Contactless technologies became mission critical as a way to solve many of the issues created by the coronavirus crisis. As we transition from the pandemic into the next normal of semi-permanent viral safety upgrades and the dominance of regional travel, it’s important to consider the long-term ramifications of so many people furloughed or unemployed by the pandemic.
Within the hospitality industry, we are all quite aware that Covid continues to spook people all over the world, which will lead to depressed overall travel numbers for quite some time to come. Add to that the various automated systems that together mean hotels may never need to hire back a large portion of their former employees – this in an industry that historically accounts for one in ten jobs globally.
Thinking broader, eventually the government stimulus checks will run out and loans will have to be repaid, which has already led many others to predict some form of upcoming economic recession. All told, this can mean a huge amount of lower income individuals without a source of wages for quite