What will the future look like for travel after the abrupt standstill in early 2020? With vaccinations on the rise and infections on the decline in the US, a growing number of consumers are eager to get away. Many have the financial wherewithal, having been hunkered down at home for much of the past year, […]
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A replacement for ABTA’s Single Payment Scheme (SPS), developed by technology company Travel Ledger, is to launch late summer 2021 to ABTA Members. The scheme is ABTA’s direct debit system for allowing fast online payments between travel agents and tour operators. Transactions are consolidated by the payment scheme, so that each week only a single […]
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The Baird/STR Hotel Stock Index fell 11.7% in February to a level of 4,296. Year to date through the first two months of 2020, the stock index dropped 18.5%. “Hotel stocks fell off a cliff at the end of the month due to mounting COVID-19 concerns domestically, and the broader stock market correction has disproportionately […]
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