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Air Transport Association Expects 2.5 Percent Decline in Air Travelers Over 21-Day Winter Holiday Period
The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, announced today that it expects 41 million passengers(1) to travel over the upcoming winter holidays(2) on U.S. carriers, representing a 2.5 percent year-over-year decline from the 42 million passengers(1) estimated to have flown during the same period in 2008.(3) ...more
Destinations to watch in 2010
Poised to claim their time in the spotlight, destinations around the world are taking center stage with big festivals or anniversaries, massive new developments, or just particularly good deals. ...more
Monitoring the Rising Strategic Importance of Social Media to Travel Companies
There's no doubt that travel lends itself to online discussion. Travel blogs, community sites, and user reviews litter the internet landscape. What's interesting though is how being a part of the online conversation is fast becoming an integral part of strategic planning as oppose to being an added 'nice-to-have'. ...more
Changes, They are a Comin'! Job Market Loosens Up - By Alan E. Young, Partner, Apical Resource Group
Well, it is really starting to happen. We are seeing signs of life creep back in the hotel and travel jobs market. I must admit that I did not expect to see any real signs of life until the 1st quarter of 2010 but here we are in December and the numbers are looking pretty good. If the increase of clients at our company is an indicator, we should expect to see a dramatic rise in available jobs in the 1st quarter next year. ...more
Deloitte Releases New White Paper on FASB Statement 167 Adoption Issues for Tourism, Hospitality and Leisure Industry
FASB Statement 167 may have a significant impact on financial reporting for companies in the THL industry. ...more
ITB World Travel Trends Report: European Travel Industry Cautiously Optimistic in the Wake of Massive Losses
Preliminary travel statistics for 2009: shorter trips that are closer to home and saving money the priorities - more and more last-minute bookings - decline highest in UK and Russia ...more
TripAdvisor Reads Traveler Tea Leaves to Reveal 2010 Trends
Annual Traveler Survey Discovers a Flu-nomenon as U.S. Respondents Becoming Far More Cautious When it Comes to Germs U.S. Travelers Expect to Take More Leisure Trips in the Coming Year Troncones, Mexico is 2010's Top Up-and-Coming Travel Destination ...more
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