Hertz Global Holdings, Inc. has announced that it has successfully completed its Chapter 11 restructuring process and has emerged.
The crash in international tourism due to the coronavirus pandemic could cause a loss of more than $4 trillion to the global GDP for the years 2020 and 2021.
Mastercard and LATAM Airlines Group announced today they have signed a seven-year agreement that seeks to enhance the travel experience for passengers around the world.
The global vacation rental market is expected to grow by USD 62.97 billion during 2020-2024, progressing at a CAGR of almost 7% during the forecast period.
The latest research compiled by the World Travel & Tourism Council (WTTC), reveals that more than two million jobs could be created if international travel reopens before the busy summer period.
While domestic tourism has found a boost from the vacation segment, the story of the recovery of international travel is beginning to be written with vaxication.