Home Tags Economic downturn

Tag: economic downturn

Economic downturn drives down slot prices

The bleak economic outlook in Europe means airlines can snap up slots at lower prices at London Heathrow, according to a senior member of BAA’s network team.

Green Globe Certification execs set the record straight

eTN: It is my understanding that I have Guido Bauer and Bradley Cox sitting in on this interview. Please explain to our audience what it is exactly your respective roles are at Green Globe?

Older generation will continue to travel despite downturn, but industry is...

LONDON (eTN) – According to a report released today at this year’s World Travel Market, Brits aged 45 and older are the least likely to rethink their vacation plans because of the financial crisis

Dubai tourism already defaulting

With its massive residential, commercial and leisure developments built on oil revenue (and, as it turns out, a foundation of shaky debt), Dubai has been steadily modeling itself for more than a decad

Colombia tourism grows despite drop worldwide

BOGOTA – Tourism in Colombia grew 9 percent from January to August this year compared with the same period in 2008, despite the general decline in the sector worldwide, the government said.

PATA confirms sharp decline in arrivals to Asia-Pacific with mild recovery...

BANGKOK (eTN) - The Pacific Asia Travel Association (PATA) released data on arrivals to Asia Pacific confirming that the region has been particularly affected.

Candan Karlıtekin: Turkish Airlines is on the roll

Speaking to journalists attending the launch of Turkish Airline’s (THY) first flight to the Indonesian capital of Jakarta, THY chairman Candan Karlıtekin said the Turkish flag carrier is determined

Investments pour into St. Kitts despite global economic downturn

BASSETERRE (eTN) - St. Kitts continues to attract major international tourism investments amid the ongoing worldwide turbulent economic environment.

Despite economic downturn Western Australia tourism on the rise

Tourism authorities in Western Australia say the rising fortunes of the budget airline industry is helping the sector survive the global economic downturn.

South Africa tourist slump sees growing retrenchments

A slump in tourism and conferences is hitting the hotel and events industry hard, particularly in Cape Town and Durban.

More flexibility for tourists in Cambodia and Vietnam

As the economic crisis takes its toll on tourism in Indochina, both Cambodia and Vietnam are introducing new measures aimed to boost tourist arrivals.

Increased budget for tourism in Thailand fails to reassure tourism professionals

BANGKOK, Thailand (eTN) - Thailand Prime Minister Abhisit Vejajjiva has designated tourism as a national priority.

Easyjet celebrates Lyon base anniversary

Celebrating its first anniversary of its Lyon base, Easyjet presence has unveiled ambitious expansion plans in France’s second largest city.

Tanzanian president worries about Africa’s economic future

DAR ES SALAAM, Tanzania (eTN) - In his address to senior executives International Monetary Fund and Africa High Level Conference, Tanzanian President Jakaya Kikwete expressed his worries over the fut

Marketing to succeed in difficult economic times

Every sector of business, including hospitality, faces momentous challenges stemming from the global recession.

Outlook for 2009 is bleak for US hotel industry

Though the novelty of this dreadful thought may have worn out in the last months and trade people don’t want to hear it any longer, experts paint a gloomy picture of the industry over the coming mon

Less traveling for UK travelers, but ethics and green issues still...

Nearly half of the UK population have already scaled back their holiday plans as a result of the recession, but two thirds still plan to take more eco-friendly holidays.

US travelers still keen on Tanzania despite economic downturn, tour operators...

The demand for Tanzania remains high and bookings have been brisk, tour operators all over the United States have confirmed.

Guests of top hotel chains targets of new Internet scam

A well-organized online fraud is scamming over 71,000 travelers each month as they book rooms online at some of America's best known hotel chains, including Hyatt, Clarion, TraveLodge, Comfort Inn, Re

FlyLAL declares bankruptcy

VILNIUS - FlyLAL, the Lithuanian flagship airline, has been forced to declare bankruptcy.

eTN Executive Talk: Climate change, anyone?

According to Shakespeare, “There is a tide in the affairs of men, which taken at the flood leads on to fortune.”

Travel pains amid recession

Orlando, Florida (eTN) - Will the current recession stop the Americans from traveling?

WTTC: International travel will spur tourism industry despite world economic woes

(eTN) - The World Travel & Tourism Council (WTTC) has said the industry will see no "real impact” in the year ahead even as the credit squeeze takes hold on household budgets worldwide, including travel.