Browsing by Author "McFarland, Matt"

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    Hotel industry says it will struggle to get by even with government help
    McFarland, Matt (CNN Business, 2020-04-03)
    The Coronavirus has devastated the hospitality industry, especially hotels. Hotel occupancy has fallen drastically, there have been mass furloughs and layoffs, and many executives have taken pay cuts or given up their salaries completely. Hotels are needing more financial support, but business is unlikely to bounce back until travel restrictions are lifted and people feel comfortable with traveling again.