Virgin Atlantic Files Chapter 15 Petition in U.S. to Assist Its Rescue in the UK

Phil Noble  / Reuters

Virgin Atlantic and TUI Airways aircraft are seen at Manchester Airport, following the outbreak of the coronavirus disease, Manchester, Britain, June 8, 2020. Phil Noble / Reuters

Skift Take: The real restructuring happened three weeks ago, as Airline Weekly’s analysts have noted. This move is just to facilitate that.

— Sean O’Neill

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Hyatt CEO Says China Offers Proof Hotels Don’t Need a Vaccine to Recover From Coronavirus

Solomon203  / Wikimedia

Hyatt leaders Tuesday touted significant recovery in their Greater China portfolio (pictured: the Grand Hyatt Taipei) despite a major second quarter loss. Solomon203 / Wikimedia

Skift Take: Hyatt leaders promote ongoing strength in China’s hotel recovery, but the company can’t lose sight that its exposure in the country — despite the momentum — is smaller compared to the U.S., which continues to struggle.

— Cameron Sperance

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Tourism and Aviation Among the Sectors Giving Insurers the Most Concern in the Pandemic

Pavlo Vakhrushev  / Adobe

Empty plane interior with few people and stewardess during coronavirus pandemia. Underwriters said aviation is one of the most concerning areas in current portfolios. Pavlo Vakhrushev / Adobe

Skift Take: Aviation and tourism are two of the leading areas of concerns for insurers, according to a recent survey. It’s the latest bit of troubling news for the travel industry.

— Korey Matthews

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Best Western CEO Says U.S. Hotels Need 6-Month Lifeline From D.C. to Survive, Not Just to Recover

Best Western Hotels & Resorts

The next six to nine months are a crucial survival breaking point for the U.S. hotel industry, Best Western CEO David Kong said in an interview with Skift. Best Western Hotels & Resorts

Skift Take: Best Western CEO David Kong wants hotel-specific economic relief from Washington like anyone else in the industry, but he’s among the few publicly to recognize what is realistic and needs to happen to survive into 2021.

— Cameron Sperance

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Majority of Brits, Germans and French Would Skip Holidays if Masks and Testing Required: New Survey

Nacho Doce  / Reuters

No wonder these tourists are lonely. Many Europeans say they would skip vacations if required to wear masks and take tests. Nacho Doce / Reuters

Skift Take: Travel is just too much of a hassle, it seems. So many Europeans are asking: Why bother? Not what airlines, hotels, and destinations want to hear right now.

— Tom Lowry

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China, Italy, and the U.S. — A Tale of Three Hotel Industry Recoveries

Li Yang  / Good Free Photos

China’s hotel industry recovery from the pandemic continues to propel forward while the U.S. stagnates amid rising cases. Li Yang / Good Free Photos

Skift Take: China and Europe continue to post strong gains in their hotel industry recoveries — not so much in the U.S. Hotel company mask mandates won’t help the problem unless more Americans follow the rules.

— Cameron Sperance

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