Getty Images You may not be stuck at home for much longer. People still want to get away, according to Tripadvisor, and more than 66% of travelers say they are already planning their next trip. Those journeys are likely to be short distance and will probably involve some outdoor activity. Almost half the Tripadvisor
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A police car is parked outside Tom Bradley Terminal at Los Angeles International Airport (LAX) during the outbreak of the novel coronavirus, which causes COVID-19, April 16, 2020, in Los Angeles. Valerie Macon | AFP | via Getty Images Los Angeles International Airport will start piloting thermal scanning of passengers on Tuesday, a trial that
ljubaphoto Travel insurer Seven Corners has started two new products tailored to vacations in the age of coronavirus: one policy specifically covers medical expenses incurred due to Covid-19 infection while traveling overseas, and another helps motorists as road trips replace flights and cruises as the preferred means of summer and fall travel. “Travel trends, in general,
Luca Frigeni, Owner & General Manager of SakeMate, a restaurant in Shanghai SakeMate Luca Frigeni, an Italian businessman living in Shanghai, finally fulfilled his dream late last year when he opened his own restaurant and lounge. But the coronavirus pandemic stalled that dream, as he entered “the most difficult” moment in his career. Business at
Paul Tambyah from the NUS Yong Loo Lin School of Medicine urges caution as Singapore eases more restrictions and before the start of elections. However, given the country’s recent progress in containing the spread of the coronavirus, he remains optimistic that the trade-dependent city will open up its international borders before the end of this
An Airbus SE A321-211 aircraft, operated by Delta Air Lines Inc., flies into San Diego International Airport (SAN) in San Diego, California, U.S., on Monday, April 27, 2020. Bing Guan | Bloomberg via Getty Images Delta Air Lines plans to continue adding flights throughout the summer but executives remain cautious about adding flights after the peak summer
An Airbnb on the island of Santorini, in Greece. Courtesy of Airbnb. Airbnb bookings are starting to grow again, thanks to pent-up travel demand. The company said that over the weekend of June 5–7, gross booking value grew in year-over-year terms for the first time since February, when the coronavirus began to devastate its business.
Founders: Brian Chesky (CEO), Joe Gebbia, Nathan BlecharczykLaunched: 2008Headquarters: San FranciscoFunding: $5 billionValuation: $18 billion (PitchBook)Industry: Hotels, travel, hospitalityPrevious appearances on Disruptor 50 List: 7 (No. 7 in 2019) George Kavallines Among the companies hardest hit by the coronavirus pandemic and its stranglehold on travel is Airbnb. In early May the company laid off 1,900 people, or about 25% of
A sign is posted in front of a Hertz car sales and rental car office on August 8, 2017 in South San Francisco, California. Getty Images Hertz Global Holdings warned potential buyers in its common stock offering that it’s almost certain that the equity will become worthless. Hertz said in a government filing Monday that
An Orange County Convention Center employee replaces a sanitizer station ahead of the center’s reopening in July 2020. Source: Orange County Convention Center Today it might be hard to imagine a mass, indoor gathering with thousands of attendees. Yet that is the bread and butter of the convention and events industry, which was brought a
Demonstrators raise their fists up in a celebratory dance party of civil rights and black culture as they gather at the Black Lives Matter Plaza, near the White House, during a protest against racial inequality in the aftermath of the death in Minneapolis police custody of George Floyd, in Washington, June 6, 2020. Jim Bourg
Muslim pilgrims wear masks at the Grand Mosque in Saudi Arabia’s holy city of Mecca on February 28, 2020. Saudi Arabia suspended visas for visits to Islam’s holiest sites for the “umrah” pilgrimage, an unprecedented move triggered by coronavirus fears that raises questions over the annual hajj. ABDEL GHANI BASHIR | AFP | Getty Images
Corporate travel is likely to come under pressure in the long term, and that could cause airlines to struggle with profitability, a managing director at Citi said this week. Still, he said it’s “not all bad news” for the industry, with signs of recovery on the leisure side and discounts being offered by manufacturers. The
An employees at the Delta Air Lines helps a customer at a nearly deserted Los Angeles International Airport on April 16, 2020 in Los Angeles, California. David McNew | Getty Images Thousands of U.S. airline employees are being forced to play a game of chance with their careers. Airline executives are urging employees — from flight
Travel stocks are heading north. Some cruise and hotel names have rebounded by triple-digit percentages from their 52-week lows as economies kick-start their post-Covid reopening plans. They include: Investors should approach this rebound in travel with caution, Boris Schlossberg, managing director of FX strategy at BK Asset Management, said Monday on CNBC’s “Trading Nation.” “The
British Airways, Easyjet and Ryanair have criticized the U.K. government’s decision to impose a mandatory 14-day quarantine on international travelers, describing it as “unfair” and “disproportionate.” U.K. nationals and international passengers traveling into the country from Monday — be it via airplane, ferry or train — will have to complete a form, prior to their
More than half of U.S. travelers planning to book trips will not insure their purchase, according to a survey of more than 1,200 Americans by ValuePenguin. That’s despite the near-shutdown of global tourism, the struggle to get refunds on canceled spring and summer travel plans, and lingering questions over how and when airlines, cruise lines,
An Airbus A330neo commercial passenger aircraft takes off in Colomiers near Toulouse, France, July 10, 2018. Regis Duvignau | Reuters For the second time in the last four months, Airbus has recorded zero orders for new airplanes. The European plane manufacturer recorded no new orders in May as the company adjusts to the harsh reality
American Airlines passenger planes crowd a runway where they are parked due to flight reductions at Tulsa International Airport in Tulsa, Oklahoma, U.S. March 23, 2020. Nick Oxford | Reuters Here are the companies making headlines in midday trading. American Airlines, United, Delta — Airline stocks rose as the companies announced plans to ramp up
Remember all the hype about so-called “immunity passports” getting the travel world back on track? Governments are still exploring whether certificates, wristbands or mobile apps could get those who have recovered from Covid-19 working and traveling again. But the notion that immunity passport holders would be able to travel the world carte blanche, going mask-free
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