Marriott CEO Arne Sorenson On The Future Of The Hospitality Industry, Masks, And Furloughs

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Quote of the day:

Travelers who resist wearing masks are risking the recovery of the hospitality industry.

The corporate furloughs carried out in April at Marriott headquarters will be extended until October, and may ultimately be coupled with outright position eliminations. Unfortunately, in light of the time it’s going to take for lodging demand and RevPAR to recover, “the furloughs and reduced work-week schedules which began in April for above-property associates in the United States will be extended through the beginning of October.” Furthermore, “given our expectation that prior levels of business will not return until beyond 2021, we expect to have a number of above-property position eliminations later this year.

 

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“Global community” lol.

Yes...artificial crisis don’t last long enough👍🏻

One world order

ExactezMoi

Oi

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