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Industry Trend Alert: Anti-microbial Tech for Travel
TGA
Read Going Viral: Anti-microbial Tech in 2021 for a fast, practical introduction to the most common treatments molded into plastics, woven through fabric or bonded to luggage surfaces. Then browse the gear – from gym bags to toothbrush cases, and luggage to masks – that utilizes each technology, providing long-lasting protection and peace of mind.
TGA Tells U.S. and European Union to Halt All Tariffs
TGA
On January 25, TGA joined 71 associations in urging the European Union (EU) and the U.S. to remove all current and suspend all future retaliatory tariffs affecting or threatening Trans-Atlantic trade.
Under Biden, China Faces Renewed Trade Pressure
ASSOCIATED PRESS
The U.S.-Chinese trade war isn’t going away under President Joe Biden. Biden won’t confront Beijing right away, economists say, because he wants to focus on the coronavirus and the economy. But he looks set to renew pressure over trade and technology grievances that prompted President Donald Trump to hike tariffs on Chinese imports in 2017. READ MORE
An “Aggressive” Fight Over Containers is Causing Shipping Costs to Rocket By 300%
CNBC
A critical shortage of containers is driving up shipping costs and delays for goods purchased from China. The pandemic and uneven global economic recovery has led to this problem cropping up in Asia, although other parts of the world have also been hit. Industry watchers said desperate companies wait weeks for containers and pay premium rates to get them, causing shipping costs to skyrocket. READ MORE
U.S. “Actively Looking” at Mandating COVID-19 Testing for Domestic Air Travel
REUTERS
The Biden administration is “actively looking” at expanding mandatory COVID-19 testing to travelers on U.S. domestic flights, a senior Centers for Disease Control and Prevention official said earlier this week. READ MORE
Testing Requirement is the Latest Curveball for the Travel Industry
THE NEW YORK TIMES
The U.S. now requires a negative coronavirus test for all arriving international travelers, which has hotels adding testing suites and airlines enhancing mobile apps with health features. READ MORE
CMOs: Adapt Your Social Media Strategy for a Post-Pandemic World
HARVARD BUSINESS REVIEW
The Special COVID-19 Edition of The CMO Survey found that social media has become critical to marketing during the pandemic. The survey reported that social media spending has increased from 13.3% of marketing budgets in February 2020 to 23.2% in June 2020 – a 74% lift. Meanwhile, spending on traditional advertising is projected to decline, as CMOs estimate a 5.3% reduction in traditional advertising channels in the next 12 months. READ MORE
U.S. Air Travel Falls to 6-Month Low as COVID Infections, Travel Restrictions Hinder Recovery
CNBC
U.S. airport screenings fell to the lowest level in more than six months as COVID-19 infections climb and the Biden administration introduces new travel restrictions. The Transportation Security Administration screened just 468,933 people at U.S. airports on Tuesday, down 71% from a year ago when more than 1.6 million people went through those checkpoints. It was the fewest number of screenings since July 4, the TSA said. READ MORE
The Key Trends for Retail and E-Commerce in 2021
TOTALRETAIL
As we begin a new year, it’s a good time to take a look at what lies ahead for retailers and online merchants. While COVID-19 brought many retailers to the breaking point in 2020, it also accelerated retail technology trends that had already been infiltrating the industry over the years. Here are some of the key trends the industry should expect to see accelerate in 2021. READ MORE
Amex Predicts to See a Rush of People Travel This Summer
SKIFT
American Express said on Tuesday it expects an uptick in holiday travel this summer, but not business travel, as it seeks to recover from a year which dented airline traffic and hotel bookings, knocking 15% off its bottom line. The New York-based company still beat Wall Street estimates for profit as it lowered credit loss reserves and benefited from higher online spending by consumers stuck at home. READ MORE
3 Retail Strategies to Drive Growth in 2021
INC.
Small businesses in the retail industry have new rules to play by if they want to succeed in the post-COVID-19 era. In-store innovations such as contactless shopping and new e-commerce experiences will help retailers differentiate and grow in 2021 and beyond. That’s according to Deloitte’s 2021 Retail Industry Outlook, which surveyed 50 retail executives about trends in the industry. Here are three growth strategies for retailers in 2021 cited in the report. READ MORE
Good Leaders Lose with Grace
HARVARD BUSINESS REVIEW
Leaders – whether in politics or business – are understandably focused on winning. To come out on top is an inherent human desire; it shows we have impact and yields both financial and psychological rewards. Countless management books preach about how to win customers, form winning teams, and beat the competition. Losing – control, face, status, job, power, wealth – remains anathema. Here are four ways that leaders can demonstrate how to lose well. READ MORE
Book Now, Pay Later: the New Trend That’s Reshaping Travel During the Pandemic
USA TODAY
Even before the COVID-19 pandemic put the brakes on travel, “book now, pay later” deals and third-party services were gaining in popularity with travelers. But in this era of pent-up travel demand and general uncertainty about how and when life and travel will return to normal, the notion of putting a future vacation on layaway suddenly makes a lot of sense – and many travel providers are taking notice. READ MORE
TRENDING ARTICLES
Missed last week’s issue? See which articles your colleagues read most.
- TGA Victory on Vietnam Tariffs…for Now (TGA)
- Your Membership is PACKED with Value (TGA)
- Mask Mandates and Travel Bans: What We Can Expect to See from the Biden Administration Regarding Travel (THE POINTS GUY)
- Biden to Quickly Sign Orders Mandating Masks, Reversing Trump Travel Ban and More (NPR)
- FACT SHEET: Biden Releases Fiscal Plan, Including $1400 Checks for Individuals (KRWG PUBLIC MEDIA)