ETC: European travel demand expected to be just 20% below pre-covid levels in 2022

Uncertainty brought about by the Omicron variant negatively impacted Europe’s travel and tourism sector at the end of Q4 2021, hampering prospects for its recovery in the first quarter of 2022. Nonetheless, optimism remains as the European Travel Commission (ETC) predicts tourist arrivals to be just 20% below pre-pandemic levels in 2022, in spite of […]

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WTTC: U.S. Travel & Tourism saw labor shortfall of almost 700,000 in 2021

A new analysis of staff shortages by the World Travel & Tourism Council (WTTC), which represents the global private Travel & Tourism sector, reveals the sector realized a U.S. labor shortfall of almost 700,000 workers during 2021. According to the report, the outlook for 2022 is only slightly more positive, with approximately 480,000 direct* U.S. Travel […]

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TUI Group full year report: Successful restart in summer and almost fully booked first winter quarter 2022

TUI has taken another step out of the crisis with an almost balanced fourth financial quarter of 2021. Due to the successful resumption of the tourism business, TUI is close to reaching break-even in terms of underlying EBIT at -97 million euros in Q4 2021. TUI Hotels & Resorts, an important and high earning division […]

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AirDNA: Holiday cheer ahead for Europe as demand, revenues continue recovery

Demand, measured by the number of listing nights stayed over the previous month, was just 8.3% below that of October 2019 (+48.9% over 2020). This is a substantial improvement from September, when demand was 25% lower than in 2019, and the highest percent change since the start of the pandemic, according to AirDNA. Average daily […]

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IATA: July passenger traffic boost, but well below pre-Covid levels

The International Air Transport Association (IATA) announced that both international and domestic travel demand showed significant momentum in July 2021 compared to June, but demand remained far below pre-pandemic levels. Extensive government-imposed travel restrictions continue to delay recovery in international markets. Because comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact […]

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IATA: June air travel recovery continues to disappoint

The International Air Transport Association (IATA) announced passenger demand performance for June 2021 showing a very slight improvement in both international and domestic air travel markets. Demand remains significantly below pre-COVID-19 levels owing to international travel restrictions. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise […]

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European Commission Slots Decision Out of Touch with Reality, Damages Sustainability and Industry Recovery

The International Air Transport Association (IATA) branded the European Commission’s (EC) decision to set the winter slot use threshold at 50% as “out of touch with reality,” and argued that the EC had ignored the advice and evidence presented by EU member states and the airline industry, which had made the case for a much […]

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ETC: Recovery of european tourism in sight this summer

European travel activity is set to build some momentum moving into the peak summer months due to the gradual easing of restrictions, the ramp-up in vaccinations, and the EU’s recent reopening to more third countries and fully vaccinated travellers from abroad. Travel demand is expected to pick up considerably in the second half of 2021, […]

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GlobalData: UK domestic tourism set for bumper summer

With travellers hesitant towards international travel, demand for domestic holidays in the UK looks set to be unleashed. The roadmap for lockdown easing is progressing at speed and UK-based domestic operators are set to benefit, says GlobalData, a leading data and analytics company. Gus Gardner, Associate Travel and Tourism Analyst at GlobalData, comments: “After months […]

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Varna soars as Antalya and Hurghada crash

Holiday bookings for Bulgaria are rising strongly while demand for Turkey and Egypt continues to crash, according to figures showing German holiday sales to major destination airports last month. Varna, the main airport serving Bulgaria’s Black Sea coast, had a 45% rise in package holiday bookings in March, monthly sales figures from leading German holiday […]

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