How Russia's War on Ukraine Changed Travel One Year Later
Skift is examining how the war in Ukraine has disrupted the travel industry through our articles.
Source: skift.com
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The Full List of Travel Companies Retreating From Russia
A Skift list of Western travel companies that have curtailed operations in Russia, responding to the country's invasion of Ukraine.
Source: skift.com
Travel Search Site Trivago Pivots Amid the Pandemic to Cut Costs While Expanding Its Horizons
"We realized very early that this wouldn't be just a few months, but something that would last longer," said Hefer, adding that firm restructured in April 2020 and reduced its cost base, which he said stabilized the firm and and improved cash flow. Indeed, Trivago shrank its first-quarter operating loss to 8.9 million euro (about $10.76 million) from 215.3 million a year before — a 96% improvement. "On the cash side, we are in a very good position," Hefer said. Because of that, he said Trivago doesn't need to generate a lot of profit immediately and can instead concentrate on the strategic ...
Source: nbcconnecticut.com