More huge losses are looming for the airline industry as carriers brace for the COVID-19 crisis to extend well into 2021.
Global management consultancy Boston Consulting Group has pledged to cut its business travel-related carbon emissions at least 30 percent per full-time employee by the year 2025 from 2018 levels. The target is part of a commitment BCG announced in September 2020 to reach net-zero climate impact for the business by 2030 through carbon-reduction initiatives while investing in carbon-removal projects for the footprint that remains.
Minor International is a hospitality industry powerhouse. Based in Bangkok, Minor operates more than 530 hotels in 56 countries, with a large presence in Asia (where it operates chains across the region, including the Anantara luxury hotel brand), Europe (where it runs the NH chain of hotels), and Africa.
As Thanksgiving approaches, so do the traditional sales days of Black Friday and Cyber Monday. But this year, many businesses are stretching out their sales to start earlier and last longer, including many hotels.
Travel will begin to pick up in 2021 but the sector is not expected to fully recover from the impact of the coronavirus (Covid-19) crisis before 2025, according to a study of global tourism industry research company Phocuswright.
It would be easy to assume that 2020 couldn't get much worse for Glenn Fogel. In February, the boss of Booking Holdings was already scrambling to keep up with waves of cancellations. Millions were pulling their travel plans over fears of Covid-19, and the sector was bracing for a severe downturn as holidaymakers were told they would need to self-isolate.
One feature of post-COVID New York City just may be large, hulking, dark buildings, a legacy of the hotels that have or will have closed permanently due to an extreme revenue shortage brought about by lockdowns that deprived them of their clientele.
Italians are warm people but we have put aside, for a while, the handshakes and hugs that are our dearest habits. We are on the MSC Grandiosa, the major first cruise ship to depart since lockdown began in Europe.
It's a new era in hospitality, and hotels and resorts operating in a COVID-19 world will need to reevaluate the way they conduct business in order to survive. SevenRooms' latest report, entitled 'Beyond the Booking: Meeting & Exceeding Hotel Guest Expectations'—based upon a recent poll of U.
For travelers looking to book a flight or hotel room, Booking.com and Expedia.com look a lot alike. Yet the two fared very differently when the coronavirus pandemic shut down travel, thanks to different strategies behind their websites.