# In a story exploring the impact of the coronavirus crisis on hotels, Professor Arun Sundararajan explains why the industry could be facing a 50% of workforce cut over the next year

1 Faculty News May 7, 2020 ![PIX 11 News logo](/sites/default/files/styles/246w/public/assets/images/pix11news.jpg?itok=muG8wdmP)>

Excerpt from [Pix11](https://www.pix11.com/news/coronavirus/recovery-of-hotel-business-and-jobs-could-be-very-slow) -- "'At least over the next six to 12 months I would not be surprised to see 50% of workforce cut,' said NYU Stern’s School of Business [Arun Sundararajan](https://www.stern.nyu.edu/faculty/bio/arun-sundararajan). In recent years, New York City welcomed about 65 million visitors for business and tourism each year. Sundararajan said people will likely make different choices in the years ahead."

[Read More](https://www.pix11.com/news/coronavirus/recovery-of-hotel-business-and-jobs-could-be-very-slow)
