Full recovery in U.S. hotel demand and room revenue remains unlikely until 2023 and 2024, respectively, according to the slightly downgraded STR and Tourism Economics forecast.
GBTA urges for enhanced transatlantic cooperation to restore safe travels
Harmonised health protocols and coordinated contact-tracing technologies can prevent further outbreaks.
40% of excess unemployment is in Leisure & Hospitality sector
Overall recovery will fail without a travel recovery and legislative action is urgently needed.
Latin America’s hotel construction pipeline shows continuing decline
Analysts at Lodging Econometrics state in the Q2’20 Latin America Hotel Construction Pipeline Trend Report, that the total construction pipeline is down 4% by projects and rooms, year-over-year.
STR and AirDNA release full analysis of hotels and short-term rentals
The hotel industry has made promising weekly gains in occupancy since its low point of the COVID-19 pandemic, while short-term rentals are nearing last year’s levels in revenue per available room.
Sri Lanka and Grenada received WTTC Safe Travels stamp for safety protocols
Popular holiday destinations Sri Lanka and Grenada, are among the latest destinations to begin using the world’s first ever global safety and hygiene stamp, launched recently by the World Travel & Tourism Council.
Travel community reacts to breakdown of Coronavirus relief talks
It is critical that leaders in Washington resume talks and move forward on much-needed coronavirus-related economic relief.
Electronic quarantine tags another necessary evil that will discourage travel plans
The electronic quarantine tag recently introduced in Singapore has the potential to rattle the number of international departures from the country, as it is yet another aspect that will elevate consumer angst and postpone recovery for neighboring Asian destinations, according to GlobalData
MENA Leisure Industry reopens
As the MENA region gradually works towards the reopening of its leisure and tourism sectors, the Middle East North Africa Leisure Attractions Council is assisting hoteliers to target Health and Safety and Customer Confidence in the current climate.
Hear from world-leading medical, epidemiology and public health experts
Top global scientists and health experts shared latest facts, science-based insights and best practices for living in a world with COVID-19.
