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Iceland volcanic ash affected more sectors than global aviation, Oxford Economics...

(eTN) - The April 14, 2010 eruption by Iceland’s Eyjafjallajokull Volcano, which spewed an ash plume which rose over three kilometers, gave not only the global travel and tourism sector heavy beatin

2008 is bumpy for US hotel business

Los Angeles, California (eTN) - At the Americas Lodging Investment Summit (ALIS) held last week in L.A., top hotel experts forecast industry meltdown in the days of the current, or impending recession. Main implications for 2008 show occupancy rates; average rates and revenues softening moderately in the US, according to the Oxford Economics.