WTTC: Travel & Tourism in driving global economy
London – The World Travel & Tourism Council (WTTC), which represents global Travel & Tourism private sector, has released a new Social Impact Paper focusing on the Travel & Tourism sector, which has been compiled to showcase the importance of … Continue reading WTTC: Travel & Tourism in driving global economy
Maldives: Campaign to bring tourists back
Malé – The Maldives Marketing and Public Relations Corporation (MMPRC) has launched a major campaign with Skyscanner to promote the country as one of the safest destinations in the world for tourists. The three-month campaign will target the UK, as … Continue reading Maldives: Campaign to bring tourists back
Asia-Pacific: Foreign arrivals plummet 67 percent
Bangkok – The moderate growth of international arrivals into Asia-Pacific destinations in 2019 has been derailed this year, no thanks to the appearance of the coronavirus which has led to the collapse of travel. According to the Annual Travel Monitor … Continue reading Asia-Pacific: Foreign arrivals plummet 67 percent
Global Tourism Projected to Lose 174 Million Jobs
LONDON – The global travel and tourism industry is on course to lose 174 million jobs this year if current restrictions to curb the spread of the coronavirus remain in place, a leading industry group warned Friday. While alarming, the … Continue reading Global Tourism Projected to Lose 174 Million Jobs
Thailand opening its doors for foreign tourists
BANGKOK — Thailand’s tourist industry took a modest step toward reviving its coronavirus-battered fortunes by welcoming 39 visitors who flew in from Shanghai, the first such arrivals since regular travelers were banned from entry almost seven months ago. The visitors who … Continue reading Thailand opening its doors for foreign tourists
Reimagining the $9 trillion tourism economy
New York – Tourism made up 10 percent of global GDP in 2019 and was worth almost $9 trillion,1 making the sector nearly three times larger than agriculture. However, the tourism value chain of suppliers and intermediaries has always been fragmented, with … Continue reading Reimagining the $9 trillion tourism economy
International Tourism industry ready to reopen
New York – Six months ago, the global tourism industry was celebrating a record year for travel. Now, it’s decimated and facing a recovery that could take years. Tourism Economics, a data and consulting firm, predicts global travel demand won’t … Continue reading International Tourism industry ready to reopen
Asia-Pacific: Hotel Profits Down More Than 100 percent
Secaucus, NJ – Hotel profits in the United States fell 101.7 percent in March, according to lodging-data provider STR, and the numbers aren’t yet getting any better in the Asia-Pacific, according to hotel benchmarking service HotStats. In fact, the impact of COVID-19 … Continue reading Asia-Pacific: Hotel Profits Down More Than 100 percent
Thai airlines to resume operations in May/June
Bangkok – Thailand’s low-cost airlines are planning to resume flights with strict flight criteria in May and June to reduce the possibility of infections with Covid-19. Bangkok Airways, Nok Air, Thai AirAsia and Thai Lion are all due to resume their domestic flights. ‘Nok Air’ Only Thai … Continue reading Thai airlines to resume operations in May/June
ASIA: Travel restrictions, border shutdowns
Singapore – Countries around the world have taken drastic measures, including border closures, in an attempt to curb COVID-19. We have listed a number of Asian countries, indicating the current tourist policies implimented by the individual countries: Brunei Non-resident foreigners … Continue reading ASIA: Travel restrictions, border shutdowns