#economy #dollar #growth $DIA $SPY $QQQ $RUTX $VXX $USD “The concepts of free enterprise, rugged individualism and entrepreneurship are not incompatible with safety nets and/or the lift up slackers and the disadvantaged among us, that is for government welfare and philanthropic charities” — Paul Ebeling In Asia Thursday, the USD is near 2-wk + lows […]
#investor #earnings #travel #tourism #leisure $MAR $NCLH $H $HLT $TRIP “The results across the board will not be good, but it is about who is coming back.”– Paul Ebeling Investors are watching this wk’s earnings reports from hotels, cruise lines and other businesses that have been hammered by the VirusCasedemic for indications on which companies […]
#escape #civilization #virus #lockdowns Here, I talk about of the mega changes tourism has endured since the start of the COVID virus chaos. Seven South by The Ritz-Carlton Having covered everything from the decline of commercial flights, to the crippling global economy, and the each nation’s innovative solutions to combat Y 2020’s unprecedented losses, it […]
#travel #jobs #spending #recover #COVID $DIA $SPY $QQQ $RUTX $VXX Tuesday, a travel group said that travel spending is expected to fall by more than $500-B in Y 2020 and is not expected to recover to pre-COVID marks until Y 2024. The U.S. Travel Association projects spending in 2019 will be $617 billion, down from […]
#Thailand #economy #stimulus #coronavirus Thailand’s economy suffered its biggest annual contraction since the 1998 Asian financial crisis in Q-2 due to the fallout of the coronavirus chaos, prompting the government to slash its GDP forecast for the year and announce more stimulus Data from the state planning agency showed a 100% fall in foreign tourism […]
Last Wednesday a temporary travel ban was imposed on all UAE citizens. Similarly, those who are UAE residents who are out of the country will not be allowed to re-enter the UAE for the next 2 weeks. And as of 17 March all entry visas to the United Arab Emirates have been suspended. While visas on arrival were […]
Bangkok ranked first in 2018 for the fourth straight year as the city with the most international visitors, according to an annual report by Mastercard released Wednesday. With almost 23 million international visitors last year, the Thai capital outpaced both Paris and London, which were second and third with just over 19 million visitors. Other […]
A surge in muggings and burglaries in Barcelona, mainly targeting tourists, has sparked alarm in Spain’s second-largest city, leading local residents to form their own crime-fighting patrols. The US consulate in Barcelona on Wednesday warned its nationals of ‘an increase in violent crime in the city’ and urged them not to ‘display signs of wealth […]
Due to the increasing interest of Russian and Indian tourists in Azerbaijan in recent years, Azerbaijan Tourism Board will strengthen ties with travel agencies operating in these two countries. Tourism Board will hold a series of events in several Russian and Indian cities this year. Azerbaijan’s tourism potential will be presented in the Russian cities […]
Some 40,400 tourists from China visited Turkey in June 2019, which is 26.46 percent more compared to the same period last year, the Turkish Ministry of Culture and Tourism told Trend. Chinese airlines are resuming their flights to the country and new ones are entering the Turkish market. The two countries are working to increase […]
Dubai welcomed 8.36 million international overnight visitors in the first six months (January-June) of 2019, posting a positive three percent in tourism volume growth compared to the same period last year, according to the latest data released by Dubai’s Department of Tourism and Commerce Marketing, Dubai Tourism. The new figures reinforce the continued strength of […]
Canadian YouTubers Luke Martin and Sabrina Davidson of Chopstick Travel were in Sri Lanka to promote tourism for the island, working directly with the Sri Lanka Tourism Promotion Bureau. An exciting opportunity for the tourism sector of Sri Lanka, Chopstick Travel boasts over 500,000 thousand globally diverse subscribers, over 92 million views on their channel, […]
Hong Kong democracy activists kicked off a weekend of fresh rallies yesterday in a major test for the movement following criticism over an airport protest earlier this week and as concerns mount over Beijing’s next move. The new marches came as thousands of pro-government supporters many waving Chinese flags gathered in a park to condemn […]
With a period of 3 days out from the grand opening, the ‘Colombo Swiss House’ was revealed to an audience of select invitees and media personnel. Speaking at the occasion was the Ambassador of Switzerland to Sri Lanka and the Maldives, Hanspeter Mock who stated that it was a dream come true to see a […]
Instead of following the crowd, plan your travel this year and in the future in order of ecological/historical importance, and visit these places. It is an easy way to categorize, but not easy to prioritize. Here we look at places in peril that can still be enjoyed now, while actually helping the cause through proper […]
AirAsia Group Berhad is a Malaysia-based investment holding company, which manages AirAsia Group operating in the airline industry. The Group is principally engaged in the operation of AirAsia, a low-cost airline with major business in Malaysia, Thailand, Indonesia, the Philippines, India and Japan, among others. The Company’s subsidiaries include AirAsia Investment Ltd and Koolred Sdn […]
AirAsia Group Berhad is a Malaysia-based investment holding company, which manages AirAsia Group operating in the airline industry. The Group is principally engaged in the operation of AirAsia, a low-cost airline with major business in Malaysia, Thailand, Indonesia, the Philippines, India and Japan, among others. The Company’s subsidiaries include AirAsia Investment Ltd and Koolred Sdn […]
AirAsia Group Berhad is a Malaysia-based investment holding company, which manages AirAsia Group operating in the airline industry. The Group is principally engaged in the operation of AirAsia, a low-cost airline with major business in Malaysia, Thailand, Indonesia, the Philippines, India and Japan, among others. The Company’s subsidiaries include AirAsia Investment Ltd and Koolred Sdn […]
Instead of going with the crowds plan your travel this year with ecological/historical importance in mind. There are places in peril now that can still be enjoyed now, while actually helping the cause through proper booking and travel practices. Travel with good intent, with purposeful in choices, and believing these precious places on our planet […]
Abu Dhabi Welcomed 2.4-M+ Visitors in 1-H of This Year Indian visitor numbers were up 19% Y-Y in 1-H of Y 2018 Abu Dhabi welcomed over 2.4-M visitors during the 1st 6 months of the year, the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) revealed. The 2,413,230 hotel guests marked an […]
Mountain Lodge, ‘trailers’ Hotel, Among Projects to be Opened in Hatta Meraas will also open an adventure center and an interactive tourism information hub in the mountain town Dubai developer Meraas has announced plans to open several new projects in the mountain town of Hatta, including retail and hospitality offerings. The developer said the projects […]
Michelin Publishes its 1st Food Guide for Bangkok MICHELIN GUIDE BANGKOK 2018 LIST “Over almost a year, our tasters visited about 500 places to get to the published list. The initial list is gathered through what we can find in the media, through local reviews and blogs. But the tasters also go around asking the […]
Saudi Travel Agencies Now Issuing Tourist Visas Travel to the Kingdom was previously restricted to pilgrims, businessmen and family members of residents. Saudi Arabia’s Commission for Tourism and National Heritage (SCTH) has reportedly issued the first licence allowing travel agencies to issue tourist visas. The move follows the restructuring of the travel and tourism sector […]
La Mer, Meraas’ New Dubai Beachfront Project Opens Located at Jumeira 1, the development will feature retail and entertainment facilities. Dubai developer Meraas has confirmed that its beachfront development La Mer opened its 1st phase to the public on 15 October. Located at the Jumeira 1 – between Pearl Jumeira and Jumeira Bay, the development […]
China’s Travel Growth Outpacing All Other Nations Chinese tourists becoming the Key driver of global tourism China’s travel industry is projected to grow at an average rate of 8% Y-Y annually from Y 2017 to Y 2027, outpacing other major economies like India and the US, according to the World Travel and Tourism Council. The upcoming 1 […]
UAE’s Travel & Tourism Spend to Top $56-B by 2022 Tourism & Travel accounted for 12.1% of the UAE’s GDP in Y 2016 Spending within the UAE’s Travel & Tourism sector is expected to reach over $56-B in Y 2022 as new mega projects come to market, a new study conducted by the Dubai Chamber […]
The West Australia government says Qantas’ 12-month trial of discounted airfares for residents in six regional towns is a response to the launch of a parliamentary inquiry. The government hopes it will lead to further cheaper intrastate flights. From November, Qantas will offer a discount of between 10 per cent and 30 per cent for […]
AirAsia Berhad (KLSE:AIRASIA) Malaysian Tourism on the Rise Tourism Malaysia and AirAsia to promote tourism AirAsia to launch China joint venture Air Asia signs deal to launch new low-cost carrier in China AirAsia X dedicates aircraft to remember late COO AirAsia links up Sihanoukville with Kuala Lumpur Intense turbulence injures five on AirAsia flight AirAsia […]
China’s High Earning Consumers Raidly Expanding China’s pool of high-earning consumers is set to surge in the next 15 years, their household spending growing to be greater than the EU’s current level, a report showed. The number of people earning more than $10,000 per year is expected to grow to around 480-M by Y 2030, […]
China’s Dalian Wanda Group Paying $1-B for Dick Clark Productions $AMC, $SNE China’s Dalian Wanda Group has added another entertainment trophy to its stable of overseas acquisitions, paying $1-B for Dick Clark Productions, the TV company that produces the Golden Globes and the “Miss America” pageant. Wanda is one of China’s most important conglomerates and […]
US Ranked #1 Muslim Travel Market $MA Salam Standard said the country benefited more from Muslim tourism than any other in Y 2015 The United States is the biggest global beneficiary of the Muslim tourism market, according to halal travel firm Salam Standard. In a report the company said the Islamic travel market accounted for […]
Tourism Between China and United States Growing Tourism between China and the United States has seen significant progress in the past 10 years, an official said at an ongoing tourism forum in Northwest China. The combined number of tourists from China traveling to the United States and vice versa has exceeded 30-M since the 2 countries […]
UAE & Qatar to Drive Gulf Hospitality Market to $37-B by 2020 Mega events in both countries will drive growth, despite current challenges, according to Alpen Capital The Gulf Cooperation Council (GCC) hospitality market is expected to be worth $37-B by Y 2020, driven by strong growth in the UAE and Qatar, according to a […]
Dubai Business Conditions Improved in June The Emirate saw the fastest rise in new work since March 2015, according to the Emirates NBD index Dubai’s private sector posted stronger growth in June, mainly due to improving business conditions in the travel and tourism and wholesale and retail sectors, according to the monthly Emirates NBD index. […]
Low Crude Oil Prices Changed GCC Spending Diversification is the Key element for GCC countries in the current climate In a global market where the price of Crude Oil per barrel has fallen more than 70% since June 2014, the sharp and prolonged drop in price has wiped $360-B off Gulf Cooperation Council (GCC) members’ […]
Wanda City Opening to Rival to Shanghai Disney (NYSE:DIS) $DIS China’s Wanda Group on Saturday opened a RMB 40-B (US$6.1-B) theme park in the eastern city of Nanchang, capital of Jiangxi Province. Wanda Cultural Tourism City (Wanda City), is the latest rival to Shanghai Disney (NYSE:DIS) opening to the public in June. At the opening […]
China to Triple Spending on Tourism China’s spending in the tourism sector is likely to 3X by Y 2020, to RMB 3-T (US$460-B). China invested more than RMB 1-T in the tourism sector last year, an increase of 42% from one year earlier, Li Jinzao, head of China National Tourism Administration, said at the ongoing […]
Four Seasons Hotel Abu Dhabi Opens The 200-Room hotel is located on Al Maryah Island The third Four Seasons in the United Arab Emirates (UAE), and 1st in Abu Dhabi, saw its 1st guests Thursday. Located on Al Maryah Island, the 200-room hotel adjoins the Abu Dhabi Global Market Square, the UAE capital’s new international […]