Tag: Travel Industry

Anthea Hammon, Managing Director, Scenic World; Director Hammons Holdings

Anthea Hammon, who is speaking at Travel IQ 2018, is the Managing Director of Scenic World, a third-generation family business which has been operating in the Blue Mountains for over 70 years. As Australia’s most visited privately owned tourist attraction that welcomes over one million visitors annually, Anthea has led the company through a strong period of growth and […]

Accor CEO Sebastien Bazin says business travel down 10% long term

Accor CEO Sebastien Bazin believes business travel will “never return to the new normal” and that in the long term corporate numbers likely sit around 10% less than they were pre-COVID. Short term, until mid-2021, he estimates business travel will be down 25% to 30%. “Longer term, my expectation is going to be it will […]

Travel back to (almost) normal by 2024

Macquarie Research has brought forward its travel industry recovery profile by 6-9 months due to the rollout of global vaccines in its latest analysis of the Flight Centre business. “We forecast 85% Total Turnover Value  recovery (of pre COVID-19 levels) in FY24 (FY21: 30% recovery, FY22: 55%, FY23: 75%), with more emphasis expected on domestic […]