Tag: rebound
Europe falls behind USA in cost of living
Chief Assignment Editor- June 13, 2019 17:15ECA 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- May 14, 2019 18:36The 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- April 18, 2019 20:59Tour 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- April 11, 2019 16:10Hotelbeds 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- April 10, 2019 00:59Three 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- March 16, 2019 18:25One 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- March 13, 2019 10:17Travel & 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- January 26, 2019 01:49The 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- December 28, 2018 17:30The 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- December 6, 2018 07:30The 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- September 29, 2012 02:18DALLAS, 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- November 2, 2011 05:16DALLAS, 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- July 13, 2011 07:40The 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- June 28, 2011 08:04BEIJING, 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- September 9, 2010 04:47SINGAPORE — 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- April 2, 2010 06:13Lebanon - 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- March 10, 2010 02:39International 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- January 22, 2010 03:58ANTANANARIVO - 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- January 19, 2010 04:31Growth 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- November 11, 2009 03:36MADRID — 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- October 6, 2009 03:37NEW 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- May 29, 2009 05:11In 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- May 23, 2009 12:23The 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- December 11, 2008 02:36SAN 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