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Travel, Tourism & Hospitality 2021 tourism revenues to hit $540bn, $200bn less than in 2019

January 2021
403
The Covid-19 pandemic has affected every sector globally, but the travel and tourism industry is among the hardest hit. Although hotels and resorts implemented increased safety and sanitation measures and cautiously reopened in the second half of 2020, the second wave of the pandemic brought a new hit to businesses operating in the sector and slowed down the recovery of the entire market, new data revealed.

According to data presented by AksjeBloggen.com, the combined revenues of the travel and tourism industry are expected to reach $540 billion in 2021, almost a $200 billion plunge compared to 2019 figures.

In 2017, the entire travel and tourism sector generated $688.5 billion in revenue, revealed the Statista survey. Over the next two years, this figure jumped by 7 per cent and hit $738.8 billion. ....

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ECB's Lagarde Says Downside Risks To Eurozone Growth Outlook Less Pronounced

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Risks surrounding the euro area growth outlook remain tilted to the downside, but are now less pronounced, the European Central Bank President Christine Lagarde ....

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Donald Trump final pardons: Why president didn't grant clemency to himself

Donald Trump final pardons: Why president didn t grant clemency to himself
20 Jan, 2021 08:50 AM
4 minutes to read
Donald Trump has issued a wave of presidential pardons on his final day in office.
Video / Getty / AP
Donald Trump has issued a wave of presidential pardons on his final day in office.
Video / Getty / AP
news.com.au
With less than 12 hours left in the White House, Donald Trump has finally revealed exactly who he was pardoning.
The rumour mill was in overdrive Trump would pre-emptively pardon himself and his children to protect them from any kind of legal action in the future. ....

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GO NZ: A road trip on Northland's Kauri Coast

GO NZ: A road trip on Northland s Kauri Coast
18 Jan, 2021 10:39 PM
5 minutes to read
The Northern Wairoa River on the Kauri Coast, with the volcanic plug Tokatoka in the background. Photo / Sue Taylor
The Northern Wairoa River on the Kauri Coast, with the volcanic plug Tokatoka in the background. Photo / Sue Taylor
NZ Herald
Lindy Laird takes the road less travelled into Northland s magnificent geography and history
To travel Northland s Kauri Coast is to journey through time and a world of giants.
Starting at the State Highway 12 turn-off at Brynderwyn, the route skirts the Kaipara Harbour s northern reaches and pretty, historic settlements. ....

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Do automatic transmissions make drivers calmer, less stressed & more disciplined?

Do automatic transmissions make drivers calmer, less stressed & more disciplined?
Hello! I recently got my first automatic car here in India Honda city (CVT). It was mainly manual transmissions before that for me over here (swift, i20 to the Innova). One thing I have noticed after switching over to automatic is that my driving style has become more relaxed and laid back. In fact even if someone cuts me off while waiting in a line I dont get angry
. Is this the effect of automatic gearboxes?
I am mainly based in the Middle East and drive automatics over there and my driving style is very composed and calm. Come over here, pick a manual car and it is all chaos and a rush again. However driving automatic here in India is a relative new experience. It has made me more humble and relaxed. However recently while driving a friend s manual transmission Brezza, the old need for speed, irritation for those who cut me in the traffic etc. came back. ....

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