Coronavirus and Travel

Coronavirus

Marriott’s China Comeback Pushes Company Closer to Profitability

Marriott's bigger portfolio in greater China than its competitors delivered the company somewhat of a financial win. But don't expect everything to return to normal on the rebound: Marriott learned how to run hotels with fewer employees during the crisis, and that's likely to be the new status quo.
Coronavirus

Expect Marriott to Tell This Growth Story This Week

Nobody is anticipating any major financial windfall news from Marriott this week, but shareholders still want to hear where future growth is coming from during an investor update. All-inclusive resorts and home rentals, relatively new divisions of the company, will certainly be on the list.
Coronavirus

Hotels See Big Jobs Jump in April But Labor Shortage Crisis Still Looms

Hotels were the bright spot in an otherwise disappointing jobs report, but there’s no time for a victory lap. Hiring has to maintain April’s strong momentum, at the very least, to meet summer demand. That’s a tall task in such a tight labor market.