Financial instability hits travel firms with ‘double squeeze’
2 years, 2 months ago

Financial instability hits travel firms with ‘double squeeze’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “And, of course, many travel businesses have come out of the pandemic with less financial headroom than they went into it, so increased borrowing at higher costs is not an option.” But Mr Tanzer said new research suggests demand for foreign travel is increasing despite cost-of-living pressures. We now face an uncertain year ahead Mark Tanzer, Abta Abta calculated that the poll suggests overseas travel for the 12 months to the end of August was at 70% of pre-pandemic levels. Mr Tanzer said: “The lifting of the UK’s travel rules this year unleashed a surge in overseas holidays. “We now face an uncertain year ahead given the cost-of-living challenges, but Abta’s research suggests that we should continue to see an increase in foreign holidays next year and, encouragingly, many of our members have also been reporting a high level of demand for bookings.”

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History of this topic

Could the UK impose new Covid travel restrictions?
2 years ago

Could the UK impose new Covid travel restrictions?

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Pre-departure testing and the requirement to show a negative test result has been shown to decrease the number of infected …

Business leaders call for rates relief or VAT cut to ease pain of Plan B
3 years ago

Business leaders call for rates relief or VAT cut to ease pain of Plan B

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Business leaders have called on …

UK hotels won’t return to pre-pandemic trading levels until 2023, figures indicate
3 years, 2 months ago

UK hotels won’t return to pre-pandemic trading levels until 2023, figures indicate

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Despite signs of recovery in the travel industry, new figures forecast that UK hotels won’t be …

Business travelers, expect more Zooms and few trips this fall
3 years, 4 months ago

Business travelers, expect more Zooms and few trips this fall

Live Mint  

The return to work isn’t happening as expected this fall. Business travel isn’t all salespeople on the road meeting with clients and pursuing new ones, or people attending conventions and trade shows. HRS Group, a London-based business travel company that helps big companies negotiate discounts at hotels, says it believes business travel next year will be down 30% compared with …

Government to cut coronavirus lifeline for businesses on October 1
3 years, 4 months ago

Government to cut coronavirus lifeline for businesses on October 1

Dutch News  

The government has confirmed that financial support for businesses hit by coronavirus restrictions will end on October 1. ‘It’s unacceptable and inexplicable that the restrictions are continuing but the support is stopping,’ said chairman Robèr Willemsen. ‘Companies have no reserves and a mountain of debt.’ Travel trade body ANVR said its 800 members were still severely limited by testing regimes …

Government to cut coronavirus lifeline for businesses on October 1
3 years, 4 months ago

Government to cut coronavirus lifeline for businesses on October 1

Dutch News  

The government has confirmed that financial support for businesses hit by coronavirus restrictions will end on October 1. ‘It’s unacceptable and inexplicable that the restrictions are continuing but the support is stopping,’ said chairman Robèr Willemsen. ‘Companies have no reserves and a mountain of debt.’ Travel trade body ANVR said its 800 members were still severely limited by testing regimes …

UK FM Sunak writes to PM Johnson to ease COVID travel curbs: Report
3 years, 5 months ago

UK FM Sunak writes to PM Johnson to ease COVID travel curbs: Report

The Hindu  

The UK Chancellor of the Exchequer Rishi Sunak has reportedly written to Prime Minister Boris Johnson, calling for an urgent easing of COVID-19 travel curbs to aid the revival of the country's economy. According to ‘ The Sunday Times ’, the senior Indian-origin Cabinet minister has warned that Britain’s border rules are damaging the economy and tourism, ahead of a …

Britain airlines, holiday companies ramp up pressure on UK to ease travel rules
3 years, 6 months ago

Britain airlines, holiday companies ramp up pressure on UK to ease travel rules

Hindustan Times  

Britain's airlines and holiday companies are planning a "day of action" on Wednesday to ramp up pressure on the government to ease travel restrictions, with just weeks to go before the start of the peak summer season. As the clock ticks down to July, Europe's biggest airline Ryanair and Manchester Airports Group on Thursday launched legal action to try to …

Big majority of Britons ‘worried’ about Boris Johnson’s plan to lift all Covid restrictions, poll reveals
3 years, 7 months ago

Big majority of Britons ‘worried’ about Boris Johnson’s plan to lift all Covid restrictions, poll reveals

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A large majority of Britons are “worried” about Boris Johnson’s plan …

Delaying end of Covid restrictions would have ‘devastating’ impact on hospitality businesses
3 years, 7 months ago

Delaying end of Covid restrictions would have ‘devastating’ impact on hospitality businesses

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Government gamble on working from home risks creating a two-tier Britain
3 years, 7 months ago

Government gamble on working from home risks creating a two-tier Britain

The Telegraph  

When the Government this week set out its plans to move to the next stage of lockdown release, it was clear that a critical shift in its pandemic response had occurred. Far from expecting commuters to return to their desks, as had happened at the end of the last two lockdowns, government experts are now gambling on the fact that …

Covid lockdown England: Huge surge in summer 'staycation' bookings
3 years, 10 months ago

Covid lockdown England: Huge surge in summer 'staycation' bookings

Daily Mail  

Campsites and holiday lets across Britain saw a surge in bookings as Boris Johnson mapped out his roadmap out of lockdown last night, with some rentals selling out within minutes. By the end of Monday, bookings for Cool Camping sites were up by some 1,500% on the same day last year Habitat Escapes, which offers luxury holiday in the Cotswolds …

Ease travel rules to rescue inbound tourism, airlines demand
3 years, 10 months ago

Ease travel rules to rescue inbound tourism, airlines demand

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “As long as quarantine is in place, borders are almost shut.” Jonathan Hinkles, chief executive of Loganair, said: “Restrictions today …

Britain Tightens Travel Restrictions With Hotel Quarantine and 10-Year Prison Threat
3 years, 10 months ago

Britain Tightens Travel Restrictions With Hotel Quarantine and 10-Year Prison Threat

News 18  

Britain said it would bring in tighter border controls next week against new variants of the coronavirus, requiring hotel quarantine for arrivals and threatening rule-breakers with up to 10 years in jail and fines. Under lockdown rules, holidays are banned, and testing regimes and quarantine are already in place for travellers, but the government said on Tuesday it would bring …

Covid-19’s blow to business travel is expected to last for years
3 years, 11 months ago

Covid-19’s blow to business travel is expected to last for years

Live Mint  

The coronavirus pandemic delivered a lingering, and possibly permanent, hit to business travel that is likely to weigh on employment and economic growth in some communities for years. Domestic and international business travelers in the U.S. directly spent $334.2 billion in 2019, supporting 2.5 million jobs, according to the U.S. Travel Association. Delta Air Lines Inc. Chief Executive Ed Bastian …

UK economy could be 6% smaller than forecast due to tighter Covid restrictions
4 years ago

UK economy could be 6% smaller than forecast due to tighter Covid restrictions

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK economy could be 6 per cent smaller if …

Lockdown or a drip feed of Covid restrictions? One path is better for the economy
4 years, 2 months ago

Lockdown or a drip feed of Covid restrictions? One path is better for the economy

CNN  

London CNN Business — Governments across Europe are choosing between two vastly different strategies as a second wave of Covid-19 arrives in force. Robert Jenrick, the UK housing minister, told the BBC on Tuesday that Johnson’s government had “to balance protecting people’s lives,” with keeping people in education and employment. “No options are to be excluded considering the situation we …

‘Catastrophic impact’: UK bars, clubs challenge lockdown plan
4 years, 2 months ago

‘Catastrophic impact’: UK bars, clubs challenge lockdown plan

Al Jazeera  

UK hospitality group launches legal action against government’s plans to shut pubs, restaurants to curb spread of virus. The United Kingdom’s hospitality industry is mounting a legal challenge to the government’s lockdown restrictions, aiming to stop its plans to close pubs and other venues to tackle the rise in coronavirus cases. The Night Time Industries Association, a UK trade body, …

Coronavirus tests for UK arrivals instead of quarantine could massively help the travel sector
4 years, 3 months ago

Coronavirus tests for UK arrivals instead of quarantine could massively help the travel sector

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Throughout the coronavirus pandemic, the government’s …

The travel industry will not survive without radical action over a coronavirus second wave
4 years, 3 months ago

The travel industry will not survive without radical action over a coronavirus second wave

The Independent  

The tourism and outbound travel industries are no strangers to the impact of the Covid-19 pandemic. The outbound travel sector alone sustains around 220,000 jobs in the UK and is worth over £37bn. The challenge of balancing public health and economic recovery is tremendous, and unprecedented times call for unprecedented measures, but as we attempt to move towards a period …

The travel industry won't survive the coronavirus pandemic without a radical change of direction
4 years, 4 months ago

The travel industry won't survive the coronavirus pandemic without a radical change of direction

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The complete global shutdown of the …

UK economy risks ‘catastrophic’ one-two punch from coronavirus and Brexit
4 years, 6 months ago

UK economy risks ‘catastrophic’ one-two punch from coronavirus and Brexit

CNN  

London CNN Business — Britain is already heading for the worst coronavirus-induced slump of any major economy. “As one member put it to me — just because the house is on fire, it doesn’t make it okay to set fire to the garden shed.” British companies have already borrowed nearly £35 billion under government coronavirus relief programs, according to figures …

COVID-19 pandemic could cost millions of jobs in global tourism industry: UN body
4 years, 8 months ago

COVID-19 pandemic could cost millions of jobs in global tourism industry: UN body

India TV News  

Millions of jobs in the global tourism industry could be lost due to the COVID-19 pandemic, which has impacted travel like no other event in history and caused 96 per cent of all worldwide destinations to introduce restrictions in response to the outbreak, the World Tourism Organisation has said. Almost all global destinations have imposed restrictions on travel since January …

Coronavirus: UK government advises against all global travel with ‘immediate effect’
4 years, 9 months ago

Coronavirus: UK government advises against all global travel with ‘immediate effect’

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Under questioning, Mr Raab said whether travel was still considered “essential” would remain “an individual …

Coronavirus outbreak: Travel restrictions impact on domestic tourism may be limited as long as current ban does not prolong
4 years, 9 months ago

Coronavirus outbreak: Travel restrictions impact on domestic tourism may be limited as long as current ban does not prolong

Firstpost  

With the government imposing travel restrictions, and state governments adopting preventive measures to checked the spread of virus, the tourism sector hopes the coronavirus outbreak is contained soon The announcement by the government to suspend “all existing visas, except diplomatic, official, UN/international organisations, employment, project visas” until 15 April is expected to impact the travel and tourism sector in India. …

Can travel bans prevent coronavirus’s spread? Airlines say no
4 years, 9 months ago

Can travel bans prevent coronavirus’s spread? Airlines say no

Al Jazeera  

The global airline industry has been plunged into crisis as countries impose measures to slow the spread of the virus. Governments should roll back or refrain from using travel restrictions as the coronavirus is mainly being spread through local transmission rather than imported cases, a trade group of Asian airlines said. “Given that the Covid-19 outbreak is now progressing across …

Coronavirus Fears Lead To Canceled Flights And Concerns Within The Travel Industry
4 years, 10 months ago

Coronavirus Fears Lead To Canceled Flights And Concerns Within The Travel Industry

NPR  

Coronavirus Fears Lead To Canceled Flights And Concerns Within The Travel Industry Enlarge this image toggle caption Jack Guez/AFP via Getty Images Jack Guez/AFP via Getty Images Across the country and around the world, flights are being canceled, trade shows are being called off and businesses are cutting back on employee travel — all because of fears related to the …

Travellers with suspected coronavirus could be DETAINED at UK borders
4 years, 10 months ago

Travellers with suspected coronavirus could be DETAINED at UK borders

Daily Mail  

An army of NHS volunteers is being called up to help tackle the coronavirus menace. With Boris Johnson warning of a 'mass epidemic', officials are urgently trying to speed up the six-month process of becoming a hospital volunteer BA, EasyJet and Ryanair cancelled hundreds of flights, ruining the plans of thousands of travellers In other developments: The Treasury is preparing …

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