Amid a new round of coronavirus-related economic closures and fresh data that Americans are as wary as ever of traveling, the devastated U.S. travel industry on Friday submitted to Congress and the administration its policy requests for the next coronavirus relief package.
U.S. hotel transactions down 74% due to COVID-19
Looking ahead, we expect transaction activity to eventually pick up, while pricing will continue to decline later in the year, as investors look to acquire distressed assets at a discount.
MeetEngland preparing to welcome back international business events
English destinations, venues and business event suppliers are preparing to welcome conferences and other business events from October.
56% travel buyers have revised their travel policy
As signs of recovery continue in the business travel sector, travel procurement professionals are prioritizing the health and safety of employees according to a new poll released today by the Global Business Travel Association.
Hopjump announces acquisition of travel brands
Hopjump has acquired SmarterTravel Media from Tripadvisor. SmarterTravel Media consists of eight travel-focused brands.
COVID-19 pushes airlines to explore ways to encourage seamless travel
Following the news that Etihad Airways has joined forces with Mediclinic for convenient home PCR testing in the United Arab Emirates (UAE).
Country-by-Country updates with the MICE industry
Compiling data from its global network of DMCs, GDP serves as the go-to resource for meeting and event planners operating in the New, and Ever-evolving, Normal.
How big hotel brands have stepped up their hygiene game
How can hotels prepare, and step up their hygiene protocols to make their establishment safe and trustworthy? What can smaller hotels and lodging providers learn from the best practices of other hotels who are leading the way?
Nights in and socially distanced activities now the new bach party reality
Half of couples reschedule their bach party plans as they embrace new reality amid pandemic; socially distant brewery and winery visits, casual dinners, at-home celebrations, and rental homes vs. hotel and resort accommodations are top of mind for couples.
Lack of high-spending US travelers will prolong economic recovery
As infection rates across the US surge, this invaluable source market is still a long way from recovery, which will only make matters worse for EU destinations that are major beneficiaries from US tourism, says GlobalData.
