ADM Aéroports de Montréal aims to raise capital of $400 million ADM has set up an action plan over the upcoming 12 to 18 months ADM to use net proceeds to fund general corporate activities and its capital investment program COVID-19 pandemic and limited air travel will continue to have significant impact on ADM’s finances […]
In India, a COVID-19 variant has a prevalence of less than 10 percent while in Europe there are a few hundred cases. The variant has two known mutations, but for the first time, they are coexisting as a single strain. Countries are banning travel from India into their own nations as the “India” COVID variant […]
Hotels in Phuket as well as Pattaya are closing down again due to another COVID-19 surge in Thailand. A third wave of COVID-19 infections is coursing through Thailand. It is expected that with this shut down, hotel occupancy rates will remain in the single digits through May. The only hope for tourists and hotels is […]
This year’s China’s Labor Day domestic travel is down to three factors: the release of pent-up demand, control of COVID-19 and imaginative marketing This year’s Chinese domestic Labor Day travel is set to exceed pre-pandemic levels Fewer people will be travelling as part of a group this spring Outbound travel is still almost impossible for […]
Due to the slow pace of vaccination, the summer season is in danger, fears the airline association IATA which also adjusted its loss forecasts upwards. The airline umbrella organization IATA sees the lucrative summer business in danger. The sluggish pace of vaccination means travel restrictions cannot be expected to be lifted in time, fears […]
New partnership allows TAP’s customers to book high-speed train tickets in conjunction with their airfares in Europe TAP Air Portugal signs agreement with a provider of air-rail intermodal solutions New agreement expands airline’s network in Germany, Italy, UK, Switzerland, Austria, Holland, and Belgium TAP customers can book train tickets on high-speed trains, with rail companies […]
One in five Maltese people have already received the second COVID-19 vaccine dose on the island nation of Malta. Malta has been setting high standards in the administration of the COVID-19 vaccine, ever since its National Vaccination Program kicked off on December 27, 2020. People aged 40+ and 50+ are currently registering to receive the […]
Japan is a lovely place to visit, especially because of its friendly and welcoming locals. However, we understand that you might be a tad worried about unwittingly breaking some rules during your visit. After all, you cannot be fully aware of their customs and traditions. And, in many cases, that might lead to some incredibly […]
The world’s leading Tourism Ministers joined together to urge the public and private sectors to work together in partnership to save Travel & Tourism at the World Travel & Tourism Council (WTTC). WTTC research shows the impact of COVID-19 on the sector has been 18 times worse than the 2008 financial crash. Ministers agree that […]
Shanghai International Resort reports over 40 billion yuan in tourism revenue over 5 years Shanghai International Resort welcomed more than 83 million visitors since 2016 The resort recorded approximately 14.09 million tourists in 2020 The resort plans to hold about 150 events this year Shanghai International Resort reported that it has raked in over 40 billion […]