Tag: declines

Hawaii Tourism: Visitor spending declined 6.2 percent in April 2019

Chief Assignment Editor Chief Assignment Editor- May 30, 2019 19:46

Visitors to the Hawaiian Islands spent a total of $1.33 billion in April 2019, a decrease of 6.2 percent compared to the same month last year, according to preliminary statistics ... Read More

Chinese tourism to US plummets as Trump’s trade war rages on

Chief Assignment Editor Chief Assignment Editor- May 30, 2019 01:01

Number of tourists from China to the United States dropped for the first time in 15 years, despite that the total outbound trips of Chinese tourists rose significantly. Data released ... Read More

IATA: Air cargo demand continues negative 2019 trend

Chief Assignment Editor Chief Assignment Editor- May 29, 2019 19:05

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), fell 4.7% in April 2019, compared to the ... Read More

UK hotels suffer their largest profit decline since late 2016

Chief Assignment Editor Chief Assignment Editor- May 28, 2019 16:01

Hotels in the UK suffered their largest margin of year-on-year profit decline since late 2016, as ancillary revenues fell and costs soared in April, according to the latest data tracking ... Read More

Failed project: South Africa’s economic & social decay worst for any non-war-torn country

Chief Assignment Editor Chief Assignment Editor- May 14, 2019 01:35

Recent research from think tank Eunomix Business & Economics suggests that a much more sober view of South Africa is overdue. The study found that South Africa endured one of ... Read More

Hawaii Tourism Authority: Visitor spending down 2.4 percent in Q1 2019

Chief Assignment Editor Chief Assignment Editor- April 25, 2019 19:12

Visitors to the Hawaiian Islands spent a total of $4.52 billion in the first quarter of 2019, a decrease of 2.4 percent compared to the first quarter of 20181, according ... Read More

Hawaii hotels: Flat average daily rate, lower occupancy so far in 2019

Chief Assignment Editor Chief Assignment Editor- April 24, 2019 19:17

For the first three months of 2019, Hawaii hotels statewide reported flat average daily rate (ADR) and lower occupancy, which resulted in lower revenue per available room (RevPAR) compared to ... Read More

Number of Hawaii visitors up but spending down

editor editor- March 28, 2019 20:29

Visitors to the Hawaiian Islands spent a total of $1.39 billion in February 2019, a decrease of 2.7 percent compared to February 20181, according to preliminary statistics released today by ... Read More

Hawaii Tourism: Hawaii hotels’ occupancy, revenue down in February 2019

Chief Assignment Editor Chief Assignment Editor- March 25, 2019 19:55

In February 2019, Hawaii hotels statewide reported decreases in both average daily rate (ADR) and occupancy, which resulted in lower revenue per available room (RevPAR) compared to February 2018. According ... Read More

Uganda travel and trafficking

editor editor- March 23, 2019 19:00

Sub-Saharan Africa has enormous tourism potential: leopards lounging in acacia trees, elephant herds drifting across vast savannah plains, gorillas and chimps rioting in deep forests, the earliest traces of human ... Read More

Ebix offers to buy India’s largest corporate travel exchange

Chief Assignment Editor Chief Assignment Editor- March 11, 2019 19:05

Ebix, Inc. today announced that it has sent a letter to the Board of Yatra Online, Inc., outlining its offer to acquire 100% of the outstanding stock of Yatra Online ... Read More

Challenging start to 2019 for hotels in mainland Europe

Chief Assignment Editor Chief Assignment Editor- March 7, 2019 17:30

Profit per room at hotels in mainland Europe fell by 9.1 percent year-over-year in January—the largest margin of decline in this measure since August 2016—as revenues dropped and costs escalated, ... Read More

Hawaii Tourism: January visitor spending down 3.8%

Chief Assignment Editor Chief Assignment Editor- February 28, 2019 21:15

Visitors to the Hawaiian Islands spent a total of $1.62 billion in January 2019, a decrease of 3.8 percent compared to January 2018, according to preliminary statistics released today by ... Read More

Hawaii hotel performance overall declined

editor editor- February 26, 2019 22:36

In January 2019, Hawaii hotels statewide reported a small increase in average daily rate (ADR) but a decrease in occupancy resulted in lower revenue per available room (RevPAR) compared to ... Read More