SBB announced the impact of the coronavirus pandemic in the 2021 financial year: around one third fewer customers used SBB`s trains and stations to get on the move compared to before the pandemic; SBB Cargo Switzerland experienced a stagnation
After a weak first half of 2021, international tourism rebounded during the Northern Hemisphere summer season, boosting results in the third quarter of the year, especially in Europe.
Due to the last COVID-19 developments in Austria and the measures now in effect with respect to holding events, the Aviation-Event 2021 at Vienna Airport, originally scheduled for 7 December 2021, will be postponed.
Despite business confidence meaning US employers expect to increase salaries to pre-pandemic levels in 2022, employees’ real-terms salaries will decrease.
Hilton has released a global trends report unpacking how the pandemic changed people and their travel planning and behavior.
Before the pandemic, Canada’s restaurant count held steady at 66,000 units since 2016, but then 2020 happened, and the industry lost 5,000 units, a decline of -8%.
Sharp declines in revenue caused by the pandemic coupled with a more cautious approach to lending has prompted hotel valuations to fall over the past 12 months, although not as steeply as some had initially anticipated.
Since the start of the pandemic, we are canceling our vacations, postponing bucket-list trips, and attending virtual conferences. We are looking forward to packing our suitcases again and travel as we did before. But how has the pandemic
The devastating impact of the COVID-19 pandemic on global tourism has carried on into 2021, with new data showing an 87% fall in international tourist arrivals in January as compared to 2020.
The crisis sparked by the Covid-19 emergency has had a devastating impact on the conference and events industry.
The World Travel & Tourism Council’s annual Economic Impact Report (EIR) today reveals the full devastating impact of COVID-19 had on the global Travel & Tourism sector last year, which suffered a massive loss of almost US$4.5
Century Casinos, Inc. announced that it will temporarily close its Polish casinos on March 19, 2021, through April 9, 2021.
Sleep is one of the most critical factors in overall health and wellness, but unfortunately, the Covid pandemic has had a negative effect on the world's slumber patterns.
Travel’s economic footprint in the United States shrank a staggering 42% last year, from $2.6 trillion to $1.5 trillion, according to new end-of-year totals prepared for the U.S. Travel Association by the research firm Tourism Economics.
After a good start to 2020, the coronavirus pandemic hit SBB very hard. SBB revealed the impact of the COVID-19 pandemic and what has changed today.
The visitor economy saw unprecedented losses in 2020 and tourism continues to be by far the most threatened sector in the Canadian economy due to its service nature and current reliance on foreign tourists.
The spring break season is traditionally the first major travel period of the year—but only about one in eight Americans plans a spring break trip this year.
The International Air Transport Association (IATA) released a new analysis showing that the airline industry is expected to remain cash negative throughout 2021.
Despite renewed travel restrictions imposed during the lunar new year period, there is every reason to be confident about travel retail 2021 growth prospects in China.
COVID-19 has had a devastating impact on hotel sales transactions in every state – except California. California’s new hotel
The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2020 showing that
Due to the resurgence of COVID-19 cases worldwide, the Government of Singapore will be suspending the Reciprocal Green Lane arrangements with Germany, Malaysia, and the Republic of Korea. Earlier, Indonesia and Japan were also suspended.
Beginning January 31, Air Canada is temporarily suspending flights to Mexican and Caribbean destinations for 90 days in response to ongoing COVID-19 concerns, particularly during the Spring Break period.
Despite heavy losses in revenue, railways continue to do their utmost to keep essential freight and passenger services running, while protecting their customers and staff in 2020.
Global tourism suffered its worst year on record in 2020, with international arrivals dropping by 74% according to the latest data from the World Tourism Organization (UNWTO).
Israel will halt most air travel in and out of the country for at least a week starting from midnight Monday-Tuesday, in an effort to block the invasion of emerging virus variants.
2020 stood out in many ways but it was dominated by the Covid-19 pandemic. The spread of the coronavirus changed the everyday lives of billions, and for many companies, it triggered an economic crisis. Nevertheless, there is cause for
With the implementation of another Movement Control Order (MCO) effective 13 January 2021 and along with its countrywide restrictions on interstate travels, the tourism industry again crippled, despite being allowed to operate, hotels is
The eighth monthly survey among 294 safari tour operators in Africa continues to reveal a staggeringly steep drop in business of at least 75%.
