Tourism

Slow Rebound Marks Cautious Optimism In Battered Travel Business
Slow Rebound Marks Cautious Optimism In Battered Travel Business
November 03, 2020  |  Travel Payments

The travel industry has been reporting a slow increase in demand that’s leading to a rebound in revenues, as well as the possibility of increased...

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Global Chains Snap Up Distressed Independent Hotels In Africa
Global Chains Snap Up Distressed Independent Hotels In Africa
October 19, 2020  |  Travel Payments

Despite the economic damage inflicted by the pandemic, hoteliers expect sub-Saharan Africa to remain a hot market for big-time lodging development, the Wall Street Journal...

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Travel Industry Sees Pent-up Demand Eclipsing Rising COVID Case Counts
Travel Industry Sees Pent-up Demand Eclipsing Rising COVID Case Counts
October 15, 2020  |  Travel Payments

Delta Air Lines and United Airlines both reported poor Q3 earnings this week, but they and many other travel companies think the worst of the...

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Hilton Times Square Closure Bruises NYC Tourism Rebound
Hilton Times Square Closure Bruises NYC Tourism Rebound
September 03, 2020  |  Travel Payments

It sounds so nice they had to name it twice: New York, New York. These days, however, America’s biggest and arguably most vibrant city —...

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Why Business Travel’s Wings May Be Clipped – Permanently
Why Business Travel’s Wings May Be Clipped – Permanently
August 21, 2020  |  Travel Payments

For airlines, looking toward the future leads to a longing for the past. And though 2019 was, well, not all that long ago, it seems...

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Las Vegas Not Near Normal As Casinos Curtail Offerings
Las Vegas Not Near Normal As Casinos Curtail Offerings
July 23, 2020  |  Economy

In a sign that the Las Vegas Strip is not near its usual level of operations, Wynn Resorts Ltd. is positioned to put staffers on...

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US Air Travel Sinks 4 Pct Amid Rising Infections, Quarantines
US Air Travel Sinks 4 Pct Amid Rising Infections, Quarantines
July 20, 2020  |  Travel Payments

The already sluggish recovery in air travel hit some turbulence over the past week. The number of travelers passing through airport security checkpoints across the...

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Southern Europe Is Open But Tourists Are Few
Southern Europe Is Open But Tourists Are Few
July 19, 2020  |  Europe

Despite government incentives, travel bookings are down in Italy, The New York Times reported. While tourism is returning to southern Europe from Portugal to Greece,...

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How One Startup Is Reinventing Travel Insurance For The Post-Pandemic World
How One Startup Is Reinventing Travel Insurance For The Post-Pandemic World
July 16, 2020  |  Travel Payments

Admittedly, it might seem like a strange time to be launching an innovative travel insurance product given how much the tourism industry has contracted in...

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