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July 25, 2008 11:01:55 PM CDT

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Stories related to: service industry

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4 Stories

  • April 2008

    • Service Sector Sees First-Hand the Economy's Tipping Point

      newser  |  Los Angeles Times  |  Apr 29, 08 3:50 PM CDT

      Service Sector Sees First-Hand the Economy's Tipping Point

      Restaurants across the country have been dealing with shrinking dinner rushes as the economy slows, a trend that's hit their waitstaffs flush in the wallet. Though exact figures are tough to come by, anecdotal evidence suggests tips are falling, the Los Angeles Times reports—a big problem for the third-largest US employer, and for other service-sector employees reliant on gratuities. More »

      Tags

      recession  • restaurant  • service industry  • tips

  • February 2008

    • Guests Want It All at Lux Hotels

      newser  |  W  |  Feb 13, 08 1:57 PM CST

      Guests Want It All at Lux Hotels

      Luxury hotels don't bat an eye at charging $500 a night, and guests are responding with increasingly zany requests, W reports. Concierges, once downright neglected by the average customer, are now routinely tasked with the impossible: Deliver an unspecified amount of breast milk, or procure a rub-down for a dog. Why comply? To ensure loyalty in an increasingly competitive market. More »

      Tags

      hotel  • luxury hotels  • luxury travel  • resorts  • service industry  • concierge  • Barbados  • One and Only Palmilla

    • Soaring Costs Force Workers Out of Key West

      newser  |  Los Angeles Times  |  Feb 10, 08 5:58 PM CST

      Soaring Costs Force Workers Out of Key West

      High Key West housing costs are sparking an exodus of residents and leaving the island's tourists with too few people to serve them, the Los Angeles Times reports. Some 2,000 workers have fled in the past 7 years, a crushing blow to a county that houses 75,000 residents but serves 2.25 million overnight tourists each year. More »

      Tags

      US economy  • workers  • housing industry  • service industry  • Florida Keys

    • Service Sector Records Shocking Contraction

      newser  |  Bloomberg  |  Feb 5, 08 11:35 AM CST

      Service Sector Records Shocking Contraction

      US service industries took a staggering and unexpected plunge in January, contracting at a pace not seen since the last recession. In today’s non-manufacturing report, which leaked nearly an hour early, the index plummeted from 54.4 to 41.9, far more than the 53 analysts forecast. Stocks fell broadly as a result. More »

      Tags

      recession  • economic indicators  • European Central Bank  • service industry

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