LATEST ARTICLES
WTTC: More than six million jobs at risk in the EU and one million...
Gloria Guevara, President & CEO of the World Travel & Tourism Council (WTTC), has urged EU authorities and the UK Government to implement flexibility...
Accor: Financial Impact from COVID-19 | Mitigation measures and All Heartist Fund
Accor reports that over the past three weeks, the crisis has severely deepened with over half the worldwide population either confined and/or under lock-down....
IATA: Passenger Demand Plunges on COVID-19 Travel Restrictions
The International Air Transport Association (IATA) announced global passenger traffic data for February 2020 showing that demand (measured in total revenue passenger kilometers or...
TUIfly is the first german airline to publish the summer flight schedule for 2021
TUIfly is the first German airline to announce its flight schedule for the 2021 summer season. The offer includes around 4.5 million seats, more than...
STR: Mainland China hotel industry shows early signs of performance recovery
Mainland China’s daily hotel occupancy reached an absolute level of 31.8% on 28 March, up from a low of 7.4% during the first week...
TUI Germany: Book your summer vacation 2021 now
TUI Germany is now releasing its summer 2021 program for booking in the systems. Over 100 hotels of the TUI hotel brands and concepts as well...
Lufthansa agrees on short-time work
Lufthansa has signed agreements with its works council and trade unions to introduce short-time working for cabin and ground staff in Frankfurt and Munich....
IATA: Air Cargo Demand Slumps in February as COVID-19 Takes Hold
The International Air Transport Association (IATA) released February 2020 data for global air freight markets showing that demand, measured in cargo tonne kilometers (CTKs*),...
Jet2Holidays’ operations will not re-commence until 17th of June
Jet2Holidays has taken the decision that it would be sensible not to plan for operations to re-commence until 17th of June.
If airspace opens...
Marriott International: Possible theft of guest’s data
Marriott International is informing its guests about the possibility that their information may have been accessed without authorization.
Hotels operated and franchised under Marriott's brands use...
UNWTO has released a set of recommendations calling for urgent and strong support to...
The World Tourism Organization (UNWTO) has released a set of recommendations calling for urgent and strong support to help the global tourism sector not...
IATA: Airlines Facing Rapid Cash Burn
The International Air Transport Association (IATA) published a new analysis showing that airlines may burn through $61 billion of their cash reserves during the...
STR: U.S. hotel RevPAR forecasted to drop 50.6% for 2020
Due to the impact from the COVID-19 pandemic, the U.S. hotel industry is projected to report a 50.6% decline in revenue per available room...
SINGAPORE AIRLINES to issue S$5.3 billion in new equity
Singapore Airlines Limited will offer all shareholders S$5.3 billion in new equity and up to a further S$9.7 billion1 through a 10-year Mandatory Convertible...
RYANAIR: Limited schedule extended
As most EU countries have imposed flight bans or other restrictions, over 90% of Ryanair’s aircraft are grounded for the coming weeks.
The carrier will...
TUI AG: German Federal Government approves KfW bridge loan of 1.8 billion euros
TUI AG today received the approval of the German government for a bridging loan of 1.8 billion euros from the KfW.
The funds of Germany’s...
UNWTO: International Tourism Arrivals could fall by 20-30% in 2020
The World Tourism Organization (UNWTO) has released its updated assessment of the likely impact of the COVID-19 on international tourism. Taking into account the...
COVID-19: European Parliament approves crucial EU support measures
As part of the EU’s joint response to the COVID-19 outbreak, the European Parliament almost unanimously adopted three urgent proposals in an extraordinary plenary...
IATA Welcomes EC Efforts to Keep Air Cargo Flowing
IATA welcomed the European Commission’s (EC) Guidelines on Facilitating Air Cargo Operations During COVID-19 Outbreak.
Ensuring smooth air cargo shipments is crucial. With the evaporation of...
WTTC Implores G20 to take immediate action in order to save the tourism sector
World tourism leaders have been urged by WTTC to execute crucial measures to save the Travel & Tourism sector, ahead of a special meeting of...