HP COVID-19: Shaping Travel

Shop by TRAVEL, HOSPITALITY, RETAIL $400B Decline in spending THE TRAVEL INDUSTRY HAS BEEN HIT THE HARDEST BY THE COVID-19 PANDEMIC U.S. Projections for 2020 ($] 5.9M 7X Jobs lost Impact of 9/11 Source: httas/wwS 24-WER AIRLINES GROUNDING PLANES AS PEOPLE STOP FLYING As of April 2020 95% 1,200 $1.6B Drop in Grounded planes in the U.S. Lost revenue passengers per day HOTEL INDUSTRY SEEING JOB LOSSES & RETAIL IS RELYING ON E-COMMERCE DURING LOCKDOWNS EVEN AS RESTAURANTS STAY OPEN, WORKERS ARE LOSING JOBS REVENUE DECLINES As of April 2020 March 13-15 vs March 1-11 3 out of 5 Increase in ОPEN ОPEN 4M restaurants 25% e-commerce open for takeout/delivery jobs lost OPEN sales 2 out of 3 钟 Increase in Up to $925B lost revenue restaurant 50% e-grocery workers have sales lost jobs https://www.forbes.com/sites/suzannerowankelleher/2020/03/23/4- milian-hotel-warkiers-to-lose-their-jabs-in-coming weeks/#211719F94cd0 https://www.statista.com/statistics/1105260/toranavirus-hotel- business-sales-impact-us/ Source: https://www.foodandwine.com/naws/national-restaurant- association-unemployment-statistics-caronawrus Source https://multhichorneimerchant.con/ecammerce/s-ecammerce I sales-25-de-covid-19-e-grocery-doubles/ KEY TAKEAWAY: The travel industry has been hit the hardest by the economic effects of the pandemic, with no sign of a return to "normal" anytime soon. Restaurants continue to scramble to adapt to ever-changing restrictions, as retail stores rely on e-commerce to stay afloat. SHAPING INDUSTRIES: