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COVID Vaccine May Rebound Travel

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Added on the 28/11/2020 11:17:17 - Copyright : Wochit

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  • COVID Is Breaking The Hotel Industry

    Business Insider reports that the hotel industry will likely not rebound until 2023 or 2024. Hotels bank on receiving half of their revenue from corporate travel. The hotel industry brings in $170 billion annually. The lack of business travel due to the coronavirus pandemic could cost hotels between $8 billion and $23 billion this year. Although Bank of America research estimates that business trips could return as soon as Spring of 2021, the timeline depends on a COVID vaccine. Some hotels are seeing an occupancy rate between 10% and 20%. Most have to hit 50% occupancy to break even.

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  • Canada's Ontario to abandon Covid vaccine passport: premier

    The premier of Ontario announces that he will lift vaccine passport requirements in the Canadian province, the epicenter of protests against Covid-19 health measures for more than two weeks now. SOUNDBITE

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    Canadian truckers stage a protest outside the parliament against Covid vaccine mandates, in Canada's capital Ottawa. The trucker-led protests have shut down central Ottawa for 14 days, trying to force the government to lift Covid-19 health regulations. The so-called Freedom Convoy began last month in western Canada -- launched in anger at requirements that truckers either be vaccinated, or test and isolate, when crossing the US-Canada border. IMAGES

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  • Anti-vaccine protesters march against Covid-19 mandates in Washington, DC

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