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Tag: rebound

Europe falls behind USA in cost of living

Chief Assignment Editor Chief Assignment Editor- June 13, 2019 17:15

ECA International’s latest Cost of Living report today reveals that Europe now accounts for less than a fifth of the world’s most expensive cities, with 11 European cities dropping out ... Read More

South East Asia Hotel Investors’ Summit will tackle emerging challenges to regional hotel markets

Chief Assignment Editor Chief Assignment Editor- May 14, 2019 18:36

The South East Asia Hotel Investors’ Summit returns for its third edition in May and will again feature top executives from both hotel owning groups and management companies addressing issues ... Read More

Trade at WTM Africa confident of market rebound for Seychelles

editor editor- April 18, 2019 20:59

Tour operators visiting the Seychelles stand at the World Travel Market in Cape Town last week have expressed their confidence in the island destination, as forward bookings are looking very ... Read More

Hotelbeds confirms strategic partnership with KILIT HOSPITALITY GROUP

Chief Assignment Editor Chief Assignment Editor- April 11, 2019 16:10

Hotelbeds has announced today a strategic distribution partnership with KILIT HOSPITALITY GROUP, Turkey’s largest leisure hotel company and the owners of Crystal Hotel Chain, Amara World Hotels and Nirvana Lagoon ... Read More

Ethiopia, Rwanda and Uganda: Top 10 improved world travel destinations

Apolinari Tairo - eTN Tanzania Apolinari Tairo - eTN Tanzania- April 10, 2019 00:59

Three Eastern African nations have emerged among the top ten fastest-growing destinations for tourism in the world. The 2019 annual report compiled by the World Travel and Tourism Council (WTTC) ... Read More

John Q. Hammons: Master hotel developer and builder

Stanley Turkel CMHS hotel-online.com Stanley Turkel CMHS hotel-online.com- March 16, 2019 18:25

One of the great hoteliers/developers of our time, John Q. Hammons developed 200 hotel properties in 40 states. But mere statistics hide the essence of Mr. Hammons special development techniques. ... Read More

WTTC: African tourism sector booming

Juergen T Steinmetz Juergen T Steinmetz- March 13, 2019 10:17

Travel & Tourism in Africa is booming, growing 5.6% in 2018 compared to the global average of 3.9% and the broader African economy rate of 3.2%. This places Africa as ... Read More

Cayman Islands breaking tourist records

editor editor- January 26, 2019 01:49

The Cayman Islands has maintained its market share with another year of record-breaking statistical arrivals. Read More

UNWTO chief: Growth of African Tourism as industry remains resilient

Chief Assignment Editor Chief Assignment Editor- December 28, 2018 17:30

The festive season in Africa also marks the highest season in the tourism industry, as demand for getaway destinations in the continent surges. According to a Hospitality Report Africa - ... Read More

IATA: Airline passenger demand rebounds in October

Chief Assignment Editor Chief Assignment Editor- December 6, 2018 07:30

The International Air Transport Association (IATA) announced global passenger traffic results for October showing that demand (measured in revenue passenger kilometers, or RPKs) rose 6.3% compared to the same month ... Read More

Global hotel rates for business travel come within 1 percent of 2008 and 2007 levels

editor editor- September 29, 2012 02:18

DALLAS, Texas – Average hotel daily rates paid for corporate travel in August were within 1% of those paid pre-recession in August 2007 and 2008 globally, according to data released ... Read More

Continued rebound in global business travel reported

editor editor- November 2, 2011 05:16

DALLAS, Texas - According to the latest Hotel Price Index, business travel to many of the world's economic hotspots increased in the first half of 2011, with hotel prices in ... Read More

Bahamas tourist numbers on the rise

editor editor- July 13, 2011 07:40

The Bahamas will record a 3 to 4 percent increase in tourist arrivals for all of 2011 despite a 4.4 percent decline in the first four months of the year, ... Read More

Chinese tourism to Japan rebounds

editor editor- June 28, 2011 08:04

BEIJING, China - Japan will shorten its group visa approval process for Chinese travelers effective from July 1 in order to stimulate slumping tourism in the wake of the 9.0-magnitude ... Read More

Aviation news: Asia-Pacific airlines raising prices as travel rebounds

editor editor- September 9, 2010 04:47

SINGAPORE — Asia-Pacific airlines are raising ticket prices as travellers return in their droves after holding back on their travel plans last year because of the global recession. Read More

Lebanon tourist numbers up 39%

editor editor- April 2, 2010 06:13

Lebanon - Lebanon’s tourism industry saw a major rebound in 2009, the World Tourism Organization announced this week. Read More

Report: International luxury travel recovering

editor editor- March 10, 2010 02:39

International leisure travel is leading the current economic recovery, according to a recent study by Virtuoso, as members have confirmed that people are once again traveling and are no longer ... Read More

Indian Ocean’s island destinations hope for tourism recovery in 2010

editor editor- January 22, 2010 03:58

ANTANANARIVO - The Indian Ocean's luxury island destinations eye a tourism rebound in 2010 after receipts fell sharply last year despite better than expected arrival numbers. Read More

International tourism on track for a rebound after an exceptionally challenging 2009

editor editor- January 19, 2010 04:31

Growth returned to international tourism in the last quarter of 2009 contributing to better than expected full-year results, according to the latest edition of the UNWTO World Tourism Barometer. Read More

UNWTO: Global tourism to see “moderate recovery” in 2010

editor editor- November 11, 2009 03:36

MADRID — The global tourism sector will post a "moderate recovery" in 2010 after slumping this year due to the recession, with Asia set for the strongest rebound, the UN ... Read More

Moody’s doesn’t expect hotel and cruise industry recover until 2010

editor editor- October 6, 2009 03:37

NEW YORK - Moody's Investors Service said Monday that it doesn't expect a rebound in the lodging and cruise industry until at least late next year, perhaps even 2011. Read More

Examining the global luxury travel market during the recession

editor editor- May 29, 2009 05:11

In April 2009, The Leading Hotels of the World, Ltd. engaged Market Metrix to conduct two surveys to gauge the views and behaviors of its hoteliers and consumers during the ... Read More

US Commerce Department forecasts rebound in international travel to the United States by 2010

editor editor- May 23, 2009 12:23

The US Department of Commerce projects international travel to the U.S. to regain its footing by 2010, following its first forecasted year of decline in 2009 since 2003. Read More

Travelers resilient amidst spate of bad economic news

editor editor- December 11, 2008 02:36

SAN FRANCISCO, CA - Despite a recent deluge of bad economic news, American travelers are surprisingly optimistic about their future leisure travel and spending, according to the findings of a ... Read More