The post Qantas reveals shocking AUD 1 billion six-month loss appeared first on TD (Travel Daily Media) Travel Daily. As the COVID-19 pandemic left a terrible horror mark in the aviation industry and proved to be a fatal blow, Qantas has now posted an underlying loss of AUD 1.1 billion (USD 858 million) in the […]
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Since it was discovered that the UK was to introduce its own quarantine rules, various commentators spent the weeks speculating about the details and possible scenarios that British travelers might face. Yesterday, the government revealed the details about the UK’s system of quarantine – with the reality being that it is more expensive and tougher […]
STAAH has revealed the top online booking channels for 2020. Varying across the world’s top tourism destinations, the lists reveal the successes of both direct booking strategies for accommodation providers and the growth strategies of online travel agents. “It is clear that accommodation providers across the board are actively seeking to drive direct bookings, through greater knowledge and technology innovation […]
OAG has released The COVID-19 Recovery: Getting Passengers Back on Board, a new report on traveller confidence based on a global survey of over 4,000 users of its flightview travel app. Overall, fear levels over catching COVID-19 while flying are tepid, and most consumers are open to air travel. Key findings include: Sixty-nine percent intend […]
The number of destinations closed to international tourism has continued to fall. According to the eighth edition of the UNWTO Travel Restrictions Report, 70% of all global destinations have eased restrictions on travel introduced in response to the Covid-19 pandemic. In comparison, just one in four destinations continue to keep their borders completely closed to […]
Hotel investors spent $27.8 billion on property acquisitions and developments in the United States during 2014, according to the Hotel Transaction Almanac and the Hotel Development Almanac compiled by STR Analytics. During the year, $18.5 billion in hotels changed hands while another $9.3 billion in new hotel projects opened their doors. “Hotel real estate remains […]