Articles tagged “economy”

What Hotel CEOs Think About Terrorism, Slumping Oil, Brexit and Other Woes

The bigger questions on everyone’s mind in the hospitality industry: Is the cycle finally turning downward? Are the good times of high occupancies and revenues over? Should hoteliers be worried?

The Sharing Economy Gets Its Day Before a U.S. House Subcommittee

We're still a long way from political leaders really understanding what's happening at brands like Uber and Airbnb.

Singapore Air Adds More Premium to Its Premium Economy

Singapore Air has had to play catch up regarding its first class offering but now it is leading the way in terms of rethinking premium economy.

ANA Uses Toyota Racing Car Expertise for New Economy Seats

Aircraft seating can benefit from a new player, Toyota Boshoku, which has a fresh perspective and plenty of experience in other transport sectors. These seats are a clever innovation and likely to please more passengers over time than the R2-D2 livery—awesome as that livery is.

Five Charts That Explain the Size of the Global Travel Industry in 2015

Travel builds businesses, helps in trade and capital investment, creates jobs and entrepreneurialism for the workforce, and helps protect heritage and cultural values, at least in theory. The WTTC data behind this shows how large the global travel industry really is.

Mongolia’s Prime Minister Says Travel Restrictions Are Poison

All smart countries have broken down the metaphorical barriers to its literal borders. Mongolia needs to take note.

3 Biggest Challenges Facing the Global Aviation Industry

Although airlines are safer and more profitable than any time in history, the industry must innovate much more rapidly in order to secure its environmental and financial viability in the future.

Runners and Marathons Become Big Business For Destinations

Races are just one of many niche events that help destinations attract hundreds to thousands of visitors, who often stay longer and spend more than the typical guest. Seeking opportunities to partner with these communities is a smart step towards increasing visitation and awareness.

Millennials A Hard Sell for Hotels Despite All the Wooing

Hey, it isn't all about refurbishing the hotel lobby and placing a touch-screen in there. Millennial guests demand great customer service from staff, and they will quickly sour on a hotel if the staff isn't up to par.

Visit Philly Touts Tourism’s $10 Billion Economic Impact in Annual Report

We've written many times about Philadelphia's industry-leading efforts and overall destination savvy. Even if these numbers seem, well, ambitious, we are going to give them the benefit of the doubt.

Tourist-Caused Inflation In Brazil to Jump Up During July World Cup

There are many long-term benefits including improved infrastructure, increased tourism and a better global image, but right now Brazil is dealing with some of the hardest problems that come along with hosting a global anticipated event.

Greece PM Calls Tourism the ‘First Locomotive’ to Pull the Economy Out of Recession