O’Reilly Hospitality Management LLC made “temporary” layoffs in response to the coronavirus pandemic’s impact on the hospitality industry, according to the company’s leader.
“I’m extremely committed to bringing all these people back,” O’Reilly Hospitality CEO Tim O’Reilly said. “We are going to survive. We’re going to persevere and we're going to get through this.
“The layoffs have been horrific and it's a very emotional and extremely difficult thing to do at this time.”
O’Reilly declined to say how many jobs within the company are impacted, as “it’s a really fluid situation.” He said the company has 1,800 employees in nine states.
“We’ve had a dramatic reduction at our restaurants and hotels,” he said.
O’Reilly cited travel restrictions implemented by corporations and governmental bodies that he said are adversely affecting all companies in the hospitality industry. Mayor Ken McClure yesterday announced a ban on public gatherings of 10 or more people and the closure of businesses that offer entertainment, recreation or are a bar or food establishment, with exceptions for delivery, pickup and drive-thru services. President Donald Trump has delivered similar guidance.
O’Reilly said he’s been in contact with lawmakers to “make sure they understand the significance of this event.”
“We’re just trying to survive this,” he said. “When travel declines, then hotel occupancy declines.”
O’Reilly Hospitality’s website lists 20 hotels and 11 restaurants and bars under its management. The company also is working on BigShots Golf attractions in Springfield and Fort Worth, Texas, and it has an event venue called The Barley House At Moon Town Crossing that opened last year in north Springfield.
O’Reilly Hospitality ranked No. 8 on Springfield Business Journal’s 2018 Dynamic Dozen list of the area’s fastest-growing companies. The company reported 2015-17 revenue growth of 44% to $71.9 million.
SBJ interviews A Color Story's marketing lead.
Marc Thornsberry, a Senior Engineer at CJW, says he joined the company after working in the public sphere. He says CJW had a ton of experience working with the community, and putting their customer's and clients.
Sandra Smart, a technology and commercialization specialist, shares helpful advice and cautionary tips about the importance of tracking cash flow for new or established businesses. Smart works with tech entrepreneurs and hosts training workshops through the Missouri SBDC at Missouri State University's efactory.
Michael Smith and Chris Sawyer, COO and CEO of Next Level Solutions respectively, discuss how they keep their remote teams and offices in and out of country on the same page. Next Level Solutions was ranked #1 in the Springfield Business Journal's 2021 Dynamic Dozen.
John Oke-Thomas, architect and co-founder of minorities in business, responds to the accusation that minority businesses are only successful because of the priority they have received in lending. He says that if a business uses a loan well, it shows their worth.
Sandra Smart, a technology and commercialization specialist, shares tips for entrepreneurs who are ready to seek funding. Some of her tips apply broadly; some target technology industry businesses. Smart works with tech entrepreneurs and startups, and hosts training workshops through the Missouri SBDC at Missouri State University's efactory.
Hollie Elliott discusses common misconceptions about locating your business in a small town. She says that there are a lot of benefits that people may not consider.
Drawing on his own experience dynamically evolving his company and business model, Jim Meinsen discusses when and how you might need to draw on new technology. Jim and Debbie Meinsen are co-owners of TCI Graphics in Springfield.
John Oke-Thomas, longtime Springfield architect, discusses his philosophy on architecture. He says that future historians will be focused on the sustainability of our contemporary architecture.
Erin Hedlun, director of marketing and communications at Evangel University, says compassion is an important job skill. Hedlun says it is a component of what makes a leader.
Rachel Barks, owner of Artistree Pottery, talks about the concepting that went behind the aesthetic of the business.