Planet DMC

News and tidbits from the travel industry

Month: May 2021

Ryanair posts record £702m annual loss due to Covid

The Irish budget airline said its traffic plunged 81 per cent in the year to March as a result of the pandemic, from 149 million passengers in the previous year, to just 27.5 million.Tim Wyatt (The Independent)

Airbnb Posts $1.2 Billion Loss and Turns Attention to Expected Supply-Demand Mismatch

Airbnb beat analysts’ expectation on revenue, which rose 5 percent in the first quarter to $887 million. While Airbnb was in positive territory in the first quarter in part because of its focus on short-term rentals, Expedia Group and Booking’s revenue plummeted 44 percent and and 50 percent, respectively.Dennis Schaal (Skift)

52 Places to Love in 2021

We asked readers to tell us about the spots that have delighted, inspired and comforted them in a dark year. Here, 52 of the more than 2,000 suggestions we received, to remind us that the world still awaits.New York Times

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