How should the travel industry rescue itself?

Survival strategies for budget airlines, small hotels, and cruises under the pandemic

The travel industry is one of the most hurt fields since the outbreak of COVID-19 this year. Many companies are in full collapse and industry groups flocked to Capitol Hill with the hopes of a government bailout.

However, as the $250 billion portions of the Treasure Department package to the travel-related businesses mainly target the large airlines and hotel chains, smaller and…