U.S. must approve AstraZeneca vaccine to rescue transatlantic travel with UK

London, UK — The World Travel & Tourism Council (WTTC) is calling upon the U.S. government to urgently speed up approval of the UK’s AstraZeneca vaccine to help restore vital transatlantic travel. The Centre for Disease Control (CDC), the main health authority in the U.S., this week approved the Pfizer vaccine, however it still does […]

Host Continues Acquisitions Spree, Sees Opportunity For More Deals

Host Hotels & Resorts has been on an asset acquisition spree since the beginning of the year and doesn’t plan on stopping now. On the company’s second quarter earnings call, President and CEO James Risoleo said the real estate investment trust acquired two properties subsequent to quarter end. He said the first of those properties […]

Will Standardized Rentals Work For Business Travelers?

There are still so many unknowns about the recovery roadmap for corporate travel. COVID variants, vaccination debates, mask mandates and continued unease leave a cloud of uncertainty lingering for companies and individuals around the world. The greatest ambivalence relates to the near-term outlook, with more consensus that long-term – while the road will be uneven […]

Second Quarter Hotel Demand Growth Surprises Forecasters, But Roadblocks Remain

Hotel demand growth has outpaced expectations for this leisure-driven summer travel season, but that doesn’t mean the overall recovery is further along than anticipated, forecasting experts said at the Americas Lodging Investment Summit. During a session titled “The Numbers — What To Expect in 2021 & Beyond?” STR President Amanda Hite said second quarter demand […]

USA, EU and UK flight bookings surge by 95%

British Airways is adding thousands of extra seats on key routes to the UK from the USA and EU, following a huge increase in interest in travel to London since the UK Government announced that quarantine restrictions would be lifted for fully-vaccinated US and EU customers when travelling to the UK. Within a couple of […]

U.S. Travel Reacts To England Reopening Plan

WASHINGTON – U.S. Travel Association Executive Vice President of Public Affairs and Policy Tori Emerson Barnes issued the following statement on the news that England would soon begin welcoming fully vaccinated Americans: “British government leaders have made a wise decision in reopening England to vaccinated travelers from the United States. It’s time for U.S. leaders to […]

U.S. Travel Reacts To Travel Ban Announcement

WASHINGTON : U.S. Travel Association Executive Vice President of Public Affairs and Policy Tori Emerson Barnes issued the following statement on the Biden administration’s decision to uphold travel restrictions: “Covid variants are of concern, but closed borders have not prevented the Delta variant from entering the U.S. while vaccinations are proving incredibly durable to the […]

U.S. to Maintain Restrictions on Inbound Int’l Travelers

The United States is not ready to lift restrictions on international travel as the Covid-19 delta variant gains a bigger foothold around the world, White House press secretary Jen Psaki said in a press briefing on Monday. “Given where we are today, we will maintain existing travel restrictions at this point,” Psaki said. “The more […]

Hotels Face Reckoning Once Summer Leisure Season Ends

It’s the summer of the leisure traveler and while hotel occupancy remains below 2019 levels, average daily rate has surpassed its pre-pandemic levels in recent weeks as hoteliers take full advantage of pent-up demand. However, even as summer provides much-needed relief to the industry, operators remain wary of the post-Labor Day hospitality landscape. Transient demand […]

New Forecast Signals Long Road to Recovery for Business Travel

WASHINGTON – Lingering COVID restrictions and a patchwork approach to reopening across the country will prevent the economically crucial business travel segment from recovering until at least 2024, according to a Tourism Economics analysis released Tuesday by the U.S. Travel Association. Travel overall is by far the U.S. industry hardest hit by the ongoing fallout […]