April 20, 2020

Competition

Middle East tourism fair in Dubai cancelled over coronavirusedit

Reuters – Online

Dubais Arabian Travel Market, one of the Middle Easts biggest travel and tourism fairs, has been cancelled this year due to the new coronavirus outbreak, organisers said on Sunday.

China’s economy slumps 7% in Q1 on pandemic disruption, auto output and sales plunge 40%edit

Auto Car ProfessionalBloomberg QuintBloomberg QuintWio News – Online

Further details from the National Bureau of Statistics indicate that first quarter retail sales in China fell 19% from a year ago while industrial production fell 8.4% in the same period. Tanking demand globally also led to the worsening of both industrial production as well as exports.

Industry

Sheen goes off staycations: Isocations or solocations to be the next tourism trend?edit

The Economic Times – Online

Already, a Japanese short term rental company has been marketing its flats as solutions for stressed out couples heading for ‘coronavirus divorces’ in that country. Data from other nations also indicate that those unaccustomed to living cheek by jowl for prolonged periods will probably seek selfisolation options.

What returning to work will look like in offices, cafes and factories around the worldedit

The Economic Times – Online

Wearable social distancing buzzers. Masked blackjack dealers. Drive thru electronics purchases. From cubicles to factory floors, cafes to clothing boutiques, businesses around the world are dreaming up creative ways to reopen, attempting to start revenue flowing again while minimizing the risk to customers and employees.

Look Left, Turn Right, Jump! Islands Offer Remote Tourismedit

Republic World – Online

The innovation is meant to sustain global interest in the North Atlantic islands, which have recently come to rely more on revenue from tourism. And it might help locked down people around the world broaden their horizons beyond their apartment walls.

Envisioning the future: Travel and hospitality in the wake of coronavirusedit

BW Hotelier Business World – Online

In the wake of the mass confusion and panic, most companies are refraining from making new strategic decisions and instead are focused on the immediate future committing resources to additional infrastructure for screening, quarantining and treatment of properties and staff. However, the travel and tourism industry has faced similar crises before, adapted to deal with them, and survived.

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

The Economic TimesFree Press Journal – Online

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 (UNWTO) has said.

96% of Global Destinations Impose Travel Restrictions, Says UNWTOedit

Travel Trends TodayThe Financial Express – Online

COVID19 has impacted travel and tourism like no other event before in history. Governments have put public health first and introduced full or partial restrictions on travel. With tourism suspended, the benefits the sector brings are under threat: millions of jobs could be lost, and progress made in the fields of equality and sustainable economic growth could be rolled back.

Global growth may be cut by up to 0.4 pc: ADBedit

UNI India – Online

Two thirds of the impact will be felt by China, the epicentre of the Covid outbreak, the survey said. The outbreak will have a significant impact on developing Asian economies through numerous channels, including sharp declines in domestic demand, lower tourism and business travel, trade and production linkages, supply disruptions and health effects, the study said.

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