Changes in Consumer Consciousness about Environment, Culture, and Interconnectedness Are Creating New Modes of Travel
Results from a new survey of unmanaged business travelers in Best Westerns loyalty program, Best Western Rewards®, provide further indication that the effects of the recession are easing and that more people plan to hit the road for business again in 2010.
When the acclamation has faded should the cheerleaders be reminded that February 2010 is (5.3%) off where it was in 2008?
The recent International Air Transport Association (IATA) announcement of Asia Pacific edging past North America and Europe to become the world’s largest aviation market has reaffirmed Asia’s leadership prospects in the global aviation arena.
The International Air Transport Association (IATA) halved its loss forecast for 2010 to US$2.8 billion (compared to the US$5.6 billion loss forecast in December 2009). The improvement is largely driven by a much stronger recovery in demand seen by year-end gains that continued into the first months of 2010. Relatively flat capacity translated into some yield improvement and stronger revenues.
Online Luxury Hotel Deal Expert’s Annual Survey Reveals Preferences, Travel Booking Practices and Most Sought-After Destinations of More Than 6,000 Travelers
Travel professionals report a confident outlook and see an increased role for service, technology, and specialization to serve the needs of future travelers
With almost 50% of traffic numbers available, the February pax numbers are down by more than (2.4%)
As the recession sapped demand for travel, hotel operators got creative. They shut down restaurants, closed floors and even cut back on newspaper delivery to ride out the downturn.
European Cities Marketing (ECM) represents more than 100 major cities in 33 countries. An analysis of a representative sample of European cities conducted by the association shows that the European city tourism market has experienced a surprisingly fast recovery in visitor flows beginning in the second half of 2009.