This webinar, hosted by The Turnaround Management Association (TMA), features Sidley partner Sam Newman in conversation with leaders from Wells Fargo and EY. The vaccine rollout has both businesses and leisure travelers anxiously awaiting the “all-clear” to pack their bags again. The travel sector is likewise eager to welcome them back onboard, as revenues were climbing at a steady clip before the lockdown. But what exactly can the former expect in terms of service levels, and the latter in terms of passenger volumes, occupancy, and profits, after more than a year of depressed demand and ballooning balance sheets? Our expert panel will offer their perspectives on the current state and future prospects of commercial airlines, cruise operators, and hospitality, as well as the supporting players and infrastructure upon which travel depends.
- How deep of a hole does the industry find itself in right now?
- How quickly will demand recover and will we get back to the pre-pandemic growth curve?
- Whatever the demand picture, how well-positioned are operators and the larger travel ecosystem to adapt?
Partner, Restructuring, Sidley
Managing Director, Hotel Franchise Finance, Wells Fargo & Company
US West Restructuring Leader, EY
Managing Director, EY