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Tag: global economy

UNWTO: Exports from international tourism hit $1.7 trillion

UNWTO: Exports from international tourism hit $1.7 trillion

Chief Assignment Editor Chief Assignment Editor- June 6, 2019 15:31 0

Exports generated by international tourism reached USD 1.7 trillion in 2018, a 4% increase in real terms over the previous year, a new report from ... Read More

IATA forecast for global aviation in 2019 is not so good for reasons listed

IATA forecast for global aviation in 2019 is not so good for reasons listed

Juergen T Steinmetz Juergen T Steinmetz- June 2, 2019 02:30 0

The International Air Transport Association (IATA) announced a downgrade of its 2019 outlook for the global air transport industry to a $28 billion profit (from ... Read More

IATA: Solid Passenger Demand Growth in April

IATA: Solid Passenger Demand Growth in April

Juergen T Steinmetz Juergen T Steinmetz- May 29, 2019 07:07 0

The International Air Transport Association (IATA) announced global passenger traffic results for April 2019 showing that demand (revenue passenger kilometers or RPKs) rose by 4.3% ... Read More

PATA Annual Summit 2019: Issues of sustainability and social responsibility

PATA Annual Summit 2019: Issues of sustainability and social responsibility

Juergen T Steinmetz Juergen T Steinmetz- May 22, 2019 04:13 0

The PATA Annual Summit 2019 (PAS 2019), under the theme ‘Progress with a Purpose’, opened in Cebu, Philippines on May 9 with 383 delegates from ... Read More

European Tourism: Positive start to 2019, but challenges lie ahead

European Tourism: Positive start to 2019, but challenges lie ahead

Chief Assignment Editor Chief Assignment Editor- May 9, 2019 22:11 0

According to the European Travel Commission's latest quarterly report, "European Tourism - Trends & Prospects 2019", Europe kicked off 2019 on a positive note following ... Read More

Ethiopia, Rwanda and Uganda: Top 10 improved world travel destinations

Ethiopia, Rwanda and Uganda: Top 10 improved world travel destinations

Apolinari Tairo - eTN Tanzania Apolinari Tairo - eTN Tanzania- April 10, 2019 00:59 0

Three Eastern African nations have emerged among the top ten fastest-growing destinations for tourism in the world. The 2019 annual report compiled by the World ... Read More

Strongest year-by-year growth in a decade expected

Strongest year-by-year growth in a decade expected

Juergen T Steinmetz Juergen T Steinmetz- March 27, 2019 01:10 0

The number of business trips and the cost of those trips is set to rise in 2019, according to the 14th annual International Travel Management ... Read More

New maps show how congestion is pushing US cities farther apart

New maps show how congestion is pushing US cities farther apart

Chief Assignment Editor Chief Assignment Editor- March 13, 2019 17:15 0

The U.S. Travel Association released a series of maps outlining the country's surface congestion problems in conjunction with the House Highways and Transit Subcommittee's Wednesday ... Read More

ITB 2019 closing report: Robust and resilient

ITB 2019 closing report: Robust and resilient

Juergen T Steinmetz Juergen T Steinmetz- March 10, 2019 14:59 0

Uninterrupted growth at a high level: despite a slowdown in the world economy demand within the world’s travel industry remains extremely stable. As ITB Berlin ... Read More

€1 in every €7 in Spain comes from tourism

€1 in every €7 in Spain comes from tourism

Chief Assignment Editor Chief Assignment Editor- March 6, 2019 19:25 0

The Travel & Tourism sector contributed €1 in every €7, in the Spanish economy last year demonstrating the importance of the sector to the country. ... Read More

International travel outperforming economic growth

International travel outperforming economic growth

Chief Assignment Editor Chief Assignment Editor- March 6, 2019 17:20 0

In 2018, the number of outbound trips increased by 5.5 percent, resulting in 1.4 billion international trips. Hence, once again tourism is a key growth ... Read More

Domestic, international travel weather shutdown turbulence

Domestic, international travel weather shutdown turbulence

Chief Assignment Editor Chief Assignment Editor- March 5, 2019 16:40 0

Travel to and within the U.S. grew 3.2 percent year-over-year in January, according to the U.S. Travel Association's latest Travel Trends Index (TTI)—marking the industry's ... Read More

Travel & Tourism continues strong growth above global GDP

Travel & Tourism continues strong growth above global GDP

Juergen T Steinmetz Juergen T Steinmetz- February 27, 2019 12:38 0

The global Travel & Tourism sector grew at 3.9% to contribute a record $8.8 trillion and 319 million jobs to the world economy in 2018. ... Read More

European airlines lead 2018 a la carte revenue estimate at $22.5 billion

European airlines lead 2018 a la carte revenue estimate at $22.5 billion

Chief Assignment Editor Chief Assignment Editor- February 19, 2019 16:37 0

The latest airline industry report estimated airline a la carte revenue at $65 billion worldwide for 2018. Each year IdeaWorksCompany analyses the ancillary revenue disclosures ... Read More

WTACH to protect local cultures, heritage and historical sites from overtourism

WTACH to protect local cultures, heritage and historical sites from overtourism

Chief Assignment Editor Chief Assignment Editor- February 16, 2019 18:20 0

World Tourism Association for Culture and Heritage (WTACH) has been formed to protect local cultures, heritage and historical sites that are in peril from overtourism. ... Read More

IATA: Healthy airline passenger demand continued in 2018

IATA: Healthy airline passenger demand continued in 2018

Chief Assignment Editor Chief Assignment Editor- February 7, 2019 18:31 0

The International Air Transport Association (IATA) announced global passenger traffic results for 2018 showing that demand (revenue passenger kilometers or RPKs) rose by a healthy ... Read More

IATA’s chief speaks at CAPA Aeropolitical and Regulatory Affairs Summit in Doha

IATA’s chief speaks at CAPA Aeropolitical and Regulatory Affairs Summit in Doha

Chief Assignment Editor Chief Assignment Editor- February 5, 2019 16:20 0

Alexandre de Juniac, IATA’s Director General and CEO addressed the CAPA Aeropolitical and Regulatory Affairs Summit in Doha, Qatar today: It is a great pleasure ... Read More

In Amsterdam, tourism growth is not the enemy, bad management is

In Amsterdam, tourism growth is not the enemy, bad management is

editor editor- February 1, 2019 04:59 2

As former Secretary General of the UNWTO, the specialized agency of the UN mandated with promoting healthy and sustainable tourism, I am watching with concern ... Read More

Jamaica PM speaks at launch of Global Tourism Resilience & Crisis Management Centre

Jamaica PM speaks at launch of Global Tourism Resilience & Crisis Management Centre

editor editor- January 31, 2019 02:12 1

At the launch of the Global Tourism Resilience & Crisis Management Centre, Jamaica Prime Minister Hon. Andrew Holness shared his thoughts on the importance of ... Read More

New global tourism organization launched to combat overtourism

New global tourism organization launched to combat overtourism

Chief Assignment Editor Chief Assignment Editor- January 31, 2019 01:10 0

The World Tourism Association for Culture and Heritage (WTACH) has been formed to protect local cultures, heritage and historical sites that are in peril from ... Read More

IBTM Arabia 2019: The Middle East – changing perceptions

IBTM Arabia 2019: The Middle East – changing perceptions

Chief Assignment Editor Chief Assignment Editor- January 22, 2019 15:03 0

From ancient holy land, to oil rich nation, to its latest incarnation as an innovative and open business events hub, Danielle Curtis, Exhibition Director – ... Read More

UNWTO: International tourist arrivals reach 1.4 billion two years ahead of forecasts

UNWTO: International tourist arrivals reach 1.4 billion two years ahead of forecasts

Chief Assignment Editor Chief Assignment Editor- January 21, 2019 17:25 0

International tourist arrivals grew 6% in 2018, totalling 1.4 billion according to the latest UNWTO World Tourism Barometer. UNWTO’s long term forecast issued in 2010 ... Read More

IATA: Healthy but moderating airline passenger demand

IATA: Healthy but moderating airline passenger demand

Chief Assignment Editor Chief Assignment Editor- January 9, 2019 15:30 0

The International Air Transport Association (IATA) announced healthy but moderating global passenger traffic results for November 2018. Total revenue passenger kilometers (RPKs) rose 6.2% compared ... Read More

The current state of the Travel & Tourism industry

The current state of the Travel & Tourism industry

editor editor- April 8, 2013 10:04 0

Travel & Tourism, one of the world’s largest industries, outperformed the global economy in 2012 and grew faster than many other notable industries such as ... Read More

Latest figures from WTTC confirm resilience of global travel and tourism industry

Latest figures from WTTC confirm resilience of global travel and tourism industry

editor editor- November 5, 2012 03:19 0

Growth in the global travel and tourism industry in 2012 will be broadly in line with expectations set at the beginning of the year. Read More

Industry leaders put the power of youth travel in the limelight

Industry leaders put the power of youth travel in the limelight

editor editor- September 22, 2012 02:09 0

SAN DIEGO, California - WYSTC, the annual conference of the global youth tourism industry, held this year in San Diego, California, was off to an ... Read More

Iran cuts oil exports, gas prices may hit $5

Iran cuts oil exports, gas prices may hit $5

editor editor- February 21, 2012 08:42 0

NEW YORK, N.Y. - Oil prices rose Monday after Iran cut exports to Britain and France, raising worries that higher gas prices may follow suit. Read More

Japanese PM: European debt crisis the greatest risk to world economy

Japanese PM: European debt crisis the greatest risk to world economy

editor editor- January 30, 2012 04:11 0

Davos-Klosters, Switzerland – Interviewed by videolink from Tokyo, Japanese Prime Minister Yoshihiko Noda told a panel discussion on risk, hosted by NHK at the World ... Read More

Ireland blames global economy for fall-off in tourist numbers

Ireland blames global economy for fall-off in tourist numbers

editor editor- January 10, 2012 07:46 0

An unexpected fall-off in tourist numbers in the final months of last year is being blamed on renewed turmoil in the global economy. Read More

World Tourism Organization supports tourism to uplift poor countries

World Tourism Organization supports tourism to uplift poor countries

editor editor- May 13, 2011 02:39 0

The potential of tourism in contributing to lift people out of poverty is increasingly acknowledged and is supported by the growing relevance of the sector ... Read More

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