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Travel's Reopening and Coronavirus Recovery

The latest news about coronavirus recovery around the world and the reopening of travel and tourism in destinations around the world.

Skift Research subscribers can view the latest data about country-by-country recovery at the Skift Recovery Index. Data about public companies can be viewed at the Skift Health Score.

Airlines

Spirit Airlines Is Betting on Its Recession-Resilient Low-Cost Model: Will It Work This Time?

Low-cost airlines have been able to have some success in previous downturns. Will history repeat itself for Spirit?

Korey Matthews, Skift | 4 years ago

Coronavirus

Private Equity Investor Blackstone Downplays Its Pain From Battered Hotels

Blackstone may not have a lot of exposure to the hotel industry today, but that doesn't mean the investment firm isn't on the hunt for distressed hospitality investment opportunities during the pandemic.

Cameron Sperance, Skift | 4 years ago

Airlines

United Execs Predict Airlines Will Only See Half the Demand Until a Vaccine Arrives

After revealing some rough earnings on Tuesday night, United is trying to weather the storm of the pandemic. But executives said it's going to be hard — really hard until a vaccine is widely available.

Korey Matthews, Skift | 4 years ago

Coronavirus

Hotel Union Unite Here Says Mask Mandates Aren’t Enough for Worker Safety

Unite Here's push to maintain housekeeping services on a daily basis at hotels could protect many jobs. But cash-strapped hotel owners may not have the finances to make it work until demand returns.

Cameron Sperance, Skift | 4 years ago

Coronavirus

U.S. Hotels Push Hard for Industry-Specific Relief Fund From Congress

Time is ticking for the U.S. hotel industry to convince Congress to deliver industry-specific aid similar to what the airline industry received. Continued high unemployment and suspended operations at hotels are why Washington should listen.

Cameron Sperance, Skift | 4 years ago

Coronavirus

IHG Bets on Ultra-Luxury Even in This Economy by Expanding Regent Hotels

IHG's commitment to expand the Regent brand to as many as 50 properties globally signals that the ultra-luxury sector, despite a catastrophic loss of business during the pandemic, is still seen as a durable place to invest.

Cameron Sperance, Skift | 4 years ago

Coronavirus

U.S. Travel Industry Delivers $23 Billion Aid Package Wish List to Congress

The U.S. Travel Association's requested federal aid package would deliver much-needed assistance across a spectrum of travel businesses. But if certain pockets of travel-related employment continue to rise, Washington's appetite to help the industry may shrink.

David Shepardson, Reuters | 4 years ago

Coronavirus

Navigating the Patchwork Recovery of the Asia-Pacific Hotel Business

Second waves of coronavirus will continue to dictate the staggered hotel recovery across the Asia-Pacific region. But the return of group business travel, even in a region that doesn't depend on it, will govern when pricing goes back to 2019 levels.

Cameron Sperance, Skift | 4 years ago

Airlines

Cathay Pacific Expects $1.3 Billion First-Half Loss Due to Pandemic

The airline promises to trim losses. But investors betting on the airline are betting on Hong Kong's future, too.

Jamie Freed, Reuters | 4 years ago

Coronavirus

Hotel Trade Group Calls for Mask Mandate on Guests — Finally

The U.S. hotel industry is pursuing what the U.S. government should have considered from day one of the pandemic: a comprehensive, national preventative measure against the spread of coronavirus.

Cameron Sperance, Skift | 4 years ago