Articles tagged “economy”

China’s travel infrastructure has grown exponentially over the past decade and will benefit from the country’s economic refocusing fueling domestic business travel.

Europe is past its golden age of growth and is now turning to younger, growing nations to revive its own stagnant economy through tourism.

Chinese tourists are not the biggest spenders (that’d be Qataris and Kuwaitis), but their numbers are growing along and Britain doesn’t want to be forgotten among brand capitals like Paris and Rome.

As the rules of travel change, so must the travel policies that employees abide by. The study suggests that implementing a more intuitive, individually tailored trip will result in happier, more productive business travelers.

A combination of employee wages, purchases by both passengers and staff, and port fees make up the impressive expenditures impacting the 21 countries.

Both global and domestic air travel growth remained weak this August with exceptions for Middle Eastern carriers in the international market, and domestic market growth in both China and Brazil.

Singapore has positioned itself as a leisure destination and business hub for Southeast Asia and is reaping the benefits of location and utility that will continue to make the country's hoteliers very wealthy.

Cruise ships could provide a huge boost to the local economies they visit by buying fresh local produce and seafood -- a boost that many cruise stops from Maine to the Caribbean islands desperately need.

Goldman Sachs predicts that any boost to UK's economy in Q3 will even out in Q4. The intangible benefits of hosting, though, may be tempered this year by banking scandals and the UK's general sluggishness.