U.S. hotel profitability fell back to levels seen during earlier months of the pandemic, and year-over-year declines worsened from the previous month, according to STR ‘s November monthly P&L data release. In a year-over-year comparison with November 2019, the industry reported the following: GOPPAR: -97.5% to US$2.13 TRevPAR: -73.5% to US$60.92 EBITDA PAR: -120.2% to […]
Continue Reading
Reflecting the impact of a second lockdown, Europe’s hotel industry reported much lower performance levels from the prior month, according to November 2020 data from STR. Euro constant currency, November 2020 (percentage change from October 2019) Occupancy: 21.3% (-70.4%) Average daily rate (ADR): EUR72.42 (-32.3%) Revenue per available room (RevPAR): EUR14.42 (-81.2%) Amid continued COVID-19 […]
Continue Reading
Despite coronavirus-related curbs existing around the globe, Brits are the most likely nationality in the world – alongside Singaporeans – to say travel restrictions are preventing them from travelling right now, new research from YouGov reveals. The data collected by YouGov’s Global Travel Profiles tool from across 25 countries, and almost 17,000 people, shows that two thirds (67%) of British people say that the current regulations are preventing them from travelling. This compares to 58% […]
Continue Reading
According to the latest tourism data from the World Tourism Organization (UNWTO), destinations welcomed 900 million fewer international tourists between January and October when compared with the same period of 2019. This translates into a loss of US$ 935 billion in export revenues from international tourism, more than 10 times the loss in 2009 under the impact of the global […]
Continue Reading
The World Travel & Tourism Council (WTTC) and major international industry bodies have joined forces to call for the immediate restoration of international travel using proven processes and without waiting for or requiring vaccinations. WTTC, which represents the global Travel & Tourism private sector, along with Airports Council International (ACI), the World Economic Forum (WEF), International Chamber of […]
Continue Reading
The European Travel Commission (ETC) has today welcomed the new Guidelines for COVID-19 testing and quarantine of air travellers from the European Centre for Disease Control (ECDC) and the European Union Aviation Safety Agency (EASA), which provide a clear pathway for EU governments to make informed decisions on travel measures during the COVID-19 pandemic. Based on the […]
Continue Reading
ABTA – The Travel Association has revealed six key trends that are shaping people’s travel plans for 2021, with two distinct types of traveller starting to emerge – those keen to return to familiar favourites, and those looking to indulge in bucket list trips. Booking trends and ABTA’s research suggest that, with overseas travel being […]
Continue Reading
ITB Berlin publishes new results of the second COVID-19 study of IPK international – Germans were very satisfied with their outbound travel experiences in times of Corona – Increase in travel intentions abroad for the next 12 months – Travel security remains a central topic For the second time this year and with the participation […]
Continue Reading
Safe Travel Barometer, the world’s most comprehensive database of COVID-19 health and safety protocols, and traveler experience initiatives announced by suppliers which influences traveler decisions in the new normal, today announces an update to its Safe Travel Score for more than 400 airports worldwide. The Safe Travel Score is an industry-first COVID-19 rating initiative, created in the wake of recovery from the […]
Continue Reading
A new surge in Covid-19 cases and the reintroduction of travel restrictions have halted European tourism recovery with international tourist arrivals to Europe down 68%[1] halfway through the year relative to 2019. That is according to the European Travel Commission’s (ETC) latest quarterly report “European Tourism: Trends & Prospects” for Q3 2020 which has been closely […]
Continue Reading