The four most interesting forecasts for the travel industry in 2020

first_imgAmazon has been interested in the travel sector for years, and next year there is a possibility that this company will enter it through the big door. With Expedia currently in a mess and still looking for a new CEO and CFO, after the duo stepped down in early December, a deep-pocket company like Amazon could buy the Expedia Group and its travel companies “cheaply” companies. Amazon buys Expedia, TripAdvisor joins Trip.com Airbnb will indeed launch some sort of flight-related service in 2020, but it will do so in their own way. After all, Airbnb has hired Fred Reid, the former CEO of Virgin America, as the global director of air transport to help achieve that goal. Given that the company plans to launch a public offering in 2020, Airbnb intends to show investors that there is room for growth and intends to become a “more complete” travel solution. Also, Expedia has had problems with Google, and Amazon is the best example of a company that can stand up to Google. Hotel brands are gradually disappearing Meanwhile, Ctrip, which was rebranded as Trip.com Group, entered into a joint venture with TripAdvisor in 2019 to expand into markets outside of China. TripAdvisor continuously develops its tours, activities and restaurant reservations and has top-notch user-generated content. However, their hotel reservation system is used rather poorly. Ctrip could greatly expand its global image and brand and “use” TripAdvisor, according to Skift. Ever since Airbnb introduced the word “flights” in its presentation back in 2016, it has been speculated that the company’s entry into the flight market is just around the corner. Airbnb launches a flight booking service Another decade is behind us, and Skift’s team of editors and journalists outlined predictions and expectations in the tourism and travel sector for 2020. Although some of them may be unusual and difficult to achieve, the most interesting and relevant ones will be presented in this article. Source / photo: Shift; Pixabay People will think more about the number and necessity of travel We have not witnessed a large consolidation of catering companies since 2016 when Marriott International bought Starwood Hotels & Resorts and thus became the largest hotel company in the world in terms of number of rooms. Accor also rocked things that year with the purchase of Fairmont, Raffles and Swissôtel brands and a stake in the 21c Museum Hotels boutique brand. The French hotel giant bought Mövenpick Hotels & Resorts last year, which has 90 properties worldwide. Meanwhile, rumors are circulating that Marriott or the InterContinental Hotels Group will try to buy Accor. What’s going on here? We are far from the time when passengers had very few options where to stay on the trip, and now there are too many of them. Marriott has 30 brands, and Accor as many as 39, and it is predicted that next year we will witness the overlap of certain brands and the consolidation of hotel companies. Certain types of travel industry clients are expected to target quality rather than quantity. This could manifest in several ways: people will set the upper limit on the number of trips per year, consider alternative ways of traveling, or combine business and private travel to reduce the number of flights. Travel has so far been largely exempt from conscious consumerism because actions like buying organic vegetables or cycling to work contribute to someone’s quality of life, that is, inspire. On the other hand, not going on vacation seems like a big sacrifice to wealthy consumers. However, with the rise of the so-called “shame of flying”, awareness of environmental issues and taxation of frequent flights in the UK, this will begin to change. People will still want to travel, but will think more deeply about the number and necessity of travel. Passing that awareness on to your friends and companions will become more widespread – and status in itself.last_img read more

Senegal: Cairn preparing SNE FPSO tender

first_imgCairn Energy, a London-listed oil company, has shed some light on the development progress of its large SNE oil discovery offshore Senegal.The company said on Monday detailed planning was underway for the for phased development of SNE field using a standalone FPSO with subsea wells and expansion capability.According to Cairn, engagement with major contractors has started prior to formal tendering for the FPSO and subsea infrastructure later this year.The transfer of operatorship to Australia’s Woodside for the development phase is planned to take place next year with Cairn continuing exploration activities on the acreage.The JV plans to submit an evaluation report and exploitation plan to the Government of Senegal in 2018. The Front End Engineering and Design (FEED) is also planned to start next year with a FID targeted before the end of 2018.Cairn estimates that the first phase of the SNE development will target ~240mmbbls principally in the S500 lower reservoirs with an initial target plateau of 75,000-125,000 bopd (dependent on FPSO capacity). The initial well count is up to 25 with oil producers, water and gas injectors. First oil is targeted from 2021 to 2023.The subsequent development phases will target the S400 upper reservoirs and additional areas, with current Cairn estimates of an additional well count of 40 wells, with 20 producers and 20 water injectors.The current SNE development plans assume gas re-injection during initial development with the potential for gas export in later phases. It is estimated that the SNE field holds more than 1 TcF recoverable non associated gas and 0.3 TcF of associated gas.Cairn (Operator) has a 40% WI in three blocks offshore Senegal (Sangomar Deep, Sangomar Offshore and Rusique Offshore) alongside partners, Woodside 35% WI, FAR Ltd 15% WI and the Senegal National Oil Company, Petrosen 10% WI.last_img read more

Incest on the rise in St Lucia

first_imgOver 80 percent of reports to Human Services are about incest.The head of Saint Lucia’s Department of Social Services, has reported that her department is receiving ‘alarming’ reports of incest and wants the activity to stop.According to the department incest continues to be a ‘real issue’ for the Department of Human Services.“A lot of our reports, over 80 percent of our reports, are that of incestuous relationships. Particularly of sexual relationships between fathers and daughters, siblings and other family members,” Director of Social Services on the island, Elizabeth Lewis, said. A longstanding issueLewis said her department recognizes that incest has been a long standing issue in the society.Several reasons have been offered to explain why incest occurs, but there has never been any research to determine what the issue really is.Lewis said incest is a source of concern for the Department of Human Services.“We are always concerned because we recognize that it is a criminal offence in Saint Lucia,” she told St Lucia Times, adding that the activity has a devastating psychological effect on victims and families.“Persons who have these tendencies need to see a psychologist – they need to see a counsellor to deal with whatever issues that they have,” Lewis said.Lewis said persons who know of cases of incest should report the matter to the authorities.“What we are seeing a lot of times is that victims of incest become perpetrators of it,” she observed. Brother propositioned his two sistersShe spoke against the backdrop of reports in the local media this week that that a local woman and her sister were propositioned by their brother during a WhatsApp conversation.One of the women said the brother even wanted to arrange for her to spend time with him at a guest house where they could have sexual relations.The woman, who said she was angry and disgusted, disclosed that she shared the offensive messages with the rest of her family and told the brother she wanted nothing to do with him anymore.She also said she spoke with the man’s wife out of concern of what he may do to his own children.She said her brother then asserted that she was accusing him in an effort to obtain family property.“He even told someone that he did not know it was me – he thought that it was his wife he was messaging,” she said.last_img read more