Hawaii Hotel Occupancy Rate: What a Disaster
Hawaii Hotel Occupancy Rate: What a Disaster
In March 2020, Hawaii hotels statewide reported substantial declines in revenue per available room (RevPAR), average daily rate (ADR), and the Hawaii hotel occupancy rate compared to March 2019 as tourism began to be impacted significantly by the COVID-19 pandemic. According to the Hawaii Hotel Performance Report published by Hawaii Tourism Authority’s (HTA) Research Division, […]
– eTurboNews | Trends | Travel News
http://dlvr.it/RVnQnb
Emirates protecting and preparing its parked fleet to take to the skies again
Emirates protecting and preparing its parked fleet to take to the skies again
While the world yearns to travel once again, meet and hug loved ones, seek new adventures and close those business deals, Emirates is busy protecting and readying the world’s largest all wide-body fleet to take to the skies. This could have proved daunting, but Emirates Engineering, a division of the airline and one of the […]
– eTurboNews | Trends | Travel News
http://dlvr.it/RVmnRH
Hotel profits plunge amid COVID-19 rise in Europe
Hotel profits plunge amid COVID-19 rise in Europe
With cases in China starting to plateau, the World Health Organization (WHO) declared Europe to be the new epicenter of the coronavirus outbreak in March, fueled by the rapid expansion of the virus across Italy and Spain. This prompted governments across the region to scale up the measures to contain the spread, and several lockdown […]
– eTurboNews | Trends | Travel News
http://dlvr.it/RVmnLK
Can Travel and Tourism Rise again as Smart Destinations?
Can Travel and Tourism Rise again as Smart Destinations?
The global travel and tourism industry is experiencing a TOURISM MELTDOWN As a result of the COVID-19 pandemic hotels in the tourism-dependent regions like Hawai‘i hotels and attractions have closed, incoming passengers are quarantined, unemployment claims have skyrocketed, and daily passenger counts went from 30,000 plus to a few hundred. In a matter of weeks, […]
– eTurboNews | Trends | Travel News
http://dlvr.it/RVjtG5
Boeing cuts expenses to face long-term effects of COVID-19
Boeing cuts expenses to face long-term effects of COVID-19
Boeing’s results showed dire figures, especially for its Commercial Airplanes business. Boeing President and CEO David Calhoun pointed to the COVID-19 pandemic as the root of the company’s troubles. The fall in revenues for Commercial Aircrafts, declining from US$11,822bn to US$6,205bn year-on-year and featuring US$2bn in operating losses, could be foreseen from the recent succession […]
– eTurboNews | Trends | Travel News
http://dlvr.it/RVjqPl
Montserrat: Official COVID-19 Tourism Update
Montserrat: Official COVID-19 Tourism Update
The Government of Montserrat through the Ministry of Finance and Economic Management (MOFEM), is providing financial assistance for individuals and businesses in the tourism sector, as part of its fiscal stimulus package in response to COVID-19. This package, which offers direct financial support to employees in the tourism sector, will be for a period of […]
– eTurboNews | Trends | Travel News
http://dlvr.it/RVjjR1
IATA: Passenger demand plunges as travel restrictions take hold
IATA: Passenger demand plunges as travel restrictions take hold
The International Air Transport Association (IATA) announced global passenger traffic results for March 2020 showing that demand (measured in total revenue passenger kilometers or RPKs) dived 52.9% compared to the year-ago period. This was the largest decline in recent history, reflecting the impact of government actions to slow the spread of COVID-19. In seasonally adjusted […]
– eTurboNews | Trends | Travel News
http://dlvr.it/RVhmNj
70% of tour operators reschedule trips to October 2020 and beyond
70% of tour operators reschedule trips to October 2020 and beyond
The results of an industry outlook survey tracking the impact of COVID-19 in the travel industry were released today. The survey of 592 tour operators was conducted in early April 2020. 42% of the respondents are US-based companies. 59% of the respondents specialize in multi-day tours, while 41% offer day tours. Almost 90% of the […]
– eTurboNews | Trends | Travel News
http://dlvr.it/RVhfxD
Trinidad and Tobago Hotels Benefit from Government Assistance
Trinidad and Tobago Hotels Benefit from Government Assistance
The Trinidad and Tobago government is providing $50 million to hoteliers in Tobago to assist in the upgrade and refurbishment of their respective properties in preparation for the re-opening of their hotels post the COVID-19 coronavirus pandemic. The announcement was made as part of a comprehensive Statement on the Economic Effect and Financial Response to […]
– eTurboNews | Trends | Travel News
http://dlvr.it/RVf9cl
Cayman Islands: Official COVID-19 Tourism Update
Cayman Islands: Official COVID-19 Tourism Update
Starting the week on an optimistic note, Cayman Islands leaders welcomed the “no positive” results announced today and noted that if similar results continue during the rest of this week, limited easing of the Shelter in Place provisions are possible in the near future. This is the Cayman Islands official COVID-19 tourism update everyone has […]
– eTurboNews | Trends | Travel News
http://dlvr.it/RVf6yt