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Increased focus on visa regulations and collaboration for youth travel to survive the COVID-19 crisis
Concerns about visa regulations are on the rise while marketing has become the least of worries for travel businesses, according to findings of WYSE’s May edition of the COVID-19 Travel Business Impact Survey.
Outlook worsens and financial aid is not the only investment governments should make to help travel and tourism
The business outlook of travel and tourism companies continues to worsen, according to findings of WYSE Travel Confederation’s third COVID-19 Travel Business Impact Survey.
Surviving COVID-19 twice
Carissa Vaudrey, Managing Director of Playschool Au Pairs, was one of the first people in New Zealand to contract COVID-19 after a trip to Italy. With the world on the edge of a pandemic, she saw an opportunity to save her business at the same time as providing employment to local people out of work.
COVID-19 cuts into summer internships
Accountancy firm Deloitte has cancelled its summper internship programme as part of its broader strategy to save on operational costs amidst the COVID-19 crisis
WYSE Travel Confederation calls on governments to support youth, student and educational travel organisations
Government aid is needed to support travel and tourism now and into the near future.
Satisfaction with COVID-19 cooperation, but placement availability concerns rise
Findings from WYSE Travel Confederation’s second COVID-19 Travel Business Impact Survey indicate that while top business concerns remain unchanged between March and April, there is increasing uncertainty around placement availability.
Staff cuts, location closures and short survival periods
Findings from WYSE Travel Confederation’s second COVID-19 Travel Business Impact Survey indicate that travel businesses have moved quickly to streamline operations in the face of declining business by cutting staff and closing locations
Q2 worse across the globe, but some source markets expecting better for the whole of 2020
Findings from WYSE Travel Confederation’s second COVID-19 Travel Business Impact Survey indicate that travel and tourism businesses experienced a 60% drop in business in Q1 2020 compared to the same period in 2019.
Looking back in order to see ahead
Findings have indicated that youth travel organisations experienced significant drops in business by the first week of March 2020 as a result of the global COVID-19 (Coronavirus) outbreak.
Business outlook by youth travel sector
Findings from WYSE Travel Confederation’s COVID-19 business impact survey show a mixed picture across various sectors.
Youth travel anticipating 30% decrease in business for 2020
Findings from WYSE Travel Confederation’s COVID-19 business impact survey indicate travel businesses are anticipating a 30% drop in business for this year.
Cloudbeds raises $82 million to develop its platform
After raising $82 million in growth capital Cloudbeds Co-founders share their future vision for the platform.