Covid-19 will change the flying experience for a long time, as people take precautions to avoid getting sick. But it'll also change flying for another reason. Airlines are taking on considerable debt, and they'll need to cut costs as they try to repay it, at least until revenues improve.
Regarding this particular shareholder proposal on increased transparency about political contributions, the stockholder who mattered the most was Barry Diller. But if the political winds in the U.S. are indeed changing, then corporations may find themselves under increased pressure to be transparent and to do the right thing.
Lots of urgent changes are needed in travel, and nothing more urgent than making it racially diverse. As an industry, we have fallen short, and tourism needs to reflect the diversity of the world of travelers it serves.
Who needs an elaborate cleaning partnership? If you're willing to pay for it, you can ensure social distancing throughout your summer vacation by booking a room (and every other room at the hotel).
Forget animatronic robots. But software that replaces repetitive tasks that white-collar workers do in back-offices, tracking devices that can alert when hand sanitizers are empty, and mobility scooters that drive themselves are some of the examples of automation that may be worthwhile.
There are a lot of unknowns when it comes to what the next six months of travel are going to look like. New research from Twenty31 helps to decode how U.S., UK, and Canadian travelers are thinking about their upcoming plans as the Covid-19 pandemic continues to be top of mind.
Destination marketers first faced the challenge of finding the right tone in the midst of a pandemic — now they have to figure out how to push their carefully calibrated messaging with drastically reduced resources.
The recovery for sightseeing, attractions, and experiences is still in early stages in Europe and North America. But it is happening faster than expected in some segments and countries.
In this tragic and topsy-turvy year, market conditions can change before the end of this sentence. As of this writing, Airbnb seemingly has a path to go public at a valuation that it can likely live with.