Tourism

Commerce Takes Hit From Coronavirus With Travel, Supply Chain Impacts
Commerce Takes Hit From Coronavirus With Travel, Supply Chain Impacts
March 08, 2020  |  Coronavirus

Businesses and industries throughout the world are bracing for the economic impacts of the coronavirus as it disrupts supply chains, events and travel. The airline...

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Big Fizzle: Airport Retailers Reel As Coronavirus Spreads
Big Fizzle: Airport Retailers Reel As Coronavirus Spreads
March 06, 2020  |  Sizzle/Fizzle

The real estate industry lives and dies by the mantra “location, location, location.” The same could be same for retail, where foot traffic is key,...

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Today In Payments: Ant Financial Acquires Stake In Klarna; Coronavirus Crippling $1.7T Tourism Sector
Today In Payments: Ant Financial Acquires Stake In Klarna; Coronavirus Crippling $1.7T Tourism Sector
March 04, 2020  |  News

In today’s top payments news, Ant Financial has acquired a minority stake in FinTech Klarna, the coronavirus has crippled the $1.7 trillion global tourism industry,...

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Coronavirus Crippling $1.7T Tourism Sector
Coronavirus Crippling $1.7T Tourism Sector
March 04, 2020  |  Travel Payments

The coronavirus outbreak is crippling the $1.7 trillion tourism industry, the biggest setback for the travel sector in almost 20 years, according to reports on...

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Virus Expected To Have Long-Term Impact On Travel, X-Border Payments
Virus Expected To Have Long-Term Impact On Travel, X-Border Payments
March 01, 2020  |  International

The number of companies and events impacted by the coronavirus’ mass spread now includes the annual Game Developers Conference. The event, originally scheduled for March...

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Mastercard Warns Coronavirus Hit To Revenue In Q1
Mastercard Warns Coronavirus Hit To Revenue In Q1
February 25, 2020  |  Mastercard

Mastercard said in a statement Monday (Feb. 24) that the coronavirus outbreak could hurt its revenues this year and that caused the company’s shares to...

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Coronavirus Cases Climb; Dow Sinks Along With Mortgage Rates 
Coronavirus Cases Climb; Dow Sinks Along With Mortgage Rates 
February 24, 2020  |  International

As the Coronavirus spreads beyond the borders of Asia, its effects are casting a widening shadow that is being felt in just about every industry,...

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Coronavirus Ripple Effect: Cross-Border Tourism, Retail Sales and Supply Chains Down
Coronavirus Ripple Effect: Cross-Border Tourism, Retail Sales and Supply Chains Down
February 24, 2020  |  International

Not all black swan events are created equally, at least when it comes to certain business verticals. Amid the plunging stock markets, and speculation about...

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Goldman Sachs Warns Of Market Drop Due To Outbreak
Goldman Sachs Warns Of Market Drop Due To Outbreak
February 20, 2020  |  International

Despite high levels of U.S. and European stocks, Goldman Sachs warns that the coronavirus’ impact could bring it all toppling down, according to the Financial...

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