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Added on the 28/11/2020 11:17:17 - Copyright : Wochit
Business Insider reports that the hotel industry will likely not rebound until 2023 or 2024. Hotels bank on receiving half of their revenue from corporate travel. The hotel industry brings in $170 billion annually. The lack of business travel due to the coronavirus pandemic could cost hotels between $8 billion and $23 billion this year. Although Bank of America research estimates that business trips could return as soon as Spring of 2021, the timeline depends on a COVID vaccine. Some hotels are seeing an occupancy rate between 10% and 20%. Most have to hit 50% occupancy to break even.
Want to know where you can travel in Europe and what tests you'll need to do? Check out this list for all the details.View on euronews
"The world will follow in our footsteps," said Israeli PM Naftali Bennett
The decision issued by a Supreme Court judge on Saturday invalidates regulations previously announced by the National Health Agency that required only a negative PCR test for visitors.
A booster shot will be required to extend the certificate, which allows cross-border travellers to skip testing and quarantine.
Sydney’s international airport came alive with tears and laughter on Monday as Australia’s border opened for the first time in 20 months.
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