Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Lockdowns throw travel plans into chaos | ticker VIEWS

Published

on

The domestic travel market in Australia has been recovering quite well in recent months, but is that all about to change?

Recent lockdowns in Australia are threatening the travel market as states close borders to one another.

A growing cluster in New South Wales has spread to other parts of the nation, with Queensland, Darwin and Perth now facing troubled times.

Four cities have been declared hot spots and are now in lockdown.

Other surrounding states such as Melbourne, Victoria have snapped the border shut to infected states in hopes to curb the spread.

But this recent uptick in cases in a nation that once prided itself on managing the virus, is bad news for the travel market. Airlines, hotels and destinations that rely on tourists to earn a dollar, are right now anxiously awaiting what governments next announcement.

Flights grounded, again

Hundreds of flights right around Australia have been cancelled as borders are snapped shut, meaning passengers either dump holiday plans or spend two weeks in quarantine or simply, cop a fine from police for crossing the border (that’s if they don’t have permits).

Airlines will now have to cop the financial losses with customers forced to cancel travel arrangements, further resulting in airline crews again being stood down.

Travel agents in overdrive

Travel agencies around Australia are now working overtime to rebook passengers and for some, assist them with cancellations.

Lauren McLean of Flight Centre Australia says during these times of uncertainty, it has never been more important to book through an agent.

That’s because travel agents have the power and ability to bargain with airlines and hotels on refunds and policies to best suit the customer, meaning they do the nitty-gritty.


“We are on the phones with airlines all day”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Leaders

Niche accountants proving essential to e-commerce success

Published

on

Expert explores the key benefits of partnering with accountants who specialise in niche industries.

In today’s fast-paced digital world, having an accountant who understands the intricacies of e-commerce can make all the difference in your business’s success.

Specialist accountants understand the specific needs of e-commerce businesses, helping to maximise tax savings, streamline operations, and improve financial health.

Niche accountants can identify opportunities to scale, optimise profit margins, and implement strategies that align with your business goals, ultimately drive growth.

Chris Rivera, Founder of The Ecommerce Accountants, joins to share his key insights into the industry.

#featured

Continue Reading

Money

Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

Published

on

Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

Continue Reading

Money

Financial stress deemed a leading cause of relationship breakdowns

Published

on

Expert insights on preventing financial conflicts and keeping relationships thriving

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

In this episode, Andrew is joined by Dee Tozer, Couples Master Coach.

#investment insights

Continue Reading

Trending Now