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Coronavirus and Travel

Business Travel

Will Travel Advisors Be Last in Line for Bailouts?

Airlines, cruise ships, and hotels rely on travel advisors to book a lot of their business. A lobbying effort is afoot to make sure that thousands of these small businesses don't get left out of recovery measures.

Will Travel Advisors Be Last in Line for Bailouts?

Airlines

Will Government Support be Enough to Keep Norwegian Air Going?

It sounds generous, but Norwegian probably needs more help. As one analyst noted, getting creditors onboard in the current circumstances may prove impossible.

Will Government Support be Enough to Keep Norwegian Air Going?

Coronavirus

IHG Cuts $150 Million in Costs as Revenue Plummets

IHG has limited options at a time like this. With travel demand falling, it has to cut costs and hope that this will be enough to see it through the crisis.

IHG Cuts $150 Million in Costs as Revenue Plummets

Coronavirus

Don’t Discount the Resiliency of Asia’s Vital Travel Industry and Its Smaller Players

A greater appreciation of travel and its many segments could be a positive outcome of the coronavirus pandemic. But until the storm blows over, many small businesses in the Asian tourism industry are facing survival threats.

Don’t Discount the Resiliency of Asia’s Vital Travel Industry and Its Smaller Players

Airlines

Lufthansa CEO Sees His Airline Surviving Through Carnage to Come

The aviation industry is going to change dramatically over the coming weeks and months. Lufthansa thinks it is well-placed to ride this one out, but how many other airlines can say the same?

Lufthansa CEO Sees His Airline Surviving Through Carnage to Come

Coronavirus

Marriott CEO Sorenson Details Crisis Contingency Plans in Emotional Address

It's fairly certain that many Marriott International-affiliated properties will never reopen. CEO Arne Sorenson is showing leadership in being candid about the tough measures the hotel chain has to take to emerge with a business worth running when coronavirus hopefully fades.

Marriott CEO Sorenson Details Crisis Contingency Plans in Emotional Address

Tourism

Recession-Wracked Argentina Faces Tourism Hit on Top of Existing Weakness

Spare a thought for Argentina, whose woeful state finances make it ill-prepared to help the country's hotels, wineries, and famous cultural attractions during the tourism plunge and coming quarantine.

Online Travel

Lastminute.com Optimistic Bookings Will Start Returning by May

Given that we still don't know enough about the coronavirus, is this a case of overoptimism? Whatever happens, an online player like Lastminute.com is probably more resilient than asset-heavy travel companies.

Lastminute.com Optimistic Bookings Will Start Returning by May

Tourism

Tourism Marketers Enter Wait-and-See Mode to Avoid Tone-Deaf Campaigns

Tourism marketers can't run their campaigns as usual right now. But that doesn't mean they can't do anything. The challenge lies in finding the right tone — and the right timing.

Tourism Marketers Enter Wait-and-See Mode to Avoid Tone-Deaf Campaigns

Tourism

Trip.com Group Expects 50 Percent Drop in First Quarter Revenue But Sees Some Local China Recovery

To hear that signs of recovery are in sight from China’s biggest travel firm is offering the battered tourism industry a glimmer of hope.

Trip.com Group Expects 50 Percent Drop in First Quarter Revenue But Sees Some Local China Recovery