The Great Travel Industry Recovery Debate and 12 Other Coronavirus Stories This Week
Photo Credit: McKinsey detailed potential shapes of an economic recovery. McKinsey
Skift Take
Bear or bull? There are diverging options about an economic recovery and McKinsey covered various scenarios. In other coronavirus stories this week, Booking Holdings applied for UK and Netherlands government relief, the U.S. travel industry has a wish list for the next relief package, cruise lines appear ready to defy a no-sail order, and hospitality students see the job market disappear.
What Shape Would the Travel Industry Recovery Look Like?: Depending on how much of an optimist or realist or pessimist you are these days, you can certainly find your travel industry recovery shape in this one slide from McKinsey here.
Is Booking in Better Shape for a Recovery Than Airbnb and Expedia?: The battle between Booking Holdings, Airbnb, and Expedia is not just about which one will emerge with the thickest wad of cash. It is also about business models, revenue stream diversity, and product offerings meshing the best with traveler behavior that may never be the same.
European Governments Weigh If It’s Time to Let Some Airlines Disappear: If the goal is efficient transportation in Europe, politicians may consider only bailing out the five biggest EU airlin
