A key ‘STEP’ to bring back the travel industry

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Quiet city blocks, empty shops and restaurants, vacant hotels, shuttered attractions: This, unfortunately, is the reality of travel in America these past few months.



a person standing in a room: A key 'STEP' to bring back the travel industry


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A key ‘STEP’ to bring back the travel industry

As one of the hardest-hit industries in the economic fallout of the coronavirus pandemic, more than 8 million travel-supported U.S. jobs have been lost because of decreased travel. The U.S. is on track to lose more than half a billion dollars in travel spending this year, creating an economic impact that is 10 times worse than that of the 9/11 attacks.

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Ministry considers localized travel bubble to accelerate tourist industry recovery – Business

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Tourism and Creative Economy Ministry is mulling over the possibility of establishing travel bubbles with neighboring countries in a more local scope to accelerate the rebound of  the pandemic-hit tourist industry, the ministry’s official has said.

The ministry’s undersecretary for infrastructure and destination development, Hari Santosa Sungkari, said on Aug. 7 that the government’s plan to establish travel bubbles may not be between countries as previously floated, but rather between a country and provinces or specific tourist destinations.

“We are drafting the travel bubble policy, which I assume wouldn’t be between countries. It may be between country A with Bali,

Can the Finance Industry Be Trusted This Time?

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(Bloomberg Opinion) — Like the rest of us, the world’s finance industry is still wrestling with the huge uncertainty of a pandemic that doesn’t yet have an end. The sector’s reputation took a battering after the financial crisis, and it’s too early to say how things will go this time.

One area in the spotlight is insurance, with myriad claims being pursued by small businesses seeking redress for their Covid-related losses. In one of many cases around the world, the U.K.’s financial market regulator is taking on the insurance industry in a High Court battle that could affect as many

Grant to help Portsmouth High tech center, chamber bolster connection with local industry – News – seacoastonline.com

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PORTSMOUTH — Enhancing connection between local industry professionals in the hospitality, computer science and health science fields with local high schoolers is the push behind a recent grant awarded to the Portsmouth High School Career Technical Center and the Chamber Collaborative of Greater Portsmouth by the N.H. Charitable Foundation.

The chamber has teamed with PHS-CTC to help facilitate opportunities for industry and education to meet in real-world partnerships related to these three, in-demand business sectors.

The $9,940 grant will be used in the following manner:

The partnership between PHS-CTC, the chamber, postsecondary and local business partners will be used to