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Summary List PlacementTravel professionals will argue that their industry was likely the hardest hit by the COVID-19 pandemic, as global shutdowns thwarted large amounts of planned business trips and family vacations last year. US hotel revenue in 2020 fell nearly 50% to $84.6 billion, according to a recent report on the state of the industry by the American Hotel & Lodging Association. The same...

Summary List Placement When the coronavirus began to circulate around the world, it brought travel to a near stand-still.  For travel companies like Booking Holdings — the company that operates Kayak, Priceline, Booking.com, Rentalcars.com, OpenTable, and Agoda — it was a crisis. Booking Holdings saw the worst effects of the pandemic in the most recent quarter, reporting in August that gross bookings fell by...