US Travel Spending Plummeted 42% Amid the Pandemic

A new report sheds light on the devastating impact the pandemic has had on the travel industry, accounting for a 42% drop in spending.

WSJ: Tripadvisor Adopting Hybrid Work Model

Tripadvisor CFO, Ernst Teunissen says that the company is going to hold the line on adding back costs. Trip Advisor reduced expenditures by a staggering 32 percent in 2020 as governments worldwide banned and restricted travel.