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.
Captain Cook Cruises, also known as Fiji’s cruise line, reopened Tivua Island for day cruises. For travelers visiting Fiji, or locals needing a staycation, Captain Cook Cruises offers everything from dinner cruises and three-day journeys to seven–11-day adventures through Fiji’s must-visit surrounding islands.
All airplane flights begin on the ground. An airport is the starting point, but airspace issues continue to expand from the terrestrial to the aerial. Altitude is no barrier when countries claim sovereignty from the Earth to beyond the stratosphere.
Flanked by the ski resort-studded Balkan Mountains and situated directly downwind from the fragrant pine forests of the Vitosha mountain, Sofia’s gorgeous landscape and strategic location between Asia and Europe put it at a crossroads where business and pleasure intermingle effortlessly. In recent years Bulgaria’s capital city has ranked as one of the top 10 best places in the world for startup businesses, and the onslaught of new tax exemptions for businesses looking to invest in the country make it an attractive option for many corporations to begin operations within the city.
By Hainan Airlines
It’s been almost three years since Category 5 Hurricane Maria made landfall on Puerto Rico, wreaking havoc on the island and leaving most residents without electricity and clean water. Tourism, which accounts for 6.5 percent of Puerto Rico’s gross domestic product, took a beating, with hotels closed for year-long repairs, airlines cutting service and cruise lines shifting itineraries to other Caribbean destinations. Timing for the hurricane couldn’t have been worse, coming on the heels of the government’s announcement in May 2017 that it was unable to pay more than $70 billion in public debt and thus forced to file for bankruptcy. Large protests and a change of government would follow. Then, in January 2020, a 6.4-magnitude earthquake rocked the south side of the island, forcing San Juan restaurants to close while power was restored. And as we write this story, coronavirus runs rampant across the globe with severe economic implications for all destinations, including Puerto Rico.