May 16, 2022
Via: Hospitality NetIn earnings calls and conference commentary this year, all I hear about is optimism related to the still untapped potential of pent-up travel demand. A lot of that is tied to leisure travel, the segment that has already led the […]
December 28, 2021
Via: Hospitality NetAlthough the full impact of the Omicron variant on the travel industry is not yet known, with borders reopening across the world and recovery settling in, airlines and hospitality brands are again looking ahead with an expansive lens. Crisis always […]
November 8, 2021
Via: Hospitality NetPlanes poured across the North Atlantic towards the United States on Monday, a boon for airlines after 19 months of travel restrictions – but that alone won’t be enough for carriers whose profits depend on filling the most expensive seats. […]
September 17, 2021
Via: Hospitality NetFor months people have been talking about a return to travel, and indeed willingness is strong and steady. In a recent poll from GBTA, seven in ten (72%) travel buyers felt their employees were ‘willing’ or ‘very willing’ to travel […]
August 27, 2021
Via: Hospitality NetNDC is a feature-rich way for airlines to share their product offering in their indirect distribution channels with more efficiency and flexibility while offering more relevant information to the traveler. It’s transforming the way the travel industry sells and buys […]
August 25, 2021
Via: Hospitality NetAfter a pause of nearly 18 months caused by the pandemic, travel is slowly re-starting. Virtual meetings are giving way to hybrid events with small groups travelling locally to attend gatherings which are then broadcast to a wider audience virtually. […]
Finance and Development, Markets
July 27, 2021
Via: Hotel News ResourceThe UK’s economic revival is being hampered by the lack of inbound travel while flights to amber list countries take off, says the World Travel & Tourism Council (WTTC). The warning comes from the global tourism body, which represents the […]
Finance and Development, Markets
July 22, 2021
Via: WSJNo two airlines are the same: Each operates in a different market with different business models that have been differently affected by the pandemic. But you wouldn’t know that by looking at the stock market. When the Covid-19 crisis first […]
September 3, 2020
Via: Hospitality NetDuring a typical year, this would be the time airlines see traffic trends shift from the busy summer travel season to the fall, in which business travel takes a larger role. That calendar shift will be problematic for airlines this […]
August 25, 2020
Via: Hospitality NetLangley, UK – The majority of travelers are now ready to consider booking domestic and international trips, but only if airlines, airports, hotels and car rental companies collectively implement ten different safety measures throughout their journey, including fully flexible or […]
August 10, 2020
Via: Hospitality NetConsumer spending continues to be affected by the coronavirus, and many Americans have canceled or postponed upcoming travel plans. Major airlines have incurred the brunt of the impact, with many receiving bailouts from the government. But one thing that could […]
July 13, 2020
Via: Hospitality NetIn the heart of Australian outback lies Alice Springs. The town – colloquially known as Alice – is the site of indigenous human presence dating back nearly 30,000 years. More recently, however, a new (and admittedly very different) type of […]
July 10, 2020
Via: Hospitality NetJuly is an exciting month for international travel as more countries open their borders to foreign travelers. Airlines are offering more domestic and international flight options than in the last few months. However, there are still many countries that Americans […]
July 1, 2020
Via: CNBCEuropean travel and leisure stocks have rebounded in recent weeks but still have a long way to go before returning to pre-crisis levels. The Stoxx 600 travel and leisure sector, which covers 16 companies, sank 42% in the first quarter […]
June 18, 2020
Via: Hospitality NetPlaces are easing coronavirus restrictions. Travel companies are reopening their business with enhanced sanitizing measures. People are ready to travel again. Do you see early signs of recovery? Here are some positive updates, although it is still too early to […]
June 15, 2020
Via: CNBCPassenger demand at London’s second-largest airport may not return to pre-crisis levels for another three or four years as the sector grapples with severe disruption. Airports have been heavily impacted by the coronavirus pandemic, with airlines stopping or significantly reducing […]
June 5, 2020
Via: CNBCAirline stocks are headed for their biggest weekly gains ever on hopes of a rebound in the U.S. economy and air travel demand. The NYSE Arca Airline Index, which tracks 16 airlines, mostly in the U.S., is up nearly 50% […]
May 15, 2020
Via: Hospitality NetWhen the state of Florida began enacting stay-at-home measures and closing beaches in mid-March, in response to the threat of COVID-19, Miami-based real estate agent and artist Nadia Bouzid was in the middle of painting a mural inside a new […]
May 13, 2020
Via: Hospitality NetHow does mass-transit work if everyone has to stay two meters apart, and where national borders can open and close at short notice? Exactly how international travel can operate smoothly and safely in the COVID-19 era is really anyone’s guess […]
April 20, 2020
Via: CNBCUnited Airlines on Monday posted a $2.1 billion loss for first quarter, its biggest since 2008, as the coronavirus pandemic drove travel demand down to the lowest level in decades. The Chicago-based airline said it has applied for up to […]