The International Air Transport Association (IATA) announced the airline industry’s expected return to profitability, $2.5 billion in 2010, during its Annual General Meeting held in Berlin this week.
CT Business Travel, one of the UK’s largest independent business travel agents has reported strong growth for the first half of 2010 and forecasts for the rest of the year look to continue in the same positive manner.
Travelers Find More Ways to Capitalize on Smarter Value Offerings; Young Professionals Turn to Technology for Travel
The Website Has Seen a Six Per Cent Rise in Eurozone Searches for the Month of May 2010 Compared With the Same Period in 2009
ATPs rise as airlines manage capacity and business travel demand begins to return; Hotel market for corporate travelers remains soft
However, Americans expect to spend more on transportation and other vacation costs
Ancillary Fee Headaches Intensify for Travel Buyers. Nearly 38 percent of travel buyers found their supplier relationships more difficult to manage as a direct result of the complicated ancillary fee landscape.
Booking Volume Increase of 27.4% and Growth in ADR of 5.5% Reconfirm Business Travel Recovery
The full year forecast is stubbornly resisting any suggestion that it should break through the 4% point mark.
During 2009, Orlando welcomed 46.6 million visitors, making it the most visited U.S. destination of the year. This total visitation number represents just a 4.7 percent decrease as compared with 2008, marking a much stronger performance than the earlier forecast by D.K. Shifflet and Associates of a 9.9 percent decrease in a difficult year for the travel and tourism industry.