With leisure demand stronger than anticipated in the fall, STR and Tourism Economics slightly upgraded the final 2020 U.S. hotel forecast.
US set to lose 9.2M jobs
A staggering 9.2 million jobs could be lost in the U.S. Travel & Tourism sector in 2020 if barriers to global travel remain in place, WTTC revealed.
Second wave of COVID threatens European tourism recovery
A new surge in Covid-19 cases and the reintroduction of travel restrictions have halted European tourism recovery with international tourist arrivals to Europe down 68% halfway through the year relative to 2019.
U.S. hotel profit stuck in neutral; rest of world switches gears
Bouncing back to profitability is proving a Sisyphean task for U.S. hotels. The rest of the world is having a slightly easier path.
HBAA calls for ‘Re-Skill and Re-Equip’ fund
HBAA is writing to the Chancellor of the Exchequer asking him to create a ‘Re-Skill and Re-Equip’ fund to help many viable businesses across various industry sectors.
Long-Haul Travel Barometer 3/2020
Sentiment for long haul travel slowly picks up in major tourism markets, but confidence for trips to Europe stays low.
Baird/STR Hotel Stock Index mostly flat in October
Hotel stocks outperformed modestly in October despite heightened stock market volatility during the month.
UNWTO joins IMO to highlight importance of Cruise Tourism
In a joint statement issued, UNWTO and IMO highlight the importance of the cruise sector for the world economy.
UNWTO brings tourism sector together to plan for the future
The 42nd Plenary Session of the United Nations specialized agency’s Affiliate Members focused both on immediate priorities and on the longer-term task of sustainable development.
U.S. hotel results for week ending 31 October
U.S. weekly hotel occupancy was the lowest for any week since late June, according to the latest data from STR…
