Articles tagged “economy”

Business travelers are the only ones disappointed by the oncoming economic boost; U.S. airlines, hoteliers, and restaurants have been waiting more than five years for a rebound of this level.

Occupancy, growth and RevPar rates in secondary markets are trailing those in big cities. Yes, it's a tale of one recovery in major markets, and in smaller locales, it's not so much.

Hotel and restaurants activity grew 17 percent in 2012 to beat out manufacturing and retail as the most important industries contributing to Dubai’s economic rebound.

Kenya’s vital tourism sector was heavily impacted by a violent dispute in 2007, but its newest president is a former head of tourism and is expected to prioritize tourism as the country’s economy grows.

Wisconsin’s largest tourism markets are its neighbors, which is great for advertising spend but limiting for long-term growth.

The Japanese PM Abe successfully revived an export-led economy, but tourism is a fickle business and travelers could quickly turn elsewhere when the yen begins to climb again.

“Live Free and…” is more than a tourism slogan to the people of New Hampshire; it’s taught and repeated by locals to describe their way of life, and its authenticity is what makes it a success.

Affluent travelers’ tendency to travel and spend more than average makes them businesses’ target customers, and how and where they choose to spend are keys for companies looking to tap into the market.

Scotland's situation is similar to the rest of Europe, but it's compounded by the fact that it hasn't hosted a major event or have warm weather beaches to fall back on even when times are tough.

The next few years will still be painful for these two tourism giants, and political and economic troubles that continue will not help the tourism economy.