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DALLAS, Texas – Average hotel daily rates paid for corporate travel in August were within 1% of those paid pre-recession in August 2007 and 2008 globally, according to data released today by Pegasus
DALLAS, Texas - According to the latest Hotel Price Index, business travel to many of the world's economic hotspots increased in the first half of 2011, with hotel prices in many top business capitals
SINGAPORE — Asia-Pacific airlines are raising ticket prices as travellers return in their droves after holding back on their travel plans last year because of the global recession.
ANTANANARIVO - The Indian Ocean's luxury island destinations eye a tourism rebound in 2010 after receipts fell sharply last year despite better than expected arrival numbers.
Growth returned to international tourism in the last quarter of 2009 contributing to better than expected full-year results, according to the latest edition of the UNWTO World Tourism Barometer.
MADRID — The global tourism sector will post a "moderate recovery" in 2010 after slumping this year due to the recession, with Asia set for the strongest rebound, the UN World Tourism Organisation s
NEW YORK - Moody's Investors Service said Monday that it doesn't expect a rebound in the lodging and cruise industry until at least late next year, perhaps even 2011.
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 downturn.
The US Department of Commerce projects international travel to the U.S. to regain its footing by 2010, following its first forecasted year of decline in 2009 since 2003.
SAN FRANCISCO, CA - Despite a recent deluge of bad economic news, American travelers are surprisingly optimistic about their future leisure travel and spending, according to the findings of a special