Tag: economics
Second largest airport in the world about to open
The new Beijing Daxing International Airport completed its first test flights of passenger planes in May 2019. The airport's construction is expected to be completed on June 30 and flight ... Read More
Timbers Resorts appoints Sean McLaughlin chief financial officer
Timbers Resorts, the leading developer and operator of luxury boutique properties around the globe, announces today the appointment of esteemed finance and strategy professional, Sean McLaughlin, as the company's new ... Read More
Travel Trends Index: Steady April growth, but international outlook alarms
Overall travel to and within the U.S. grew 3.0% in April, including an expected 5.6% recovery surge in year-over-year international travel due to the timing of the Easter holiday. But ... Read More
Benchmark appoints new Vice President of Business Development
Benchmark has appointed Mitch Garrett vice president of business development. Jarrad Evans, senior vice president, business development & strategy, made the announcement. “It is such a pleasure to welcome Mitch ... Read More
Yasawa Island Resort & Spa appoints new Representative for Europe
As part of the plan to further develop and expand its business in Europe, Yasawa Island Resort & Spa, Fiji has recently appointed Eva Huber as its new Sales & ... Read More
Air New Zealand to add Boeing 787 Dreamliners
Boeing and Star Alliance member Air New Zealand today announced the airline plans to add the largest 787 Dreamliner model to its world-class fleet with a commitment to buy eight ... Read More
48 million Americans would skip a credit card payment over a vacation
48 million Americans say they would skip a credit card payment before they’d skip a vacation, according a new survey published today. Survey Key Findings: • 19% of people would ... Read More
Prague breaks meetings record: Top-ranked MICE destination
Prague hosted a record number of conferences and congresses in 2018. Over 4,500 events took place in its collective accommodation establishments last year – that is more than a third of ... Read More
Failed project: South Africa’s economic & social decay worst for any non-war-torn country
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
RCI announces new Managing Director for Europe, the Middle East and Africa
RCI, the world's largest timeshare vacation exchange network as part of Wyndham Destinations, has announced the appointment of Paul Mulcahy as Managing Director for RCI operations in Europe, the Middle ... Read More
Airbus first in the Americas: Azul A330neo
he first A330neo of the Americas has been delivered to Azul Linhas Aéreas on lease from Avolon, becoming the first airline from the Americas to fly the A330-900. The aircraft ... Read More
International inbound travel to US falls by whopping 5.4 percent
What caused the big dip in international inbound travel in the United States this past March? Could it really have been due to a holiday? Travel to and within the ... Read More
Short time fame for the new Greek Tourism Minister?
Greek Tourism Minister Elena Kountoura submitted her letter of resignation to Prime Minister Alexis Tsipras last week. She resigned to win a seat in the European Parliament. Elena Kountoura was ... Read More
Brand USA propels tourism as economic driver
This year’s National Travel and Tourism Week, May 5-11, again celebrates the role of one of the most significant and vibrant industries in our country. Tourism, after all, is among ... Read More
South Africa Tourism Ministry and African Tourism Board Officials meet and agree with SA President Cyril Ramaphosa
African Tourism Board Vice President Cuthbert Ncube today at Indaba in Durban met with the Honorable Deputy Minister of Tourism for the Republic of South Africa, Elizabeth Thabethe; Her Excellency ... Read More
Boeing names J. Michael Luttig Counselor and Senior Advisor, Brett Gerry General Counsel
Boeing today named J. Michael Luttig to the newly-created position of counselor and senior advisor to Boeing Chairman, President and CEO Dennis Muilenburg and the Boeing board of directors. Brett ... Read More
Drink like a New Yorker
If you live in New York, work in New York or are doing business in New York – there is only one appropriate drink to order…New York State wines. New ... Read More
Air Mauritius takes delivery of its first Airbus A330neo jet
Mauritius has taken delivery of its first A330-900, on lease from ALC during a ceremony held in Toulouse. The National carrier of the Republic of Mauritius is the first A330neo ... Read More
Oxford Economics: Brand USA’s marketing initiatives drove record international visitor spending
Today, Brand USA, the destination marketing organization for the United States, announced that a study by Oxford Economics shows Brand USA’s marketing efforts are generating a high return on investment ... Read More
New GM appointed at Le Meridien Kota Kinabalu
Le Méridien Kota Kinabalu announced the appointment of Mr. Kanit Sangmookda as the new General Manager responsible for all areas in the Malaysian hotel including product development, financial performance, brand ... Read More
Uganda Airlines firms up orders for two Airbus A330neo aircraft
Uganda Airlines, the national carrier of Uganda, has firmed up its order for two A330-800 airliners, the latest version of the most popular A330 widebody airliner. Fitted with the new ... Read More
Carlos Vogeler starts leading position at Ministry of Tourism in Oman
It appears the implementation of the National Tourism Strategy of Oman is in excellent hands. Last week Carlos Vogeler started a two-year contract with the Ministry of Tourism of Oman, ... Read More
Travel Trends Index: International and domestic travel growth projected to dwindle
Travel to and within the U.S. grew 3.2% year-over-year in February, according to the U.S. Travel Association's latest Travel Trends Index (TTI). However, the predictive Leading Travel Index (LTI) continues ... Read More
IMEX Policy Forum puts future city development front and center
Policy makers from national and regional governments worldwide will explore The Business of Placemaking with leading business events industry professionals at this year’s IMEX Policy Forum. This year the annual ... Read More
WTTC: Travel and Tourism is Zambia’s 2018 fastest-growing national economic sector
The World Travel and Tourism Council (WTTC) is getting ready for its Annual Summit in Seville next month, and Africa will be happy. Report after report is confirming enormous growth ... Read More
Swiss-Belhotel International appoints new General Manager for Swiss-Belinn Muscat
Swiss-Belhotel International has appointed Paul Uglesic as the General Manager for Swiss-Belinn Muscat in Oman. Paul has ten years of outstanding experience in the hospitality industry working with some of ... Read More
Pierre Dominique Prümm joins Fraport Executive Board
In its meeting today (Thursday, March 14), Fraport AG’s supervisory board appointed Dr. Pierre Dominique Prümm to the company’s executive board, effective July 2019. Prümm will take over board responsibility ... Read More
Tourism icon Eduardo Fayos-Solá died
Eduardo Fayos-Solá (Spain) passed away this morning. He is seen as one the icons in the travel and tourism industry for decades. He was the Executive Vice President of the Wine ... Read More
Ethiopian Airlines CEO Tewolde Gebre Mariam statement from the ET 302 crash site
Tewolde GebreMariam is the Group CEO, Ethiopian Airlines. The Ethiopian Airlines Group CEO deeply regrets the fatal accident involved on ET 302 /March 10 on a scheduled flight from Addis ... Read More
Airline pilots and crew enduring high levels of fatigue
A new study based on real-life operations of 24 airlines and carried out on behalf of the EU Commission and European Aviation Safety Agency (EASA) shows that night flights and ... Read More
Seattle Celebrates Record-Breaking Tourism Season with More Than 40 Million Visitors in 2018
Seattle and King Country saw record visitor volume, expenditures, tax contributions and travel-related employment for Seattle and King County in 2018 for the ninth year in a row. The results ... Read More
Czech Airlines Technics welcomes new Board of Directors member
Czech Airlines Technics (CSAT), a daughter company of Prague Airport, which provides aircraft repair and maintenance services, has appointed a new member to its Board of Directors. Effective Monday, 21 ... Read More
ExpressJet Airlines announces new CFO and Senior VP
ExpressJet Airlines, a United Express carrier, today announced John Greenlee has been named Chief Financial Officer and Senior Vice President of Planning and Operations Control. In this new role, he ... Read More
INTELITY hires key players to aid its 2019 expansion plans
INTELITY announced today that Young Lee and Erynn Torrenga have joined the company. Additionally, the company has promoted Benjamin Keller to SVP of Sales, West. These team members are integral ... Read More
Brussels preparing for 2019 European Association Summit
On Thursday 28 February and Friday 1 March 2019, international association professionals will meet for the European Association Summit. It will be held in Brussels, Europe's top conference city. The ... Read More
Travel Trends Index: Domestic business travel projected to surge
Travel to and within the U.S. grew 3.6 percent year-over-year in December, according to the U.S. Travel Association's latest Travel Trends Index (TTI)—marking the industry's 108th straight month of overall ... Read More