Articles tagged “Forecasts”

Airlines

Ryanair Doubles Annual Loss Forecast Due to Omicron Restrictions

Not only has the emergence of the Omicron variant killed any hopes major airlines had for ending 2021 on a high note, the widespread travel restrictions enacted in its wake are further pummeling a beleaguered industry.

Conor Humphries, Reuters | 5 months ago
Ryanair Doubles Annual Loss Forecast Due to Omicron Restrictions

Coronavirus

Airbnb’s Valuation Almost Halved to $18 Billion

Love it or hate it, you can hardly blame Airbnb for a deflated valuation, although not all of the plunge is coronavirus-related. The pain that is infecting travel and other companies at this moment is boundless.

Dennis Schaal, Skift | 2 years ago
Airbnb’s Valuation Almost Halved to $18 Billion

Coronavirus

Coronavirus Puts 50 Million Tourism Jobs at Risk: Report

The global coronavirus outbreak means millions of travel and tourism jobs are at risk, says the World Travel and Tourism Council (WTTC). Asia faces faces the most risk, with up to 30 million possible jobs affected, if demand dries up for two or three months.

Joan Faus, Reuters | 2 years ago
Coronavirus Puts 50 Million Tourism Jobs at Risk: Report

Airlines

What to Watch Out for in the 2020 Travel Economy: New Skift Research

We head into 2020 with more question marks than any year of this cycle. Risks are rising and the global economy is slowing. Here's what you need to know to be prepared.

Seth Borko, Skift Research | 2 years ago
What to Watch Out for in the 2020 Travel Economy: New Skift Research