Tag: financial crisis

Strongest year-by-year growth in a decade expected

Juergen T Steinmetz Juergen T Steinmetz- March 27, 2019 01:10

The number of business trips and the cost of those trips is set to rise in 2019, according to the 14th annual International Travel Management Study (22 October 2018). Almost ... Read More

2019 Quality of Living: Vienna is still the world’s best city

Chief Assignment Editor Chief Assignment Editor- March 13, 2019 15:42

Trade tensions and populist undercurrents continue to dominate the global economic climate. Combined with the threat of stringent and inconsistent monetary policies looming over markets, international businesses are under more ... Read More

WTTC: Greek tourism sector growing over three times faster than wider economy

Juergen T Steinmetz Juergen T Steinmetz- March 13, 2019 10:14

In 2018, the Greek Travel & Tourism sector grew at a rate of 6.9% - over three and a half times the pace of its wider national economy, which grew ... Read More

Flood of millionaire migrants triggers luxury property crisis in Monaco

Chief Assignment Editor Chief Assignment Editor- January 30, 2019 18:30

Small principality of Monaco has become so attractive to the ultra-wealthy willing to shelter their funds from taxes that Monaco's reigning monarch Prince Albert II has given the green light ... Read More

Iconic New York City skyscraper is looking for buyer

Chief Assignment Editor Chief Assignment Editor- January 9, 2019 22:57

The owners of the Chrysler Building in New York are planning to sell the skyscraper, according news reports. But this may not be easy, since this symbol of Manhattan was ... Read More

Suspended! Fastjet airline services in Tanzania

Apolinari Tairo - eTN Tanzania Apolinari Tairo - eTN Tanzania- December 18, 2018 01:59

Fastjet airline officials said late last week that its flights would be canceled through the end of January. Read More

Most expensive ‘Christmas tree’ in Europe made of pure gold

Chief Assignment Editor Chief Assignment Editor- December 15, 2018 18:12

In honor of the much-anticipated festive season, German gold dealer Pro Aurum has erected the most expensive Christmas tree in Europe. The unusual decoration is made of gold coins worth ... Read More

Indebted Hungary puts citizenship up for sale

editor editor- October 31, 2012 09:03

BUDAPEST, Hungary - Hungarian lawmakers came up with a very creative way to deal with the country’s financial crisis – now any foreigner can obtain permanent residency and ultimately Hungarian ... Read More

Switzerland is suffering from euro crisis

editor editor- July 27, 2011 06:38

(eTN) - Due to the high Swiss franc, tourists are staying away from the Swiss Alps this summer and the entire Swiss tourism industry is facing a novum. Read More

Large banks creating a crisis for hoteliers

editor editor- October 7, 2010 04:51

Almost 100 Asian American hotel owners held an emergency meeting in Atlanta in late August 2010 to discuss a strategy for addressing the financial crisis being created by the lending ... Read More

14 Algerian airports face closure threat

editor editor- April 28, 2009 12:08

Fourteen airports in Algeria are under threat of closure due to losses incurred from the global economic crisis. Read More

China can lead tourism’s support of the G20 program

editor editor- April 23, 2009 05:08

Tourism and travel can support the G20 stimulation programs. It creates jobs, boosts development, and promotes open, two-way trade. Read More

ITB Business Travel Days: business travel at a time of financial crisis

editor editor- December 16, 2008 01:46

BERLIN - Business travel at a time of global financial and economic crisis is a new challenge facing an industry which, according to conservative estimates, guarantees employment for well over ... Read More

Tourism and financial crisis – 84th session of the Executive Council of UNWTO

editor editor- October 17, 2008 00:14

MADRID - UNWTO's Executive Council met in Madrid from October 14-15 and agreed to create a "Resilience Committee" to support its members with accurate economic analysis and response mechanisms. Read More