Oyo Furloughs Thousands of Employees Globally Except for India


Pictured is the Oyo 101 Click Hotel in Dubai. Oyo announced thousands of furloughs and temporary leaves. Oyo

Skift Take: Oyo put in place a substantial number of furloughs — likely in the thousands — and there are probably many more to come after the India lockdown ends. The Oyo that emerges will look different than the rocket ship of a year ago. Withdrawing from certain markets will certainly have to be under consideration.

— Dennis Schaal

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Coronavirus Threat Hangs Over Tourism-Reliant Pacific Islands as Powerful Cyclone Batters Region

juancat  / Adobe

Vanuatu has been hit by one of the strongest recorded storms to ever make landfall on the tiny Pacific nation. juancat / Adobe

Skift Take: The coronavirus storm, if it makes landfall on these vulnerable Pacific island nations, could trigger a second wave of hardship for these tourism-oriented economies.

— Xinyi Liang-Pholsena

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Economy Extended Stay Is the Strongest of the Weak U.S. Hotel Sector in March

Saalebaer  / Wikimedia

The client base at U.S. economy extended stay hotels help maintain performance levels while coronavirus wreaks havoc on business in other sectors. Saalebaer / Wikimedia

Skift Take: U.S. economy extended stay hotels continue to see relatively strong performance levels during the coronavirus downturn, while offering rooms for emergency services could maintain numbers from dipping as the crisis continues.

— Cameron Sperance

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Tourist-Heavy States Will Feel Some of the Worst Coronavirus Economic Sting: Report

Elmschrat  / Wikimedia

States with older populations or tourist-focused economies like Florida are expected to feel the worst economic impact from coronavirus, according to an Oxford Economics report. Elmschrat / Wikimedia

Skift Take: As economists struggle to make sense of how big the coronavirus downturn will be, many point to tourist-heavy states with older populations like Florida, Maine, and Nevada as having the most vulnerable economies in the U.S.

— Cameron Sperance

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Hilton, American Express Offer 1 Million Rooms to Coronavirus Frontline Medical Staff

Channone Arif  / Flickr

Hilton and American Express are partnering to offer as many as 1 million hotel rooms to U.S. healthcare workers working directly with coronavirus patients to safely self-isolate. Channone Arif / Flickr

Skift Take: The Hilton and American Express partnership is the latest in a growing list of hospitality companies looking to pump life into empty hotels during the coronavirus downturn in travel.

— Cameron Sperance

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Shuffled Not Shaken Out: How Hotel Giants Will Handle All Those Brands Post-Coronavirus

BrendelSignature  / Wikimedia

Global hotel companies are likely to use the coronavirus downturn in travel as an opportunity to shuffle flag affiliation at select properties. BrendelSignature / Wikimedia

Skift Take: Recent brand buildup by global hotel giants has caused some analysts to caution against brand cannibalization, but the coronavirus downturn isn’t likely to change the push for more flags.

— Cameron Sperance

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