Global tourist industry faces struggle ‘for well over a year’

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Travel stocks came under pressure in London this morning as wider economic tensions between the United States and China suppressed global markets. Analysts raised the prospect of tourism taking well over a year to fully recover to pre-pandemic levels, knocking shares in leading airlines, cruise companies and hotel chains. Intercontinental Hotels Group was among the largest fallers, declining by 5.7 per cent, or 201p, to £33.42, after Deutsche Bank predicted that demand could “take some time to revive”, meaning that a full recovery “could well be into 2021 and beyond”. “While the broader market seems to be factoring in a…

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NY Times’ “The Morning Briefing” names Leonhardt as its new host/writer

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The New York Times has announced that its flagship morning newsletter, “The Morning Briefing” will now be anchored by David Leonhardt.The news was announced to staff in the following memo:“Quietly, our flagship email newsletter, The Morning Briefing, has become one of our biggest and most important news products. The newsletter now has more than 17 million subscribers, one of the largest daily audiences of any kind in journalism, across television, radio, print and digital.“That’s why we are turning to one of our most authoritative and nimble journalists to take the helm. We are thrilled to announce that David Leonhardt will…

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