Within today’s challenging context, hotel brands and properties need to look for even more innovative approaches to win back their fair shares of direct bookings. Now is a good time to start developing creative and personalized marketing techniques to give that motivational boost to your potential guests, and to let […]
Recovery
Delta Air Lines Inc. DAL -3.28% offered cautious optimism that demand for travel is starting to return but said its losses were mounting, as the coronavirus pandemic looks likely to continue weighing on travel for years. “The virus has had a much broader impact over the course of the year […]
A refinery in Norco, Louisiana, U.S. Photographer: Luke Sharrett/Bloomberg Photographer: Luke Sharrett/Bloomberg The global network of tankers, pipelines and refineries that makes useful fuels out of crude oil is built on long-standing patterns of consumption: so much gasoline for the world’s drivers, a certain amount of diesel for trucks and a […]
Wuhan – HECTOR RETAMAL /AFP China’s economic recovery reached new heights as retail sales rose above 2019 levels last month for the first time this year. Shoppers’ enthusiasm pushed sales up by 0.5pc compared with August of last year, though this is not yet enough to make up for lost […]
Losing altitude: Virgin Atlantic is cutting back its flights (Matt Carter) UK travellers will have far fewer flights to choose from in the coming months and years, airline bosses have warned. Shay Weiss, chief executive of Virgin Atlantic, told the BBC’s Today programme that his airline plans to fly only […]
(Bloomberg) — Some slivers of light emerged for the car industry as the first week of earnings season wrapped up for European companies, while the benefits of working from home showed up in results from telecom-equipment company Ericsson AB. German car manufacturer Daimler AG said Friday it saw a gradual […]
The U.S. added a whopping 916,000 jobs and the unemployment rate fell to 6 percent in March as the recovery from the coronavirus recession chugged ahead, the Labor Department reported Friday. The March jobs report showed the U.S. economy picking up speed as COVID-19 vaccinations accelerated, restrictions eased and President BidenJoe […]
After a year of being cooped up at home during the Covid-19 pandemic, many Americans are taking a cue from the 2021 Rock and Roll Hall of Fame induction nominee The Go-Go’s. “Vacation, all I ever wanted. Vacation, had to get away.” People are hitting the roads and airports for […]
A global pandemic that fell disproportionately on low-income Americans is likely to lead to a recovery that will leave communities heavy on those same workers struggling to keep up. A new analysis of projected job growth over the next decade shows growth slowing over the next decade among workers in […]
Boston Public Schools Superintendent Brenda Cassellius revealed plans Wednesday to spend $1.3 billion on city schools next year, $36 million more than this year. Per pupil spending would rise to $23,500 from $22,000. Nearly half of the additional funds will pay for approximately 175 new social workers and family liaisons […]
MONTPELIER, Vt. (WFFF) – Gov. Phil Scott delivered his fifth budget address to Vermont lawmakers on Tuesday, pitching what he views as a balanced budget with bold investments in the economy, infrastructure and climate change. Gov. Scott said the $6.83 billion budget will help pave the way for pandemic recovery […]
The new Hunterdon Economic Recovery Task Force has worked with the Hunterdon County Chamber of Commerce Foundation to establish a Hunterdon Economic Recovery Fund. Recently, the Chamber Foundation has awarded six Small Business Recovery Grants through the Hunterdon Economic Recovery Fund. The Task Force was established this year as a […]
In a year that’s seen the lowest occupancy rates since the Great Depression, Marriott has found a way into travelers’ bathrooms, beds and closets thanks to branded products such as a plush Ritz-Carlton robe, pillows from the St. Regis, and a Westin white tea diffuser. In 2020, Marriott, the world’s […]
Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Bank of America analysts said in a note Wednesday that Alphabet stock will benefit more than online ad peer Facebook when the world starts recuperating […]
As some restrictions begin to lift with the easing of lockdown 2.0, there are a number of ways you can ensure you are in the best position possible now to maximise your revenues ready for when you can start to welcome guests back. 1. Data analysis: crunch the numbers Make […]
Airline passengers reconsidering their holiday plans can take advantage of new policies offered by most major airlines. MARTIN SYLVEST/Ritzau Scanpix/AFP/Getty A surge in COVID-19 cases across the US is encouraging would-be travelers to cancel their holiday flights. Four major US airlines have eliminated change and cancel fees permanently, while others […]
MARION, Iowa (KCRG) – Just steps from Marion’s City Square Park, where a branch still pokes through the tattered roof of the old railroad depot, damaged in the Aug. 10 derecho, chainsaws buzz new life into loss. Starting over the weekend through Friday, Nov. 20, artists are transforming trees felled […]
Loaning money to shopkeepers, landlords and hoteliers in places such as Times Square or SoHo used to be considered almost a sure thing. But that was before the contagion emptied New York City’s skyscrapers, hotels, apartment buildings and stores, leading the president of the United States to call it “a […]
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here. SINGAPORE, Nov. 09, 2020 (GLOBE NEWSWIRE) — Trip.com, a leading international online travel service provider, has partnered with international airline brands to bring more benefits to loyalty program members. Throughout the past year, Trip.com has entered into […]
Booking Holdings, the world’s largest online travel company, continues to feel the weight of the pandemic, warning investors Thursday (Nov. 5) that the outbreak’s current U.S. and European surge will make it very challenging to break even this year. But the company also said that it continues to innovate with […]
Few sectors have been hit harder by the coronavirus pandemic than travel thus far. Coming into its third-quarter report, its third update during the crisis, Trivago (NASDAQ:TRVG) investors may have been looking for signs of an inflection point, following a dismal second quarter. The stock popped briefly earlier this week after […]
TOKYO — Asian airlines are facing an unprecedented fall in demand amid the coronavirus pandemic, with the situation not expected to change anytime soon as most borders in the region remain closed or arrival quarantines remain in place. While carriers attempt to weather the storm by launching a series of […]