Uchida did not give a prediction for the financial impact on the company for the upcoming financial year. Nissan said the lack of Russian sales could have a “material impact” on its 2023 financial year results and potentially beyond. “There are many uncertainties over the impact of the geopolitical issues surrounding Russia and Ukraine, which…
New Jersey’s hotels are expected to see $897 million less in revenue from business travel this year than in 2019, the last full year before the pandemic, according to a study by a national hotel trade group. Hotels in the state are forecast to make $1.57 billion in 2022 from business travel — which includes hotel stays for corporate events…
Express News Service After struggling for over two years due to covid-19 induced restrictions, the travel and hospitality sector is showing signs of a strong revival. If data issued by travel service providers are to be believed, in recent weeks there has been a strong surge in flight and hotel bookings, with the peak summer…
For many hotels and resorts, snags in the global supply chain have made it incredibly challenging to procure everything from headboards to cabinets — even chicken. “I think as a nation, we’ve all realized just how much we depend on [getting goods] from China, Vietnam and India, and with each Covid wave and lockdown, we…