Tour operators feel confident business will begin to recover in the autumn of 2020, according to a survey.A study, via booking and payment platform WeTravel, shows tour operators have a third of trips rescheduled for some time between June and…
Expedia has unveiled plans to raise US$3.2 billion in new capital as international travel stalls in the midst of the coronavirus pandemic.The funds are comprised of an equity investment of US$1.2 billion by Apollo and Silver Lake, two private equity…
The Treasury Department has begun distributing payroll grants to U.S. airlines. The department said it paid out a total of $2.9 billion on Monday to 56 airlines.Some 230 airlines applied for the payroll assistance. Of those, the Treasury Department will…
joint research effort conducted by the MMGY Travel Intelligence and the Destinations International Foundation, which encompassed approximately 200 destination management organizations (DMOs), revealed that while 95% of destinations have reduced or postponed their marketing spending, 50% say they plan to…
Victory Cruise Lines canceled the remainder of the 2020 season for the Victory II, one of its two ships. Victory also extended the temporary suspension for operations for its other ship, Victory I, which is now scheduled to resume service…
Boeing will resume all commercial aircraft production in a phased approach at its Puget Sound-region facilities next week, after suspending operations last month in response to the coronavirus pandemic.At all of its sites, the company has taken extra precautions and…
Seabourn will extend a pause in its global operations to include departures through to the end of June.The brand had previously announced its five ships would not sail before May 14th, effectively cancelling all voyages scheduled to operate before then.The…
In a huge blow to Alaska tourism, Princess Cruises and Holland America Line canceled most of their Alaska sailings this summer and all of their land-based products.The two Carnival Corp. brands account for half of all cruise capacity in Alaska…
Air Canada is reconfiguring the cabins of three of its Boeing 777-300ER aircraft to give them additional cargo capacity.The first aircraft conversion is complete and is now in service, with the second and third aircraft to be completed shortly.“Bringing critical…
While the toughest part is still to come for the United States, the tourism industry is already thinking about the aftermath of the pandemic and anticipates a sharp drop in U.S. tourism revenues.U.S. President Donald Trump has stated that the…
