Leisure and hospitality businesses are among the hardest hit by the pandemic across the U.S. and in Colorado. The state lost more than 36,000 jobs in leisure and hospitality in December alone.
Resorts are walking a fine line between keeping people safe during the pandemic and satisfying customers, many of whom paid hundreds of dollars for season passes.
This time around, the Payroll Protection Program includes $35 billion set aside for businesses that didn’t borrow last time and $30 billion is for lenders that serve poor and rural communities.
Social distancing, how – or if – people can safely gather inside to eat and drink, and reservation systems, are just a few of the issues facing resort staff and guests alike.
The toll on restaurants has been especially brutal. In April, restaurants in Colorado suffered $1 billion in lost revenue when dining was shut down, according to a report from the Leeds School of Business at the University of Colorado Boulder.