Tag: recession

Magellan Jets celebrates another year of growth
Airline News

Magellan Jets celebrates another year of growth

editor editor- February 28, 2019

Magellan Jets is celebrating another year of growth, averaging 30% growth over the last 11 years.  2018 saw the most ... Read More

Alitalia airline: Of back doors and scoundrels?
Airline News

Alitalia airline: Of back doors and scoundrels?

Mario Masciullo - eTN Italy Mario Masciullo - eTN Italy- February 22, 2019

Deputy Prime Minister and Minister of Economic Development, Luigi Di Maio, meeting the unions at Mise, (Ministry of Economic Development) ... Read More

Minister: Egypt’s tourism had a leap in 2017 and large boom in 2018
Travel Destination

Minister: Egypt’s tourism had a leap in 2017 and large boom in 2018

mm Chief Assignment Editor- February 19, 2019

Speaking at a press conference with the board of the Egyptian Tourism Federation on Monday, Egyptian Tourism Minister Rania al-Mashat ... Read More

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

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

editor editor- January 31, 2019

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

South Asia Tourism finds prominent footing in world economy
Tourism News

South Asia Tourism finds prominent footing in world economy

Anil Mathur - eTN India Anil Mathur - eTN India- January 24, 2019

A just-released UN report, provides facts and figures to show the importance of South Asia Tourism. Read More

Back to school: Learning how to look good
Fashion News

Back to school: Learning how to look good

mm Dr. Elinor Garely - special to eTN- January 19, 2019

Those that ponder the importance of “beauty” should recognize that the industry is valued at billions of dollars and is ... Read More

Mineta San José International Airport sets new record for travelers served
Airline News

Mineta San José International Airport sets new record for travelers served

mm Chief Assignment Editor- December 20, 2018

With the arrival of Alaska Airlines Flight #346 from Seattle today, Mineta San José International Airport (SJC) marked a significant ... Read More

IATA: Airlines heading for a decade in the black
Airline News

IATA: Airlines heading for a decade in the black

mm Chief Assignment Editor- December 12, 2018

The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ... Read More

World Travel Market Vision Conference Research Revealed
Travel News

World Travel Market Vision Conference Research Revealed

editor editor- April 19, 2012

The UK travel industry will remain at the mercy of the local and global economy this year, with the London ... Read More

Cashing in on the luxury travel market
Travel News

Cashing in on the luxury travel market

editor editor- January 3, 2012

Despite the worldwide recession, there is one area of the tourism market that is rapidly expanding, that is the upscale ... Read More

IMF: Hong Kong may slide into recession
Travel News

IMF: Hong Kong may slide into recession

editor editor- November 22, 2011

Hong Kong could slide into a recession next year because of depressed trade and instability in the financial sector, the ... Read More

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

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

editor editor- September 25, 2011

The recession has hit everybody really hard... -My neighbor got a pre-declined credit card in the mail. -CEO's are now ... Read More

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

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

editor editor- October 28, 2010

Positive responses to a meetings industry survey of buyers and suppliers in North America suggest returning levels of confidence and ... Read More

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

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

editor editor- July 2, 2010

The executive board of the International Monetary Fund (IMF) has completed the first review of the Seychelles’ economic performance under ... Read More

France receives 6%  fewer tourists in 2009
Travel News

France receives 6% fewer tourists in 2009

editor editor- April 14, 2010

France, the world’s most visited country, received 6 percent fewer tourists in 2009 because of the economic crisis and unfavorable ... Read More

Despite regional travel downturn Amadeus reports strong performance
Travel News

Despite regional travel downturn Amadeus reports strong performance

editor editor- April 13, 2010

Amadeus reported that its company has shown growth in bookings of more than 9 percentage points compared to the previous ... Read More

Exhibition industry declines over 12 percent since last year
Travel News

Exhibition industry declines over 12 percent since last year

editor editor- March 25, 2010

The Center for Exhibition Industry Research (CEIR) announced the results of its final 2009 CEIR Index report, which indicate that ... Read More

Readjusting travel spending in the recession
Travel News

Readjusting travel spending in the recession

editor editor- March 25, 2010

Produced by American Express Business Travel’s expert insights research team, a report has been compiled examining how corporations have adapted ... Read More

Economic recession hits Calgary hotels hard
Travel News

Economic recession hits Calgary hotels hard

editor editor- March 23, 2010

CALGARY - Last year hit the Calgary tourism industry hard. Read More

Business travel increases as recession eases
Travel News

Business travel increases as recession eases

editor editor- March 20, 2010

In a recent survey of business travelers, it was revealed that as the recession begins to ease, so do the ... Read More

T.20 Ministers’ Meeting promotes dialogue for best practices
Travel News

T.20 Ministers’ Meeting promotes dialogue for best practices

editor editor- February 27, 2010

The T.20 Ministers’ Meeting is a member-driven initiative, acting as a forum for the growth and development of sustainable tourism ... Read More

Medical travel outside US falls substantially
Travel News

Medical travel outside US falls substantially

editor editor- December 1, 2009

While medical tourism is likely to remain popular long-term, it's taken a real hit as the U.S. has struggled with ... Read More

Recession sparks global shoplifting spree
Travel News

Recession sparks global shoplifting spree

editor editor- November 12, 2009

The global recession isn't just making jobs scarce and spending money tighter - it's also turning more people into thieves. Read More

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

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

editor editor- November 11, 2009

2009 has seen the worst recession since the 1930s, with global GDP contracting by an estimated 1.3 percent. Read More

Winter in Italy could put thousands of jobs at risk
Travel News

Winter in Italy could put thousands of jobs at risk

editor editor- September 18, 2009

The Italian Tourism Federations are simultaneously addressing to the newly-formed Italian minister of tourism petitions for assistance, suggestions and plea ... Read More

Mediterranean holiday island’s tourism market feels European recession
Travel News

Mediterranean holiday island’s tourism market feels European recession

editor editor- September 11, 2009

NICOSIA — Cyprus tourist arrivals plunged 10.9 percent during the first eight months of 2009, official figures showed on Thursday, ... Read More

New travel social network helps beat recession blues
Travel News

New travel social network helps beat recession blues

editor editor- August 26, 2009

Go-Lo.net, a new travel social network that breaks down the traditional barriers that have stood between travelers and travel journalists, ... Read More

Heavy reliance on a single industry hurts Hawaii’s economy
Travel News

Heavy reliance on a single industry hurts Hawaii’s economy

editor editor- August 18, 2009

HONOLULU - Hawaii is facing its worst recession since becoming a state 50 years ago, dragged down by its reliance ... Read More

Guam’s Filipino tourism arrival on the upswing
Travel News

Guam’s Filipino tourism arrival on the upswing

editor editor- August 10, 2009

Matua Agupa Corp., the marketing arm of the Guam Visitors Bureau in Manila, is projecting a 5 percent to 8 ... Read More

BA: Will keep focusing on premium travel
Travel News

BA: Will keep focusing on premium travel

editor editor- July 15, 2009

British Airways Plc won’t budge from its strategy of focusing on premium travel even as the recession saps demand for ... Read More

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

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

editor editor- July 13, 2009

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

Surge in attempted fraud is feared by travel groups
Travel News

Surge in attempted fraud is feared by travel groups

editor editor- July 7, 2009

The travel sector is braced for a surge in holiday season internet and telephone payment fraud attempts, as financial crime ... Read More

Better cheap than empty
Travel News

Better cheap than empty

editor editor- June 20, 2009

As U.S. hotels try to lure a shrinking number of business and leisure travelers, the industry appears to have adopted ... Read More

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

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

editor editor- June 16, 2009

REYKJAVIK, Iceland - In better times, Nina Bjork, one of Iceland's fashion glitterati, would be busy styling photo shoots for ... Read More

Examining the global luxury travel market during the recession
Travel News

Examining the global luxury travel market during the recession

editor editor- May 29, 2009

In April 2009, The Leading Hotels of the World, Ltd. engaged Market Metrix to conduct two surveys to gauge the ... Read More

Luxury hotels in Hong Kong empty out as recession hits tourism
Travel News

Luxury hotels in Hong Kong empty out as recession hits tourism

editor editor- April 7, 2009

Hong Kong - Luxury hotels in Hong Kong are seeing occupancy rates fall steeply as travellers seek cheaper accommodation because ... Read More