The travel industry continues to feel the effects of the COVID-19 pandemic. Hotels are experiencing a direct hit with a significant drop in occupancy rates. The American Hotel & Lodging Association estimates 4 million jobs have been eliminated or will be in the coming weeks. It’s projected 44 percent of hotel employees in every state have lost or will lose their jobs.
In Seattle, San Francisco, Austin and Boston, hotel occupancy rates are currently below 20 percent. Since the middle of February, U.S. hotels have lost $2.4 billion in room revenue. States reporting the highest number of total coronavirus-induced job losses are California, Florida, Georgia, Illinois, Nevada, New York and Texas.
“The impact to our industry is already more severe than anything we’ve seen before, including September 11th and the great recession of 2008 combined,” said Chip Rogers, president and CEO, American Hotel & Lodging Association. “The White House and Congress can take urgent action to protect countless jobs, provide relief to our dedicated and hardworking employees, and ensure that our small business operators and franchise owners — who represent more than half of hotels in the country — can keep their doors open.”
For a full state-by-state breakdown of job loss figures due to Coronavirus, download the fact sheet.
The city took its name from Athena, goddess of wisdom, strategy and war, and protector of the city. The financial, political and administrative center of the country and an all-powerful city-state in antiquity, Athens is a major center of culture. A visit to the first-ever museum dedicated to Byzantium, a stroll around the National Garden and a trip to the Olympeion archaeological site will take you back through time.
The Bushcamp Company is continuing extensive renovations on four of its eight wilderness properties within South Luangwa National Park in Zambia, including a complete rebuild of one. The refurbishments will be ready for the late 2020/2021 safari season.
Seoul and its 10 million residents entered the Distancing in Everyday Life phase of COVID-19 countermeasures. Residents will follow personal hygiene guidelines, including washing hands, wearing masks and maintaining a one-meter distance. Drive-through and walk-through screening centers are available.
Finding a beachfront Punta Cana all-inclusive resort for all ages can be daunting when you want to take home great memories with loved ones but also experience a sophisticated escape. Now, you can have both thanks to a new resort: Finest Punta Cana.
To guarantee the safe reopening of all activities in Spain, with restrictions on the arrival of foreign visitors lifting July 1, the Secretary of State for Tourism and the Ministry of Health prepared guidelines to reduce the spread of COVID-19 in the tourism sector, including service, cleaning/disinfection, maintenance and risk management.
LATAM Airlines Group S.A. and its affiliates in Chile, Peru, Colombia, Ecuador and the United States initiated a reorganization and restricting of debt under Chapter 11 protection in the United States, in light of the disruption caused by the COVID-19 pandemic. The reorganization provides LATAM the ability to reduce debt, access new sources of financing and continue operations.
Looking for a truly unique travel experience and considering a new vehicle? The Volvo Overseas Delivery Program is the perfect solution to create your own adventure of a lifetime. Volvo allows you to custom order your new automobile tailored to fit your needs and desires. They will fly you to Sweden to pick up your Volvo so you can drive and explore Scandinavia and Europe on your terms for up to two weeks.
Parma, Italy, was set to take center stage in 2020 as the Italian Capital of Culture, but COVID-19 interrupted those plans. Last week, the Italian government announced that, as a result of the global pandemic, Parma’s designation will continue through 2021.