Internationally-focused tourism businesses across Australia require clarity on continued Government support to plan for their recovery.
Baird/STR Hotel Stock Index rose 3.2% in April
Hotel stock prices increased in April, but they were relative underperformers on a monthly basis for the third time this year.
Mixed prospects for European summer
As Europe works to accelerate vaccination programmes over the coming months and control the spread of COVID-19, the expected easing of restrictions provides some hope for travel in summer 2021.
WTTC releases case studies on Sustainability Leadership in Travel & Tourism
The World Travel & Tourism Council and faculty and scientists of the Harvard T.H. Chan School of Public Health, released two vital case studies on Sustainability Leadership.
G20 ministers welcome UNWTO reccomendations for tourism’s ‘Green Transformation’
UNWTO has served as tourism’s global voice as the Tourism Ministers of the G20 nations met to devise a way forward for an inclusive, resilient, and sustainable recovery for the sector.
Hotel profit reaches 50% of 2019 level
Gross operating profit for U.S. hotels reached 50% of the comparable 2019 level, according to STR‘s March 2021 monthly P&L data release. …
ATEC welcomes Government programs to support industry
The Australian Tourism Export Council welcomed two new Government initiatives aimed at supporting the industry through the COVID crisis and beyond.
Travel and Franchise Industries Endorse ‘Save Hotel Jobs Act’
The U.S. Travel Association and the International Franchise Association voiced strong support for new legislation that would provide relief for hard-hit hotel workers until travel returns to pre-pandemic levels.
Culture and Heritage Tourism NGOs create global alliance
Two tourism bodies have signed an agreement to put culture, heritage and communities at the forefront of the post-Covid travel recovery.
The Islands of The Bahamas announces updated travel and entry protocols
The Government of The Bahamas announced updated public health measures and entry protocols for fully vaccinated travelers.
