(2 July 2021) Though travel and tourism stocks recovered to a pre-crisis level by the end of 2020, financial statement data shows that the COVID-19 pandemic continues to have a strong negative impact on the revenues of companies in the tourism industry. In Q1 2021, sales of Booking Holdings Inc., Expedia Inc. and TripAdvisor Inc. were down 60-65% compared to the same quarter a year ago. This and other data on the pandemic points to a subdued and protracted recovery for the tourism sector. The shape of that recovery will depend largely on what happens with COVID-19.
In this dashboard we have put together pandemic-related statistics for 48 countries that account for more than 70% of world tourism arrivals and departures as a resource to help users to estimate the impact of COVID-19 on international tourism flows.
The World Cities Data Brief compiles data from authoritative sources to help you discover local statistics and visualizations and learn more about cities worldwide.
(8 December 2020) Stock prices of COVID-19 vaccine developers have remained strong, with some exceptional outliers, as the world gets closer to the release of a vaccine against the virus. Fast becoming household names, Moderna, Novavax, Cansino, and Bharat, among other pharma companies, have demonstrated strong growth compared to December 2019 growing in the range of 260-2,100 percent compared to general S&P growth of 18%. So, where are we at in the vaccine race? As of December 8, 13 COVID-19 candidate vaccines had reached the final (3rd) clinical phase of development,...
(3 February 2020) As the World Health Organization has elevated the global public health threat level posed by the coronavirus to 'very high' (China) and 'high' (rest of the world), global economic health is also beginning to suffer. The number of people affected by the coronavirus globally may seem relatively small — just over 14,632 deaths and 335,953 people infected — yet without containment, especially to avoid spread to countries with weaker healthcare systems, the human (and economic) toll could rise rapidly into a full global epidemic. As the second-largest economy in the...
(27 March 2020) The force that is 'global social exclusion' is becoming a fatal event for some businesses that rely on in-person labor force and customers, while for others it is a chance for rapid growth and development of new services lines. As the coronavirus infections curve worldwide has shifted over recent weeks to become still steeper, entire companies have begun switching to remote work operations. Many industries, such as air travel, tourism, and retail are undergoing rapid business model adjustments to soften the impact of the COVID-19 pandemic. Below we share another...
Prosper Insights & Analytics has 18 years of experience producing market leading monthly survey-based research of consumers' overall confidence. In its most recent survey, Prosper asked consumers about their concerns with regard to the coronavirus pandemic and the related cancellation of major events. You can explore Prosper's latest findings in depth below, but we'll give the spoiler: 82% of US consumers expressed one form of concern or another and believe that they will somehow experience direct consequences of the pandemic. Moreover, for the first time in six months there is...
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