UK Government to Probe Environmental Cost of Tourism

Skift | July 19, 2019

UK Government to Probe Environmental Cost of Tourism
The UK parliaments Environmental Audit Committee will launch an inquiry into the cost of tourism to the environment, it announced Thursday.The announcement mentioned various consequences of overtourism, including carbon emissions, resource degradation, the decline of cultural sites, and negative effects on the housing market. It specifically called out the impact of aviation as a priority of the inquiry, noting that it intends to seek views on travel choices to inform the Government’s forthcoming aviation strategy to 2050.Chair of the committee, Mary Creagh, member of parliament, said the recent cruise ship collision in Venice as well as local protests in highly-impacted cities like Barcelona has put the issue of overtourism in the spotlight. Though it was not mentioned, this years Extinction Rebellion protests in the UK put climate change in the public and media consciousness much more than in recent years.

Spotlight

Traveling is always an amazing experience: living among different people and in foreign places, even if only for a few days, can be exhilarating and enriching.Nevertheless, most of us have mainly traveled with others. Be that with family, friends or colleagues; it seems easier to navigate a completely different environment when you have at least one friendly face by your side. But what about solo travel?Solo travel is, in fact, on the rise. Even more, almost half of all solo travelers are 50+ years old. Go wild, retirees! Whether you’re thinking about solo traveling or are a seasoned pro, here are some tips you should take into account:

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TRAVEL TECHNOLOGY

CLEAR S-1 Proves Biometrics' Growth Beyond the Travel Industry

CLEAR | June 09, 2021

Biometrics are poised to make the leap beyond airports and act as a passport to any number of environments where crowds gather in post-COVID reopening. To that end, biometric security firm CLEAR filed its S-1 with the Securities and Exchange Commission (SEC), paving the way for an initial public offering (IPO) on the New York Stock Exchange. CLEAR may arguably be best known for its origin that ties into creating “a frictionless travel experience while enhancing homeland security,” as described in the prospectus. At a high level, the company’s biometric security service offers subscriptions to its services, speeding up passenger flow through TSA lines at the airport. But branching into other use cases shows how fungible, in a way, biometrics tech can be, where knowing who is who — for admission, for security, or commerce — is an essential deployment. But along the way, as CLEAR’s filing shows, the pivot beyond travel — where demand is only now recovering from the ravages of the pandemic — will help determine whether the firm will see ignition. CLEAR points to the “convenience economy” as a critical driver for using biometrics in a bid to streamline everyday interactions. Tracking The Enrollments Digging into the prospectus, since inception, there have been 5.6 million cumulative enrollments, with 61 million cumulative use cases across its platform. Along with the decline in travel-related activity, first-quarter revenues slipped 17 percent as U.S. domestic flyers dropped by 60 percent. But the company remarked in its prospectus that a trend in its favor would be the reopening of and return to secular growth in the travel industry. As travel declined, cumulative enrollments on the platform were up more than 12 percent, to 5.2 million. Looking across the entire year, revenue was up 20 percent to 230.8 million in 2020, while net loss narrowed to $9.3 million from $54.2 million. Moreover, the company has debuted its Health Pass app, which stores healthcare-related data such as COVID test and vaccine records, which can help members show credentials required to enter a sporting event. CLEAR has partnered with 26 sports and entertainment partners and 67 Health Pass-enabled partners. That reach helps give coverage to 110 locations, including offices, theaters, and theme parks. Launched in 2010, CLEAR’s biometric security service is popular among frequent fliers who purchase subscriptions for $179 a year. Along with gaining the ability to speed through airport lines, subscribers can also use the service at sports stadiums and entertainment venues. Looking Toward Scale CLEAR defines the total addressable markets, by vertical, as being rather significant. In aviation and travel, 90 million American adults fly at least twice annually, while 31 million flies at least six times annually. In hospitality, there were 1.3 billion room nights occupied in 2019, pre-pandemic, in the U.S. Per data from ESPN, across major sports leagues, there were 130 million sports attendees in 2019. The movement into adjacent use cases depends on how many consumers embrace $179 annual subscriptions (the price of Clear PLUS) and whether the populations that do so will justify partners signing on with the technology platform.

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GlobalData Survey Predicts Gen Z and Millennials as Key Recovery Group of Travel Industry

GlobalData | July 04, 2020

A new survey conducted by GlobalData suggests that younger and wealthier traveler groups will be the first to resume international leisure tourism, once restrictions are lifted. And, while people’s desire to travel post-pandemic is in no short supply, consumer confidence in the safety of actually taking a vacation right now could use a boost. The report revealed that, even among the younger segments of today’s travelers, anxieties remain high 48 percent of Millennials (a.k.a. Gen Y) and 35 percent of Gen Z are still very concerned about the risk of contracting COVID-19.

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TCS World Travel Launches Private Jet Vacations on Demand

TCS World Travel | July 17, 2020

As we enter a new age of travel during the COVID-19 pandemic, it comes as no surprise that private accommodations and private jet journeys are rising in popularity. It is, therefore, timely that TCS World Travel is stepping in with a new line of private jet vacations. TCS World Travel is one of the leading private jet tour operators and it is now debuting 11 new tailored itineraries for families and friends to explore in North America.

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Spotlight

Traveling is always an amazing experience: living among different people and in foreign places, even if only for a few days, can be exhilarating and enriching.Nevertheless, most of us have mainly traveled with others. Be that with family, friends or colleagues; it seems easier to navigate a completely different environment when you have at least one friendly face by your side. But what about solo travel?Solo travel is, in fact, on the rise. Even more, almost half of all solo travelers are 50+ years old. Go wild, retirees! Whether you’re thinking about solo traveling or are a seasoned pro, here are some tips you should take into account: