Covid vaccination charge forward of Nov tourism reopening

Tourist sitting on a swing on a beach in Thailand.

© Marco Bottigelli | Moment | Getty Images

Next Monday, Thailand will lift quarantine restrictions on travelers from more than 40 countries who have been fully vaccinated – even though less than half of its population has been fully vaccinated. // Added mention of travelers who need to be “fully vaccinated”

According to Our World in Data, only about 42% of the Thai population had been fully vaccinated against Covid-19 by October 27. In comparison, other countries in the region such as Cambodia, Malaysia and Singapore have had more than 70% of their population fully vaccinated against Covid.

The three Southeast Asian nations as well as Australia and China are there Thailand’s List of Approved Countriesas the country prepares to reopen to tourists on November 1st.

After this First announcement of the plan by the Thai Prime Minister in early October, Bank of America economists said it was good news for Thailand’s tourism sector, economic recovery and currency – but they found it was “not without risk.”

As has been shown in the other countries, the vaccination rate, especially in the Delta variant, is far too low to prevent an outbreak.

“Despite an impressive and admirable vaccination effort, full vaccination remains relatively low and inconsistent,” said the economists. “As can be seen in the other countries, the vaccination rate, especially for the Delta variant, is far too low to prevent an outbreak.”

Still, they said a lockdown is unlikely, given the country’s high risk tolerance, unless the capacity of the country’s intensive care unit is overwhelmed.

Due to uneven vaccination rates across the country, the data available may not clearly reflect vaccination rates in places like the capital, Bangkok. The Deputy Governor of the Bangkok City Council recently told Singapore-based media company CNA that 75% of the residents were vaccinated with the second dose.

The importance of tourism to Thailand

Among the economies in the region, Thailand is one of the most tourism-dependent economies, with the sector accounting for around 21% of GDP in 2019, according to Sian Fenner of Oxford Economics.

“Travel restrictions come with enormous economic and social costs and are a major reason Thailand’s economic recovery is lagging behind many of its competitors in the region,” said Fenner, chief Asian economist for the global consultancy.

… we do not expect domestic travel to fully recover to pre-Covid levels until 2025.

Sian Fenner

Senior Economist, Asia, Oxford Economics

“We believe that the government’s reopening of the borders, even though only about 40% of the population is fully vaccinated, reflects the country’s significant reliance on foreign tourists,” said Charnon Boonnuch, an economist at Nomura.

According to the government, the Thai economy grew by 7.5% year-on-year in the second quarter. This level of growth lagged behind other regional economies such as Malaysia, Singapore and the Philippines, which grew between 11.8% and 16.1%.

Oxford Economics is forecasting GDP growth of 1.8% for Thailand this year for the full year, while Nomura is forecasting Thailand’s GDP growth of 0.6% in 2021.

International travelers are not expected to return immediately, however, as visitors may still face quarantine regulations in their home countries, according to economists.

“We expect incoming tourism to recover in 2022, but even then we still expect international arrivals to be 66% below 2019 levels,” said Fenner. “In fact, we don’t expect domestic travel to fully recover to pre-Covid levels until 2025.”

Meanwhile, Bank of America economists highlighted that Chinese tourists – who made up about a quarter of Thai tourist arrivals in 2019 – are not expected to return until the latter half of 2022.

China has largely closed its borders to international travel since last year and continues to have a strict zero-covid strategy that has resulted in mass lockdowns, even with few infections reported.

Other parts of Southeast Asia are also looking to reopen their borders to international visitors, which, according to Nomura’s Boonnuch, has likely contributed to Thailand welcoming tourists again.

“The need to reopen has also increased due to increased competition from neighboring countries that have relaxed border rules, such as Singapore, which has a much higher full vaccination rate of 85%,” he said.

Singapore has announced vaccinated itinerary agreements with several countries including the US and UK, while Malaysia’s Tourism Minister told CNBC last week that the Country could reopen its borders to international tourists in November.

Correction: This story has been updated to accurately reflect the Bank of America note came out in early October following the Prime Minister’s announcement.

Indonesia’s Bali is reopening to vacationers however not Australia, Singapore

The holiday island of Bali reopened to tourists from select countries on Thursday in what Indonesian authorities have dubbed “baby steps” to resume international travel.

Indonesia closed its borders to foreign travelers about 18 months ago.

Vaccinated tourists from 19 countries – including China, India, Japan, South Korea and New Zealand as well as parts of Western Europe and the Arabian Gulf – can now travel to Bali and the Indonesian Riau Islands. Travelers are subject to a five-day quarantine and Covid-19 test.

The plans are considered a milestone for the tourism-dependent islands of the Southeast Asian country, which have been destroyed by the ongoing travel restrictions. But several large feeder markets for foreign tourism – including Bali’s No. 1 market from Australia and neighboring Singapore – have been removed from the list.

Talks with Singapore and Australia are ongoing

Speaking to CNBC, Indonesia’s Minister of Tourism and Creative Industries Sandiaga Uno said the current policy was based on scientific data and guidelines from a panel of epidemiologists. He added that the list will expand as data from additional markets support it.

We want to make sure that there is no stop-and-go.

Sandiaga Uno

Indonesia’s Minister for Tourism and Creative Industries

“We want to make sure it’s not a stop-and-go, but a smooth, incremental basis,” Uno told CNBC “Street signs.”

“[With] Singapore and Australia, we definitely continue, “he said, noting that talks are focused on ensuring that the reopening” is done on a safe basis first “.

Competition with quarantine-free travel destinations

Indonesia’s partial reopening comes as neighboring countries, including Thailand, Singapore and Parts of Vietnam, welcome vaccinated tourists from selected countries quarantine-free.

Indonesia – burned from a sloppy approach to quarantines that led to a surge in Covid-19 cases in July – is taking a more cautious approach. You have reason too. The country is preparing to host the G-20 summit in Bali in 2022.

“It will be purely scientific and will ensure that this process goes smoothly for the next 18 months as we are hosting G20 events here,” Uno said.

People visit Seminyak on January 5, 2021 on the Indonesian holiday island of Bali.

Sonny Tumbelaka | AFP | Getty Images

In addition to quarantines, which the UN said would be revised in good time, the islands are introducing new security measures such as hotel certifications and vaccination boosters.

“We are making sure that Bali gives priority to the entire island to get 100% boosters in the first quarter of next year,” he said.

Authorities hope the new measures will help revitalize Indonesia’s tourism industry, which accounts for around 4% of the country’s gross domestic product. However, Uno acknowledged that reaching the pre-pandemic number may take some time, as visitors are likely to opt for less frequent but longer stays in the near future.

Why India can’t afford Europe-style reopening

Whether football, tennis, cycling or motor sports, the spectators crowd again to international sporting events in Europe amid the easing of the Covid-19 curbs. Often without masks and social distancing. On July 19, the UK is expected to lift all Covid-19 restrictions, including masking requirements and social distancing. High vaccination protection and low deaths are part of the reason these European countries can choose this aggressive route to normal. Conversely, India’s relatively low vaccination coverage means it cannot risk following suit.

Of the 12 European countries that allowed crowds at international sporting events last month, nine have given at least 50% of their population a Covid-19 vaccine dose. Additionally, according to Our World in Data, at least 33% of their population is fully vaccinated. Without the population under 18, who are less at risk, these numbers would be higher. For comparison: India’s numbers are 21% and 5%, respectively. At its current vaccination rate, India will achieve 50% coverage for one dose in November 2021 and 33% coverage for two doses in May 2022.

Some of these countries have significant and increasing numbers of new cases. Mainly Great Britain, Spain and Russia. Even the World Health Organization has warned against a quick reopening. Unlike Russia and Romania, however, the new deaths are less than a tenth of their respective highs. In India it is currently around a fifth.

India faces the European countries in population-adjusted figures. However, due to India’s large population, the latest absolute numbers are still inconvenient.

Less jabs

India’s vaccination rate had accelerated when the center withdrew vaccines from states on June 21. In the first seven days of this new regulation, India’s average daily vaccine doses doubled to 6.1 million. However, in the past seven days it has dropped to 4.2 million. The slowdown is across the board.

Of the 36 states and union territories, 29 saw weekly doses decrease. Among the major states, the largest weekly decreases were seen in Chhattisgarh (65%), Himachal Pradesh (61%) and Tripura (61%).

Himachal Pradesh remains the leader in cumulative vaccination (552 doses per 1,000 people). It is followed by Delhi (455), Gujarat (428), Uttarakhand (427) and Kerala (424). All of these states have been among the front runners since early April and have seen a decline this week. Jammu Kashmir (368) is the only state that has seen a steady pace increase over the past 3 weeks.

District Alerts

Meanwhile, concerns remain about a third wave hitting India. The decline in new cases appears to be curbing. More and more districts are reporting an increase in new cases from week to week, from 110 two weeks ago to 141 districts last week to 156 this week. At the same time, the number of districts reporting more than 1,000 new weekly cases has fallen from 77 to 63. Only Kolhapur in Maharashtra and Malappuram in Kerala reported more than 10,000 new weekly cases.

For the third straight week, Kerala led all states in new cases. Along with the eight northeastern states, the number of weekly cases in Kerala exceeds that of the first week of April when the second wave began. Nine districts have each reported increases in cases over the past four weeks. The highest increases were observed in Kasargod and Wayanad in Kerala and Golaghat in Assam. All three districts are still reporting over 2,000 cases each week. Assam imposed complete lockdowns in 7 counties, including Golaghat, Tuesday.

Dealing with deaths

The decline in Covid-19 deaths in India continues. The last week’s number of 5,568 is about a quarter of what it was four weeks ago. As with new cases, however, the decline appears to be curbed. Among the top 10 countries with the highest number of cases, deaths increased slightly in Kerala, Maharashtra, Manipur and Odisha.

Four districts, all from Maharashtra, reported over 150 deaths in the past week: Pune, Sangli, Raigarh and Kolhapur. Among them, Pune and Sangli are the only counties in the country where over 300 deaths have been reported. The Sangli death toll rose 159% from 122 last week.

The European nations that are aggressively reopening are doing so under the premise of reducing hospital stays and controlling deaths, backed by the shield of vaccines. How India’s progress on vaccines will be an important factor in dodging a possible third wave and returning to normal.

(howindialives.com is a database and search engine for public data)

Subscribe to something Mint newsletter

* Please enter a valid email

* Thank you for subscribing to our newsletter.

Never miss a story again! Stay connected and informed with Mint.
Download
our app now !!

subjects

Cirque du Soleil Leisure Group Declares Extra Reopening Plans

INTERMISSION IS OVER, more tickets are available now!

Click to view the film break, the break is over and the campaign photos Here

MONTREAL, June 23, 2021 / PRNewswire / – Cirque du Soleil Entertainment Group (“Cirque du Soleil” or “the Company”) is pleased to announce the long-awaited return of more touring and resident shows. Following the announcement of the reopening of two of his most iconic Las Vegas shows, “O” and Mystère, as well as the touring shows KOOZA in Punta Cana and LUZIA at the Royal Albert Hall, in London on April 21, 2021, Cirque du Soleil is proud to announce the addition of five new shows to its offering.

  • The Beatles LOVE, a creation of Cirque du Soleil and a coproduction with Apple Corps Ltd., is on display at The Mirage on. reopened August 26, 2021 continue with ticket sales June 24, 2021
  • Michael Jackson ONE by Cirque du Soleil, in collaboration with the Estate of Michael Jackson, will reopen its exclusive residence at Mandalay Bay Resort & Casino on August 19, 2021
  • joy, Cirque du Soleil emblematic production, is in Houston, Texas, under the Big Top at Sam Houston Race Park November 18, 2021
  • KOOZA, a Cirque du Soleil production acclaimed by more than eight million viewers and critics around the world, will be shown in the Old Port of Montreal from April 28, 2022

Additionally, Men group in blue, the partner show of the Cirque du Soleil Entertainment Group, returns to Chicago and new York in full color beginning 18th of August and September 3, 2021, or with the Las Vegas Show opening June 24th.

Tickets are on sale now and are available at https://www.cirquedusoleil.com/ and https://www.blueman.com/.

Today also marks the start of a celebratory movement for Cirque du Soleil to support the live entertainment industry and its professionals with the launch of its global #intermissionisover initiative. Since the beginning of the pandemic, the art ecosystem has suffered irreparable damage as the live events industry was one of the first to shut down. With this initiative, Cirque du Soleil aims to shed light on the resilience of artists and to maximize the visibility of the challenges that creative professionals are facing and facing in this time of revival.

Cirque du Soleil has recruited circus lovers and artists from around the world to get the word out and invite them to share on social media photos and videos of themselves at work or in their everyday lives as they return to the stages work towards. or what this moment means to you by using the hashtag #intermissionisover and proudly wearing the official Intermission is Over t-shirt. The campaign started today on Company website and social platforms.

“Today we all stand together to celebrate our industry coming back to life,” said Daniel Lamarre, President and CEO of Cirque du Soleil Entertainment Group. “Let’s flood social platforms with messages of hope, strength and perseverance. We encourage you to join us and raise your voice to support your favorite artists, venues, friends and families who work in the live entertainment industry. The break is over! “

Fans are encouraged to join the movement by sharing their favorite show memories on social media using #IntermissionIsOver. The campaign t-shirt will be available from tomorrow for $ 35.00 on the Cirque du Soleil website.

“Cirque du Soleil thanks them wholeheartedly for their support from fellow players and professionals,” said Lamarre. “Now is the time to celebrate the resilience of our industry and the return of live entertainment.”

About Cirque du Soleil Entertainment Group
The Cirque du Soleil Entertainment Group is a leading global provider of live entertainment. In addition to producing world-famous circus arts shows, the Canadian organization brings its creative approach to a variety of forms of entertainment such as multimedia productions, immersive experiences, theme parks and special events. In addition to its various creations, the Cirque du Soleil Entertainment Group aims to have a positive impact on people, communities and the planet with its most important tools: creativity and art. For more information on Cirque du Soleil Entertainment Group, visit CDSentertainmentgroup.com.

SOURCE Cirque du Soleil

similar links

https://www.cirquedusoleil.com

Jim Cramer: The Reopening Is Large, and the Cash Managers Are Clueless


May 18, 2021 | 4:13 p.m. EDT

Share prices in this article:

WMT,

HD,

M.,

AAPL,

AMZN,

NCLH,

DIS,

AMC,

ULTA,

THE,

WYNN,

ABNB,

PLTR,

TWLO,

ZM,

U.

It’s not just a reopening. It’s a reopening with a country full of cash. I am starting to realize that many money managers either never went shopping or went nowhere at all. If they did, they would know that at this point in time there is simply no stopping an American consumer who has a clean record and a desire for something to be done outside …

Stay ahead of the market with Real Money where you can get actionable investment ideas from over 30 investment professionals, money managers, journalists and analysts selected by Jim Cramer. Already a subscriber? You’re welcome Registration

Baltimore Metropolis leisure venues put together for secure reopening

Baltimore won’t have Artscape or Fourth of July fireworks this year, but a number of entertainment venues are opening again soon in the city. || COVID-19 updates | Maryland’s latest numbers | Get tested | Vaccine info || The venues will take many precautions to ensure that customers and employees are safe. People strive to enjoy the arts from theater to music. Baltimore Center Stage, like many other venues, is preparing to reopen its doors. Baltimore Center Stage is currently filming its pieces and showing them virtually. The actors and actresses are on the premises. The venue hopes guests can come in after Labor Day. “We have a COVID team working hard to make sure people feel safe the moment they walk in the door – that’s the most important thing to us,” said Charisse Nichols of Baltimore Center Stage. The theater will host a camp in mid-June. “We will have nearly 32 children who will come every day for a period of four weeks,” said Nichols. The hippodrome is still a few months away from its fall return. Still, people have a lot of time to plan and prepare. Ron Legler of the Hippodrome said they are taking all precautions. “Sanitary stations, we will ask everyone to wear a mask,” said Legler. Legler said their 600 ushers will receive plenty of training by the time it opens in November. He said the hippodrome is also planning to bring some smaller shows to town, and they have a new digital tool. “We made an app for the hippodrome, a wallet for your tickets, and everything is safe. You don’t. If you need to touch something, you can order a drink through the app and have it waiting for you when you get there “said Legler. At Power Plant Live, they plan to hold the first Hot Country Night on June 1st, but according to Sal Digiorgio, that’s not all. “On May 20th, we are proud that TBR, one of our true club venues, will open socially distant protocols that will be followed,” said Digiorgio.

Baltimore won’t have Artscape or Fourth of July fireworks this year, but a number of entertainment venues in the city will be reopening soon.

|| COVID-19 updates | Maryland’s latest numbers | Get tested | Vaccine info ||

The venues will take many precautions to ensure that customers and employees are safe.

People really want to get out and enjoy the art from theater to music. Baltimore Center Stage, like many other venues, is preparing to reopen its doors.

Baltimore Center Stage is currently filming its pieces and showing them virtually. The actors and actresses are on the premises. The venue hopes guests can come in after Labor Day.

“We have a COVID team working hard to make sure people feel safe the moment they walk in the door – that’s the most important thing to us,” said Charisse Nichols of Baltimore Center Stage.

A camp will be held in the theater in mid-June.

“We will have nearly 32 children who come every day for four weeks,” said Nichols.

The hippodrome is still a few months away from its fall return. Still, people have a lot of time to plan and prepare.

Ron Legler of the Hippodrome said they are taking all precautions.

“Sanitary stations, we will ask everyone to wear a mask,” said Legler.

Legler said their 600 ushers will have plenty of training by the time it opens in November. He said the hippodrome was planning to bring some smaller shows to town too, and they had a new digital tool.

“We created an app for the hippodrome, a wallet for your tickets, and everything is safe. You don’t have to touch anything, you can order a drink from the app and have it waiting for you when you get there,” Legler said.

Down at Power Plant Live, they’re planning to hold the first Hot Country Night on June 1st, but according to Sal Digiorgio, that’s not all.

“On May 20th, we are proud that TBR, one of our true club venues, will open socially distant protocols that will be followed,” said Digiorgio.

Venues’ reopening plans fluctuate for dwell leisure

The return of live entertainment in the Capital Region started small.

The crowd, if it could be called that, at Caffe Lena in Saratoga Springs was sold out for both of last weekend’s reopening nights.

Total combined attendance for the area’s first two ticketed indoor concerts since March 2020: 48 people.

Almost 13 months after the state ordered entertainment venues, and indeed much of life as it had been lived for decades, to shut down as part of initial efforts to slow the spread of the novel coronavirus, in-person arts events are starting again in New York state. Beginning April 2, Gov. Andrew M. Cuomo’s office allowed arts and entertainment venues with an indoor capacity of less than 1,500 and/or outdoor capacity of less than 2,500 to host audiences at 33 percent capacity, with maximum of 100 people indoors, 200 outdoors.

Caffe Lena aside, most indoor shows will not be rebounding quickly on area stages. Leaders of other area performing-arts organizations admit to degrees of envy and/or admiration at how fast Caffe Lena was able to return to its core mission, and they said they passionately wish to be able to follow suit. But for organizations bigger than a coffeehouse currently limited to 34 people but actually seating fewer, matters are more complicated, for reasons from simple and local to complex and national.

The state’s new rules do not require proof of a recent negative COVID-19 test or completed vaccination course for attendance, but other familiar measures remain mandatory, including social distancing between individual groups and face coverings for all except performers who cannot wear them when performing. Under the fresh regulations, if a venue requires that all attendees show proof of a completed vaccination or recent negative test prior to entry, capacity may increase to 150 people indoors, up to 500 outside. Outdoor performing arts venues that hold more than 2,500 can reopen at 20 percent capacity. For arenas and stadiums able to accommodate crowds larger than 10,000, the limit is 10 percent of original capacity.

But while all entertainment before live audiences stopped almost instantly with the proverbial stroke of a gubernatorial pen in the second week of March last year, it will take much longer to figure out how to rewrite the rules necessary to once again start cultural life in a state where the arts contributed an estimated $120 billion to the economy in 2019, according to cultural leaders.

The 61-year-old, 110-seat Caffe Lena is small enough to be able to operate with minimal staffing and is supported by avid donors, many of whom maintained pre-pandemic levels of financial contributions despite not being able to attend shows in person for the past year, management said. As a result, it quickly was able, to use the favorite word for adaptation during the pandemic, to pivot to something different. In this case, that was back to something familiar: live performances, mostly of folk music and held most nights of the week.

Lena’s first pivot came right after the executive order banning live audiences last March. Sarah Craig, executive director of the venue for 26 years, and staff almost immediately found performers willing to play from the Caffe Lena stage, compensated only by donations submitted online during livestreams of their shows.

Except for two periods, each lasting three weeks to a month, when contact tracing suggested possible COVID-19 exposure at Caffe Lena, the venue continued its livestreams multiple nights a week starting in March 2020. (During the time without live performers, Lena streamed shows from its archives.) Craig said the donations to the virtual tip jar allowed Caffe Lena to pay at least $100,000 to approximately 600 musicians who performed more than 250 shows over the past year. Donations ranged from $1 to $1,200.

“For anything in the tip jar over $100, especially if there was an extra zero, we quickly got in touch with the donor before paying it out, to make sure they’d intended to give that much,” Craig said. During a livestream by the popular Irish musician Kevin McKrell, for example, $10,000 popped into the tip jar from a single person, whose immediate, panicked attempts to reach Lena staff confirmed the tip had been the result of largesse expanded by alcohol, Craig said.

Caffe Lena has been livestreaming its shows for years, usually for online audiences of one to three dozen, according to Craig. During the pandemic, virtual attendance averaged more than 100. The very first livestream was seen by 140 households, Craig said.

“That told us this was going to be a place to maintain some kind of connection and normalcy, and we had to be bold to make sure it continued,” Craig said. No staff member or performer ever tested positive for COVID-19 through an exposure linked to Caffe Lena, she said.

At venues that usually host national and international touring acts, whether bands or Broadway musicals or dance companies or classical ensembles, a large part of the problem is lack of product to put on the stage. (Caffe Lena’s increasingly busy performance calendar in the coming months draws largely from New York and New England, Craig said, while artists hailing from Nashville, North Carolina and Texas aren’t forecast to be back on the road until fall.)

The Agnes Macdonald Music Haven Stage in Schenectady’s Central Park, normally home to an eclectic array of American and world music during the summer months, programmed by veteran concert presenter Mona Golub of Second Wind Productions, will have no such season again this year, Golub said. Music Haven likely will allow its stage and facilities to be used by local organizations for concerts and other events, and Golub said she is exploring the feasibility of a few pop-up concerts in late summer or early fall.

But, she said via email, “A series of national/international touring artists takes months to fundraise for, curate and market/advertise.” Further difficulties arise, she said, from a volunteer crew being asked to monitor testing or vaccination status among audience, staff and performers, police distancing and masks, supervise restroom lines and other queues, and clean frequently.

The first ticketed public concert at The Egg in Albany in 17 months won’t be until a Tanya Tucker show scheduled for Aug. 13 — “provided we can open safely,” said Peter Lesser, executive director of The Egg. While The Egg has arranged for its audiences to be able to buy access to multiple livestream performances by national acts who are performing elsewhere in the coming months, the three in-person concerts listed for May and June on its website are rescheduled shows from last year that are again in the process of being booked for later dates, Lesser said.

For the fall, The Egg calendar has multiple more new dates confirmed, or about to be, from acts postponed from 2020, so it is not actively scouting for many more news engagements through 2021, Lesser said, adding, “For the most part, the artists we are in touch with are booking 2022.”

The Troy Savings Bank Music Hall normally ends its season of presenting touring acts in May and doesn’t offer shows in the summer. As such, “We are planning for an early October opening at full capacity at this point,” Jon Elbaum, the music hall’s executive director, said via email. He said, “If full capacity is not possible/permitted, the majority of those shows would be rescheduled.”

Albany’s Palace Theatre is busy adjusting shows rescheduled for late spring and early summer to dates in late summer and fall, according to Danny Taylor, the Palace’s general manager. Tickets previously sold for those performances already exceed the capacity limits of the state rules effective April 2, meaning they would have to be postponed further if the state does not expand allowable capacity, Taylor said. The Palace  does plan to have a small, socially distanced in-person audience for the May recording of its Palace Sessions series of streamed concerts.

The Comedy Works in Saratoga could easily fill its performance slots with talent, said owner Tommy Nicchi.

“At this point, many local comics would probably be willing to pay me to be on my stage,” he said. But the intimately spaced venue, normally with 100 seats, would have its current allowed capacity of 33 further diminished by the 6-foot rule between separate groups of patrons — and the required 12 feet from unmasked performer to the nearest audience member, unless there is a barrier. From the lip of its stage to the most distant seat at The Comedy Works is barely more than 20 feet, allowing for a maximum of capacity of less than two dozen, depending on party size, Nicchi said.

Since opening the doors would require staffing a ticket person, server, bartender and, given current state mandates for food to be served with alcohol, a cook, too, not to mention paying a headlining comic even a modest stipend, “I’m guaranteed to lose money even if I sell out every time,” Nicchi said. However, he said he was determined to find a way to reopen for summer audiences, hopefully with an easing of capacity limits and social distancing mandates.

Matters grow even more complicated when actors are involved. Barrington Stage Company in Pittsfield, Mass., the only major Berkshires theater to so far announce indoor productions this summer, this week said it will hold three shows in its main Boyd-Quinson Stage,  but alternating row of seats will be removed and parties separated to reduce audience capacity from 530 to 160. Because Barrington Stage must abide by rules set forth by the Actors’ Equity union, which preclude actors from being with 6 feet of each other, casts for the company’s mainstage shows have one to two people.

BSC is also planning three outdoor productions for the first time in the parking lot of its production facility in an industrial section of Pittsfield, where a 140-by-60-foot tent will seat between 180 and 200 people, according to the company’s co-founder and producing artistic director, Julianne Boyd.

“Planning the season was incredibly tricky,” Boyd said. “We had to build in contingencies in case we had to pivot,” including being able to move a Boyd-Quinson Stage production to the outdoor venue if Massachusetts again prohibits indoor performances.

During the pandemic, Bridge Street Theatre in Catskill streamed performances from its stage, offered online showings of productions from its archives and created new videos for virtual audiences that documented the work done at Bridge Street by small dance companies that lived and rehearsed at the venue under quarantine for two-week residencies. The company hopes to offer two theater productions, originally planned for the 2020-21 season, in October and November of this year, according to BST co-founder Steven Patterson.

“Those depend, of course, on how smoothly the vaccinations go, whether the infection rates go down, when venues are permitted to reopen, and if Actors’ Equity makes a decision to begin reissuing the type of contracts we use at BST. That’s a lot of ‘if’s,” Patterson said. “Regardless, there’ll be no ‘season’ this year — simply individual productions, with the hope that we’ll be able to return to  mounting a full season in 2022.”

Though Schenectady-based Proctors Collaborative in March 2020 laid off 80 percent of the staff at its headquarters and its affiliates, Capital Repertory Theater in Albany and Universal Preservation Hall in Saratoga Springs, the buildings safely hosted hundreds of events over the past year, from its High School Technology Program to streaming concerts, Empire State Youth Orchestra rehearsals and the Schenectady Greenmarket, said CEO Philip Morris via email

“We have tons of planning done, and tons of experience and updates to our facilities to make audiences safe,” Morris said.

Still, the core of Proctors’ income is from touring Broadway shows, which are usually huge operations that cannot go out on the road safely or with economic viability under current health and capacity restrictions, for audience, casts and production crews. Livestream events with small audiences and minimal performers are being planned, and The Rep and UPH are likely to have small summer shows with “TINY audiences,” Morris wrote. But there will be no Broadway musicals at Proctors for at least the rest of this year, he said.

The Saratoga Performing Arts Center will be holding concerts for its chamber music residency in an open-sided greenhouse at a nearby farm. It is awaiting new guidance from the state on regulations for large outdoor entertainment venues, expected soon, said President and CEO Elizabeth Sobol.

“We have plans for our resident companies to return this summer,” Sobol said via email, referring to the New York City Ballet and Philadelphia Orchestra, “as well as other SPAC-produced events like our Freihofer’s Saratoga Jazz Festival. Once the new guidelines are released, we anticipate that we will be able to start announcing these programming details.”

It could not be immediately determined whether Live Nation, which books pop, rock and country shows at SPAC, would have any tours available for Saratoga this summer, given the economics of severely limited capacity.

Bob Belber, general manager of the Times Union Center in Albany, where Live Nation is among the concert promoters that rents the venue, said, “We are effectively closed (for live entertainment) until the capacity is expanded.” A end-stage concert at the TU Center can hold about 12,000 people, which present regulations limit to 1,200 — too few to be economically viable. However, Belber said, the venue has been told it will be allowed 25 percent capacity for arena football when the Albany Empire’s season returns May 22. Being able to offer a medium-size touring musical act a similar capacity for a two- or three-concert stay might make the arena attractive to whatever performers may be touring by midsummer.

Belber said, “Everything is still mostly up in the air now, but with with the possibility of 25 percent capacity for concerts, motorsports and family shows, we’re finally looking at being able to bring people back.”

Leisure & leisure shares hit data as reopening commerce rolls on

Investors are preparing for fun times.

The PEJ entertainment and leisure ETF, what counts Disney, Airbnb and Live nation, reached a record high for the third time in a row on Thursday. It’s up 32% in 2021, more than six times the profits for that S&P 500.

One of the high flyers was AMC Entertainment, borne by the interest of private investors and Reddit investors. That stock is up 385% so far this year.

Danielle Shay, director of options at Simpler Trading, said it would be wise to wait for some of the names.

“I’d caution investors. Don’t bite the highs. You can look at hot stocks within this entire ETF and try to find the ones that are pulling out,” she told CNBC.Trading nation” on Thursday.

One name Shay recommends is Chipotle, up 10% this week, but worse than the S&P 500 overall in March.

“Chipotle has had a really nice withdrawal. Chipotle has been strong throughout the pandemic, which leads me to believe that anything that opens again just gets stronger in the aftermath,” Shay said.

Steve Chiavarone, portfolio manager at Federated Hermes, said federal fiscal policies should support consumer spending when the economy opens again.

“With all the momentum in the system, consumers are sitting on over $ 3 trillion in excess savings. They have a pent-up demand that they will provide, and we expect people to take longer vacations and keep going more Travel, visiting families they hadn’t seen a year earlier, and reallocating their budget to leisure and entertainment, stocks in this space will continue to benefit for quite a while, “he said on the same segment.

Another stock, Airbnb, could benefit from consumer desire for travel, according to Chayvarone.

“It’s a growth stock, it’s a very popular stock, and maybe it doesn’t really make sense where it’s trading, but the fact is, people are buying it and people are using Airbnb. I think Airbnb … in the near future Future will continue to rise, “said Shay.

Airbnb was one of the top performers in the PEJ ETF on Thursday, up nearly 8%. It trades with a 24x price-performance ratio. In comparison, the S&P 500 is traded less than three times.

Disclosure: Shay holds ABNB.

Disclaimer of liability

Shares are buying and selling on reopening optimism, however dangers stay

The stock market is betting on reopening optimism, which will cause technology stocks to fall and cyclical stocks to rise in Tuesday’s session, CNBC’s Jim Cramer said.

While key averages were all down at close of trading, Cramer said the action was defined by a decline in consistent operators and an increase in sporadic boom-and-bust stocks.

“It’s all about optimism folks. Investors vote with their feet.”Bad money“Host said.” You’re leaving those secular growth stories, the stocks of companies that do well regardless of whether the economy is hot or cold. Instead, they find their way into stocks of companies that only make big bucks when business is booming. “

The comments come after the overall market pulled back on Monday’s gains that followed a tough sell-off last week. The Dow Jones industry average Tuesday fell 144 points to 31,391.52, down 0.46%. The S&P 500 pulled back 0.81% to 3,870.29. The tech heavy Nasdaq Composite fell 1.7% to 13,358.79.

The S&P sector indices, with the exception of materials, also traded lower during the session. The market was toughest in tech and consumer staples, with both indices dropping more than 1% along with the Nasdaq.

Cramer said the market activity reflects investors betting on the chances that citizens will soon be able to drop their Covid-19 protective masks and that states will soon be dropping coronavirus restrictions thanks to the country’s advances in vaccines The economy can return to normal. Still, a tug-of-war remains between those who are optimistic and those who are cautious, he added.

The governors of Texas and Mississippi on Tuesday announced plans to lift mandates to wear masks and all restrictions on doing business in their states.

“You bet we’ll soon be able to rip our masks off and get back to normal, and that’s the core of this market right now,” Cramer said. “Right now, it’s the people who believe our long national nightmares are over. They are the ones who win.”

However, he warned that the moment in the market is still prone to risk. Cramer said the country could reopen too quickly and that variants of the virus, such as the strain first spotted in South Africa, could lead to further spikes if the country drops its guard.

While President Joe Biden expects to sign a $ 1.9 trillion stimulus package that will be on its way through Congress later this month, any hiccups in Senate enforcement could hit the market impact.

“There’s still a lot that could go wrong,” said Cramer.

Questions for Cramer?
Call Cramer at 1-800-743-CNBC

Would you like to dive deep into Cramer’s world? Open it up!
Mad Money Twitter – – Jim Cramer Twitter – – Facebook – – Instagram

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

Efficiency venues, leisure facilities put together for reopening

Some indoor New Mexico venues like Popejoy Hall are continuing to prepare. You can get up to 33% capacity in the state Turquoise reopening degree.

The employees are aiming for shows in the fall. They were busy making security changes and rescheduling services. They had to cancel some shows, but they also added musicals like Mean Girls, and Hamilton is on the calendar in January.

“We’re very optimistic, but we have to fill the Popejoy and that’s 1,985 patrons,” said Thomas Tkach, director of Popejoy Hall. “So we have to make sure of that, and of course we’ll keep an eye on that. We don’t open until the fall, so we’re very confident that things will change to our advantage. “

The early reopening stages aren’t that attractive to Popejoy.

“Financially, it really doesn’t make sense for Popejoy to do 25%,” Tkach said.

Non-subscribers can search for tickets from the end of March.

OTHER COMPANIES

Many indoor entertainment centers can reach up to 50% capacity in the turquoise reopening stage. A Meow Wolf representative in Santa Fe said he would have more details on reopening the plans next week.

Other places like bowling alleys, announced to KOB 4 that they are ready to do business again, and bars and nightclubs have been waiting for their return for a while.

Albuquerque Downs and Casino announced on social media that its casino will reopen on Saturday.