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
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 »
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
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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
7 Surprising Ways the Pandemic Has Changed Hotels Forever
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
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UNWTO: Tourist Arrivals Down 87% in January, Scenarios for 2021
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.
UNWTO: Tourist Arrivals Down 87% in January, Scenarios for 2021 Read More »
Covid-19 Sparks A Collapse in Italy’s Conference Tourism
The crisis sparked by the Covid-19 emergency has had a devastating impact on the conference and events industry.
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Travel & Tourism Sector’s Loss US$4.5 Trillion in 2020 due to COVID-19
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
Travel & Tourism Sector’s Loss US$4.5 Trillion in 2020 due to COVID-19 Read More »
Poland Increases Lockdown Measures, Polish Casino Closures
Century Casinos, Inc. announced that it will temporarily close its Polish casinos on March 19, 2021, through April 9, 2021.
Poland Increases Lockdown Measures, Polish Casino Closures Read More »