LONDON, Oct 14 (Reuters) – Britain’s travel industry called on the government for an airport testing regime and more tailored support as it published figures showing how the pandemic has sapped demand for the overseas trips that are its lifeblood.
ABTA, the UK industry body representing 4,300 travel brands, said that between February and July 2020, which included the country’s three-month lockdown period, only 15% of 2,000 Britons surveyed took
Tuesday was an off day on Wall Street, as investors hit the pause button in what has been an amazing upward move for the overall stock market in recent weeks. Losses weren’t all that significant, with the Dow Jones Industrial Average (DJINDICES:^DJI) and S&P 500 (SNPINDEX:^GSPC) losing just enough to give bullish market participants the idea that indexes are setting up for another big push higher.
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Travel Destinations, established in 1996, is a specialist motorsport event accommodation solutions provider, including a breadth of historical races and club car tours. They provide the best accommodation solutions for their customers, delivering a variety of on-site camping and accommodation options.
As an official ticket agent of the 24 Hours of Le Mans and the only sports car tour operator to be a member of both ABTA and ATOL, they
Twenty-five total states and Puerto Rico are now on the Chicago travel quarantine order. The four new states added Tuesday were Indiana, North Carolina, Rhode Island and New Mexico.
The threshold for inclusion on the quarantine order list is an average of at least more than 15 new cases per 100,000.
Wisconsin also remains
LONDON–(BUSINESS WIRE)–Oct 13, 2020–
The luggage market size is poised to grow by USD 16.67 billion during 2020-2024, progressing at a CAGR of about 7% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the
Though the airline industry has taken a massive hit during the COVID-19 pandemic, Las Vegas-based Allegiant Air believes it is poised to weather the storm as well as any airline.
Allegiant Chief Financial Officer Greg Anderson said the industry won’t see a return to full passenger loads until there is a widely distributed coronavirus vaccine. But he said Allegiant’s business model sets it up to see less impact than the
Yet again, Delta Air Lines posted massive quarterly losses — and the company is warning investors “it may be two years or more” for air travel demand to return to normal.
© Christian Petersen/Getty Images
MARANA, ARIZONA – MAY 16: Decommissioned and suspended Delta and jetBlue commercial aircrafts are seen stored in Pinal Airpark on May 16, 2020 in Marana, Arizona. Pinal Airpark is the largest commercial aircraft storage facility
LONDON, Oct. 13, 2020 /PRNewswire/ — Motorsport Tickets, which is part of Motorsport Network, the digital market leader in motorsport and automotive with a 56 million-strong monthly audience of global racing and automotive fans, has acquired Travel Destinations Ltd, the UK’s leading tour operator for sports car and historical motorsport events. The announcement broadens Motorsport Tickets’ reach in tickets and travel business, accelerating a defined specialism within the motorsport
SCHAUMBURG, Ill., Oct. 12, 2020 /PRNewswire/ — Zurich North America is introducing an enhanced Business Travel Accident Insurance solution that can help employers protect their employees in a world facing increasingly complex risks, underscored by a year of COVID-19, civil unrest and record-setting wildfires.
Zurich’s next-generation business travel accident solution offers customizable coverages that include emergency overseas medical care, medical and security evacuation and repatriation, and travel inconvenience. The solution’s
JetBlue is partnering with at-home Covid-19 testing supplier Vault Health to give passengers access to testing prior to travel, the carrier announced.
Vault has created a landing webpage for JetBlue customers, at which they provide a JetBlue confirmation code and start the testing process at a discounted price. Vault provides a kit for an at-home saliva test, and users administrate it while on a video chat supervised by Vault to
Upside Business Travel continues making inroads into the TMC distribution channel, signing up Short’s Travel Management to sell a private-label version of Upside’s corporate travel booking platform. A pioneer among TMCs when it launched its own online booking tool in 2010, Short’s will sunset its Travel Management OBT and transfer clients to Upside’s platform.
Short’s was working to enhance the Travel Management tool as recently as April, when the TMC
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A prolonged slowdown in business travel is expected to weigh on
American Express
shares for some time, analysts say.
Analysts at Bank of America downgraded the shares of American Express (ticker: AXP), believing that it could take until 2024 for spending on airlines and hotels to return to pre-coronavirus pandemic levels.
The analysts’ findings were published alongside a separate report from the bank, which noted
This year’s hotel request-for-proposals season, currently underway, will be like no other, thanks to the Covid-19 pandemic’s effect on the industry and its resulting uncertainty. Still, the average 2021 U.S. corporate negotiated rate compared to 2020 will decrease 20 percent to 25 percent year over year, predicted industry expert Bjorn Hanson, adjunct professor at the New York University School of Professional Studies Jonathan M. Tisch Center of Hospitality, in his
Australian travel management company Corporate Travel Management has agreed to purchase U.S. TMC Travel & Transport for US$200.4 million, the companies announced late Monday. Radius Travel, the global travel agency network purchased in 2018 by Travel and Transport, is included in the deal.
The deal gives CTM, one of the largest TMCs in Australia, a larger presence in the United States than it has ever had. The companies’ joint 2019
Travel Weekly and TravelAge West recently announced that Jami Turner was selected to attend the seventh-annual Global Travel Marketplace (GTM) West, which took place virtually Sept. 20–21.
GTM is a two-day appointment-only event for travel advisors in the western states and provinces of North America and cruise, hotel, tour and destination suppliers seeking to conduct business face-to-face.
“A GTM advisor is one that recognizes the importance of business relationships and
Doha has been nominated in both leading business travel destination and sports tourism destination categories at the prestigious World Travel Awards (WTA) 2020.
A number of companies in Qatar’s travel, tourism and hospitality sectors have also been nominated in different categories of the awards which cover a broad spectrum including aviation, tourist attractions, hotels and resorts, meetings and events, travel agencies, tour operators and travel technology, among others.
Leading them
Travel and Expense Management Software Market
Allied Market Research published a new report, titled, ” Travel and Expense Management Software Market ” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps
Since STA Travel in South Africa ceased trading on 21 August, staff and customers have been left in limbo. Photo: James Stent
SINGAPORE – Cross-border travel for essential business and official purposes between Singapore and Indonesia is set to resume, with travel applications to start on 26 October.
In a statement on Monday (12 October), the Ministry of Foreign Affairs (MFA) said that negotiations between the governments of both countries on the establishment of a Reciprocal Green Lane (RGL) have concluded. The RGL will also be referred to by Indonesia as the
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The domestic market, especially involving millennials and Gen Z’s, have powered travel growth in recent years. Luxury properties, staycations, boutique hotels, wellness resorts, food experiences, and other getaway destinations have all enjoyed growing demand.
According to Mauro Gasparotti, director of Savills Hotels Asia Pacific, through suitable package pricing, Vietnamese hotels and resorts are well-placed to capture this local demand. “It’s also a good time for Vietnamese and expats alike
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