ForwardKeys: Flight bookings to the USA soar

New research from ForwardKeys, which has the freshest and most comprehensive air ticketing data available, reveals that flight bookings to the USA have soared following two announcements that the destination would reopen to vaccinated foreign travellers in November. By mid-October, weekly bookings exceeded 70% of pre-pandemic levels. The first announcement was made on 20th September, […]

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CDC Expands Negative COVID-19 Test Requirement to All Air Passengers Entering the United States

The Centers for Disease Control and Prevention (CDC) is expanding the requirement for a negative COVID-19 test to all air passengers entering the United States.  Testing before and after travel is a critical layer to slow the introduction and spread of COVID-19. This strategy is consistent with the current phase of the pandemic and more […]

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STR: U.S. hotel profitability worsened in November

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 […]

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Expedia: Same-State Stays, Road Trips and Flexibility Pave the Way to Recovery

Summer travel inarguably looks different this summer, and the latest report from Expedia sheds light on the emerging priorities and behaviors of Americans looking to get away. Leveraging search and demand data and a national poll of 1,000+ Americans, results from the report include: 85 percent of U.S. travelers are likely to take a road […]

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Lufthansa resumes service from Munich to the U.S.A.

Lufthansa resumes service from Munich to the U.S.A. For the first time since March 13, 2020, the airline will operate non-stop flights to and from Los Angeles and Munich. The milestone route will be flown with one of Lufthansa’s most modern, long-haul aircraft – the Airbus A350. Yesterday, the airline also deployed the same jet […]

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Wyndham Hotels & Resorts Launches New “Count on Us” Initiative to Build Confidence Among Guests and to Support Franchisees

Highlighting its continued commitment to hotel owners, team members and guests, Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,300 hotels across 90 countries, launched “Count on Us,” a new long-term, multi-faceted initiative to build confidence among guests and to support franchisees as it begins making preparations to welcome travelers back to […]

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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 March 2019, the industry posted the following: GOPPAR: -101.7% to US$-2.10 TRevPAR: -64.0% to US$104.93 EBIDTA PAR: -116.8% to US$-15.44 LPAR (Total Labor Costs): -31.2% to US$66.16 “Our first U.S. […]

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IATA: Passenger Demand Plunges in March as Travel Restrictions Take Hold

The International Air Transport Association (IATA) announced global passenger traffic results for March 2020 showing that demand (measured in total revenue passenger kilometers or RPKs) dived 52.9% compared to the year-ago period. This was the largest decline in recent history, reflecting the impact of government actions to slow the spread of COVID-19. In seasonally adjusted […]

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Research: Worldwide Hotel Performance | China is on the rise, Europe and USA remain 1st, and a “surprise” from India

MKG has issued a research about the Hotel Performance in early 2020.  The rise of Asian groups is a groundswell, driven by the boom in the number of hotels in the APAC region, which by 2019 will have become the world’s largest in terms of supply. Growth came from China It all started in China. […]

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