Good, Bad, and Mediocre News in the World of Travel

Based on that headline, things are looking up!

The travel and hospitality industries — airlines, restaurants, hotels, cruise lines — have taken the brunt of the economic hit during the pandemic. Estimates are that at least $500 billion of travel business has been lost in the U.S. alone.

With about 10 percent of the world’s population employed in some travel-related occupation, the global cost has been staggering, and many smaller operators, especially — tour companies, family-run restaurants, inns and the like — have struggled to survive or been forced to close down permanently.

Now, even with COVID cases still raging in many parts of the U.S. and the world, some 200 million Americans (out of 330 million) have received at least one dose of vaccine — and the travel industry is moving into… Continue reading →