Store closures were considered essential for many to simply stay afloat during 2020 and some have been made permanent
GlobalData
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Singapore-Hong Kong travel bubble key for Singapore Airlines, Cathay Pacific turnaround, says GlobalData
The travel bubble was originally scheduled for November 2020, but the plan was deferred after the sudden spike in the COVID-19 cases in Hong Kong
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Remote work mentions tripled in Hilton’s and Accor’s 2020 filings, says GlobalData
Around 31%* of consumers surveyed by GlobalData noted that they are continuing to work from home. In comparison to other chains, Hilton and Accor seem to be more focused on remote work solutions
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Digital passes to boost consumer confidence by enhancing efficiency, safety and data privacy, says GlobalData
IATA is also working on a ‘Travel Pass’.
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Increased privacy and flexibility to characterize lodging industry in 2021, says GlobalData
Hotels that cannot provide more secluded spots or offer increased booking flexibility could be at risk of losing out even further in 2021
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IPO most mentioned topic among influencer discussions around Airbnb on Twitter during H2 2020, finds GlobalData
An analysis of GlobalData’s Airbnb Influencer Platform revealed 250% surge in influencer conversations around IPO during H2 compared to the previous six months.
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Shifting traveler demands could provide an opportunity for airlines
Increased health and safety procedures will be at the forefront of customer expectations and it has been suggested that a new ‘Gen-C’ tourist will emerge from the pandemic. This tourist will not be defined by traditional demographics, but a need for reassurances around health and safety. Airlines that can tap into this market will be most likely to experience a stronger recovery than their competitors.
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GlobalData unveils insights on top travel and tourism influencers on Twitter during Q3 2020
Among trends, ‘hotel’ emerged as the most mentioned trend by travel and tourism influencers, followed by ‘destinations’ and ‘family-travel’ on Twitter
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China continues to top Asia-Pacific M&A deal activity during Q3 2020, finds GlobalData
Japan, Australia, India and South Korea were the other top four markets by deal volume