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Tourism & Leisure Industry Signs Deals Worth $7.52bn | Travel News

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JoinMyTrip has you covered! In today’s travel news, the tourism and leisure industry signs deals worth $7.52bn in Q4, 2020.

Here is the most important travel news from around the world that we would like to share with you. Watch our daily YouTube Travel News Show, so you can stay informed every day. If you happen to have missed the previous episode, make sure to check that out too!

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17th of March 2021

Europe pledges to achieve a net-carbon economy by 2050

Europe has pledged to achieve a net-carbon economy by 2050 under the EU green deal. So, the aim is to reduce 90% emissions for transport. The European Pilot community has called for a ramp-up of Sustainable Aviation Fuels (SAFs) as a scalable, long-term solution to decarbonize aviation. 

Emirates and TAP Air Portugal sign Memorandum of Understanding

A Memorandum of Understanding has been signed between Emirates and TAP Air Portugal. This partnership will benefit customers of both airlines with seamless connectivity to many routes across the US, North Africa, and East Asia

Tourism and leisure industry signs deals worth $7.52bn

In Q4 2020, deals worth $7.52bn were signed in the tourism & leisure industry cross border M&A. Europe held the top position, with the total announced deals in the period worth $3.9b. 

US-Canada border will not reopen anytime soon

Canadian Prime Minister said the USCanada border will not reopen anytime soon because of the current covid situation. There are plans in the future but not anytime soon. 

WTTC pushing governments to facilitate business travel

The World Travel & Tourism Council (WTTC) is pushing governments to facilitate Business Travel. They have also announced plans to conduct safety measures in order to control the spread of viruses during travel. So they are introducing comprehensive, rapid, and cost-effective testing at airports. 

Fun travel fact: Apparently, travel is proven to increase creativity. So, you know what you need to do if you want some inspiration. 

Source: Travel Daily News and Travel Plus.

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