The list of companies taking a stand has grown considerably since Russia invaded Ukraine nearly three weeks ago. Here's our latest recap of travel's pullback from Russia.
Although several hotel executives don't view the war in Ukraine as a drag on European hotel performance at the moment, their tune could change if the conflict continues to makes travel to Europe more difficult.
Google Travel turned off Russia advertisers, but is still getting a limited amount of advertising for Russia travel from ad partners outside Russia. In contrast, Skyscanner and Kayak don't display any information about Russia travel.
There seems to be an obligation to carry on working with partners in the country, but relationships may now be kept at arm’s length as the war in Ukraine continues.
Western hotel companies are still operating in Russia, but this is a notable step for an industry that has been a holdout amid all the companies ditching their presence in the country following its invasion of Ukraine.
“Do not travel” warnings protect travel insurance firms in countries directly involved. The war in Ukraine might also increase consumer awareness and demand for extensive coverage.
Rural destinations that have benefitted from long-haul road trippers will want to prepare for the impact of higher gas prices on consumer behavior, on the cusp of busy spring and summer seasons.
Airlines have never faced the confluence of a global pandemic, war in Europe, and high oil prices. United Airlines' finance chief Gerry Laderman said there's no precedent for the concurrent crises, a phrase we've heard a lot of in the past few years.