April 27. Crown Heights, Brooklyn. According to the Independent Budget Office, New York City lost 889,000 jobs across all sectors in the first half of 2020 and only managed to regain 332,000 by year’s end. The hospitality and leisure sectors dependent on packed bars, theaters, restaurants and hotels took the biggest hit of all, losing a staggering 202,000 jobs. The vaccine rollout and the lifting of restrictions have raised hopes for a rebound. A recent rise in cases has some experts concerned but they don’t expect the number of cases to reach levels seen during the first and second waves of the pandemic.
Region overview: More than 185,000 rooms in Middle East s pipeline
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