Articles tagged “energy crisis”

Tourism

South Africa’s Tourism Industry Confronts Worsening Electricity Outage Crisis

South Africa's hospitality and tourism industries have had to source alternative energy proactively. There appears to be no end to the country's ongoing energy crisis that cuts travel business profit margins and puts its digital nomad destination appeal at risk.

South Africa’s Tourism Industry Confronts Worsening Electricity Outage Crisis

Tourism

Croatia’s Beachside Hotels Look to Solar Energy to Stay Open Longer

Building solar power plants is the only option left. There's investment needed, but schools and public institutions will also benefit from this new "energy-sustainable" mindset.

Croatia’s Beachside Hotels Look to Solar Energy to Stay Open Longer

Airlines

Airbus CEO Predicts Airlines Won’t See Global Traffic Recovery Until 2024

Guillaume Faury's forecast comes as the manufacturer outlined its own production targets in the face of supply chain constraints, which are being impacted by the war in Ukraine.

Airbus CEO Predicts Airlines Won’t See Global Traffic Recovery Until 2024

Tourism

Hungary Faces Tourism Slump as Energy Bills Force Famous Cave Baths Closure

The closure of the Miskolctapolca tourist hotspot will affect surrounding businesses, and is yet another reminder of how the war is negatively impacting the global economy.

Hungary Faces Tourism Slump as Energy Bills Force Famous Cave Baths Closure

Business Travel

Remote Work May Win New Advocates Over Rising Energy Costs for Offices

Coronavirus threw traditional work and travel patterns into disarray last winter, forcing people to stay at home. But this time around concerns over sky-high energy bills could push people into co-working spaces to keep costs down.

Remote Work May Win New Advocates Over Rising Energy Costs for Offices

Hotels

Europe’s Hotels Risk Lights Out in Energy Crisis Spawned by Ukraine War

European natural gas prices are roughly ten times higher than a year ago. Hotel owners may struggle to pass on to guests added costs for heat and lights, given that they've already been charging higher than average rates.

Europe’s Hotels Risk Lights Out in Energy Crisis Spawned by Ukraine War