Tag: economic crisis

Arab Hotel Investment Conference is back: Why it’s so amazing

Elisabeth Lang - special to eTN Elisabeth Lang - special to eTN- April 11, 2019 03:44

Last year, the move of the 14th Arab Hotel Investment Conference (AHIC) from Dubai Jumeirah Madinat to the neighboring Emirate Ras Al Khaimah (RAK) was a huge challenge. Ras Al ... Read More

Alitalia airline: Of back doors and scoundrels?

Mario Masciullo - eTN Italy Mario Masciullo - eTN Italy- February 22, 2019 01:37

Deputy Prime Minister and Minister of Economic Development, Luigi Di Maio, meeting the unions at Mise, (Ministry of Economic Development) outlined the account of the new company, AZ, and declared, ... Read More

$12.60 per gallon: Zimbabwe sets world’s gasoline price record

Chief Assignment Editor Chief Assignment Editor- January 15, 2019 16:45

Zimbabwe is in the midst of an severe economic crisis and acute shortage of foreign currency, which has led to fuel, bread and other essential goods shortages. Many Zimbabwean companies ... Read More

Top countries most of world’s ultra-wealthy call home

Chief Assignment Editor Chief Assignment Editor- December 22, 2018 19:40

Aggregate global wealth grew by $14 trillion, hitting an enormous figure of $317 trillion over the 12 months through the end of October, according to latest Global Wealth Report, revealed ... Read More

Avoiding dangerous vacations 2018

Hon. Thomas A. Dickerson Hon. Thomas A. Dickerson- September 19, 2018 21:27

This is the sixth year that we have posted dangerous vacations destination information collected from news articles and reported law cases. Read More

Brits flock to Greece

editor editor- May 28, 2012 06:12

British holiday bookings to crisis-hit Greece are soaring, despite the country's economic woes. Read More

Brazil warns of global rift unless economic crisis is resolved

editor editor- September 22, 2011 06:41

Unless governments take urgent steps to deal with the ongoing global economic crisis, “a grave political and social rift” could open up between countries and peoples, Brazilian President Dilma Rou Read More

Debt crisis may shrink inbound tourism to India

editor editor- August 23, 2011 06:14

NEW DELHI, India - The ongoing debt crisis in the US and Europe is expected to impact inbound tourism into India this season, according to hoteliers and travel companies. Read More

Exports led Asia-Pacific out of the global economic crisis

editor editor- July 26, 2011 05:27

Exports have led Asia and the Pacific out of the global economic crisis, according to a new United Nations report, but it will be difficult to continue the growth without ... Read More

Greek tourism: Crisis? What crisis?

editor editor- June 21, 2011 06:16

The economy is tanking. The government is on the brink. The treasury is fending off market vigilantes and credit downgrades. Read More

International tourist arrivals back at pre-crisis peak level

editor editor- November 10, 2010 05:16

Results through August 2010 prove that international tourism continues to recover from the decline of 4.2% suffered last year under the impact of the economic crisis. Read More

What does the Greek economic crisis mean for a visitor to Greece?

editor editor- April 26, 2010 05:49

The Greek economy is in critical condition. Stories about the Greek government's austerity plans–and the strikes to protest it–are headline new in Europe. Read More

Seychelles Tourism ends 2009 on a high note having weathered the economic crisis

editor editor- December 10, 2009 09:17

The Seychelles took stock of the world economic crisis and reacted to mitigate the effects by handing over the control of their main industry over to the private sector. Read More

Accor Asia Pacific: “Crisis? What a crisis?”

editor editor- November 4, 2009 04:38

The economic crisis has shifted priorities for many hotel companies, but Accor Asia Pacific sees opportunities out of the current economic turmoil. Read More

Elbow Beach hotel in Bermuda will partially close

editor editor- October 22, 2009 06:04

Elbow Beach Hotel in Bermuda will lay off about 160 employees by the end of November as it shutters 131 rooms of its century-old main building and outsources food and ... Read More

Malaysia’s tourism defies economic crisis

editor editor- September 15, 2009 05:22

KUALA LUMPUR - Malaysia's travel industry is showing no signs of decline despite the global economic crisis. Read More

Dubai’s biggest merger ever may be only way out of meltdown

editor editor- June 29, 2009 10:47

Last Saturday, Dubai’s Emaar Properties announced it is expecting a huge merger to be completed within four months with three real-estate units of Dubai Holding, which is owned by the ... Read More

Economists warn of longer, deeper recession, oil hike, home decline to impact travel

editor editor- June 15, 2009 06:40

More doom and gloom in 2009 for the US economy and the lodging industry was spelled out by top US economists speaking at the 31st Annual New York University International ... Read More

US tourism industry: NOT totally out of the dark yet

editor editor- June 9, 2009 10:50

The struggling economy in the US and around the world has taken a serious toll on the travel industry, as it has on most other businesses. Read More

Economic meltdown only latest in woes for oil-rich Central Asian state of Kazakhstan

editor editor- January 13, 2009 10:12

With economic turmoil ravaging world markets, political or economic instability anywhere comes with incrementally higher stakes. Read More

R.O.A.R.: An economical solution for meeting planning

editor editor- November 25, 2008 05:57

In this economically challenging time, is there a “good for me, good for you, good for them” option for meeting planners? The answer is a resounding yes! Read More

R.O.A.R.: Recession is great for UK and Europe

editor editor- October 30, 2008 21:44

The recession is great news for the travel industry in the UK and Europe. Read More

Recession may mean opportunities to some in the travel industry

editor editor- October 24, 2008 10:35

Leading hospitality, timeshare and fractional leaders all across the country express concerns over business during these hard times. Read More

R.O.A.R: Economic crisis

editor editor- October 24, 2008 10:25

I have been in the hospitality industry for over 30 years and my take on this current crisis is as follows: Read More

Biofuels become aviation’s big focus

editor editor- June 30, 2008 08:53

As concerns about global warming intensify throughout the world, aviation is receiving a disproportionate level of scrutiny for its contribution to total global production of greenhouse gases. Read More