FX Excursions

FX Excursions offers the chance for once-in-a-lifetime experiences in destinations around the world.

Hotel Industry Employment Loss Due to COVID-19

by Katie Skrzek

Mar 25, 2020

© Igor Mojzes | Dreamstime.com

Trends / Top Trends

The travel industry continues to feel the effects of the COVID-19 pandemic. Hotels are experiencing a direct hit with a significant drop in occupancy rates. The American Hotel & Lodging Association estimates 4 million jobs have been eliminated or will be in the coming weeks. It’s projected 44 percent of hotel employees in every state have lost or will lose their jobs.

 

In Seattle, San Francisco, Austin and Boston, hotel occupancy rates are currently below 20 percent. Since the middle of February, U.S. hotels have lost $2.4 billion in room revenue. States reporting the highest number of total coronavirus-induced job losses are California, Florida, Georgia, Illinois, Nevada, New York and Texas.

 

“The impact to our industry is already more severe than anything we’ve seen before, including September 11th and the great recession of 2008 combined,” said Chip Rogers, president and CEO, American Hotel & Lodging Association. “The White House and Congress can take urgent action to protect countless jobs, provide relief to our dedicated and hardworking employees, and ensure that our small business operators and franchise owners — who represent more than half of hotels in the country — can keep their doors open.”

 

For a full state-by-state breakdown of job loss figures due to Coronavirus, download the fact sheet.

#TrazeeTravel

Insta Feed
Under $100 / Europe
Apr 7, 2020

Under $100: Brussels, Belgium

Start your day with breakfast at L’Equilibre. It makes great club sandwiches. We recommend the Italian Club made from Italian ham, eggplant, Parmesan, pesto, and arugula, with soup of the day and bread ($10).

Pack Your Bags, You’re Going to Tokyo!

All Nippon Airways (ANA) is the largest airline in Japan. With flights from the United States to Japan and all of Asia, it's the perfect airline to book your next trip with. From ANA's amazing in-flight food to its excellent customer service, it comes as no surprise ANA has been awarded five stars for its seventh consecutive year by the SKYTRAX World Airline Rating.

Reviews / Entertainment
Apr 7, 2020

Review: Norton Simon Museum

Pasadena, California, is home to plenty of places to experience great art, but none so impressive as Norton Simon Museum. Nestled in an enclave of greenery along the city's famed Colorado Boulevard, this museum offers a peaceful retreat from the bustle of the city outside for connoisseurs to experience the work of some of the world's most famous artists.

Tips / Destination
Apr 6, 2020

Washington, D.C.’s Hamilton Hotel Offers Daily Room Rentals for Those Looking for a Home Office

Hamilton Hotel, in downtown Washington, D.C., offers its rooms for use as home offices for people who need safe, clean work environments outside of their home. Guests can make booking by calling the hotel directly at 202.682.0111.

Pack Your Bags, You’re Going to Tokyo!

All Nippon Airways (ANA) is the largest airline in Japan. With flights from the United States to Japan and all of Asia, it's the perfect airline to book your next trip with. From ANA's amazing in-flight food to its excellent customer service, it comes as no surprise ANA has been awarded five stars for its seventh consecutive year by the SKYTRAX World Airline Rating.

Top 5 / Other
Apr 6, 2020

Top 5: Unusual Jobs That Pay for Your Travel Habit

Even with the most creative travel reward hacking and budget strategies, wanderlust typically comes with a price tag. Fund your travel habit with these five unusual jobs that put a flexible and fun income in your pocket for exploring.