Hotel industry after COVID-19
Samson Echenim
April 8, 2020
The resiliency of the hotel industry will help it rebound as the effects of the coronavirus ebb, according to GlobalData, a data and analytics firm. “It is imperative that hotels across the globe remember how they have overcome a range of past crises, such as natural disasters, the SARS outbreak and acts of terrorism when […]
IATA says airlines will post $39bn loss in Q2
Businessam StaffApril 1, 2020
The International Air Transport Association says airlines may burn through $61bn of their cash reserves during the second quarter ending 30 June, 2020 while posting a quarterly net loss of $39bn. The association said on Tuesday that the new analysis was based on the impact assessment it released last week, under a scenario in which […]
Lagos hotels closing up
Samson EchenimMarch 31, 2020
Several hotels in Lagos, Nigeria’s biggest business hub have shut down over growing coronavirus concerns. Travels & Hospitality monitored the development and found many hotels have closed down temporarily, while those left open continue to operate at skeletal level. Hotels which have temporarily shut down include Stopover Motel, a four star hotel on Airport […]
40% of companies expect business travel to rebound in 3 months
Samson EchenimMarch 31, 2020
A new lightning poll conducted by the Global Business Travel Association (GBTA), which surveyed members from 1,155 companies between March 18-21, has shown that 40 percent of company CEOs expect business travels to peak up again in three months after the coronavirus crisis. A surprising 40 percent of those surveyed said that they expect business […]
Nigerian airlines defy FAAN suspend operations, local airports shut down
Samson EchenimMarch 31, 2020
Virtually all Nigerian airlines, Arik Air and Dana Airline, Aero Contractors, Azman and Max Air have all suspended scheduled commercial flight operations, despite claims by the Federal Airports Authority (FAAN) that local flights could continue unhindered. FAAN had in a statement indicated that Nigerians could still travel within the country by air after all international […]
Arik, Dana airlines suspend operations
Samson EchenimMarch 26, 2020
Nigerian airlines, Arik Air and Dana Airline have suspended scheduled commercial flight operations. Arik Air on Wednesday announced a temporarily suspension of all scheduled commercial flight operations effective 23:00hrs on Friday, March 27, 2020. The management of the airline took this decision in order to mitigate the risk of the spread of Coronavirus (COVID-19) to […]
No COVID-19 patient at our facilities —Hotel du Golf
Samson EchenimMarch 25, 2020
The management of Hotel Du Golf in Aba, Abia State has refuted a report trending on social media which alleged that a Lebanese guest at the hotel was diagnosed with the dreaded coronavirus, saying the report was a fake news circulated by some unscrupulous elements to cause panic at the hotel and in the state. Olamilekan […]
Air Peace suspends operation after coronavirus scare
Samson EchenimMarch 25, 2020
West Africa’s largest carrier by fleet, Air Peace has announced that it would suspend operation on Friday, March 27, 2020. The airline is suspending operation after a coronavirus scare video trended on social media that the airline had on its flight, a passenger with symptoms of coronavirus. The airline has however, denied the allegation, clarifying […]
We’ve lost over N180bn to coronavirus, Nigerian travel agencies cry out
Samson EchenimMarch 25, 2020
By: Samson Echenim …as Lagos international airport sees fewer travellers Travel agencies in Nigeria say they have lost over N180 billion following the outbreak of the coronavirus. The National Association of Nigerian Travel Agencies (NANTA),an umbrella body of the travel agents operating in Nigeria, put the losses incurred by its members at N180 […]
Coronavirus: Nigeria goes against the tide, exports back to China
Samson EchenimMarch 21, 2020
By Samson Echenim Global air cargo demand down 3.3% Nigeria is doing massive exportation of nose masks, thermometer and medical test materials to China through air transport. Exportation of these materials is currently the big business at the cargo section of the Murtala Mohammed International Airport in Lagos. Business a.m. also gathered that […]