Month: November 2020

Travel stocks are vulnerable Thanksgiving week, with CDC warning

The travel trade is in trouble.

Airline, hotel and cruise line stocks slid on Friday ahead of Thanksgiving week after the CDC issued a warning on traveling for the holiday amid climbing Covid case counts.

Expedia data released before the CDC’s announcement showed 60% of U.S. consumers said they would not be traveling for Thanksgiving. Those who will travel will go an average of 250 miles away from home, down from 450 miles a year ago, the data revealed.

Travel stocks’ road to recovery will likely be a bumpy ride, according o Boris Schlossberg, managing director of FX strategy at

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what are the new Covid rules and Tier 4 restrictions?

Travel restrictions between levels will be lifted, but until December 23 people in Level 3 and 4 face fines for venturing outside their council areas.

The Level 4 restrictions have been imposed in East Dunbartonshire, East Renfrewshire, Glasgow, Renfrewshire and West Dunbartonshire, North and South Lanarkshire, East and South Ayrshire, Stirling and West Lothian.

On November 13, Fife, Angus, Perth and Kinross moved up to level 3, whilst indoor household meetings between up to six people from two households were allowed again in Shetland, Orkney and the Western Isles.

East Lothian and Midlothian moved down from Level 3 to 2

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AmTrav To Use Journera For Real-Time T&E Data

Real-time data exchange platform Journera will now be used by business travel agency AmTrav, according to a press release.

AmTrav, the release said, is an “all in one” solution that aims to cut the hassle of corporate travel.

The partnership will afford users several new features from Journera. There will be better customer service, with cancellations and changes to the itinerary available directly from a travel supplier, the press release noted. There will be more insights into trips booked away from the company’s usual booking path and policy, and real-time data

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Singapore-Hong Kong travel bubble continues as Hong Kong Covid cases rise

Singapore Airlines crew members at Changi International Airport in Singapore on Oct. 24, 2020.

Roslan Rahman | AFP | Getty Images

SINGAPORE — Singapore and Hong Kong will go ahead with their air travel arrangements on Sunday as planned, but there will be additional precautionary measures imposed as new coronavirus cases in Hong Kong rise.

The Civil Aviation Authority of Singapore announced Saturday that all arriving passengers from Hong Kong will now be required to take an additional Covid-19 Polymerase Chain Reaction (PCR) test upon arrival.

They will also need to self-isolate in their place of residence — be it

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