World Travel Market Vision Conference Research Revealed
The UK travel industry will remain at the mercy of the local and global economy this year, with the London 2012 Olympics creating as many challenges as opportunities, reveals research unveiled ...
Upscale tourism rapidly expanding
By Dr. Peter Tarlow, Tourism & More
Despite the worldwide recession, there is one area of the tourism market that is rapidly expanding, that is the upscale or luxury market.
International Monetary Fund warns Hong Kong
Hong Kong could slide into a recession next year because of depressed trade and instability in the financial sector, the International Monetary Fund warned.
Angelina Jolie adopted a child from America
The recession has hit everybody really hard...
-My neighbor got a pre-declined credit card in the mail.
-CEO's are now playing miniature golf.
-Exxon-Mobil laid off 25 ...
Increasing Sustainability And Improved ROI Are Industry Hallmarks
Positive responses to a meetings industry survey of buyers and suppliers in North America suggest returning levels of confidence and rising business expectations.
Country Emerges From Recession
The executive board of the International Monetary Fund (IMF) has completed the first review of the Seychelles’ economic performance under the three-year Extended Fund Facility Arrangement ...
French Arrivals Decline In 2009
By Helene Fouquet
France, the world’s most visited country, received 6 percent fewer tourists in 2009 because of the economic crisis and unfavorable currency rates.
Growth In Asia Pacific, Middle East And Africa
By eTN Staff Writer
Amadeus reported that its company has shown growth in bookings of more than 9 percentage points compared to the previous year.
Recession Takes Its Toll
By eTN Staff Writer
The Center for Exhibition Industry Research (CEIR) announced the results of its final 2009 CEIR Index report, which indicate that industry declined 12.5 percent.
American Express Creates Interactive Scorecard
By eTN Staff Writer
Produced by American Express Business Travel’s expert insights research team, a report has been compiled examining how corporations have adapted their travel programs in response to the global ...
Calgary Tourism
By Mario Toneguzzi
CALGARY - Last year hit the Calgary tourism industry hard.
Air Travel Hassles Not A Deterrent
By eTN Staff Writer
In a recent survey of business travelers, it was revealed that as the recession begins to ease, so do the purse strings on business travel.
Emerging From The Global Economic Recession
By eTN Staff Writer
The T.20 Ministers’ Meeting is a member-driven initiative, acting as a forum for the growth and development of sustainable tourism by promoting dialogue and the exchange of knowledge and best ...
Medical Tourism
While medical tourism is likely to remain popular long-term, it's taken a real hit as the U.S. has struggled with the recession.
Annual Global Retail Theft Barometer Survey
By BRUCE CRUMLEY
The global recession isn't just making jobs scarce and spending money tighter - it's also turning more people into thieves.
Travel And Tourism Key Growth Engine
By eTN Staff Writer
2009 has seen the worst recession since the 1930s, with global GDP contracting by an estimated 1.3 percent.
Troubled Italian Jobs
By Mario Masciullo, eTN Staff Writer
The Italian Tourism Federations are simultaneously addressing to the newly-formed Italian minister of tourism petitions for assistance, suggestions and plea to help the Italian tourism industry to ...
Cyprus Tourist Arrivals Plunge
NICOSIA — Cyprus tourist arrivals plunged 10.9 percent during the first eight months of 2009, official figures showed on Thursday, signalling little respite for the recession-hit economy.
Connecting Travelers With Insiders
By eTN Staff Writer
Go-Lo.net, a new travel social network that breaks down the traditional barriers that have stood between travelers and travel journalists, publicists, agents, vendors, and anyone else with good, ...
Hawaii Tourism Slump
HONOLULU - Hawaii is facing its worst recession since becoming a state 50 years ago, dragged down by its reliance on a single industry.
British Airways
British Airways Plc won’t budge from its strategy of focusing on premium travel even as the recession saps demand for its most lucrative services across the North Atlantic, the carrier’s ...
Caribbean Tourism
How should Caribbean governments seek to support tourism during a global recession?
UK
The travel sector is braced for a surge in holiday season internet and telephone payment fraud attempts, as financial crime responds to the recession and improved credit card security.
US Hotels
As U.S. hotels try to lure a shrinking number of business and leisure travelers, the industry appears to have adopted a new motto - "Better cheap than empty."
Iceland
REYKJAVIK, Iceland - In better times, Nina Bjork, one of Iceland's fashion glitterati, would be busy styling photo shoots for the island's top design houses.
Hoteliers And Passionate Travelers Suggest A Rebound Is Near
By eTN Staff Writer
In 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 current economic ...
Hong Kong
By monstersandcritics.com
Hong Kong - Luxury hotels in Hong Kong are seeing occupancy rates fall steeply as travellers seek cheaper accommodation because of the global economic slump, according to government figures ...
Airline Industry
By uk.reuters.com
The recession, which has eroded travel demand and punished U.S.
Recession Fallout Spreads To Transoceanic Routes
By eTN Staff Writer
The Air Transport Association of America (ATA) on Friday reported that passenger revenue fell 19 percent in February 2009 versus the same month in 2008 - the fourth consecutive month in which ...
Hospitality Industry
By Jean Francois Mourier & Bruno Perez, revparguru.com
For the past 6 months, most of us in the hotel industry have sat by watching the effect of Wall Street’s excesses, or the “AIG effect” impact the meetings industry.