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IATA: Airline companies could turn into ghosts

Lark Gould Travel, Hospitality & Event Management

New forecasts from the International Air Transport Association (IATA) are painting a bleak picture for airline recovery. According to the IATA's recent updated analysis, which profiled damage wrought by the COVID-19 crisis on the global airline industry, airline passenger revenues are projected to drop by $314 billion in 2020, a 55% drop over 2019. Previously, in March, IATA estimated $252 billion in lost revenues (-44% vs. 2019) in a scenario with severe travel restrictions lasting three months.

Airports are using the COVID-19 lockdown to undertake essential works

Matt Falcus Transportation Technology & Automotive

One of the most difficult projects for busy airports to manage is refurbishing or rehabilitating infrastructure such as a runway when it is still required for aircraft use. Yet, with the global lockdown, airports are finding an opportunity to undertake these works with little disruption to operations. Press releases and local news reports from across the world tell of the work airports are undertaking to improve and repair runways and taxiways. In many cases, planned works have been brought forward to take advantage of the current situation and lack of traffic.

President Trump signs Paycheck Protection Program 2.0

Seth Sandronsky Business Management, Services & Risk Management

On April 24, President Trump signed a second Paycheck Protection Program (PPP) of $484 billion to aid an economy that is shrinking sharply from the COVID-19 pandemic. In the past 35 days, as leisure, hospitality and retail businesses have closed across the U.S., over 24 million workers have filed claims for unemployment insurance. According to the president’s Twitter account, PPP 2.0 includes $310 billion to replenish the small business PPP, $75 billion for hospitals and $25 billion for COVID-19 tests.

Making up for lost time

Linda Popky Business Management, Services & Risk Management

As the lockdown for COVID-19 enters its second month in most locations, it's becoming apparent there are businesses that are thriving, but many more businesses are suffering. Some of these businesses will recover once the economy begins to breathe again. But some time-based purchases will never be made up. For example, we are not going to go get two haircuts because we missed one. Nor are we going to get two dental checkups at once or attend two meetings of the same association at once to make up for one that was canceled. So, what are we to do? Here are a few ideas.

Being a performing artist after the coronavirus pandemic

Patrick Gleeson Recreation & Leisure

A few years ago, I retired from writing music for film and television. I'm aware how incredibly lucky I've been to have had the job, but after doing it for years I wanted to see if I could get anywhere attracting an audience with music I'd written for myself, not for a director or producer. So, I quit Hollywood and began again. This year, I was looking forward to my next gig at an electronic music festival, Synthplex, where I was scheduled to headline on March 27. Now, like millions of Americans, I'm sheltering in place, giving me plenty time to wonder — no, worry — about what it will be like pursuing a career in the arts, and especially the performing arts, when this plague has passed.

What happens when the hospitality sector reopens?

Michael J. Berens Construction & Building Materials

Just before the COVID-19 pandemic brought the industry nearly to a halt, U.S. hotel construction hit an all-time high in March. Other projects were queueing up in the pipeline. Now, as with so many industries at present, the future of those projects as well as of hospitality in general remains in doubt. Once travel restrictions begin to loosen up, will guests come back, which ones, and how soon are questions both travel and hospitality analysts are trying to answer.

When can we start traveling again?

Linchi Kwok Travel, Hospitality & Event Management

When will the COVID-19 pandemic end? When will we be able to travel again? Since California issued its stay-at-home order in mid-March, over 316 million people in the U.S. and Puerto Rico have been urged to stay at home. The U.S. State Department also issued a "Level 4: Do Not Travel" advisory for all international travel. Today, many people are getting tired of staying at home. So, when can we go out and begin traveling again?

Vintage trailer park resorts deliver retro bliss

Dave G. Houser Recreation & Leisure

Shortly after World War II and before the advent of modern motor homes, thousands of Americans hit the nation's highways and byways towing compact travel trailers. Well, guess what? They're back. Vintage trailer park resorts, brimming with brightly refurbished campers from makers such as Airstream, Alma, Boles, Kropf, Shasta, and Spartan are all the retro rage these days. So, please join us as we take a step back in time for a look at seven retro-chic trailer park resorts ready to book your stay — once the coronavirus goes away.

Employees are a weak link in cybersecurity: How to protect your business

Daniel Markuson Business Management, Services & Risk Management

Estimates show that 90% of corporate data breaches in the cloud happen due to hacker attacks that target employees, according to a report from Kaspersky Lab. With many of them forced to work remotely during the quarantine, companies are now more vulnerable than ever. Employee negligence is a great threat to business security. However, this particular risk is easy to control. There are many digital tools that can help protect organizations from data breaches.

Infographic: How smart cities can defend against pandemics

Karlyn McKell Science & Technology

As our world becomes smarter, so do our cities. Find out how futuristic urban planning can help defend against pandemics such as COVID-19.

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