Washington Post: “The only aspect of our travels that is guaranteed to hold an audience is disaster,” writes journalist Martha Gellhorn in the 1978 memoir “Travels with Myself and Another.” She proves the point by smelting a lifetime of international mishap into acerbic, funny stories from which readers can’t look away. (“Another,” in this case, is Gellhorn’s sometime husband Ernest Hemingway, called “Unwilling Companion” when he appears in the book.)
Fast Company: Execs at Hyatt, Airbnb, Kayak, and more predict what the travel industry must do to survive the coronavirus pandemic.
Travel Daily Media: So, nearly 6 months since the first cases of “suspected pneumonia“ were reported in Wuhan in late December 2019, let’s pause and rewind. And, let’s ask ourselves … “Could anyone really have predicted that in 2020 …”
Skift: Recovery seems to have all but stalled, according to the latest update of the Skift Recovery Index. The global score stands at 36, which means that travel performance is currently at 36 percent compared to the same time last year.
PhocusWire: Google’s seemingly unstoppable rise to domination of the online travel ecosystem in the last decade or so has not only profoundly shaped the travel industry, but it also has been routinely used by many industry players to justify – rightly or not – a string of negative financial results.
Meanwhile, the search giant’s control over the back-end infrastructure of the ad tech industry has been less of a headline across the industry’s chatter.
Anticompetitive authorities seem to think differently. More than 80% of online display advertising is traded real-time on electronic trading venues, also called programmatic advertising.
The Points Guy: This Friday, June 19, marks an important day in United States history.
On this day in 1865, Major General Gordon Granger and his troops arrived in Galveston, Texas, heralding an important announcement: The Civil War was over, and slavery was outlawed.
Skift: Don’t count your deals before they’ve hatched. Coronavirus has killed valuations of many companies, and deals along with them. On the other hand, some companies, such as Grubhub, are in the right place at the right time.
The summer season is upon us and people are itching to travel, especially after being homebound for so long due to the coronavirus pandemic, Forbes reports. The Transportation Security Administration (TSA) has issued updated safety measures for airport travel, which are meant to not only keep travelers safe and healthy, but also to protect agents and airport employees during this time. The overall changes will limit the direct person-to-person contact between passengers and officers as we head into summer travel season.
Europe, the world’s biggest tourist destination, is struggling to restart normal life after months of total economic and social lockdown in response to the coronavirus pandemic, reports The Straits Times.
In the next few weeks, cafes and restaurants are due to open in most European countries, and hotels and beaches are scheduled to follow suit by the middle of next month.
Still, most European governments acknowledge that their tourism industry will suffer badly this year. It will be some time before Europe can reclaim its place as the destination of choice for about half of the world’s tourists.
The Anglo-German firm was trading up 55% on Tuesday afternoon, one of a number of travel stocks boosted by news that Spain will reopen its tourism industry without quarantine requirements, reports Coast FM.
Other big gainers included British Airways owner IAG which rose by 22.4% and easyJet up by 19.7%. Ryanair climbed almost 12% after confirming plans to resume 40% of its normal schedule from 1 July.
The news will come as a relief to many holidaymakers, as Spain is a popular destination for Britons. It is also a good sign for Spain’s economy – tourism accounts for 12% of the country’s GDP.