Follow RT on Facebook’s CFO is concerned that as more people get vaccinated against the novel coronavirus, they’ll be less likely to click on Facebook ads and more likely to seek out travel and non-sedentary pursuits.
CFO David Wehner suggested on Tuesday that users’ cash will end up in the pockets of
“services like travel,” as more people get vaccinated for Covid-19 and fewer have any reason to stay home ordering goods they’ve seen advertised on Facebook.
Speaking at the Morgan Stanley Technology, Media and Telecom Conference, Wehner declared that while it was a bit early to prognosticate for 2021 given the
By: CBS News
The beaten down travel industry is showing signs of life as coronavirus vaccines allow homebound Americans to start thinking of hopping a flight.
Melissa Biggs Bradley, founder of Indagare, a membership-based travel company that operates its own tours around the world and that had seen 14 straight years of growth before the pandemic, said new bookings fell to zero as COVID-19 took hold. By June 2020, sales had plunged nearly 100% compared to the year-earlier period.
In recent weeks, however, business has started to pick up. I had three phone calls today with people who said, I haven t travelled in a year, I got both of my vaccinations, where am I going? Bradley told CBS MoneyWatch.
Tablet Hotels Survey: Consumers Optimistic About Travel In 2021
Tablet Hotels, the hotel experts at the MICHELIN Guide, today revealed new data that shows consumers are feeling increasingly optimistic about travel in 2021, with the number of travelers booking stays 90 or more days out growing 208% over the November 1–December 9 period versus the prior four-month period. The data indicates there is significant pent-up demand for travel and that consumers are growing more confident about traveling safely again in the new year as global vaccine efforts accelerate.
The company also announced the launch of the Tablet Recovery Pledge, which is designed to provide travelers with more information about the enhanced safety measures participating hotels are taking to help prevent the spread of the novel coronavirus. More than 1,000 of Tablet s partner hotels have taken the pledge and confirmed they are acting responsibly to support the health and well-being of guests and staf