Industry Update
External Article11 November 2020

Travel companies cheer Pfizer COVID vaccine news as ‘welcomed step’ toward return in demand

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cnbc.com

Throughout the coronavirus pandemic, travel executives have been pinning their hopes on a Covid-19 vaccine saving their industry, which has suffered from the fallout of the health crisis.

Following news Monday of Pfizer's vaccine data showing more than 90% efficacy among participants without evidence of prior infection, CEOs from major cruise lines and hospitality operators cheered the breakthrough.

"TripAdvisor has long believed travel will recover with vigor as soon as a vaccine was widely available. Today's Pfizer news is a welcomed step in the right direction," Steve Kaufer, CEO of TripAdvisor, told CNBC in an email.

Read the full article at cnbc.com

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