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IATA: Airlines heading for a decade in the black

The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ahead of the $32.3...

Hotel industry: Saying goodbye to 2018, ready for strong 2019

With the year coming to an end, Hotelbeds has prepared some testimonials about 2018, with insights about how the year has been for the...

The big reveal: oneworld’s newest member – Royal Air Maroc

Oneworld, an airline alliance, started February 1, 1999 and currently has 14 members, thanks to the new addition of Royal Air Maroc.

UNWTO/UNESCO Conference: Cultural tourism sustains communities and living heritage

The third cultural tourism conference (3-5 December) organized jointly between the World Tourism Organization (UNWTO) and the United Nations Educational, Scientific and Cultural Organization...

Leading industry figures take the helm at Cape Town Tourism

Two renowned tourism professionals to provide guidance to Cape Town's premier industry organisation.

Profit slide continues for Middle East & North Africa hotels

Waning revenues and rising costs have conspired to hobble profit per room at hotels in the Middle East & North Africa, as GOPPAR in...

Ireland’s booming golf sector pulls over €200m into tourism economy

DUBLIN, Ireland - Ireland is a nation with many fine golf courses and they are proving their worth, as research shows that the booming golf sector pulls more than €200m into the tourism economy.

Spain looks for tourists from ex-colony

The Philippines could be an important source of tourists for its former colonizer Spain—especially Filipinos who are planning to hold conferences or conventions abroad, Spain's ambassador to the Phi

JAL Group announces financial results for first three quarters of fiscal...

TOKYO, Japan - The JAL Group (JAL) announced today, the consolidated financial results for the first three quarters of fiscal year 2012 (year ending March 31, 2013).

Kenya’s tourism revenue up by 6.4 percent

Kenya earned Sh38.7 billion from tourism in the last six months, an increase of 6.4% as compared to Sh36.4 billion in the same period last year.

Oman Air revenues up 35 percent

MUSCAT, Oman - Oman Air saw revenues increase by 35 per cent to $809 million last year. But higher fuel costs and other expenses saw the carrier post losses.

Dubai tourism sector performs well in 2011

DUBAI - Dubai has further consolidated its position on the world tourism map with its hotels and hotel apartments posting impressive all-round performance in hotel guest numbers, cruise passengers, re

Abu Dhabi tourism revenues soar to $111 million

Tourism revenues in Abu Dhabi surged to $111 million in October as a result of the city’s efforts to attract two million visitors by 2011, tourism chiefs said on Wednesday.

Airlines report 13th consecutive month of revenue growth

WASHINGTON - The Air Transport Association of America (ATA), the industry trade organization for the leading U.S.

2010 Jordan’s tourism revenues increase 26%

AMMAN - Jordan's tourism revenues in the first seven months this year hit 1.414 billion Jordanian dinars ( about 2 billion U.S.

Saudi Arabia to earn SR66 billion tourism revenues by the end...

The Saudi Commission for Tourism and Antiquities (SCTA) estimates that tourism revenues in the Kingdom will reach by the end of 2010 about SR66 billion (US$17.6 billion), which compromises a growth ra

Laos reaps tourism gold

From here on, Laos is expected to no longer sport a tag as an exotic, landlocked country in Southeast Asia that has innocently locked itself in from the rest of the region, the continent and the world

Revenues of Saudi summer festivals: SR 1 billion

A recent statistical report executed by MAS center showed that tourism revenues for KSA's summer festivals reached SR 1.2 billion. Mr.

Paris hopes US visitors will boost tourism revenues

PARIS — Paris is counting on American tourists — and a new law allowing more stores to open on Sundays — to boost tourism revenues pinched by the global financial downturn.

Ryanair – sad clown in the airline circus

Ryanair saw its shares drop 13 percent yesterday, after it announced that it yearly profits will likely be lower than hoped.

Bali tourism fully recovers … so what?

Concerted efforts designed to revive Bali's tourism industry, which had been devastated by two violent bomb attacks on the resort island in 2002 and 2005, have born fruit.

Hotels saw big slump in revenues this summer

Revenue at Hawai'i hotels slid by $156 million in April through August of this year in comparison to the same period last year, according to an industry analysis released today by Hospitality Advisors

Amadeus launches airline service fees

Bangkok, Thailand - Amadeus today announced the launch of the first module of Amadeus Airline Service Fees, the industry’s first solution to automatically price and collect ticketing fees through mu

U.S. losing billions on potential travelers

As the economy weakens, the $750 billion-a-year travel industry is trying to find new ways to promote incoming international travel. In the past six years, the industry figures it has lost $130 billion in potential revenue from foreign visitors, Roger Dow, head of the Travel Industry Association, said on the sidelines of an industry meeting.
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