Opinion

North America’s tourism & leisure industry sees 45.4% drop in Q3 2020

North America’s tourism & leisure industry saw a drop of 45.4% in overall deal activity during Q3 2020, when compared to the four-quarter average. A total of 59 deals worth $5.51 billion were announced for the region during Q3 2020, against the last four-quarter average of 108 deals. Of all the deal types, M&A saw […]

– eTurboNews | Trends | Travel News Online
http://dlvr.it/RmLcQ0

Opinion

IATA: Deep airline industry losses continue into 2021

The International Air Transport Association (IATA) announced a revised outlook for airline industry performance in 2020 and 2021. Deep industry losses will continue into 2021, even though performance is expected to improve over the period of the forecast.   A net loss of $118.5 billion is expected for 2020 (deeper than the $84.3 billion forecast in […]

– eTurboNews | Trends | Travel News Online
http://dlvr.it/RmL72k

Opinion

Qatar Airways cuts number of miles needed for award flights by 49%

Qatar Airways Privilege Club has cut the number of Qmiles required to book award flights by up to 49% in a major development in its transformation to provide more and better rewards to its loyal members. Privilege Club’s Qmiles requirements will be reduced for award flight for all members travelling with Qatar Airways on connecting […]

– eTurboNews | Trends | Travel News Online
http://dlvr.it/RmL1y5

Opinion

8 Candidates for UNWTO Secretary-General Election

The World Tourism Organization (UNWTO) confirmed today in a “Note Verbale” that 8 applications from candidates competing for the post of UNWTO Secretary-General were received. The UNWTO Secretariat said that 6 applicants did not include the required documentation and, therefore, did not comply with procedures. That currently leaves this race to just two candidates: Ms. […]

– eTurboNews | Trends | Travel News Online
http://dlvr.it/RmJcXt