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American Tourists Can't Save Greece, Spain and Italy

A
It’s the American Dream for Europe’s troubled tourism sector. On Sunday European Commission president Ursula von der Leyen told the New York Times that fully vaccinated American tourists could visit the bloc this summer.
But the US accounts for a tiny proportion of travelers to tourist-dependent countries such as Greece, Spain, Portugal and Italy. To prevent another lost holiday season for these nations, a full reopening of intra-European travel is needed. And that still looks some ways off.
The prospect of US tourists coming to Europe is certainly a step in the right direction. Americans have been eager to travel again, and domestic summer rentals have been booking up fast. Some people might now be tempted to swap their Cape Cod getaway for a trip to Capri. American travelers would be a boon to the continent’s local economies and to international hotel groups, such as Marriott International Inc., InterContinental Hotels Group Plc and Accor SA. ....

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American Tourists Can't Save Greece, Spain and Italy

American Tourists Can't Save Greece, Spain and Italy
bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.

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Airlines get glimpse of new normal as EU unveils reopening plan

Airlines get glimpse of new normal as EU unveils reopening plan
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Europe's airline and hotel stocks soar after British holidaymakers get the all-clear to book travel

Europe’s airline and hotel stocks soar after British holidaymakers get the all-clear to book travel
Fortune
2/23/2021
Siddharth Philip, Bloomberg
U.K. holidaymakers reappeared with a roar, showering airlines with summer bookings after Prime Minister Boris Johnson outlined a roadmap for air travel to return.
EasyJet Plc ticket sales more than quadrupled in the hours after Johnson said Monday that international trips may restart as soon as May 17. Tour operator TUI AG said holiday bookings to Spain, Turkey and Greece jumped sixfold overnight, while Ryanair Holdings Plc cited Italy as another popular destination.
Airline shares advanced for a second day as evidence mounted of burgeoning customer demand for the crucial summer season. While travel could open as soon as late May or June, travelers are hedging their bets, with the uptick concentrated on July and August. Price-comparison site Skyscanner said that flight bookings on Monday i ....

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Airline Bookings Surge on Johnson's Plan to Reopen Travel

Airline Bookings Surge, Buoyed by U.K. Plans to Reopen Travel
Bloomberg
2/23/2021
Siddharth Philip and Christopher Jasper
(Bloomberg) U.K. holidaymakers reappeared with a roar, showering airlines with summer bookings after Prime Minister Boris Johnson outlined a roadmap for air travel to return.
EasyJet Plc ticket sales more than quadrupled in the hours after Johnson said Monday that international trips may restart as soon as May 17. Tour operator TUI AG said reservations to Spain, Turkey and Greece jumped sixfold overnight, while Ryanair Holdings Plc cited Italy as another popular destination.
Airline shares advanced for a second day as evidence mounted of burgeoning customer demand for the crucial summer season. While travel could open as soon as late May or June, Britons are hedging their bets, with the uptick concentrated on July and August. Price-comparison site Skyscanner said that flight bookings on Monday increased by 69% compar ....

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