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
The important role that tourism will play in the recovery of national economies and global trade.
UNWTO and the Asian Development Bank have launched a joint report on the use of big data for better tourism planning and management.
Despite business confidence meaning US employers expect to increase salaries to pre-pandemic levels in 2022, employees’ real-terms salaries will decrease.
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.
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%.
For the first time in the Premier League's history, Premier League clubs recorded the largest aggregate pre-tax loss.
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.
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
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 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.
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).
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%.
Airports Council International (ACI) World analysis has revealed the actual and predicted extent of the impact on the global airport business of the COVID-19 pandemic.
