Powerful travel and tourism groups are welcoming passage of a Canadian government bill to aid the industry. The Canadian Parliament and Justin Trudeau government on Thursday passed Bill C-2, which provides further support to the industry in response to the devastating COVID-19 pandemic. The Coalition of the Hardest Hit Businesses said welcomes the passing of the bill for an industry that has been hit hard by border closures, travel bans, and the loss of international and domestic travellers. A survey of Coalition members earlier in the year found that up to 60% did not expect to make it through the Read more
business
Business travel is on the mend, according to a new study from the World Travel and Tourism Council and McKinsey & Company consultants. The latest WTTC/McKinsey report suggests that, following a 61% decline in 2020, global business travel spending is expected to rise by 26% this year and by 34% in 2022. Overall, they expect business travel to recover to two-thirds of 2019 levels by next year. But the report, titled Adapting to Endemic Covid-19: The Outlook for Business Travel, says recovery will vary by region. In the Asia-Pacific region, business travel is expected to rise 32% this year and Read more
Air Canada says it’s encouraged by “strong increases” in key passenger markets in the third quarter. In a quarterly financial statement released today (Nov. 2), Canada’s largest airline reported operating revenues of $2.103 billion, representing almost three times the operating revenues of $757 million in the third quarter of 2020. Other highlights include Operating loss of $364 million, compared to an operating loss of $785 million in the third quarter of 2020 Negative EBITDA(1) (earnings before interest, taxes, depreciation, and amortization), excluding special items, of $67 million compared to negative EBITDA (excluding special items) of $554 million in the same Read more
With the Canadian tourism and travel sectors in a state of disaster, some of the world’s most important and influential business leaders and the World Travel and Tourism Council today demanded action from Canadian Prime Minister Justin Trudeau. “The World Travel & Tourism Council (WTTC) has urgently called on the Canadian government for strong leadership and unprecedented international collaboration, to save the struggling Travel & Tourism sector and recover the millions of jobs already impacted,” said the letter, obtained by TravelPulse Canada. “Over 100 of the world’s major travel and global business leaders, from major airlines, airports, hotels, tour operators Read more
As if getting more attention from owners working at home isn’t enough, now we find that dogs are increasingly getting more vacation time. I’ve got a report on that today, as well as an update on Air Canada re-opening some of its lounges. Rover Goes Road Trippin’ It’s been a crazy few months in the travel and tourism biz. Trips were cancelled and lockdown measures were enacted to ensure a flattening of the curve. However, as restrictions loosen and cases (mostly) trend down, Rover.com (who knew?) surveyed 500 Canadian pet parents to find out how folks are feeling about summer Read more
