Tag Archives: travel industry

Riding the Wave of Recovery – The Economics of Tourism

Tourism and hospitality have been among the hardest hit sectors during the Covid-19 outbreak. Even as the market adapts to the new normal of work under the constant gaze of a pandemic that offers new variants after a few months, the tourism sector seems to be gradually opening up. The …

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The best time to use your points and airline miles

Frances Meredith of Raleigh, North Carolina, used an American Airlines-branded credit card for everything from groceries to medical expenses during the pandemic, racking up points with nowhere to spend them. It meant she had a lot to redeem when her family of four decided it was time for a winter …

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Avoya Travel announces calendar of events for 2022

WHY IT RATES: Leading travel solutions provider Avoya Travel has just released its range of in-person, virtual and hybrid events. Each is designed to provide members of its independent travel agency network with networking opportunities, take advantage of continuing education and professional development offerings, or celebrate achievements through sales recognition …

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Travel trends in 2022 and beyond will focus on sustainability and wellness tourism

The National Council of Applied Economic Research (NCAER) reports that tourism in India will not return to pre-pandemic levels until 2026. By Vinay K Mayer, India’s tourism sector is expected to grow by 6.9% annually to reach $460 billion by 2028, or 9.9% of GDP, according to the World Travel …

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SAUDI TOURISM AUTHORITY PARTNERS WITH COMMERCIAL OFFICE DISCOVER THE WORLD FOR JAPAN | News

SCOTTSDALE, Ariz., February 16, 2022 /PRNewswire/ — The Saudi Tourism Authority (STA) has opened a trade office in Japan as part of its strategy to engage tourism trade in key source markets and raise awareness of Saudi Arabia, the homeland authentic Arabia, travelers around the world dream of exploring exotic …

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Cruise-dependent travel agents seek alternatives after another CDC warning

Skift grip Travel agents should have expected a development to make selling cruises difficult, as the cruise industry has been so volatile since the pandemic began. It is now clear for many agents to find ways to be less reliant on booking cruises. Rashaad Jordan Many travel advisers saw the …

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Franchise Business Review Names Cruise Planners #1 in Franchisee Satisfaction in the Travel & Tourism Category and #3 in the Top 200 Franchises of 2022 Overall

Independent Survey Ranks Cruise Planners 1st in Franchisee Satisfaction in the Travel & Tourism Category and 3rd Among All Franchise Brands CORAL SPRINGS, Florida., January 14, 2022 /PRNewswire/ — Cruise Planners, a Travel Representative of American Express, Continues to Thrive and Dominate as Franchise Business Review’s Leading Travel Franchise by …

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VIDEO: How DeFi Tokens Can Reinvent Traveler Loyalty

Conventional travel loyalty programs have long been a subject of debate and criticism. Consumers are routinely frustrated with complex rules regarding earning and burning of points, limitations on portability and interoperability, and – especially with travel limited by the pandemic – concerns about the expiration of points. Meanwhile, for travel …

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Marson elected president of the national tourism association | Lifestyles

RUSSELL CO., Ky – Janette Marson, Executive Director of the Cumberland Lake Tourism Commission, has been elected 2022 President of the Kentucky Association of Convention & Visitors Bureaus (KACVB). KACVB is a state association focused on policy advocacy, public awareness and education for convention and visitor bureaus (tourist boards) across …

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Headwinds are picking up as business travel picks up again in 2022

A resurgence of business travel is critical to a full recovery of the travel industry and the global economy from the pandemic. Before the pandemic, company brochures constituted about 12% of total travelers and up to 75% of airline profits, and companies spent more than $ 300 billion annually on …

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How air travel has changed in 2021

Editor’s Note – Subscribe to Unlocking the World, CNN Travel’s weekly newsletter. Receive news about opening and closing destinations, inspiration for future adventures, plus the latest in aviation, food and drink, where to stay and other travel developments. (CNN) – It has been another eventful year for aviation. As we …

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The hotel market will experience a full recovery in 12-18 months

“We’re finally seeing positive winds in the hospitality industry,” Driftwood Capital CEO Carlos Rodriguez Sr. told GlobeSt.com of the market recovery. He expects the hotel market to recover fully over the next 12-18 months, and that’s good news given that the hospitality market has been hit hardest during the pandemic. …

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How a UK contract cushions the virus for business travel

Whenever Britain revises its redlist, it’s Brisbane-based corporate travel management that searches for hotels for quarantine, operates the room reservation system and manages reservations for COVID-19 testing. mandatory for unlucky travelers. The company’s social media trail is littered with bitter, angry, sorry messages. Often these complaints have nothing to do …

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4 charts show what the travel industry looks like 2 years after Covid started

Despite the rise of the omicron variant, the travel industry is showing signs of recovery. Olga Khorkova | iStock Editorial | Getty Images After a year of heavy losses, the travel industry is finally showing signs of a rebound – even as the emergence of the omicron variant of Covid-19 …

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AAT Kings Tours, Contiki, G Adventures and Intro Travel among the key players

DUBLIN, December 13, 2021 / PRNewswire / – The “Australia Adventure Tourism Market By Type, By Business By Type Of Traveler By Age Group, By Sales Channel: Industry Opportunity Analysis And Forecast, 2021-2027. “ the report was added to ResearchAndMarkets.com offer. The Australian adventure tourism market is in a growth …

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Wall Street Shares Rise, Travel Agencies Rebound | Economic news

By DAMIAN J. TROISE and ALEX VEIGA, AP Business Editors Stocks are solidly higher on Wall Street on Monday afternoon, helped by a broad rally that includes a mix of travel-related companies expected to benefit from a further reopening of the economy. The S&P 500 rose 1.6% at 2 p.m. …

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Greece # 1 Tourist Destination in Global Traveler’s Tested Reader Survey Awards

NEW YORK – Once again, Greece has been selected from the United States for another honor in 2021, demonstrating the strength of Greek tourism in the demanding American market. Greece was named the best tourist destination at the 18th edition of Global Traveler’s GT Tested Reader Survey Awards, which were …

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Tourism industry in Round Rock, Pflugerville and Hutto shows recovery after COVID-19 closures

Local tourism and the travel industry are recovering from the setbacks caused by the COVID-19 pandemic, a trend reflected in soaring tax revenues for cities in the region. In Round Rock and Pflugerville, business and tourism strategies are driving increases in hotel tax revenues and local economic growth, albeit from …

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Can city breaks compensate for the lack of business travelers?

Almost a third of Britons planning overseas vacations in 2022 want to book a city break, reveals a study released today (Monday, November 1) by WTM London, the world’s leading travel industry event . The WTM Industry Report, a survey of 1,000 consumers, found that 648 planned to take an …

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Bangkok welcomes first tourists for holiday without quarantine

BANGKOK, Nov. 1 (Reuters) – Hundreds of vaccinated foreign tourists are expected to arrive in Bangkok on Monday, the first wave of visitors to Thailand in 18 months who will not have to undergo quarantine for the coronavirus. Seeking to resuscitate its pandemic-ravaged tourism economy, the Thai government has given …

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How Travelner is revolutionizing the travel planning and booking process

NEW YORK–(COMMERCIAL THREAD) – Travelner is one of the leading brands in the travel industry helping people find the best accommodation, flight and travel deals. It provides access to a booking engine that allows travelers to search and identify the best deals according to their needs. The company offers the …

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Students could support the tourism industry

International students in Australia can play an important role as Australian skilled workers. Tourism and Transport Forum CEO Margy Osmond told Sky News Australia needs to bring international students back “as soon as possible” to not only help Australian universities but also provide skilled workers for the travel industry. tourism. …

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Delegates to Bloomberg Forum at S’pore can dine in groups of 5 at specific locations, Singapore News & Top Stories

SINGAPORE – Local and foreign delegates to the Bloomberg New Economy Forum (NEF) next month will be subject to strict measures, including a full vaccination to ensure their safety and well-being and that of the community, authorities said on Sunday (October 24). Upon arrival in Singapore, foreign delegates must take …

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Thai tourism jobs are less attractive to some locals, but reopening could boost recovery, SE Asia News & Top Stories

BANGKOK – Thailand’s tourism sector is on the mend, with plans to allow non-quarantine travel for more vaccinated tourists from November. But while many see the news as a light at the end of the tunnel for the battered sector, analysts expect a long road to reviving tourism. And for …

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Open US borders will fuel demand for travel, travel agencies say

Travel agencies expect a big rush to the United States with the lifting of the direct entry ban for fully vaccinated travelers by the Biden administration. The new rule will take effect on November 8. It will benefit long-term tourist, business or work visa holders, while new and additional flights …

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Mayor’s rule on Mardi Gras COVID vaccine is “extremely disruptive,” tourism officials say

As plans for a potential Mardi Gras 2022 return intensify, Mayor LaToya Cantrell has said she wants to impose a proof of vaccination requirement for passengers arriving at Louis Armstrong International Airport for the final two weeks of carnival season – an idea some state tourism officials hope will not …

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A grim business travel prediction for hedge funds and tech companies

Skift take A McKinsey partner warned that “digital adopters” might never see the point in returning to business travel as we knew it before. Matthew Parsons Not only are consulting firms, with their greedy fliers, limiting travel, but one is now predicting that hedge funds and tech companies might “never …

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Corporate ground transportation redesigned by Gett

Skift take Enterprise Ground Transportation Management (GTM) Platform Gett is revolutionizing the industry with its streamlined, intuitive and integrated B2B platform. Get Corporate ground transportation has generally been a cumbersome and awkward field. It is an area of ​​the travel industry that is much less understood than others, and until …

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BofA Downgrades Hyatt, Summit Hotel Properties As Delta Variant Delays Business Travel Resumption – Hyatt Hotels Corp. (H)

The delta variant of COVID-19 has delayed the expected return to work in the office and on business travel, and an analyst said on Monday that accommodation stocks may continue to underperform. The analyst: Bank of America analyst Shaun Kelley demoted Hyatt Hotels Corporation (NYSE: H) from Neutral to Underperforming …

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People in the news | Business

Fairfax joins the Board of the Convention and Visitors Authority The Greenville-Pitt County Convention & Visitors Bureau (visit Greenville, North Carolina) announced the addition of Brenda Fairfax to the board of directors of the Pitt-Greenville Convention & Visitors Authority. “ We are delighted to have Dr. Fairfax as a member …

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Travel Agents: Travel Insurance Worth the Cost | Business

Two Valley travel agents agree that it is wise for anyone booking a vacation to purchase travel insurance. Friend Miller from Miller Travel Agency, Middleburg and Sara Newbury from Travel leaders, Lewisburg, each said more and more of their customers are purchasing insurance to protect against potential disruption from the …

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US loosens travel restrictions for fully immunized travelers around the world and 9 more travel stories

Skift take In Top Skift Articles This Week, US Announces Reopening To Fully Immunized Overseas Air Travelers, Expedia Group Consolidates Its Three Three Loyalty Programs, and Airbnb CEO Brian Chesky Considering The Job remotely allowing employees to live in cheaper areas. Rashaad Jörden Throughout the week, we’re posting original stories …

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Safe business travel will boost US economy and jobs, industry leaders say

© Shutterstock A coalition of travel and business industry leaders is advocating a return to business travel to the United States, saying it would speed up the country’s economic recovery and create jobs. Health protocols and policies put in place by the travel and events industry make meetings, conferences, exhibitions …

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Industry leaders unveil future of travel, meetings and events at Marriott International’s first major hybrid event in Asia-Pacific

HONG KONG, Sept. 16, 2021 / PRNewswire / – Marriott International and industry leaders discussed future trends at its first hybrid Asia-Pacific event – “Be There with Marriott International – The Way Forward for Travel and Events”. With reasons for optimism about the rebound in travel, Marriott International and industry …

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Alaskan whales would be “happier” with fewer tourists around

Researchers recently observed that whales in Alaska were the “happiest” they had ever been. Much like a true New Yorker, the increased contentment of these whales is said to be due to the lack of tourists in the area. BBC reports how the behavioral change of whales, especially humpback whales, …

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Booking sales beat, but losses beat expectations as travel industry continues to wait for a rebound

Booking Holdings Inc. surpassed $ 2 billion in quarterly sales for the first time since the start of the pandemic in an earnings report on Wednesday, but losses have exceeded expectations as the company waits for a stronger rebound for travel amid the global pandemic. BKNG reservation, -2.51% Wednesday reported …

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Pressure rises for Biden to relax travel bans amid pandemic

The Biden administration is under pressure to relax travel bans for international tourists that were originally put in place to stem the spread of the COVID-19 pandemic. As Europe opens its borders to American tourists and vaccination rates rise in the United States, public health experts and travel industry groups …

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Tourism chiefs urge government to ease restrictions on international travel

Passengers check in at Gatwick Airport Tourism and aviation bosses have called on new health secretary Sajid Javid to throw a lifeline for businesses by easing travel restrictions. In a letter written by Tim Alderslade, head of the Airlines UK trade body, they urged the Cabinet minister to expand the …

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Global Student Travel Market 2021: SWOT Analysis of Key Factors Determining CAGR Value Growth

The latest research report on the Global Student travel market provides the cumulative study on the COVID-19 outbreak to provide the latest information on the main characteristics of the student travel market. This intelligence report contains investigations based on current scenarios, historical records and future forecasts. The report contains various …

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