Structural issues are basically the rise of AirBNB - hotels with far less regulation / staff coverage. Now probably 99% of that regulation provided real tangib

Structural issues are basically the rise of AirBNB - hotels with far less regulation / staff coverage. Now probably 99% of that regulation provided real tangible benefits to the customer and or the staff. I mean if suddenly a competitor arrives in your industry selling the same product, with near zero marginal costs, and half the time they cannot price correctly and are happy to see "any" income there might be issues for your industry. Edit: oh Ok - structural in the supply of labour. In the UK that is hugely labelled Brexit, but it is interesting to see a problem elsewhere - As others say Covid shock is most likely as people re-evaluate what they are willing to tolerate.