LONDON: Global job losses from the Covid-19 crisis could far exceed 100 million, with China, India, and the US expected to be the hardest hit as these countries stand to lose almost 40 million jobs, according to new data. [huge_it_slider id=”545″] With governments and health officials warning people to stay at home, for the first time in history, the global travel and tourism industry completely stopped. Companies operating in these markets have taken a huge financial hit, forcing them to cut expenses and workers. As the most-affected region in the world, Asia could lose up to 63.4 million jobs in…
Author: holidayweekly
Written By Moazzam Ali Khan Former Chairman Pakistan Hotels Association The worldwide outbreak of COVID-19 has brought the world to a standstill, and tourism has been the worst affected of all major economic sectors. This is a very sensitive situation of uncertainty. In Pakistan, this has affected even more as this sector has never been taken seriously ever since the inception, fortunately, since the new government took over, the people associated with this Industry started getting virtuous vibes from the leadership that perhaps due recognition will be granted to this multi-million dollars Industry. Now that the combat against COVID –…
NEW YORK: Hertz CEO Kathryn Marinello has resigned from her US$1.5 million a year position following a report that the company is preparing for a possible bankruptcy. She has been replaced by Paul Stone, who was Hertz executive vice president and chief retail operations officer for North America. The company announced in a Securities and Exchange Commission filing that Marinello will remain with Hertz for up to a year, during which she will work as a consultant. The Wall Street Journal reported last week that the car rental giant, which was estimated to be worth US$2.2 billion at the end…
LAHORE: The Advisor to Chief Minister Punjab on tourism, recently visited Shalimar Garden with Director General Archaeology, Managing Director TDCP, General Manager TDCP, AC Shalimar Town and representative of other departments were also present. The Advisor directed the concern authorities to take all the possible measures to restore and renovate Shalimar Garden in its real art and style of Mughal era. The Advisor was very concern about the encroachment around the Shalimar Garden. He also directed the concern department to take immediate action to remove all encroachments. It was decided that garden would be restored according to Mughal art and…
BANGKOK: Thailand’s government is poised to push beleaguered Thai Airways International into bankruptcy protection in a move that would mark one more failure of a national flag carrier since the outbreak of Covid-19. The cabinet of Prime Minister Prayuth Chan-o-cha will on Tuesday, May 19, be asked to consider a proposal from the transport ministry for a rehabilitation plan that would result in the restructuring of the lossmaking state-owned carrier after a bankruptcy filing in court, two senior government officials told. “Today there was a meeting of the State Enterprise Policy Committee, which approved the transport ministry’s proposal to submit…
KARACHI: SereneAir has commenced Domestic flight operations in Pakistan from Saturday, 16th May on a limited scale. SereneAir under complete COVID-19 guidelines and strict SOP’s issued by CAA was the first to operate the domestic flight ER502 from Karachi to Islamabad. The sectors approved for SereneAir to operate are KHI, LHE, ISB, PEW & UET. [huge_it_slider id=”544″] Earlier the Civil Aviation Authority (CAA) on Friday, May 15, announced that domestic flights will resume operations from May 16. In view of the difficulties being faced by in travelling between major cities in Pakistan, the Federal Government has allowed limited domestic flight…
KARACHI: PIA Domestic Flight Operation resumed partially on 16 May 2020. The first domestic flight PK 8304 took off from Jinnah International Airport for Lahore on Saturday afternoon at 1:30 pm while the return flight PK 8305 took off from Allama Iqbal International Airport at 4:30 pm for Karachi. All PIA aircrafts are being thoroughly disinfected before departure of flights. PIA is strictly following government regulations of social distancing. Wearing masks and keeping space has been made mandatory for passengers during travel and their temperatures were checked before and after the flight. PIA will operate one daily flight for the…
NEW DELHI: The Indian hospitality market is currently in the “eye of the storm” when it comes to the Covid-19 outbreak according to Neeraj Govil, Senior Vice President for south-Asia at Marriott International. While offering his support to the local government and its efforts to limit the spread of the coronavirus, he said the peak of cases was not expected until mid-July. Any recovery of the hotel market would not be possible before then, Govil said. “From July and moving forward, we expect occupancy to grow from the single digits we see today to around 20-30 per cent aggregated across…
COPENHAGEN: As coronavirus restrictions ease around the globe, one of the best restaurants in the world, Noma in Copenhagen, Denmark, announced Friday that it would be reopening next week with a new concept: An outdoor wine bar with two burgers — one meat, one vegetarian — on the menu. In a statement that appears on their website, the Noma team says, “On Thursday, May 21st, at 1pm, we will open an outdoor wine bar in our beautiful gardens at noma, overlooking the lake we share with our neighbors in Christiania. Come as you are, there are no reservations, we are…
MADRID: Employers from across global tourism are taking the lead in supporting their workers and helping the communities in which they operate, research carried out into the sector’s response to COVID-19 has found. As the sector faces up to an unprecedented challenge, the World Committee on Tourism Ethics (a subsidiary of the World Tourism Organization) has analysed the steps being taken by businesses and trade associations to mitigate the impact of the pandemic. Studying the actions taken by Private Sector Commitment to the Global Code of Ethics for Tourism (GCET) in 25 countries, the research revealed that, in spite of…