A total of 115 deals were announced in the global travel and tourism sector during August 2020, which is an increase of 4.5% over 110 deals announced during the previous month, according to GlobalData, a leading data and analytics company.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “August marks the third consecutive month of growth in deal activity for the sector. This also assumes more significance as the travel and tourism sector remains one of the worst hit industries due to the COVID-19 pandemic and has witnessed several months of decline in deal activity in 2020.

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Europe’s biggest club festival taking a hybrid format from 16 to 19 September 2020
As the world’s first music festival of its size, this year’s Reeperbahn Festival in Hamburg will be held despite the pandemic. In full compliance with the hygiene and social distancing rules that are currently in place, up to 2,300 visitors will be able to enjoy live music each day from 16 to 19 September. The programme includes a total of 120 gigs on some 30 live stages in the clubs, theatres and open-air venues in St Pauli, Hamburg’s popular entertainment district. With this redesigned event format, Hamburg is setting international standards for the music industry, while at the same time showcasing towards the end of the open-air season how cultural events can be staged under real conditions, and especially indoors.

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This month, Thai Airways International Public Company Limited (THAI) will operate 18 special flights to five European destinations (Munich, Frankfurt, London, Paris, and Copenhagen) and two Asian destinations, which are Taipei and Hong Kong.
Mr. Wiwat Piyawiroj, THAI Executive Vice President, Commercial, said THAI will operate special flights for passengers with business, education, and travel needs, as well as residents of Europe, Taiwan, and Hong Kong stranded in Thailand.

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The surge in domestic tourism following COVID-19 has not curtailed as holiday-makers turn to staycations over international travel. This domestic tourism, which was once a knight in shining armor met with gratitude by residents in European hot spots, is now a cause for despair as they see the all-too-familiar scenes of overtourism, says GlobalData, a leading data and analytics company.

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Stafflink Services Pte Ltd, is searching for Japan
Salary: SGD 8000 – SGD 12000
Job Description:
Our client is an established real estate group and spanning across residential, commercial, hospitality & retail sectors.

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TUI’s optimism for 2021 should be noted with caution amid refund confusion and UK’s air bridges putting strain on industry recovery, says GlobalData. Following the announcement of TUI’s Q3 2020 results, Johanna Bonhill-Smith, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers her view:
“The news that bookings for Summer 2021 are up by 145% at TUI strike a note of optimism, but caution is still necessary as numerous customers continue to await refunds.

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