Booking reported its first job cuts, accounting for around 1.5% of its global workforce.
With increased awareness and demand for ocean adventure travel, more and more people will choose diving and underwater activities.
In order to maintain brand awareness, many companies have put forward miles and points awarding activities.
67% of respondents will consider subscription service. It is estimated there will be a lot of money to be made from it.
More than 900 employees will be laid off and business units been reorganized.
A third of its guests are business travelers, and the company plans to focus on expanding that share this year.
Almost 75 million of the 100.8 million job losses will be in the G20 countries.
The drive to go-big-or-go-home has been replaced by a desperate effort to conserve cash just to survive.
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