The RT Mission received the award for its innovative work on ‘Wok at Home Videos’ and storytelling audio and video series produced and presented by various Mission units in the state during the pandemic that has posed multiple challenges to the tourism sector
travel news
Posted inBusiness
‘Negative-Only’ flights elevate consumer confidence and increase tourism during holiday seasons, says GlobalData
Customers in India are postponing their travel plans as they are concerned about getting infected by the virus in the closed environment of an aircraft cabin. If airlines offer rapid antigen tests at the airport and ensure that only those who have tested negative are allowed to board, it will help in elevating the consumer confidence.
Posted inBusiness
Thomas Cook India & SOTC introduce Freedom Month
Thomas Cook India & SOTC’s Freedom Month comes with an array of attractively priced holidays and offers to favourite domestic destinations like Goa, Rajasthan, Madhya Pradesh, Kerala, Himachal, Uttarakhand, etc.; also Dubai and Maldives
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Posted inBusiness
International tourism plunges by 70% as travel restrictions impact all regions
UNWTO’s Panel of Experts foresees a rebound in international tourism in 2021, mostly in the third quarter of 2021. However, around 20% of experts suggest the rebound could occur only in 2022
Posted inBusiness
Coronavirus dampens German tourist inflow for long term
Based on the latest available data as of the beginning of October, Tourism Economics now expects the number of overnight stays to fall by 51.2 million to 38.1 million and a loss in tourism consumer spending of 18.7 billion euros
Posted inBusiness
Decline in revenue-passenger kilometer, high cash burn rate compel airlines to cut jobs, says GlobalData
Airlines across the globe are going through the most severe crisis that they have ever encountered. Compared to the impact of SARS on the aviation industry, the monetary impact of COVID-19 is expected to be 45-50 times higher
Posted inBusiness
WTTC to establish global Steering Committee to revive international travel
WTTC takes on global leadership and coordination role to provide a route to recovery for
Travel & Tourism sector
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Dubai launches unique virtual working programme for overseas professionals
The move offers remote workers – and their families – the opportunity to re-locate, on an annual basis, to one of the world’s leading tourism and business destinations
Posted inBusiness
Top Chinese airline companies show signs of recovery, says GlobalData
Shortly after the slight dip in the first quarter ended 31 March 2020 (Q1 2020), the top airline stocks in China have been on the rise, mainly on account of the Chinese borders opening, growing domestic demand as well as the rise of Yuan and declining oil prices
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South Korean aviation sector shows positive signs in Q2 but full recovery will take time, says GlobalData
Korean Air reported a year-on-year operating profit of KRW148.5bn in Q2 on account of surge in cargo sales. On annual basis, the pandemic affected the company’s revenue by 44%