Browsing by Author "Lardieri, Alexa"

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    Coronavirus Pandemic Sets Hotel Industry Back 10 Years, Report Finds
    Lardieri, Alexa (U.S. News & World Report, 2021-01-27)
    According to the American Hotel & Lodging Association's first State of the Industry report, the COVID-19 pandemic eliminated 10 years of job growth for the hotel industry. It was noted that more than 670,000 hotel industry jobs were cut, while 4 million hospitality related positions were also eliminated due to the economic devastation of the COVID-19 pandemic. Although the industry is planning to add more positions moving into 2021, it will hardly make up for the jobs that were lost.