The economic threat to the travel and tourism industry

When historians of modern tourism write about tourism in the first decade of the twenty-first century they will most likely see it as one of continual trials and challenges.

China tourists, dollars could charm, alarm Taiwan

TAIPEI - Two decades after letting its people and companies go to China, Taiwan is opening itself to Chinese investors and visitors -- a move that could carry big economic dividends but also one fraug

US House of Representatives Passes "Travel Promotion Act of 2008"

WASHINGTON, DC (September 25, 2008) - The US House of Representatives today passed H.R. 3232, the "Travel Promotion Act of 2008," by voice vote.

Incentive industry concerns about the economy

(September 24, 2008) - Yesterday, the Incentive Research Foundation released the results of its newest pulse survey, titling the study, "Effects of a Down Economy on the Incentive Industry." A full 81

Wall Street meltdown to reduce Manhattan hotel occupancies

Buyers are turning up the heat in negotiations with New York hoteliers following the most disastrous week that Wall Street has seen in decades, the fallout of which is almost certain to deal a blow to

Business travel swoons alongside economy

Meetings, conferences and conventions in the coming months may get smaller and less lavish as airlines slash domestic flights, travel costs rise and the economy drags.

LAN offers new economy class on long-haul international flights

MIAMI, FL (September 4, 2008) - On international long-haul distance flights from South America operated by LAN, passengers will now be able to take advantage of a new on-board programming offer that p

Paris tourism on the rise despite economic woes

Paris tourism officials said Tuesday they expect visits to the City of Light to hold up this year despite a huge drop in the number of U.S.

Beach Fest warms up Hikkaduwa economy

Sri Lanka Tourism Promotions Bureau led an initiative to revive tourism and, through it, the economy of Hikkaduwa paid off with over 10,000 people converging in the one-time popular costal resort town

London's economy hit as tourism tapers off

LONDON - Rising inflation and faltering consumer confidence are hurting London's tourism industry, according to the capital's tourism authority, with prospects poor for the rest of this year and next.

Down the US economy goes

Three top US economists have shed light on several issues that plague the country. There all agree that 2008's outlook is bleak.

Israeli tourism peaks, despite dollar slump

TEL AVIV, Israel (eTN) - The US is heading into a recession, the dollar is weak and Israel is grappling with the usual security concerns on its various borders – but the summer of 2008 is shaping up to be one of the holy land’s best in terms of tourism.

Business travelers changing behaviors in current economy

With a lagging economy causing many travelers to change their ways, more than two-thirds (68%) of those surveyed this month by Orbitz for Business and Business Traveler Magazine say they are now staying at less expensive/lower star-rated hotels to save on travel costs.

Donald Trump dismayed with the US and the economy

NEW YORK (eTN) - How the US and the economy would fare in the coming days looks bleak in the eyes of real estate mogul-turned-television personality, Donald J. Trump, chairman and president of The Trump Organization. For America’s top real estate magnate, other countries will do far better than the US in the years ahead.

As economy lags, more lesbians and gays plan travel

According to a recent U.S. national survey conducted by Harris Interactive®, 38 percent of gay and lesbian adults report they are absolutely certain or very likely to take their vacations as planned this year, compared with 34 percent of their heterosexual counterparts.

Uganda inflation targets crushed by fuel price rise

KAMPALA, Uganda (eTN) - The fast rise in recent weeks of all types of fuel, combined with a shortage of diesel, which is gradually now easing again in the region following a major delivery to the port of Mombasa, has driven inflation to new levels.

Americans still traveling despite economy

The falling dollar, rising gasoline prices and general economic angst apparently can't counteract Americans' wanderlust, at least for Americans who are paying their own way.

That business trip you were hoping for, however, might be harder to come by.

The subprime summer vacation

Sky-high gas prices. Airline misery. A weak dollar. Fears of a recession. For many Americans, it all adds up to downsized travel plans this season.

Cruise sector will survive economic slump

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.

Trouble in Paradise: Kauai vs. tourists

KOLOA, Kauai — This winter's candlelight vigils and banner-waving protesters are gone, their legal challenges exhausted. Soon, bulldozers could roll past Koloa's wooden sidewalks, clucking chickens and stop sign plastered with a "Die Developers Die" bumper sticker, ready to transform a ragtag grove of monkeypod trees into a shopping ... read more