Domestic markets could offer struggling tourism companies a lifeline
Domestic markets could offer struggling tourism companies a lifeline
80% of the respondents polled in a COVID-19 consumer survey claiming they are extremely or quite concerned about the ongoing coronavirus pandemic, a large proportion of the population is expected to also be apprehensive about traveling internationally – even when travel restrictions are lifted. Furthermore, 76% of respondents said they trusted products made in their […]
– eTurboNews | Trends | Travel News
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Macao Tourism cancels International Fireworks Display Contest due to COVID-19
Macao Tourism cancels International Fireworks Display Contest due to COVID-19
Due to the global spread of the Novel Coronavirus Pneumonia (COVID-19), after careful assessment and consideration, Macao Government Tourism Office (MGTO) announced its cancellation of the 31st Macao International Fireworks Display Contest originally slated to be held this September and October. Organized by MGTO, the Macao International Fireworks Display Contest (“the Contest”) invited outstanding fireworks […]
– eTurboNews | Trends | Travel News
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Airline debt to balloon by 28% to $550 billion by the end of year
Airline debt to balloon by 28% to $550 billion by the end of year
The International Air Transport Association (IATA) released analysis showing that the airline industry’s global debt could rise to $550 billion by year-end. That’s a $120 billion increase over debt levels at the start of 2020. $67 billion of the new debt is composed of government loans ($50 billion), deferred taxes ($5 billion) and loan guarantees ($12 […]
– eTurboNews | Trends | Travel News
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ARC: Air ticket sales by US travel agencies down almost 52%
ARC: Air ticket sales by US travel agencies down almost 52%
Airlines Reporting Corp. (ARC) today reported the following consolidated airline ticketing volume variances, compared to the same period in 2019. These totals represent sales generated by US travel agencies* and processed through the ARC settlement system. Data figures are for the seven days ending May 24, 2020. Tickets Issued for All Itineraries: […]
– eTurboNews | Trends | Travel News
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Summer holidays for Germans expand to 31 countries
Summer holidays for Germans expand to 31 countries
Germans rather don’t eat instead of not going on a holiday. Summer holidays are around the corner and Germany has travel warnings for its citizens in place even to other EU countries. In the history of the Federal Republic of Germany this never happened before. Warnings were reserved for war zones like Syria, but not […]
– eTurboNews | Trends | Travel News
http://dlvr.it/RXM0pq