Featured On: The Market Herald

Featured On: Global Travel Media

The indefinite closure of international borders has been quite a bummer for the tourism industry, grappling to stay afloat during the murky situation. Revenues fell dramatically for the tour operators, and many cash strapped businesses continuing to innovatively transform their business models have been forced to slash thousands of jobs.
While analysts predict the ongoing scenario to be the inflection point for Australian tourism, many accede that the recovery could prove to be a long shot without necessary government interventions. Meanwhile, Australian Minister for Trade, Tourism and Investment, Dan Tehan indicated that the ban on overseas tourists could remain in force for the remaining 2021.

Featured On: Global Travel Media

A significant workforce employed in the travel sector was forced to go on the wallaby track with economic activities decimating amid lockdown and border restrictions during COVID-19 pandemic.
Since then, the recovery route for travel players has been quite bumpy as many tourists remained travel-apprehensive despite harbouring deep enthusiasm to explore places.

Featured On: The Market Herald

Australian shares faded towards a weekly loss as a fresh lockdown in Victoria compounded soft leads from the US. The S&P/ASX 200 declined 24 points or 0.34 per cent by mid-session, erasing the last of its gains for the week. The decline placed the index on track to end a see-saw week more than 15 points below where it started.

Featured On: The Market Herald

Featured On: The Market Herald