Upscale tourism rapidly expanding

Cashing in on the luxury travel market

Despite the worldwide recession, there is one area of the tourism market that is rapidly ... read more

International Monetary Fund warns Hong Kong

IMF: Hong Kong may slide into recession

Hong Kong could slide into a recession next year because of depressed trade and instability in ... read more

Angelina Jolie adopted a child from America

McDonald's is selling the Quarter Ouncer and the Treasure Island Casino in Las Vegas is now managed by Somali pirates

The recession has hit everybody really hard...

-My neighbor got a pre-declined credit ... read more

Increasing Sustainability And Improved ROI Are Industry Hallmarks

IMEX America optimism index hints that worst of recession may be over

Positive responses to a meetings industry survey of buyers and suppliers in North America ... read more

Country Emerges From Recession

IMF completes first review under Extended Fund Facility Arrangement for Seychelles and approves US$3.3 million disbursement

The executive board of the International Monetary Fund (IMF) has completed the first review of ... read more

French Arrivals Decline In 2009

France receives 6% fewer tourists in 2009

France, the world’s most visited country, received 6 percent fewer tourists in 2009 because of ... read more

Growth In Asia Pacific, Middle East And Africa

Despite regional travel downturn Amadeus reports strong performance

Amadeus reported that its company has shown growth in bookings of more than 9 percentage points ... read more

Recession Takes Its Toll

Exhibition industry declines over 12 percent since last year

The Center for Exhibition Industry Research (CEIR) announced the results of its final 2009 CEIR ... read more

American Express Creates Interactive Scorecard

Readjusting travel spending in the recession

Produced by American Express Business Travel’s expert insights research team, a report has ... read more

Calgary Tourism

Economic recession hits Calgary hotels hard

CALGARY - Last year hit the Calgary tourism industry hard.

Air Travel Hassles Not A Deterrent

Business travel increases as recession eases

In a recent survey of business travelers, it was revealed that as the recession begins to ease, ... read more

Emerging From The Global Economic Recession

T.20 Ministers' Meeting promotes dialogue for best practices

The T.20 Ministers’ Meeting is a member-driven initiative, acting as a forum for the growth ... read more

Medical Tourism

Medical travel outside US falls substantially

While medical tourism is likely to remain popular long-term, it's taken a real hit as the U.S. ... read more

Annual Global Retail Theft Barometer Survey

Recession sparks global shoplifting spree

The global recession isn't just making jobs scarce and spending money tighter - it's also ... read more

Travel And Tourism Key Growth Engine

WTTC maintains the longer-term outlook for travel and tourism is still bright

2009 has seen the worst recession since the 1930s, with global GDP contracting by an estimated ... read more

Troubled Italian Jobs

Winter in Italy could put thousands of jobs at risk

The Italian Tourism Federations are simultaneously addressing to the newly-formed Italian ... read more

Cyprus Tourist Arrivals Plunge

Mediterranean holiday island's tourism market feels European recession

NICOSIA — Cyprus tourist arrivals plunged 10.9 percent during the first eight months of 2009, ... read more

Connecting Travelers With Insiders

New travel social network helps beat recession blues

Go-Lo.net, a new travel social network that breaks down the traditional barriers that have stood ... read more

Hawaii Tourism Slump

Heavy reliance on a single industry hurts Hawaii's economy

HONOLULU - Hawaii is facing its worst recession since becoming a state 50 years ago, dragged ... read more

British Airways

BA: Will keep focusing on premium travel

British Airways Plc won’t budge from its strategy of focusing on premium travel even as the ... read more

Caribbean Tourism

Battered by recession, Caribbean tourism is looking for the way out of crisis

How should Caribbean governments seek to support tourism during a global recession?

UK

Surge in attempted fraud is feared by travel groups

The travel sector is braced for a surge in holiday season internet and telephone payment fraud ... read more

US Hotels

Better cheap than empty

As U.S. hotels try to lure a shrinking number of business and leisure travelers, the industry ... read more

Iceland

Full-blown recession and economic meltdown make Iceland more accessible for tourists

REYKJAVIK, Iceland - In better times, Nina Bjork, one of Iceland's fashion glitterati, would be ... read more

Hoteliers And Passionate Travelers Suggest A Rebound Is Near

Examining the global luxury travel market during the recession

In April 2009, The Leading Hotels of the World, Ltd. engaged Market Metrix to conduct two ... read more