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Coronavirus will cost global tourism at least $1.2 trillion
The world’s tourism sector could lose at least $1.2 trillion, or 1.5% of the global gross domestic product (GDP), having been placed at a...
GBTA Poll Sees Renewed Levels of Optimism as Bookings Resumed
Higher levels of optimism in the business travel sector have started to appear according to new research issued today by the Global Business Travel...
STR: Europe hotel performance for April 2020
Reflecting the impact of the COVID-19 pandemic, Europe’s hotel industry reported unprecedented performance lows during April 2020, according to data from STR.
Euro constant currency, April...
Booking Reveals the Top Travel Dreams of a World in Waiting
According to Booking.com Bali, Andalusia, London, Florida and Paris - beach spots and city escapes are high among most wish-listed international destinations by global...
HVS: Paris Hotels will Experience Short-Term Pain but a Strong Recovery to Follow
Once the Paris hotel sector overcomes the initial period of recovery, the longer term, post-COVID-19 future looks promising, with the Olympic Games in 2024...
Hotels Count the Cost of COVID-19 Pandemic and Look to Remodel Business to Rebuild...
With much of Europe’s hotel sector still closed for business, the industry faces a huge challenge to rebuild consumer confidence once COVID-19 lockdown restrictions...
STR: Preliminary April data for London hotels
Reflecting the continued impact of the COVID-19 pandemic, April was London’s worst hotel performance month on record, according to preliminary data from STR.
Comparison with...
UNWTO: The 3 scenarios for international Tourism|International Tourist Numbers Could Fall 60-80% in 2020
The COVID-19 pandemic has caused a 22% fall in international tourist arrivals during the first quarter of 2020, the latest data from the World...
GBR: performance and outlook of the Greek hotel industry
GBR's newsletter provides a snapshot of the performance and outlook of the Greek hotel industry, within the broader context of the international hospitality industry...
STR: U.S. hotel profits fell 101.7% in March
U.S. hotel gross operating profit per available room fell 101.7% during March 2020, according to the first-ever monthly P&L data release from STR.
In a year-over-year comparison with...