In late April, CLIA calculated that if the suspension of cruising continued for 60 days, the loss worldwide would total $21 billion in economic activity, 2,500 jobs per day and $7.3 billion in wages.N…
Travelport raises fresh liquidity to overcome Covid-19 downturn
Travelport Worldwide has secured access to US$1 billion in new financing as the company seeks to overcome a collapse in demand following the coronavirus pandemic.The cash comes in commitments for $500…
UK introduces 14-day quarantine for new arrivals
Arrivals into the UK will be expected to quarantine for two weeks from today, in a move that has caused anxiety in the hospitality sector.Travellers arriving by plane, ferry or train – including…
New senior role for Reeve at Intrepid Group
Intrepid Group has appointed Joanna Reeve to the role of head of industry and tailor-made sales for EMEA.Based between Suffolk and the tour operator’s European headquarters of London, Reeve has …
Classic Portfolio engages safari industry leaders
In its regular Tuesday Talks, strategic marketing company, Classic Portfolio, continues to engage industry experts on their responsibilities in the safari industry and its future in the post-COVID wor…
Where Are Travel Prices Headed? Get Ready for Twists and Turns
Domestic airfares around the world fell dramatically in May — on average. But, as with hotels, there are currently pockets of strength — and will be for months. Still, contrarian trends do…
Go NZ: How to stay safe in the outdoors on your New Zealand holiday
Remember that time we all had to stay at home because of a global pandemic?After weeks of hunkering down at home and overseas winter escapes now off the cards, many Kiwis are looking to head off the b…
With airline industry brought low, fraud still flying high
Despite historic declines in air ticket sales during the Covid-19 pandemic, credit card fraud on air purchases has remained steady, according to an analysis by the e-commerce fraud prevention company …
Stobart Group raises £100m in share offering
Stobart Group has raised £100 million in a share issue as the company seeks to pivot toward aviation.The group, which owns Southend Airport, said it requires additional liquidity to fund its sho…
Otas’ increased influence to grow even more in the post-coronavirus era
Booking platforms. Both a blessing and a curse. They charge high fees, require hotels to offer the best price guarantee and in some cases force them to sign contracts. But without the booking platform…