Tourism

Alitalia: the Lufthansa hypothesis returns

From Delta Air Lines to EasyJet to Lufthansa Airline, interest in the procurement of Alitalia Airline has gone through several potential transformations since 2017. The struggling Italian airline must be sold, but to who? Solutions appear to be constantly evaluated and ever-changing. Will Lufthansa come out the winner by staying in the game? The Italian […]

Tourism

Chinese Travel and Tourism: Strong return

The Chinese people love to travel and shop, and that is making for strong tailwinds in the recovery of the tourism industry. What impact has the pandemic had on Chinese daily life, in particular the impact on travel behavior? China will see an increase of more than 200% in international departures in 2021, reaching approximately […]

Tourism

Royal Caribbean Group lost over $1 billion in Q4 2020

Royal Caribbean Group’s Q4 2020 revenue plummeted to $34.1 million as the COVID-19 pandemic kept cruise ships parked at ports COVID-19 pandemic brought the cruise industry to a virtual standstill Royal Caribbean’s total revenue for the fourth quarter plunged to $34.1 million from $2.52 billion last year Royal Caribbean said it expected to incur a net […]

Tourism

US reaches grim milestone with 500,000 COVID-19 deaths

US COVID-related deaths surpass 500,000 As many as 28,174,133 people have contracted COVID-19 in the US US President Joe Biden and Vice President Kamala Harris will hold a moment of silence to mark the tragic milestone Johns Hopkins University announced today that the United States reached a grim milestone, as the number of US COVID-19-related […]

Tourism

UK bans Boeing 777s with faulty engines from its airspace

Boeing 777 aircraft with Pratt & Whitney 4000-112 series engines are being banned from British airspace. Boeing B777 aircraft with Pratt & Whitney 4000-112 series engines temporarily banned from entering UK airspace All Nippon Airways and Japan Airlines have also grounded all Boeing 777 models with Pratt & Whitney PW4000 engine UK Civil Aviation Authority […]

Tourism

Hawaii hotels remain severely impacted by COVID-19

The monthly Hawaii Hotel Performance Report published by the Hawaii Tourism Authority shows the severe and continued effect of the coronavirus on hotels specifically and on tourism in general. 1.            All classes of Hawaii hotel properties statewide from luxury to midscale to economy reported RevPAR losses in January compared to a year ago. 2.            During […]

Tourism

Kunsthaus Zurich museum to unveil massive new extension in October 2021

The $230-million, environmentally pioneering project will make it the largest art museum in Switzerland The new Kunsthaus Zurich extension will breathe new life into the urban landscape Many of the facilities will be open to the public outside museum hours The grand opening will take place on October 9 and 10, 2021 The Kunsthaus Zurich, […]

Tourism

Air ticket sales by US travel agencies still almost nonexistent

US travel agencies report very low air ticket sales No signs of recovery for travel agency air ticket sales ARC report sharp decline in travel agency air ticket volumes Airlines Reporting Corp. (ARC) today reported the following consolidated airline ticketing volume variances, compared to the same period in 2019. These totals represent sales generated by […]

Tourism

Italian Ambassador killed in terror attack in Democratic Republic of Congo

Italy’s Ambassador to Congo, an Italian carabineri police officer and their local driver were killed today in an attack on a UN convoy in the Democratic Republic of the Congo The ambush occurred as the convoy was traveling from Goma, to visit a World Food Program school project in Rutshuru The ambush occurred on a […]

Tourism

Low-cost airlines will lead post-COVID-19 recovery

Frugal cost-cutting measures taken and operational responsiveness will see low-cost carriers move quickly to absorb pent-up demand and capitalize on any opportunities Low-cost carriers’ aggressive cost-cutting will give them an even larger cost advantage than pre-pandemic 87% of consumers are ‘extremely’, ‘quite’ or ‘slightly’ concerned about their personal finances, and low-cost carrier’s low fares are […]