Monday, July 26

Hospitality

Business Travel, Hospitality, hotel, Leisure travel, Transportation, Travel

Leisure travel has made a startling comeback, but business travel’s recovery could still be years away

Leisure travel is making a strong comeback, but corporate travel is still lagging behind. Combination business and leisure travel is "cushioning the blow," but won't save business travel hotels. Patrick Scholes, an analyst at Truist Securities, believes business travel won't fully recover until 2023. LoadingSomething is loading. It seems like e...
California, Hospitality, hospitality workers, hotel, Marjorie Taylor Greene, Matt Gaetz, Politics, Republican Party, weekend BI US

A second California venue refused to host Matt Gaetz’ and Marjorie Taylor Greene’s’America First’ tour

A convention center in Riverside, California, has refused to host Reps. Marjorie Taylor Greene and Matt Gaetz' "America First" event. The decision was made by a private company that operates the venue, the Riverside mayor said. A hotel last week said it wouldn't host the event once it realized that Gaetz and Greene were the featured speakers. See more stories on Insider's business page. A convention center in Riverside, California, announced it would not host GOP Reps. Marjorie Taylor Greene and Matt Gaetz after it received backlash in the latest blow to the lawmakers' "America First" tour.The event was scheduled to take place Satu...
BI-freelancer, contributor 2019, Hamptons, Hiring, Hospitality, Jobs, Nordic, Personal Essay, Retail, Small Business Owner, Strategy, Summer, Unemployment, Work

I own 2 Hamptons hot spots that are busier than ever — but the worker shortage is crushing us

Zach Erdem is the owner of 75 Main and Blu Mar, two eateries in Southampton, New York. Since reopening in June, Erdem says he's struggled to find workers despite increasing the hourly pay. Here's what hiring has been like for him post-pandemic, as told to freelance writer Jenny Powers. LoadingSomething is loading. ...
Business Visual Features, Hospitality, hotel, Las Vegas, Las Vegas strip, Nevada, Real Estate, Resort World, Tourism, Travel

Las Vegas has a new $4.3 billion crypto-friendly resort — take a tour inside the first new casino on the Strip in a decade

The exterior of Resorts World Las Vegas. Resorts World Las Vegas The Las Vegas Strip has a new hotel: the $4.3 billion Resorts World Las Vegas. Resorts World has tech-forward amenities like "cashless wagering" and partnerships with Grubhub and Gemini. Take a tour of the new hotel, which officially opened June 24. See more stories on Insider's business page. The Las Vegas Strip's newest hotel officially opened on June 24: the $4.3 billion Resorts World Las Vegas. Resorts World Las Vegas. John Locher/AP Photo The hotel was developed by Malaysia-based Genting Group and its official opening could not have come at a more fortuitous time as people begin traveling again. The casino. John Locher/AP Photo "A brand-new Las Vegas opening like Resorts World ...
Economy, Employment, Hospitality, Jobs, labor shortage, Leisure, Restaurants, Retail, Unemployment, Work

A third of former hospitality workers say they won’t return to the industry because they want higher pay, better benefits, and a new work environment

A third of former hospitality workers say they won't return to the industry at all, per a survey by Joblist. They want better pay and benefits than the industry can offer, they say. Hospitality pays less than other industries, but the labor shortage is forcing companies to push wages up. LoadingSomething is loading. ...
Economy, Food Network, Guy Fieri, Hospitality, Nordic, Opinión, original contributor, Paul Constant, Pitchfork Economics, Restaurants, Retail

Guy Fieri is fighting for struggling restaurant owners — too bad he doesn’t care as much about their workers

Paul Constant is a writer at Civic Ventures and cohost of the "Pitchfork Economics" podcast with Nick Hanauer and David Goldstein. This week for Insider, he writes about restaurateur Guy Fieri's recent interview with Kara Swisher. In it, Fieri rehashed "tired trickle-down threats" and sounded less like a man of the people, Constant writes. LoadingSomething is loading. ...
Bureau of Labor Statistics, Economy, Hospitality, Indeed, Job Growth, Jobs, Jobs Report, Labor, Leisure, Markets, nick bunker, Politics, Retail, Unemployment, Wages

Leisure and hospitality workers got a ton of jobs in June — and they got a raise

Leisure and hospitality added 343,000 payrolls in June, making up 40% of total job gains. The June jobs report also showed higher wages for those workers, suggesting pay increases are helping hiring. But wages in the sector are still recovering from the hit caused by the coronavirus recession. See more stories on Insider's business page. The June jobs report added 850,000 payrolls, going beyond expectations as the economy continues to recover from the pandemic. A large chunk of the big jobs gain came from leisure and hospitality, and the reason for this likely comes down to higher wages.Of the 850,000 payrolls added, leisure and ho...
BI-freelancer, Careers, contributor 2019, Hamptons, Hospitality, job diary, Laura Casado, Luxury, New York, Nordic, reopening, Restaurants, The Hamptons, Wealth

I own 2 Hamptons hot spots that have been booked solid for a month. People will do just about anything to snag a table, from flashing cash to pretending they know me.

Zach Erdem is the owner of 75 Main and Blu Mar, two hotspot restaurant and bar destinations in Southampton, New York. His restaurants reopened at full capacity on June 1, and have been booked solid ever since. Here's what it's like running his restaurants post-pandemic, as told to freelance writer Jenny Powers. See more stories on Insider's business page. Reopening my restaurants felt as if we'd all suddenly been released from a year-long cage, and now everyone is trying to make up for lost time. The Hamptons are filled with people who aren't used to hearing'no.' With much fewer restaurants, bars, and clubs than places like Manhatt...