Tourism

Thomas Cook Shares Have Nearly No Value, Analysts Say

Thomas Cook Shares Have Nearly No Value, Analysts Say

Sam Unsted, Bloomberg

At Skift Forum Europe in April, Thomas Cook CEO Peter Fankhauser said the company should bounce back as long as it de-leverages its balance sheet and pays back it debt. Will that be enough?

2 days ago

Swiss Tourism Industry Eyes Revenue Boost From Chinese Visitors

Swiss Tourism Industry Eyes Revenue Boost From Chinese Visitors

Leonard Kehnscherper, Bloomberg

Switzerland's tourism agency is grateful for the off-season business. Luckily, Chinese tourists also spend more in the country than guests from any other nation.

6 days ago

U.S. Affluent Travelers Plan More Wellness Trips This Year: Skift Research

U.S. Affluent Travelers Plan More Wellness Trips This Year: Skift Research

Meghan Carty, Skift Research

In its third year, Skift Research’s U.S. Affluent Traveler Survey provides necessary insight for travel industry insiders by revealing the particularities of this lucrative target market.

2 weeks ago

Sri Lanka Uses Tax Waivers to Boost Tourism Investment After Attacks

Sri Lanka Uses Tax Waivers to Boost Tourism Investment After Attacks

Karthikeyan Sundaram, Bloomberg

Sri Lanka is looking at a multiyear comeback trail for tourism after last month's attacks. Tax waivers will make the destination more attractive for travel industry investors but do little to reassure travelers that they'll be safe once they arrive.

2 weeks ago

U.S. Affluent Traveler Trends 2019: New Skift Research

U.S. Affluent Traveler Trends 2019: New Skift Research

Meghan Carty, Skift Research

The spending power of U.S. affluent travelers makes them an attractive target market. In this report, we look at how their attitudes, behaviors, and values have changed over time, and how they vary based on income level, age, and whether or not they have children.

3 weeks ago

Visit Florida Secures $50 Million Lifeline — For Now

Visit Florida Secures $50 Million Lifeline — For Now

Associated Press

The good news is that the Sunshine State’s official tourism marketing body can continue operations. The not-so-good news is that it’s only a one-year reprieve — and on a slashed budget, at that.

3 weeks ago