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Travel Industry News Highlights

Trends

Economic Headwinds Will Slow 2008 U.S. Domestic Travel to 1.99 Billion Person-Trips
International Arrivals to Advance by 7.2%, Expected Declines in Business and Leisure Travel Will Make 2009 a Challenging Year ...more

American Express Business Travel Announces Adjusted Results Of Forecast In Anticipation Of Global Economic Slowdown
Potential Decreases in the Cost of Airfares Likely, Prices Could Move from -3 Percent to 5 Percent for Domestic Air Travel in North America - Hotel Occupancy is Expected to Decline and Hold Rates Steady ...more

International Visitation Up 10 Percent In First Seven Months Of 2008 Spending At $83.5 Billion For The Year
The U.S. Department of Commerce announced that 29.3 million international visitors traveled to the United States during the first seven months of 2008, an increase of 10 percent over the same period in 2007. In July 2008, total visitation was 5.4 million, an increase of 2 percent over July 2007. ...more

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Technology

Amadeus' CFO research finds corporate travel managers must strike better balance between service quality and cost reduction
Majority of CFOs (Chief Financial Officers) dissatisfied with how travel costs are currently managed in their companies ...more

More than 50,000 hotel properties guarantee Best Available Rates to Amadeus travel agencies
Two out of every three hotel properties in Amadeus are covered by Best Available Rate agreements ...more

Hainan Airlines sustains its international expansion with Amadeus e-commerce technology
Hainan Airlines, the largest private carrier in China, is the fourth major Chinese airline to select Amadeus e-commerce technology to increase online sales ...more

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Environmental

ASTA's Green Member Program Enhanced
Updates on ground transportation, accommodations, resources, marketing ...more

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Other

Better Days Are Coming To Caribbean Tourism - By Bevan Springer
While tourism operators at home and in the marketplace bemoan the current difficult economic times and the typical challenges they associate with the summer and fall seasons, others are 'improving, renovating, expanding and exposing' their product in anticipation of better days. ...more

Expansion of Visa Waiver Program to Strengthen American Economy, Attract Up to One Million New Visitors to United States
The Travel Industry Association (TIA) praised President Bush's announcement that the following seven countries will be admitted to the U.S. Visa Waiver Program (VWP): the Republic of Korea (South Korea), the Czech Republic, Hungary, Estonia, Latvia, Lithuania and Slovakia. ...more

Cruise Critic Editors Pick World's Best Cruise Ships
Cruise Critic today announced the winners of the 2008 Cruise Critic Editors' Picks Awards. The awards honor the world's top cruise lines for outstanding performance in 10 major areas. ...more

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Environmental : 1 new
Other : 3 new
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Trends : 3 new

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