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Say goodbye to hotel turndown and these other services people simply don't want to pay for anymore

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Before Hilton s announcement that housekeeping was a thing of the past, Baird analyst Michael Bellisario told The Washington Post that many hotels were considering permanent cuts to a range of services, including cleaning but also free breakfasts.
The new American consumer doesn t mind too much, as reflected by an August 2020 survey by the American Hotel and Lodging Association. Almost two-thirds of travelers said daily housekeeping should be done without.
After the pandemic, contactless is what travelers want. Insider s Michelle Gross reported in July 2020 that technology and safety will be paramount to the future hotel experience. Vanessa Ogle, CEO of hotel technology company Enseo, said, Technology will be the bridge that enables and manages safety and cleanliness procedures and communicates those procedures to guests as well as associates. ....

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Unemployment benefits aren't getting taxed, but people may not know

Ben Sklar / Stringer/Getty Images
Unemployment benefits up to $10,200 won t be taxed, per a provision in the new stimulus package.
That might be news for many Americans, some of whom were hit by surprise tax bills.
The CEO of H&R Block told Insider that the IRS hasn t decided on how they ll execute the change.
Over the weekend, I went for a long-needed haircut. I had received my first shot of the Pfizer-BioNTech shot about two weeks earlier, and knew that I had some vaccine protection; I was eager to finally get a professional cut.
When I got there, we began chatting about life and work. I started to talk about my coverage of the recent stimulus package, and some of the things that I wish more people knew about, like the historic investment in Native programs. One little known provision I was also fond of: Unemployment benefits up to $10,200 would no longer be taxed for those making up to $150,000. ....

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Educated Americans more optimistic about economy: Morning Consult

Educated Americans more optimistic about economy: Morning Consult
businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.

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US economic outlook: 3 ways the 2020s could be uniquely great new era

David W Cerny/Reuters
Vaccines and massive stimulus signal a light at the end of the pandemic tunnel and a new era for the US economy.
Antitrust proceedings against big tech could create many more jobs, while remote work is threatening so-called superstar cities.
Insider breaks down how these 3 factors are leading the US into a unique period of economic prosperity.
Vaccines are rolling out and picking up speed. There s finally a light at the end of America s long coronavirus tunnel as massive advances in public health provide reason to be optimistic about 2021.
But the world that reopens won t be the same one that shut down nearly a year ago, and the good news could go beyond a return to normalcy: the American economy of the 2020s could be the best in decades, with real optimism about enough jobs being created to put 10 million-plus Americans back to work. ....

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Biden stimulus won't spark dangerous inflation, Wall Street firms say

Republicans argue Biden s stimulus plan will fuel runaway inflation. Wall Street isn t so concerned.
Economists at major banks see new aid only modestly lifting inflation while aiding the US recovery.
Here s how UBS, BofA, Goldman Sachs, and Deutsche Bank see stimulus affecting inflation in 2021 and beyond.
The debate around passing President Joe Biden s $1.9 trillion aid proposal is a simple one.
Democrats argue the hole in the economy is so big that it warrants spending nearly $2 trillion, on top of the $3 trillion spent last March and the $900 billion spent late in Trump s term. Republicans point to all the relief the government has already provided, and say the economy can recover with a much smaller boost. If you overdo it, they say, spending so much could take inflation to worrisome levels. ....

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