Here’s a round-up of luxury travel stories that have caught the eye this week. To make sure you receive these new weekly alerts in your web browser, please click on the red bell icon in the bottom right hand corner of the page and click ‘subscribe’ (works on desktop only – for other ways to subscribe, please click here). This will also alert you to any other posts on the blog. Should you wish, you can unsubscribe at any time, by clicking on the icon again and selecting ‘unsubscribe’.
Why the travel industry will be stronger and better after coronavirus
The travel industry has been decimated by the coronavirus — with estimates of over $24 billion lost as 825,000 jobs have been wiped out and more than 8.2 million visitors stay away from the United States alone. But with the storm clouds come a silver lining. Without the steady stream of cruise ships (some of the worst polluters in the world), the canals of Venice have become clear for the first time in centuries; pollution around the world has dropped dramatically and cities that had been trampled by overtourism are recovering… [read more]
Yes, we will travel again — here’s how and when to plan your next trip
These are not normal times. These are not normal times for the people of Wuhan, Milan, Seoul, New York, or any other region hit hard by COVID-19. And these times are not normal for those seeing the pandemic on the horizon, feeling the anxiety of battling the invisible enemy that’s rattling our world physically, emotionally, economically, and culturally. With the world under lockdown, and with increasingly stringent restrictions coming into place across North America, Europe, the United Kingdom, Asia, and beyond, many are asking how they can still plan travel — and have something hopeful to look forward to — in a time of ongoing and ever-accelerating shutdown… [read more]
Billionaires are chartering superyachts for months at a time to ride out the coronavirus pandemic
Billionaires are hoping to avoid the coronavirus pandemic by self-isolating on superyachts, The Telegraph’s Alan Tovey reports. Tovey spoke with Jonathan Beckett, the CEO of yacht broker Burgess. Beckett told The Telegraph that wealthy people are looking for ways to “weather the storm” and that a yacht “in a nice climate isn’t a bad place to self-isolate.” Large yachts have enough storage room to hold supplies that can last for months, Tovey notes, meaning the vessel can spend a longer amount of time at sea without docking. Of course, renting superyachts for months at a time is pricey, with some charging £100,000 ($118,944) a week plus crew costs and the largest of yachts costing over £500,000 (almost $600,000) a week… [read more]
Private-jet operators fly high, before requesting bailout
First, private-jet operators touted a surge in demand, sending them scrambling to keep up with the “biggest month” in their corporate histories. Then, within the same month, they were forced to turn customers away as governments around the world closed their borders, hotels shuttered, and citizens entered a surreal new reality: quarantine by mandate. Now, these symbols of high-flying wealth are joining America’s commercial airlines in asking for a $54 billion U.S. government bailout. Without hotel partnerships and open airstrips, they too are facing bankruptcy… [read more]
Coronavirus rocks the luxury hotel industry
The ever-expanding fallout surrounding the coronavirus pandemic has shocked the hotel industry, forcing dozens of the world’s most famous hotels to cease operations. While some closures are open-ended, others have been accompanied by a fixed reopening date, though uncertainty grows with each day as the outbreak spreads across the globe… [read more]
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