Streamlined business and a surge in domestic bookings may help Airbnb survive, says data and analytics company, GlobalData, in a statement.The company says Airbnb could still be successful if it scale…
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Marriott CEO believes the worst is over
While Marriott International’s global revenue per available room (RevPAR) plummeted 90% in April, Marriott CEO Arne Sorenson said the company takes solace that “negative trends appear to h…
German tourism industry: domestic rush expected
For a long time, vacationing on balconies seemed like the only option due to the Coronavirus pandemic. But according to travel experts, tourism can restart once again soon, at least in Germany. A high…
Norwegian Cruise Line warns it may not survive downturn
Norwegian Cruise Line has seen its share price crash by a fifth after warning there is “substantial doubt” about its ability to continue operations.In a filing with the Securities & Ex…
Gruenert takes over as Oetker Collection chief executive
Timo Gruenert has taken up the role of chief executive with Oetker Collection.He replaces Frank Marrenbach, who announced his decision to leave in February this year.Gruenert began his career with the…
Back to the future: the post-covid-19 tourism trends
The severe impact of the coronavirus pandemic on the tourism industry is not a secret. Many however wonder what changes the situation will bring, what are the tourism trends for the post-COVID-19 era.…
World Routes headed to Milan in November
As some governments look to ease restrictions imposed by the Covid-19 pandemic over the coming months, the travel and tourism industry must now plan ahead for economic recovery.The industry accounts f…
Which? calls on CAA to do more in refund battle
Consumer organisation Which? has urged the Civil Aviation Authority to do more to force airlines to offer timely refunds for cancelled flights in the wake the coronavirus outbreak.The Competition &…
SAS to cut 5,000 jobs across Scandinavia in wake of Covid-19
Scandinavian Airlines has said it will cut as many as 5,000 jobs as it seeks to restructure for a post-Covid 19 world.The outbreak has removed most of the demand for air travel and thereby the commerc…
Covid-19 travel restrictions now universal says UNWTO
The Covid-19 pandemic has prompted all destinations worldwide to introduce restrictions on travel, research by the United Nations World Tourism Organisation has found.This represents the most severe r…