Top Stories
Time to “reimagine” travel industry, UK’s Prince Harry says
Published by linker 5
Posted on January 30, 2021
Global Banking and Finance Review
Company
Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Published by linker 5
Posted on January 30, 2021
LONDON (Reuters) – Britain’s Prince Harry has urged the travel industry to “reset and reimagine” its future after the crisis caused by COVID-19 pandemic, with a focus on creating a more sustainable model which does less damage to the environment and local communities.
Travel firms and airlines have been badly hit by the pandemic, which has put a stop of much of the global tourism business, while those who rely on visitors have also suffered.
Harry, Queen Elizabeth’s grandson, said the travel, said the “acute hardship” of communities in tourist destinations had shown the importance of travel, but had also highlighted the need to reduce its detrimental impact.
“We know that to not travel again is not an option,” the prince, 36, said in a foreword to the annual report of Travalyst, an initiative he launched in 2019 with the objective of making the travel industry more sustainable.
“Right before us, there is an opportunity to do things differently, to do things better. Travel and tourism are no exception. As the industry re-emerges from crisis, there is an urgent need to reset and reimagine.”
Harry, like his father, the heir-to-the-throne Prince Charles, is a vocal champion of environmental causes, said it had been clear before the pandemic the industry had not done enough to tackle issues such as climate change and pollution.
The prince has previously come under fire himself for advocating more environmentally-aware travel while using private jets. But he says he only rarely does not use commercial aircraft, and took action to offset the carbon dioxide emissions caused by his trips.
Travalyst, an independent non-profit body which is backed by some major tourism industry companies including Booking.com, TripAdvisor, and Visa, said the industry needed universal transparency on its sustainability efforts, and to champion the success of local communities, destinations and operators.
(Reporting by Michael Holden; editing by William James)