Tourism is one of the major economic drivers for many countries. Many tourists travel aboard for vacations to see dazzling landscapes and bustling city-life and in turn, tourism drives revenue for many businesses such as food, retail, and hospitality, but now it is also helping bolster the cannabis industry.
The downward pressure on China's consumption persisted over the Lunar New Year holiday, the annual festival when people travel, shop, and give gifts or money.
'Bleisure' is on the rise and its one of the biggest trends in business travel.
The recent headlines proclaiming that Chinese tourists are shopping less abroad may seem alarming, but its not all bad news, particularly not for the travel industry and service providers, who are set to welcome a record 7 million outbound Chinese tourists during the upcoming Lunar New Year holiday that begins on February 5th.
Its shaping up to be a banner year for the travel business. If you are a travel agent, presumably you are betting on your clients increased wealth and social media channels to inspire them to book more vacations this year.
We are deeply saddened to share that Southwest Airlines Founder and Chairman Emeritus Herbert D. Kelleher passed away today at the age of 87.
GOL's domestic supply (ASK) decreased by 0.5% and demand (RPK) increased by 3.0%. GOL's domestic load factor was 84.4%, a 2.8 p.p. increase in comparison to December 2017. The volume of departures decreased by 2.2% and seats increased by 2.5% over December 2017.
Just a day after prime minister Theresa May announced she was postponing the parliamentary vote on her Brexit deal, a survey by the Business Travel Show reveals that corporate buyers are worried that leaving the European Union will continue to be a challenge as far ahead as 2022.
A family tree used to take years of painstaking research. But with the advent of DNA testing, more people are discovering their roots and the travel industry is taking notice.
A new report featuring in-depth analysis predicts that the global business travel industry will be worth nearly US$1.7 trillion (about £1.3 trillion) by 2023, registering growth of 4.1 per cent.