Revised projections show a worsening impact of the coronavirus on the U.S. economy: a loss of 5.9 million jobs by the end of April due to declining travel, according to data released Tuesday by the U.S. Travel Association and Tourism Economics.
Hotelbeds response to Coronavirus
Hotelbeds updates stakeholders on its top three priorities: protecting the health of employees, standing by commercial partners and ensuring business continuity.
Google and Facebook should help tourism in its hour of need
Urgent steps in tourism needed: Arival CEO Douglas Quinby says Google and Facebook should be flexible, take the long view and help their tourism advertisers try to survive the coronavirus crash.
GE CEO update on the challenge of COVID-19
GE Aviation is announcing several steps that, while painful, preserve our ability to adapt as the environment continues to evolve.
Unprecedented meeting addresses actions to safeguard tourism
Leaders from 11 travel industry associations meet to address Coronavirus and ways to protect small businesses.
Despegar.com withdraws 1Q20 guidance
Despegar.com, Corp, announced that management is withdrawing the first quarter 2020 guidance provided during its fourth-quarter 2019 earnings call that took place on March 5, 2020
U.S. hotel performance for February 2020
In its final month before feeling the impact of the COVID-19 pandemic, the U.S. hotel industry reported positive results in the three key performance metrics during February 2020, according to data from STR.
Asia Pacific hotel performance for February 2020
Reflecting the effects of the COVID-19 pandemic, hotels in the Asia Pacific region reported a significant decline in occupancy but fairly steady room rates during February 2020, according to data from STR.
Air ticket sales by US travel agencies fall 12% in February
Domestic trips rise 1%; international trips down 12% as Coronavirus unfurls.
UNWTO statement on Coronavirus
By staying home today, we can travel tomorrow. And traveling tomorrow will support jobs, celebrate culture and promote international friendship and understanding.
