by Steve LeVine: From airlines to Starbucks, a massive part of our economy hinges on white-collar workers returning to the office…

Awaken

Austin Was Destined to Replace Silicon Valley. Then the Pandemic Hit

Can the hottest boomtown off the coasts survive a recession—and a Covid surge?

marker.medium.com

It will save these companies leasing costs and their employees their commutes, but at what cost to the rest of the economy?


Office-dwelling road warriors — a primary profit center for the travel industry — are now homebound Zoomers, resulting in a bloodbath for airlines and hotels.



Regardless of the length of the recovery, it looks likely that airlines and hotels will have to shrink, die, or reinvent. And, in a profound forced makeover, the cities will have to reimagine themselves as well.

Source: Medium