Episode 4: The Lights are Out in the Travel Sector – Will They Ever Go Back On?

May 29 05:05 2020 Print This Article

Many sectors have been impacted by the pandemic, but none more completely than the travel sector. One week is was functioning at full capacity, and then the next the lights had completely gone out, or so it seems. When they go back on, they will shine on a completely different sector, one is which work roles have changed quite dramatically.

To get some perspective on where travel and its workers are headed, in this episode we talk to two guests with slightly different vantage points.

Will Seccombe is President of Connect Travel, a company that handles Event Market for B2B Businesses in the travel sector. He actually plans to do his next event in August 2020, albeit it will be one that involves N95 masks and lots of sunshine to kill germs. When he thinks of the workers in the sector, he foresees different roles for them, perhaps with staggered hours. He is bullish though, and thinks that travel will always be an important sector.

Read More

About Article Author

Relentless Economics

Linda Nazareth, author of Relentless Economics, is an economist, author, broadcaster, and speaker. The Senior Fellow for Economics and Population Change at the Macdonald-Laurier Institute and a frequent media commentator, she is an expert on demographics and trends, and uses a wide range of media to communicate her observations about a world in transition. For twelve years until 2012, Linda was the in-house economist for Business News Network (BNN), the business cable arm of CTV (Canada’s biggest private sector broadcaster). Daily she covered the economic news of the day on-air, looking at the markets and the economic indicators and giving viewers analysis and context.

Related Items

Don’t write an obituary for shipping’s dirtiest fuel

High sulfur fuel oil, once the cheap staple diet of the shipping industry, has been usurped by an abundance of low-cost, premium quality bunker fuel. That’s led to seafarers freezing orders for equipment to remove the sulfur from HSFO and maximizing compliant fuels. But don’t write off shipping ...

Question and Answer session on The Citizen’s Guide to Climate Success

Here is the video recording of my Question and Answer session on The Citizen’s Guide to Climate Success on May 12, 2020. Thank you to the group, Climate Crisis Legislation Needed Now, particularly Ken Johnson and Kathleen O’Hara. ...

Episode 118: The Business Case for Deep Fakes with Descript’s Kundan Kumar

Deep Fakes are incredibly realistic impersonations that blur the line between truth and fiction. So what happens when the tech to make them is available to everyone? We’re about to find out. Kundan Kumar is our guest on this episode of the Georgian Impact Podcast. He is co-founder of Lyrebird AI, ...

CDPQ's 2019 Annual Report

Caisse de dépôt et placement du Québec (CDPQ) just released its 2019 Annual Report:Caisse de dépôt et placement du Québec (CDPQ) today released its Annual Report for the year ended December 31, 2019, a little later than usual due to the exceptional situation related to COVID‑19. In addition ...

Episode 4: The Lights are Out in the Travel Sector – Will They Ever Go Back On?

Many sectors have been impacted by the pandemic, but none more completely than the travel sector. One week is was functioning at full capacity, and then the next the lights had completely gone out, or so it seems. When they go back on, they will shine on a completely different sector, one is which ...

“E” vs “SG” in ethical investing: how sustainable is mollification-by-cherrypicking

In the great game of whack-a-mole that is capital raising in Canada’s oil patch, it must be frustrating, for those whose full-time job when there isn’t a global pandemic is whacking the moles of ESG criteria on which they feel their companies may be vulnerable to criticism and hence subject to ...

Market Update: Investors Optimistic as Global Economies Reopen

The quickest bear market in the history of the US S&P 500 turned into the best 50-day bull market rally in history in May. By market close on June 3, 2020, the S&P 500 Index was up 37.7% from its March 23, 2020 low. This bullish investor sentiment has been based on the continued decline in new coro ...

Did wind-generated electricity displace gas-generated electricity in Ontario in June 2019?

Financiers of green energy projects often claim in public filings that the energy generated by the projects they have financed has avoided some definite number of tons of CO2 emissions. Run the numbers, and you usually find they have assumed some annual capacity factor, say 35 percent in the case o ...