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Press and Media Mentions

Feb
24
2021

How tourism-dependent countries are charting out travel recovery path

Featured On: Global Travel Media

Rollout of vaccination programs across countries has been a significant boost to travel recovery. The travel and tourism scenario remained bleak in 2020 due to border restrictions and health risks.
With recovery en-route, a few countries are re-opening borders for travellers to accelerate travel reboot.

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Feb
24
2021

ASX Update: Shares fall, dollar hits 3-year high

Featured On: The Market Herald

The share market erased yesterday's gains as the dollar hit a three-year peak and the tech sector a six-week low following a volatile night on Wall Street. The S&P/ASX 200 slumped 63 points or 0.9 per cent by mid-session. Slender gains in Woolworths, NAB and Brambles were outweighed by declines in tech stocks, miners and the rest of the banks.

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Feb
22
2021

Will ASX travel stocks follow Webjet’s rocky path or ride smooth this reporting season?

Featured On: Global Travel Media

Travel companies are embracing encouraging transitions to boost the overall tourism industry. A mixed bag seems obvious currently- while Webjet posted over 90% decline in the revenue amid the fierce COVID-19 headwinds, vaccination programs are a bright spot for international border relaxations.

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Feb
19
2021

ASX Update: Weekly gain shrivels under US heat

Featured On: The Market Herald

The share market unwound its gains for the week as negative leads from Wall Street outweighed positive trading updates from Cochlear, Goodman Group and QBE. Declines in oil companies, banks and miners pulled the S&P/ASX 200 down 73 points or 1.05 per cent. Technology was the only sector to resist the downdraft, thanks to a rebound in BNPL firms.
The setback slashed the index's tally for the week to six points or 0.1 per cent.

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Feb
19
2021

ASX Close: Flight from risk erases weekly gain

Featured On: The Market Herald

A "risk-off" session saw the ASX erase its gains for the week as dives in oil and US futures pushed traders to the sidelines. A week that began with back-to-back advances and a mid-week 11-month high ended in messy retreat. The S&P/ASX 200 slumped 92 points or 1.34 per cent.
The loss drove the index 13 points or 0.2 per cent lower for the week. This afternoon's close was the weakest since February 4.

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Feb
17
2021

Taking a trip amid COVID-19? Skim through this safety & budget-friendly guide!

Featured On: Global Travel Media

The hard-hit Australian travel industry is rebooting to improve economic scenario and growing urge among people to explore destinations once again. The rollout of vaccines can prove to be a significant boost in enhancing the travel scenario. Amidst the pandemic, travel lovers should have the safety and cost considerations before taking up any trip.
 
The pandemic hit the pause button on travel plans, sending Australia’s tourism settings to go off the rails. Although the rebuilding process commenced immediately following the early relaxations in lockdown, travel players may have to hold their horses to see tourism rise to pre-COVID levels.
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