In May, holiday home rental platform Airbnb laid off 25% of its staff — about 1,900 people — as a result of the Covid-19 pandemic. This is in addition to the pay cuts taken by the top executives and founders. Yet it was not enough to halt the near-total decimation of the immensely popular travel accommodation website, a staple of budget and luxury travellers alike.
To say the travel industry has been hard-hit by the Covid-19 pandemic is an understatement. Around the world, some airlines and hotels have been decimated by the total halt of international travel, and the industry is struggling to stay afloat. However, Swire Hotels managing director Dean Winter is confident that the industry will weather through. All that is needed is a combination of agility, resolve and open communication with staff and stakeholders alike.
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