Today’s Travel Bookings May Be More Fiction Than Fact

Future bookings are beginning to recover, buoying shares of some travel and leisure companies. But investors should ask themselves just how much of that is fantasy money versus real future revenue on which they can hang their hats.

Cruise operator

Carnival


CCL 0.51%

said Thursday that bookings for the second half of next year are at the higher end of its historical ranges. At this stage of the coronavirus pandemic, that is “a compelling indication of the fundamental strength in demand” for its brand, according to Carnival.

But demand won’t always translate to revenue. Industrywide, relaxed change and cancellation policies are enabling cooped-up consumers desperate for an escape to plan a far-off vacation with little to no financial risk, giving them something to look forward to, even if they decide to call it off at the last minute.

Airlines have broadly done away with change fees, many through the end

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No luck needed as Rafael Nadal cruises to thirteenth French Open singles title

Rafael Nadal happily took his place alongside Roger Federer at the summit of men’s tennis after demolishing Novak Djokovic to win a 13th French Open title.

Sunday, 11th October 2020, 10:31 pm

Paris Mis-match: Rafael Nadal claimed his thirteenth French Open singles title with a straight sets success over his old rival Novak Djokovic yesterday.Picture: AP Photo/Michel Euler
Paris Mis-match: Rafael Nadal claimed his thirteenth French Open singles title with a straight sets success over his old rival Novak Djokovic yesterday.Picture: AP Photo/Michel Euler

The Spaniard’s brilliant 6-0 6-2 7-5 victory on Court Philippe Chatrier brought him a 20th slam title, drawing him level for the first time with his old rival.

Nadal has been dominant for so long on the Parisian clay that it seemed nothing he did could surprise, but to produce such a performance against a man who had not lost a completed match all season was breath-taking.

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Nadal hit 31 winners and made only 14 unforced errors,

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Coronavirus cases in world rising by 1 million every three days

Oct. 11 (UPI) — Nations are reporting record daily coronavirus cases, mainly in Europe after largely controlling the pandemic, with the world adding around 1 million new infections every three days.

On Saturday, a total of 355,909 new cases were reported worldwide, slightly less than the record 358,354 the day before and the fourth day in a row with more than 300,000. One-third of those new cases were in Europe.

On Sunday, Europe added 88,488 cases with 242,197 globally so far Sunday.

In all, the cases total 37,454,230, according to Worldometers.info.

Total cases passed 36 million on Tuesday and 37 million on Friday.

The death toll is 1,077,290, including an additional 5,074 fatalities Saturday. Within the past month, daily deaths have risen from a low of 3,535 on Monday, Sept. 28 while remaining short of a high of 6,447 on Sept. 2.

For several months, the United States has had

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Provocative Videos Suggest Some Australians Still Enjoying Bali Just Fine

Sweeping clifftops. Peachy panoramas. House music. Bintangs. Bikinis. Day clubs. Hipster cafes. Dreadlocks. Waves that get the world’s most blasé surfers frothing. Though our heads may be full of stereotypes, you can’t deny Australians love Bali with impressive fervor.

Not only is it the final component of the seductive Bondi – Byron – Bali triangle (Maslow clearly forgot to tell us self actualisation is impossible without having started a pyramid scheme wellness shop in Seminyak), but Bali is in many senses a holy place.

Not only is it a paradise we go to escape, unwind, and start businesses in, but it’s also a trip down memory lane, feeling, if not like Bali in the 70s, a little like Australia in the 70s (before health and safety legislators went nuts).

For these reasons (and more) many Australians have moved to Bali permanently. And after the pandemic sparked a global shutdown

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These travel plays may boost your portfolio with one major exception

IHT Wealth Management’s Yussef Gheriani believes now is a good time to consider adding travel plays to portfolios.

Between cabin fever related to the pandemic and optimism surrounding effective coronavirus treatments, Gheriani speculates bookings will start meaningfully rising within the next couple of months.

“People are going to be sitting down at home saying ‘Okay, it’s snowy outside. I want to get out. I need to get somewhere. I need to do something.’ And, they’re going to start booking those trips,” the firm’s director of investments told CNBC’s “Trading Nation” on Friday. “As an investor, you want to be positioned ahead of the company even starting to get the bookings.”

According to Gheriani, most travelers will look to book trips for late spring and the second half of next year — not the December holiday travel season. But he doesn’t think it will matter due to pent up demand.

“The

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Early Prime Day laptop 2020 deals: Samsung Galaxy Book Flex for $1,200, Asus ZenBook 14 for $830, Dell Inspiron 7000 2-in-1 for $900 and more

This story is part of Amazon Prime Day, CNET’s guide on everything you need to know and how to make sure you get the best deal.

If you are looking for a deal on a new laptop and don’t want to wait until November for Black Friday, you’re in luck because Amazon Prime Day 2020 arrives this Tuesday. Even better news, you don’t need to wait until then to get a great deal! Amazon is running a laptop deal right now that is Prime Day-level good, and Newegg has a laptop discount of its own worthy of your attention. The best deal is at Best Buy, however, where you can save $400 on Dell’s flagship 2-in-1 laptop.

So if you don’t want to wait for the Amazon Prime Day sale and are looking for a great laptop deal now, or if don’t have an Amazon Prime membership, take

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Premier League at war! ‘Big Six’ power grab sparks major conflict in top-flight and Football League

The Premier League descended into civil war on Sunday following the emergence of secret plans for a radical restructure of the top flight hatched by Liverpool and Manchester United.

On an extraordinary day, the Premier League executive also launched a scathing attack on EFL chairman Rick Parry for supporting Project Big Picture, which would cut the division to 18 clubs, restrict relegation and give the Big Six unfettered power to make further changes.

The Government condemned those involved for indulging in a ‘backroom deal that would create a closed shop at the top of the game’.

The Premier League went into civil war as plans for ‘Project Big Picture’ were revealed 

Liverpool, ran by John W Henry (left), are looking to reduce the league from 20 teams to 18

Liverpool, ran by John W Henry (left), are looking to reduce the league from 20 teams to 18

The open hostility of the Premier League and many of their clubs to proposals developed by Liverpool owner John Henry and

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A clandestine road trip powers Jessica Barry’s skillful second thriller

Authors of mystery novels and domestic thrillers tend to follow an old etiquette rule: in polite society, avoid talk of religion and politics. That may sound quaint, but many of us read these sorts of books with the expectation that our minds will be troubled by no more than the crisis on the page. “Don’t Turn Around,” the sophomore effort by Jessica Barry (“Freefall“), a pseudonym for a former publishing industry insider who now lives in Portland, entwines a tale of suspense with topical subject matter, and the result shows that she has both the courage of her convictions and an impressive cut to her imagination.

Cover courtesy of HarperCollins

As “Don’t Turn Around” opens, it’s about midnight, and 25-year-old Cait Monaghan is parked in her Jeep in front of a McMansion in Lubbock, Texas; the house “wasn’t what she was used to, though by now she knew that she

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Utilizing Food Safety Audits to Ensure Brand Integrity Through the COVID-19 Pandemic




SIGNATURE SERIES |

October 12, 2020

Utilizing Food Safety Audits to Ensure Brand Integrity Through the COVID-19 Pandemic

By NSF International





Utilizing Food Safety Audits to Ensure Brand Integrity Through the COVID-19 Pandemic

With waves of COVID-19 outbreaks driving the daily cadence of business around the world, maintaining and building on customer relationships is key for success moving forward into the post-COVID-19 business environment. Throughout the pandemic, audit specifiers have moved through phases of “wait and see” to an “all or nothing” mentality that on-site audits were the only way to assess a supplier, and finally on to the most recent embracing of remote or “virtual” audits.  With the limitations of travel and auditor resource limits predicted to last into early 2021, drivers for a line of sight into food safety practices of manufacturers through a second- or third-party audit remain strong.


With consumers staying close to

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Global Travel and Entertainment Cards Market Procurement Intelligence Report with COVID-19 Impact Analysis

The Global Travel and Entertainment Cards market will register an incremental spend of about $251 billion, growing at a CAGR of 5.73% during the five-year forecast period. A targeted strategic approach to Global Travel and Entertainment Cards sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201011005023/en/

SpendEdge has announced the release of its Global Travel and Entertainment Cards Market Procurement Intelligence Report (Graphic: Business Wire)

Key benefits to buy this report:

  • What are the market dynamics?

  • What are the key market trends?

  • What are the category growth drivers?

  • What are the constraints on category growth?

  • Who are the suppliers in this market?

  • What are the demand-supply shifts?

  • What are the major category requirements?

  • What are the procurement best practices in this

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