By Sikha Thakur The economy of a country highly depends on the hospitality industry throughout the world as per World Travel and Tourism Council. Tourism is presently one of world’s largest industries, generating US$6 trillion or 9 percent of global GDP, creating nearly 260 million jobs in hospitality sector. In Travel and Tourism industry, hotel, […]
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2019: Travel and Hospitality Marketing Budgets
By Ayan Das When it comes to travel and hospitality marketing, search has become the digital workhorse. This is the Power of Search. Newer channels may get more buzz, but its search that continues to most consistently deliver audiences, engagement and bookings. Some 48 per cent of all US travellers say they begin trip planning […]
Rising fuel price: a challenge for AVIATION industry
By Sikha Thakur Recent report reveals that airline industry is facing failures due to constant rise in oil prices and consumer compensation payouts. Danish low cost carrier (LCC), Primera, Cyprus-based, Cobalt Air and Switzerland’s SkyWork Airlines are the airlines which has shown constant downfall in this sector in recent months. In WTM London, from JLS […]
HPI: Japan outshined Singapore, asserts the world’s strongest passport
By Ayan Das In the ongoing competition of the world’s most powerful passport, Japan won a gold medal, according to the Henley Passport Index (HPI). The Japanese citizens recently gained visa-free access to Myanmar which now allow the holders to travel freely to 190 countries and territories, overtaking Singapore which once enjoyed the most powerful […]
World Medical Tourism industry expected to have double digit growth
By Sikha Thakur In recent years health industry has shown an immense growth in medical travel for proper health treatment. Deloitte Center for Health Solutions in a study stated that in 2008 the world medical tourism industry was a whopping US$ 60 billion, which is further estimated to have double digit growth in the years […]
Report: Global Airport Service Industry presents optimistic growth
By Akash Sinha The Global Airport Service Industry provides a promising scenario with increased opportunities in aircraft handling services, cargo handling and hospitality events, as provided by market reports published by Lucintel. Expecting an estimated US$211.5 billion target by 2023, the compound annual growth rate or CAGR has been forecasted as 4.2 per cent, in […]
India, the world’s fourth-largest carbon footprint from tourism: Study
Study reports that global tourism accounts for 8 per cent of carbon emissions. India has the world’s fourth-largest carbon footprint from tourism, including business travel, after the USA, China and Germany. With 909 million tonnes of carbon emitted, irrespective of national or international travel, American travellers top the tourism carbon footprint ranking. While the study […]