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Tag: slump

Equatorial Guinea Tourism: A 5 Star Sofitel Resort, but where are the visitors ?

Juergen T Steinmetz Juergen T Steinmetz- May 26, 2019 08:06

There is not much known about tourism opportunities in Equatorial Guinea. The country is known as a notoriously closed country that has turned to tourism to help fill its coffers. ... Read More

CEO Ahmed of Emirates calls Lions Air B737 MAX crash a snag

Juergen T Steinmetz Juergen T Steinmetz- December 11, 2018 23:14

Fly Dubai is awaiting delivery of the Boeing 737 MAX, the same aircraft that just had a deadly crash when a Lion Air B737 MAX crashed in Indonesia recently. The ... Read More

South Korean hotels and tourism-related businesses could face a slump in 2013

editor editor- February 11, 2013 05:23

SEOUL, Korea - Three out of 10 South Korean hotels and other tourism-related businesses said they could face a slump this year due to the global economic slowdown and the ... Read More

Korea braces for slump in Japanese tourism

editor editor- April 19, 2011 05:19

Around this time of the year, local businesses related to the tourism industry such as hotels and airlines are busy preparing for the anticipated arrival of Japanese tourists during the ... Read More

Hawaii hotels lost $1.1B since 2008

editor editor- February 18, 2010 05:16

HONOLULU — A new report says hotels in Hawaii lost US$741 million last year, $1.1 billion since the tourism slump began in 2008. Read More

Boeing, Airbus see weak demand last for at least two more years

editor editor- February 4, 2010 05:23

Airbus SAS and Boeing Co., the world’s two biggest planemakers, expect a demand slump to continue for at least two more years as airlines pare growth following a record drop ... Read More

L.A. JW Marriott and Ritz-Carlton face tough debute

editor editor- January 20, 2010 06:39

The JW Marriott and Ritz-Carlton hotels that share a downtown building will open in coming weeks amid one of the worst slumps in years for the hospitality business. Read More

Heavy reliance on a single industry hurts Hawaii’s economy

editor editor- August 18, 2009 07:11

HONOLULU - Hawaii is facing its worst recession since becoming a state 50 years ago, dragged down by its reliance on a single industry. Read More

Guam’s Filipino tourism arrival on the upswing

editor editor- August 10, 2009 04:56

Matua Agupa Corp., the marketing arm of the Guam Visitors Bureau in Manila, is projecting a 5 percent to 8 percent increase in Filipino travelers to the island territory during ... Read More

Thomas Cook, British Airways fall after predicting 2-year slump

editor editor- March 13, 2009 03:03

Thomas Cook Group Plc and British Airways Plc slid in London trading after executives at both companies said the global recession may cripple tourism demand for two years. Read More

Southwest CEO says travel slump hasn’t hit bottom

editor editor- March 11, 2009 03:45

DALLAS — The chief executive of Southwest Airlines says travel slumped in early March from February's already sluggish pace and the airline industry hasn't yet hit bottom amid a recession. Read More

Couples are saying “I Don’t” to Hawaii Weddings

editor editor- March 10, 2009 04:24

According to state visitor statistics, the number of people traveling to Hawaii to get married last year plunged 16 percent from the previous year, to approximately 60,100 couples. Read More

Hawaiian Air ended ’08 with US$11.9M slump

editor editor- February 20, 2009 03:40

HONOLULU, HI - What began as a promising year for Hawaiian Airlines ended on a negative note due to volatile fuel prices and an "economic cataclysm" that resulted in a ... Read More

Economic slump derails America’s tourism boom

editor editor- February 12, 2009 04:07

BERLIN (eTN) - The global economic recession arrived on the US tourism scene in September 2008 like an abrupt cold-weather front. Read More

Premium air-travel slump gathers pace as trade slows

editor editor- January 20, 2009 03:10

Premium air travel slumped further in November as global trade slowed and business confidence waned, adding to carrier woes, the International Air Transport Association said. Read More

Ireland fights €300m slump in tourism

editor editor- December 29, 2008 04:05

Visitor numbers to Ireland are likely to drop by at least 5% next year, on top of the 3% decline this year, Martin Cullen, the tourism minister, has warned. Read More

Hawaii trying to combat major tourism slump

editor editor- December 10, 2008 02:57

The wide sidewalks along the usually bustling Kalakaua Avenue in Waikiki are empty, as are many of the stores, restaurants and famed beaches. Read More

Cruise sector will survive economic slump

editor editor- March 13, 2008 02:23

IN SPITE of gloomy economic forecasts, the cruise industry is in good shape to weather an economic downturn, speakers at the Seatrade cruise conference in Miami suggested this week. Read More

Gordon Brown attacked over slump in tourists

editor editor- February 18, 2008 12:56

Leisure industry leaders have lined up to blast the UK Government for its approach to tourism after figures showed that the number of visitors coming to Britain grew at its ... Read More