Low Demand for SBB’s Trains
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 […]
COVID-19 impact
Importance of Tourism for Economic Recovery In 2022
The important role that tourism will play in the recovery of national economies and global trade.
Importance of Tourism for Economic Recovery In 2022 Read More »
UNWTO and the Asian Development Bank Publish Tourism Recovery Report
UNWTO and the Asian Development Bank have launched a joint report on the use of big data for better tourism planning and management.
UNWTO and the Asian Development Bank Publish Tourism Recovery Report Read More »
Global Tourism Sees Upturn in Q3 but Recovery Remains Fragile
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.
Global Tourism Sees Upturn in Q3 but Recovery Remains Fragile Read More »
Aviation-Event 2021 at Vienna Airport Postponed
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.
US Salaries to Decrease in 2022
Despite business confidence meaning US employers expect to increase salaries to pre-pandemic levels in 2022, employees’ real-terms salaries will decrease.
Hilton Reveals Travel Trends Changed with the Pandemic
Hilton has released a global trends report unpacking how the pandemic changed people and their travel planning and behavior.
Hilton Reveals Travel Trends Changed with the Pandemic Read More »
Economic Impact of U.S. – Mexico Border Closure
Non-essential travel across the land border between the US and Mexico remains restricted for 17 months and continues on the onset of the COVID-19 pandemic.
Canada’s Restaurant Count Declined by 5,000 Units
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%. According to a recent NPD Group report, independent
Canada’s Restaurant Count Declined by 5,000 Units Read More »
Premier League Club Revenues Disrupted
For the first time in the Premier League’s history, Premier League clubs recorded the largest aggregate pre-tax loss.
The Future of Regional Airports – 2021
With Intra-European air traffic down by 54% in 2020 compared to 2019 due to the pandemic, many regional airports have found themselves in serious economic difficulties.
Europe’s Hotels See Values Fall
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