Travel Industry News
UNWTO launches #TravelTomorrow campaign
The United Nations World Tourism Organisation has launched a new campaign in response to the Covid-19 pandemic, #TravelTomorrow. The phrase will become the common thread that runs through the response to the current crisis, highlighting the enduring values of tourism.
Etihad to roll-out medical testing in Abu Dhabi
Etihad Airways will partner with Australian company Elenium Automation to trial new technology which allows self-service devices at airports to be used to help identify travellers with medical conditions.
Airbnb wins new funding to battle Covid-19 downturn
Airbnb has secured $1 billion in additional funding as it seeks to weather a downturn in demand following the coronavirus pandemic. Demand has fallen by as much as 90 per cent in some markets as the world battles the outbreak.
Calls to block aviation bailouts on environmental grounds
Governments are asked to use the coronavirus crisis to embed social and environmental conditions, with enhanced protection for workers and a planned transition towards what the campaign group Stay Grounded calls “climate-just mobility”.
Saudi sovereign wealth fund takes Carnival Corporation stake
Carnival Corporation has seen a sharp rise in its share price following a decision by the Public Investment Fund of Saudi Arabia to take a significant stake in the company.
Bench Events launches Hospitality Tomorrow to global audience
More than 5,000 hospitality industry professionals have joined Hospitality Tomorrow, a free online summit, taking place today. The event will examine the impact of the Covid-19 crisis on the hospitality industry.
IATA postpones annual general meeting
The event, which was due to run alongside the World Air Transport Summit, had been scheduled to take place in Amsterdam in late June. New dates are expected to be confirmed in due course.
easyJet secures £600m in government funding
easyJet has issued £600 million of commercial paper through the Covid Corporate Financing Facility. The decision comes as the low-cost carrier seeks to maximise its liquidity in the wake of the coronavirus pandemic.
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Hurtigruten extends cruise suspension until mid-May
While the expedition cruise line has not yet had any confirmed or suspected cases on any ships, the decision was taken as countries around the world impose restrictions on movement.
ABTA seeks mass action to secure government support for tourism sector
Despite this, and the government promise to “do whatever it takes” to protect businesses and jobs, the travel industry is still waiting for action, the trade body has argued.
Seven Palm on track for late-2020 completion
United Arab Emirates-based upscale residential, hospitality and commercial property developer Seven Tides has said more than 27 per cent of the work on its prime property, Seven Palm, located on Palm Jumeirah in Dubai is now complete.
airBaltic cuts capacity by half over summer
As the coronavirus crisis continues, significantly affecting demand for air travel, airBaltic has further decrease its overall capacity between until the end of October. The Latvia-based airline will cancel approximately 50 per cent of its flights over the summer.