COVID-19

Airbnb Taking a Beating During Coronavirus Pandemic

The travel industry is getting hammered by the coronavirus crisis.  Business and leisure travel have both declined considerably.  And, due to the lack of clarity when things will improve, future bookings are being impacted at an alarming rate.  United is flying nearly empty planes, even after grounding a large part of their fleet.  They’re not alone, with literally dozens of airlines grounding their entire fleet.  The damage isn’t limited to airlines.  Marriott has already furloughed 2/3 of their corporate staff.  And, Airbnb is nowhere near immune, taking a healthy beating […]

United Airlines Is Flying 84% Of Their Seats Empty Today

United Airlines has a load factor of only 16% today with 40,000 passengers booked worldwide.  This is according to a source at United with knowledge of the daily operations. There are tons of airlines who have grounded significant portions of their fleet due to the current crisis surrounding coronavirus.  Some friends of mine are tracking cancelations around the world and you can view their work here.  United currently appears to have 68% of their fleet of 786 airplanes grounded right now, spurred by lack of demand due to COVID-19. United […]

Marriott Furloughs Two-Thirds of Their Corporate Employees

The crisis surrounding the coronavirus pandemic continues to spread in ways that might have seemed unimaginable even weeks ago.  Marriott just announced that they’re laying off thousands of corporate employees, two-thirds of the entire corporate team. It was just a few days earlier that Marriott started furloughing tens of thousands of workers around the world in hotels that were part of closures due to the drop in travel.  Now, that appears to have expanded to their corporate office. The Wall Street Journal is reporting that Marriott is furloughing approximately 2,600 […]

Should You Travel During The Coronavirus Scare?

You’d have to be under one serious rock to be unaware of Coronavirus.  The spread of the disease has reached over 50 countries and the number of people who have perished number in the thousands.  What started as a trickle of questions from readers and listeners about traveling during this public health emergency has turned into a steady flow.  I’ve spent the past few days thinking about travel and Coronavirus quite a bit and have consolidated some thoughts and questions.  This isn’t an up-to-date listing of current events revolving around […]