COVID-19 impact on Travel & Tourism - Hotelmanagement
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COVID-19 impact on Travel & Tourism

The COVID-19 outbreak has now spread around the world, leaving a trail of destruction in its wake. The pandemic has already changed how we work and how we live our lives. Many of these changes will have long-term implications. Companies in every sector, including Travel & Tourism, will need to adopt new technologies and new ways of working as they adapt to these new realities.

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As sustainable travel becomes more important to consumers, B Corp businesses may be future trendsetters.

Deal trends in the Travel & Tourism sector during COVID-19

COVID-19 deal tracker monitors deals that took place across the Travel & Tourism sector during the pandemic.

Deals trends in the Travel & Tourism Sector: Q1 2020 – Q2 2021

744 Acquisition

Total Value US$m: 125,867.5
YOY Change: 84.0%

528 Venture Financing

Total Value US$m: 16,168.6
YOY Change: 183.5%

413 Debt Offering

Total Value US$m: 261,774.1
YOY Change: -28.9%

390 Equity Offering

Total Value US$m: 126,216.3
YOY Change: 19.7%

359 Asset Transaction

Total Value US$m: 29,026.9
YOY Change: 1.7%

242 Private Equity

Total Value US$m: 106,894.8
YOY Change: 118.2%

141 Partnership

Total Value US$m: NA
YOY Change: -

74 Merger

Total Value US$m: 57,854.6
YOY Change: 19184.4%

Innovation in the Travel & Tourism sector during COVID-19

To best track innovation in response to COVID-19’s impact on the Travel & Tourism sector, Hotel Management Network tracks the patent applications, as well as the patent applicants throughout the COVID-19 pandemic.

Number of patents in the Travel & Tourism sector: 2018 – 2021

The COVID-19 patents tracker in the Travel & Tourism sector monitors the patent applications pre- and post-outbreak.

Note: Application counts are based on publications. Patent applications which are not published yet are not considered for analysis. Publication may take up to 18 months from the application of patents.

Top Patent Applicants in the Travel & Tourism sector: Pre-COVID-19 (Filing Year 2018 – 2019)

Hotel Management Network patent ownership data monitors the patent applicants in the sector before the COVID-19 outbreak.

Top Patent Applicants in the Travel & Tourism sector: Post-COVID-19 (Filing Year 2020 – H1 2021)

Hotel Management Network patent ownership data monitors the patent applicants in the sector after the COVID-19 outbreak.

Note: Application counts are based on publications. Patent applications which are not published yet are not considered for analysis. Publication may take up to 18 months from the application of patents.

Number of COVID-19 mentions in filings in the Travel & Tourism sector: Q1 2020 – Q2 2021

Hotel Management Network tracks thousands of companies and their annual and quarterly filings. Our analysis monitors the mentions of COVID-19 in those filings during the pandemic.

COVID-19 versus top 5 themes in Travel & Tourism

Hotel Management Network compares COVID-19 mentions in filings with other top themes in filings data during the pandemic.

Top 10 companies with COVID-19 mentions in filings

Hotel Management Network tracks which travel & tourism companies mention COVID-19 in filings the most during the pandemic.

Jobs insights in the Travel & Tourism sector during COVID-19

Hotel Management Network monitors live travel & tourism company jobs postings to assess the impact of COVID-19 on the sector.

Job trends in the Travel & Tourism sector

Jobs postings by travel & tourism companies after the outbreak. The COVID-19 jobs tracker in the Travel & Tourism sector looks at jobs posted, closed and active to assess the impact of the pandemic on sector jobs.

Most active Travel & Tourism companies: Jobs

Hotel Management Network’s travel & tourism jobs tracker lists travel & tourism companies with the most jobs posted during the COVID-19 period.

Travel & Tourism influencer discussions on COVID-19

Hotel Management Network tracks the mentions of COVID-19 by leading Travel & Tourism influencers on Twitter. The chart indicates the volume of tweets and influencers pertaining to COVID-19.