Counting the social costs of tourism in the COVID-19 era, Booking-com to restructure business and ancillary revenues in the age of COVID-19.

Counting the social costs of tourism in the COVID-19 era
Friday, 14th August 2020

During the COVID-19 pandemic, tourism scholars and practitioners have directed their attention to local communities in tourist destinations, examining their safety and well-being and the costs that they bear due to tourism activities.

This ground-breaking study provides useful suggestions for recovery and stimulus measures during and after the COVID-19 pandemic. Although China’s tourism industry is gradually regaining momentum in some leisure destinations at weekends, this is not the case in major cities >>

Booking.com to restructure business and reduce workforce
14 Aug 2020 : The world’s dominant online travel agent, will restructure its business and shed 25% of staff by the end of this year due to the impact of COVID-19. Up 4500 staff could lose their jobs >>

Hyatt continues brand expansion in Canada
14 Aug 2020 : Hyatt Place Toronto/Mississauga Centre announced its official opening, expanding the Hyatt Place brand’s footprint globally in markets that matter most to guests and World of Hyatt members >>

ITB China to announce 'ITB China Industry MeetUp'
14 Aug 2020 : 3-months networking series, designed to reconnect with the chinese travel industry, seven stations to meet a total of 700+ Chinese travel professionals in different cities and Marriott International to become the Partner Hotel of all ITB China Industry MeetUp events in 2020 >>

HIGHLIGHT ARTICLE

Ancillary Revenues In The Age Of COVID-19: 6 Companies Paving The Way
Friday, 14th August 2020

So here we are, 12 years later, finding ourselves in the midst of a global pandemic, which by far is a much worse crisis than that of the late 2000s.

Unlike the last crisis, this one has proven an extremely costly affair for aviation, not just in the loss of revenue, but in making many substantial capital expenditure investments along with a vast increase in ongoing operating expenses >>

What Are The Emerging Trends for Business in 2020?
While approaches like remote working, sustainability initiatives and integration of technology could all be fundamentally altered by this global health crisis, it also presents opportunities for CRE teams and leadership to unlock potential and drive value >>

What Comes Next for the Luxury Market
While luxury brands have been able to limp along throughout the duration thanks to their online presence, the virtual global shutdown in affluent consumers’ lifestyles has given them idle time to reassess the priorities in their lives >>

In case you've missed it: Global eNews of August 13, 2020
Emirates and Etihad first to introduce Testing Before Travel (TBT), Rosewood 's KHOS debuts 2nd property and customer behaviour is changing post-COVID >>