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Global Travel

All articles tagged with #global travel

business1 year ago

"Booking Holdings Faces Stock Decline Amid Concerns Over Travel Reservations and Earnings"

Booking Holdings Inc. experienced a significant drop in its stock value after providing a disappointing forecast for travel reservations and gross bookings, citing the war in Israel and currency fluctuations as contributing factors. The company expects room nights booked to grow by 4% to 6% in the first quarter, below analyst estimates, and gross bookings to increase slightly faster than 7% for the full year. The stock tumbled 10% in response, marking its worst decline since the early days of the pandemic. CEO Glenn Fogel expressed confidence in the company's resilience and anticipated strong growth in global leisure travel demand as the summer season approaches.

via Yahoo Finance|
#booking-holdings#business#forecast
health-vaccination-measles-outbreak-global-travel-public-health1 year ago

"Global Measles Outbreaks: A Looming Threat to Canada"

The World Health Organization reported a significant increase in measles cases in Europe, raising concerns about potential outbreaks in Canada due to high global travel and low vaccination rates. While Canada eliminated measles in 1998, the country's vaccination coverage has fallen below the 95% threshold needed to prevent transmission. The pandemic led to a decline in routine immunizations, leaving many vulnerable. Clinicians emphasize the contagious nature of measles and urge catch-up vaccination efforts to prevent potential outbreaks. Global travel remains a key concern, with confirmed cases in Canada linked to international travel. Public health officials stress the importance of vaccination for travelers and encourage early immunization for infants in areas with extensive measles circulation.

via CBC News|
#global-travel#health-vaccination-measles-outbreak-global-travel-public-health#measles
business2 years ago

China's Tourism Industry Bounces Back to Pre-Pandemic Levels.

Chinese tourist spending has rebounded to pre-pandemic levels, providing a boost to the country's economy. As China's domestic travel market has recovered, Chinese tourists have also started traveling overseas again, with popular destinations including Thailand, Japan, and the Maldives. The recovery in Chinese tourism and consumer spending is seen as a positive sign for the global travel industry.

via Financial Times|
#business#chinese-tourism#consumer-spending