Tag: economy

November 28, 2022

Many global economies are going through a period of high inflation, brought on by macroeconomic factors such as government stimulus and global supply shocks. We have asked the questions: can rising costs be passed along to the consumer and what […]

November 2, 2022

A new joint-report from ABTA and UKinbound outlines the value of international travel to the UK economy in terms of supporting jobs, economic contributions and taxes paid to HM Treasury. The report, International Travel: Powering the UK economy, looks at […]

December 17, 2020

Here’s what we are watching as markets kick into gear Thursday.—U.S. stock futures rose as investors cheered signs of progress toward a fresh stimulus package. New data showed 885,000 people made initial jobless claims last week, more than economists had […]

July 16, 2020

The U.S. Travel Association said that travel can continue to move forward as long as people comply with wearing masks and other measures to curb the spread of Covid-19. When asked during a press call whether traveling right now is […]

June 19, 2020

WASHINGTON — As a result of the sharp drop in travel demand from COVID-19, state and local tax revenue from hotel operations will drop by $16.8 billion in 2020, according to a new report by Oxford Economics released today by […]