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Hotel prices drop 17 percent worldwide

Lowest Rates In 5 Years Hotel prices drop 17 percent worldwide

eTN Staff Writer

In the first 6 months of 2009, the average price of a hotel room around the world fell by 17 percent,according to the latest Hotels.com Hotel Price Index.

Spain projects 10% decline in foreign visitors

Spain's Tourism To Drop Spain projects 10% decline in foreign visitors

MADRID — The Spanish government said Thursday it expects to see a 10 percent drop this year in the number of foreign tourists in the country, the world's third most popular holiday ...

Rates at Miami hotels drop 21%

Miami Hotels Lower Rates Rates at Miami hotels drop 21%

Miami is among the top 10 markets in the country where hotel rates have dropped the most in the last year, according to a new report from Hotwire.com.

Ireland's tourism nosedives

Ireland Ireland's tourism nosedives

The continuing slump in Ireland's tourism sector shows no sign of easing with data for June showing a further sharp decline in visitor numbers.

Cathay Pacific parking planes after sales take a dive

Cathay Pacific Airways Cathay Pacific parking planes after sales take a dive

Cathay Pacific Airways Ltd., Hong Kong’s biggest carrier, intends to park six passenger planes by the end of the year after first-half sales slumped 27 percent.

Desperate Las Vegas slashes prices to lure the tourists back

Las Vegas Desperate Las Vegas slashes prices to lure the tourists back

Las Vegas is ramping up to slash hotel prices and room rates as the economic downturn has driven away tourists from the visitor-dependent city.

China's tourist numbers continue to decline

China China's tourist numbers continue to decline

As countries around the world are hit hard by the financial crisis, China’s tourism industry is impacted with ongoing decreases, as fewer tourists are coming from the US and Europe, according to ...

Air Transport Association reports sharpest drop in passenger demand in a decade

Passenger Revenue Down 26% In June Air Transport Association reports sharpest drop in passenger demand in a decade

eTN Staff Writer

The Air Transport Association of America (ATA) today reported that passenger revenue fell 26 percent in June 2009 versus the same month in 2008 - the eighth consecutive month in which passenger ...

IATA reports drop in premium business and first-class travel

Premium Travel Declines IATA reports drop in premium business and first-class travel

Premium business and first-class travel continued its 12-month drop in May, International Air Transport Association (IATA) reported Thursday.

Greek tourism sheds more than 19,000 jobs

Greece Greek tourism sheds more than 19,000 jobs

ATHENS - Greece's tourism industry has shed more than 19,000 jobs after arrivals at airports dropped by nearly a tenth in the first six months of the year, a trade group said on Tuesday.

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