The American hotel industry could be on the brink of collapse with as much as two-thirds of the nation’s hotels set to shutter in six months without financial help from the government and millions of industry workers laid off, a situation CEO of Best Western Hotels David Kong told CNBC on Monday was “not sustainable.”
Hotels have been the victim of a devastating one-two punch from the coronavirus pandemic, with forced closures leading to massive layoffs, and a sharp decline in bookings with travelers afraid checking in might mean contracting the virus.
“It’s really hard to say when a recovery is going to be. This situation we are in now, it’s not sustainable. It’s really bad,” Kong, who recently spoke with both the White House and Congressional Democrats about stimulus funding, told CNBC.
Kong noted the
JDog Brands is recruiting even more Veterans to join its rapidly growing band of Veteran- and Military-family owned franchises. Now through Dec. 31, 2020, Veterans and Military family members that are also current or former law enforcement will receive a $5,000 discount off the initial franchise fee for both JDog Junk Removal and Hauling and JDog Carpet Cleaning.
In major cities across the U.S., police officers are retiring at double, even triple the usual rate. Many of them will be looking to put their skills and training to use in a new way, including entrepreneurship and franchise ownership.
“The experience, work ethic, and values these public servants gained from their time on the force, combined with their experience as Veterans or Military family members, makes them uniquely suited for business ownership at JDog,” said Army Veteran Jerry Flanagan, the co-founder and CEO of JDog Brands. “Our focus on people, purpose,
One of the government’s top scientific advisers has warned that the current social distancing measures aren’t enough to halt a second wave of coronavirus.
Sir Jeremy Farrar, a member of the Government’s Scientific Advisory Group for Emergencies (SAGE), said the government had been “too slow” to act in the initial stages of the pandemic.
He added that the recent decision to impose a 10pm curfew on pubs and restaurants “do not go far enough to reduce transmission”.
“It is for politicians to make these very tough decisions, but public trust, confidence and understanding are critical to effective public health – and at the moment that trust is fragile and fracturing,” Sir Jeremy wrote in The Times.
“These will be difficult months for us all. It is
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