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WASHINGTON - The Air Transport Association of America (ATA), the industry trade organization for the leading U.S.
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
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.
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.
go! airline, the interisland carrier known for low fares, lost nearly $20 million during its first 16 months of operations, according to a federal filing yesterday. go! remains committed to Hawai'i for the long term, but "clearly, we're disappointed with our results," said Jonathan Ornstein, CEO of go! parent Mesa Air Group.