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MakeMyTrip shares soar as COVID vaccine progress from Moderna and Pfizer spark optimism of faster travel recovery
NASDAQ-listed Indian travel giant MakeMyTrip saw its share price jump by 6.75% on Monday as the new…
Leisure travel has made a startling comeback, but business travel's recovery could still be years away
An uptick in leisure travel can't make up for an almost complete lack of business travel.
Brittany Chang
The world's airlines say they won't recover until 2024, reflecting a new wave of pessimism as the pandemic rages on
It may be 2024 before airlines fully recover from the coronavirus crisis, a major airline group ack…
David Slotnick
Airbnb reveals international bookings are up 44% after the US reopened its borders to foreign travelers, as pent-up demand fuels travel recovery
The return of global travelers is expected to be a major economic boost for industries like tourism…
Francis Agustin
Here's Another Sign Of Economic Recovery: Americans Are Hitting The Road Again
For year, total car travel only went up, but for the past several years it's moved sideways, probab…
Meet the 'K-shaped' recession, where professional workers are largely fine and everyone else is doing awful
During Tuesday evening's presidential debate, moderator Chris Wallace asked Trump and Biden about t…
Allana Akhtar
Indian hotel companies have shown resilience during the pandemic and now the markets are celebrating them
The stocks of India’s hotel companies have rebounded in the past few months, as several indicators …
Holidaymakers are driving a surge in demand for business and first-class seats as post-pandemic air travel resumes
Disposable income saved during the pandemic and a desire to travel again is helping offset the impa…
Urooba Jamal
Goldman Sachs says global oil demand will bounce back but could be hit hard by the lack of business travel
"You are going to lose a big chunk of the jet demand that would have been associated with business …
Saloni Sardana
Airline and cruise stocks rally as Pfizer drug progress spurs hope for travel-industry recovery
United Airlines surged as much as 27%, while Delta Air Lines and American Airlines climbed 23% and …
Ben Winck
Hiring in travel and hospitality sector saw an 18% growth in March after two years of COVID-19
The Indian job market witnessed a sharp recovery in March after two years of the Covid-19 pandemic,…
International tourism could decline by 60-80 per cent in 2020 due to COVID-19: UNWTO
Arrivals in March dropped sharply by 57 per cent following the start of a lockdown in many countrie…
PTI
The Dominican Republic is replacing mandatory tourist coronavirus tests with free insurance
From September 15, mass testing at airports will be replaced by random checks as part of the countr…