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New data from EventConnect reveals the enormous economic impact on cities from the loss of youth or amateur sports tournaments due to COVID-19

China – Golden Week boosts October

Travel spending in the U.S. is expected to finish the year 45% down from 2019 levels, and will still not have returned to its pre-pandemic strength by 2024, according to the latest figures released by the U.S. Travel Association.

Today many hoteliers have pondered many ideas to adjust their business strategy, all the while asking themselves: 'What if?'. The effects of COVID-19 continue to linger, with many parts of the world either experiencing improvements or preparing for more lockdowns. As the weather changes, cautious behavior increases and new rules by governing bodies emerge.

In this pandemic period, hosting meetings comes with a new set of event complexities – whether in-person, virtual, or a hybrid of both.

Ambassadors act as a bridge between the Secretariat of the United Nations specialized agency in Madrid and their home countries. Mr Pololikashvili – who himself served as Ambassador of Georgia to Spain before taking up the leadership of UNWTO – highlighted the important role that diplomats must play in coordinating efforts to lift restrictions on travel and to restore confidence in international tourism.

A total of 116 deals were announced in the global travel and tourism sector during October 2020, which is an increase of 13.7% over 102 deals announced during the previous month, according to GlobalData.

Informative Webinar Scheduled for November 19, 2020

Companies are saving big in the lack of business travel costs – as demonstrated by Amazon’s announcement that it has saved almost $1bn on travel expenses in 2020. Such significant savings is leading to questions on just how long it will take for business travel to recover as the pandemic is brought under control.

'One Voice: To Recovery & Beyond' to explore the path ahead for Travel & Tourism