Hotels and restaurants in Florida’s Miami-Dade County have endured a $3.36 billion dollar whack from COVID-19, according to a new study by FIU.
U.S. Travel Association Executive Vice President of Public Affairs and Policy Tori Emerson Barnes has applauded the introduction of Hospitality Jobs Bill.
US airlines reported combined losses of $12 billion in the second quarter, excluding special items, as revenue plunged 86% from the prior year. And analysts are forecasting that losses will come to about $10 billion in the just-completed third quarter.
Air Canada has concluded a cut price deal to acquire Air Transat. The flag-carrier will now acquire all shares in the smaller airline for C$5 each.
More than half (55%) of all small travel businesses in the U.S. are at risk of either taking longer than six months to recover or never recovering at all.
Two key Republican senators on Monday introduced legislation that would authorize $28.8 billion in payroll assistance to avoid thousands of airline industry layoffs set to begin on Oct. 1.