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Hospitality Workers, Job Loss, And COVID-19 Related Addiction
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How to Deal With Common Challenges in Hotel Industry in 2024?
WebNew AHLA report examines the hotel industry’s recovery, the specific impact on and eventual return of business travel, and consumer travel sentiments. The impact of COVID-19 on the travel industry so far has been nine times that of 9/11. Hotels were one of the first industries affected by the pandemic and it will be one of the last to recover. WebDec 1, 2024 · Hotel workers experienced a devastating 38 percent unemployment rate earlier this year, and nearly two-thirds of U.S. hotels had occupancy rates of 50 percent or less late this summer—not enough ... WebJun 10, 2024 · While publicly traded hotel companies have done much worse than the broader market—bottoming out at a 60 percent share price decrease, 25 percentage … chloe chebance