Tag Archives: crisis

U.S. Officials Travel To Venezuela For A 'Welfare Visit' As Oil Crisis Continues

U.S. Officials Travel To Venezuela For A 'Welfare Visit' As Oil Crisis Continues

U.S. officers traveled to Venezuela describing the journey as a “welfare go to” specializing in the imprisonment of a number of oil executives at the moment held in Caracas. NBC Information Steve Patterson studies on the broader implications of the journey because the fuel disaster continues. » Subscribe to NBC Information: http://nbcnews.to/SubscribeToNBC » Watch extra […]

4 places you should visit after the crisis

4 places you should visit after the crisis

Worldwide travels are at present suspended and cancelled as a result of onset of COVID-19. Whereas some nations have opened their borders, a majority of the world continues to be in a standstill. The tourism business is placed on a halt, save just for vacationers permitted to fly house to their respective nations.  Nonetheless, there’s […]

“In times of crisis we are the first type of solution that businesses are looking for”

"In times of crisis we are the first type of solution that businesses are looking for"

Travel tech startup Hotelmize has unveiled its latest product – the Virtual Contractor – to help the travel and tourism recovery. Hotelmize uses AI technology and capital market trading strategies to the hotel booking industry. Its fully-automated solutions unlock extra profits for hotel resellers and other hotel booking businesses. Hotelmize increases profitability by over 35%. […]

TAAI fears total collapse of airlines already staring at existential crisis

TAAI fears total collapse of airlines already staring at existential crisis

Reacting to Supreme Court ruling directing airlines to refund travel agents for tickets booked through them while accepting Directorate General of Civil Aviation (DGCA) recommendation, the Travel Agents Association of India (TAAI) says this verdict maintains status quo to the previous suggestion by aviation regulator. “Nothing really to appease our challenges and multiple communications and […]

Looming cash crisis threatens airlines

Looming cash crisis threatens airlines

The International Air Transport Association (IATA) warned that the airline industry will burn through $77 billion in cash during the second half of 2020 (almost $13 billion/month or $300,000 per minute), despite the restart of operations. The slow recovery in air travel will see the airline industry continuing to burn through cash at an average […]

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