Articles tagged “economy”

Brazil’s economic boom has fueled a building bonanza, which could eventually become an issue if there’s an oversupply of rooms when the country’s global hosting responsibilities come to an end.

The European recession was never expected to decrease inbound travel, especially from Asia, but an outbound increase of 1 percent is closer to stagnation than growth for outside markets.

Amusement parks perform better than national parks during an economic downturn, and Hershey’s established brand keeps visitor numbers higher than the industry average.

The city’s hotels took a hit in 2000 and have been struggling at unprofitable rates since, but a rejuvenated auto industry should lead to higher rates and filled rooms.

A more integrated, holistic and sustainable approach to Caribbean tourism is needed -- beyond the historic sun and sand -- for long-lasting economic development.

Bolstered by findings that tourism GDP grew by 3.2 percent in the second quarter, government officials look just beyond their borders for an easy influx of visitors and continued growth.

Spending on business travel will initially drop by $20 billion if the U.S. enters a recession, but could bounce back from lower interest rates and reduced deficits over the long run.

After months of uncertainty, hotels (and other businesses) can breathe a sigh of relief knowing that nothing radical -- well, except for something like Airbnb -- will change their industry over the next four years.

The U.S. isn't immune from rest of the world, and 2013 growth slowdown is a troubling forecast. But consumer confidence is on the rise so leisure travel may carry the year through.

This study suggests that national parks should prepare for lower visitation numbers as long as a recession persists. Trips to non-marquee parks take low priority despite their great value.