Articles tagged “recovery”

Mexico’s score increased to 100 index points, which indicates that the country’s travel industry has fully recovered to pre-pandemic levels. A momentous occasion, but a closer look shows that not all sectors are back to normal.

India's devastating second wave of the pandemic is arresting the pace of the travel recovery, at least for the short-term. It's too early to tell if the shrinking industry will be able to cater to the vast pent-up demand once Covid is under control.

An Airbnb pre-IPO stock split gives the company's potential public debut more momentum because its share price in theory would be lower. Of course, none of Airbnb's IPO paperwork is public yet so the particulars of the IPO are just guesswork for now.

There's no getting around it: The first half of 2020 has been grim for airlines. Hopes for a quick recovery have fizzled. Until the virus is contained or an effective vaccine or therapeutic is found, airlines will continue to struggle.

To find the paths out of this crisis, more and better data really is key. We have added more data points to better track the travel industry’s recovery, but it's not particularly good news.

The proverbial handwriting is on the wall for Airbnb, Facebook, Google, Tripadvisor, and Yelp, among others. The regulators are coming! The regulators are coming!

Booking Holdings may be calculating that partner memories aren't exceedingly long. On the other hand, with additional layoffs a possibility at flagship brand Booking.com, the parent company has its own problems to deal with.

Airbnb would have been eviscerated had it focused on a relief package for hosts that was primarily marketing credits. Expedia's recovery plan for partners isn't philanthropy, but although the company will likely take a revenue hit, it will benefit from increased partner engagement as the travel industry bounces back.

The LGBTQ travel community has historically been very resilient after downturns in travel. There are early indications that the bounce-back after the pandemic may show a similar dynamic.

Efforts to diversify markets, build new products, and raise service levels have been too slow. Hong Kong's tourism authorities finally see the light in these dark times.