Hints and tips:
...Travel by train to Modane (direct services from Paris Gare de Lyon take as little as four hours 36 minutes) before a 30-minute taxi or bus to the homespun comfort of Hotel Saint Charles in Val Cenis, the...
...of the Train Bleu), the Sud Express, the Rome and Simplon Expresses — all part of that great narcotic conspiracy, with its cashmere blankets, pressed linen and soft illumination, the W-L trademark being...
...Ukrainian president Volodymyr Zelenskyy may travel to Manhattan to address the assembled delegates....
...Dude ranches In the Rockies west of Denver, the C Lazy U ranch has been welcoming visitors for a taste of cowboy life since the 1920s....
...Hannah Kuchler Travel Trend to watch Travel will be more expensive. Many airlines, particularly low-cost carriers, have been keeping fares low to stimulate demand during the pandemic....
...I think the extent to which, really, Putin has become the state, it's like maybe - I might be getting the French king wrong, but I think it's Louis XIV who said, l'etat c'est moi - I am the state....
...Optimists, including most politicians and some central bankers, hope the recovery will not resemble a U or an L shape, but a V for victory. Market indices appear to agree....
...Inter-continental and corporate travel look certain to recover later than continental/leisure travel. We have revised our estimates for the three main European network airlines....
...to the hair salon and travel retail channels....
...returning capacity to service, airline stocks have meaningfully bounced from their April lows....
...HSBC has some discussion about V and W shaped recoveries; its own model resembling “the Nike swoosh” is made by combining a proper V in mainland China forms and more of an L among Western European and American...
...The risk, we believe, is then to the upside of that number (we don’t see any material change in attitudes to travel coming from C-19)....
...Increased focus on the home, reversing some L-T adverse trends....
...(iii) But the standouts were the tight operational controls with discretionary spend falling away – i.e. a c£5m travel spend falling to very little and less use of sub-contractors and of course salary sacrifice...
...V, U, or L? The nature of Covid-19 growth impact means that some elements – e.g., production resumption, inventory restocking, and travel normalisation – would lend a natural rebound to growth....
...We do not have visibility on IAG’s liquidity situation at the airline level....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...Softer trends in March and April reflect a recent delay of spend by travel advertisers....
...increased demand for specialist hygiene services, particularly hygiene disinfection services....
...ITV has already reported that weaker advertising in Airlines and Travel (5% of advertising, 91m) contributed to a prospective 10% fall in ad revenues in April....
...GK says it offers services including interior design, communication and “vision”....
...And GTA V’s publisher Rockstar has a history of delaying titles in the name of quality; GTA V, Red Dead Redemption, RDR2, Max Payne and L.A. Noire were all delayed....
...We forecast c.10-15% FY20 earnings decline in Construction, but Support Services should be more resilient....
...In India, air travel was considered a luxury — transportation for the privileged — rather than a basic service in a modern economy....
...The regulatory approval represents an important milestone in the process, announced last year, to launch a cash tender offer for Delta’s acquisition for up to 49 percent of Grupo Aeromexico S.A.B. de C.V...
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