INSIDER
Bank CEOs warn that US economy faces 'daunting' challenges
Read full article: Bank CEOs warn that US economy faces 'daunting' challengesThe CEOs of the nation’s biggest banks have appeared in front of Congress and given a dim view of the U.S. economy, reflecting the financial and economic distress many Americans are facing.
Housekeepers struggle as US hotels ditch daily room cleaning
Read full article: Housekeepers struggle as US hotels ditch daily room cleaningMany hotels across the United States have done away with daily housekeeping service, making what was already one of the toughest jobs in the hospitality industry even more grueling.
Visit Jacksonville CEO says local hotels, tourism rebounding
Read full article: Visit Jacksonville CEO says local hotels, tourism reboundingMichael Corrigan, the CEO of Visit Jacksonville, said hotel occupancy in the River City is in the 54% range, which he adds is better than most cities in the state and across the country. The Paycheck Protection Program was included in the CARES Act federal stimulus package approved in the spring by Congress. Those efforts peaked Friday when he lifted state business restrictions, such as a 50% indoor occupancy limit at restaurants. The national hotel association estimates the industry accounted for 201,433 jobs in Florida before the pandemic hit the state in March. Last Friday, Sheraton Vistana Resort, Sheraton Vistana Villages and Marriott Resorts, all in Orlando, updated layoff notifications to the state.