Future of business travel: Higher fares
New York – US-based corporate travel managers are bracing for hefty price tags in the “new normal” travel programme when business trips restart, while industry observers stress that the ecosystem and standardisation of services across the entire supply chain will … Continue reading Future of business travel: Higher fares
Majority of Incentive Travel Programs Are Postponed
Secaucus/NJ – A new study by the Incentive Research Foundation reveals that 61 percent of incentive trips originally planned for the first or second quarter of 2020 have been postponed until the third or fourth quarter of this year, delayed by the coronavirus pandemic. … Continue reading Majority of Incentive Travel Programs Are Postponed
Coronavirus travel restrictions around Europe
Paris – Much of Europe has closed its external borders to non-citizens – and within the continent’s borders, there are drastic restrictions and severely reduced traffic on major transport routes. Countries around the EU have adopted different sets of measures, … Continue reading Coronavirus travel restrictions around Europe
Travel Industry Seeking Federal Relief
New York – Decreased travel due to the coronavirus outbreak could equate to an $809 billion economic hit to the U.S. economy and the loss of 4.6 million travel-related jobs in this country by the end of April, according to an analysis prepared by Tourism … Continue reading Travel Industry Seeking Federal Relief
China: Outbound Travel Ban effects Asian Destinations
Bangkok/Tokyo – A huge dependence on Chinese tourists sees many Asian countries reeling from China’s move to cancel outbound group trips indefinitely, as part of measures to control the spread of the deadly coronavirus. Among them are Thailand and Japan. The … Continue reading China: Outbound Travel Ban effects Asian Destinations