The current record in domino toppling is 4 491 863 (www.recordholders.org, 31-10-2010)
2007 was the year when the first global financial crisis of the third millennium took off. Three years later the world is still recovering from it. This blog entry will touch upon the impact it had on the tourism industry but stresses out […]
“What beauty. I saw clouds and their light shadows on the distant dear earth…. The water looked like darkish, slightly gleaming spots…. When I watched the horizon, I saw the abrupt, contrasting transition from the earth’s light-colored surface to the absolutely black sky. I enjoyed the rich color spectrum of the earth. It is […]
As can be read in an article in The Australian by Steve Creedy (October 28, 2008), the tourism industry is bracing for hard times as international airlines post their worst global traffic results since the 2003 SARS epidemic. Although failing oil prices and the lower Australian dollar, consumers prefer to keep their wallets closed. […]
Introduction
The emergence of International trade on the world arena has seen the introduction of bilateral and multilateral agreements in many sectors of the world economy. In the tourism sector for example, many believe that such agreements will help expand the benefits of this already viable sector. One of these agreements is the much talked […]
Introduction
A call out to increase regulation of the U.S. airline industry has been made by a prominent investment bank, arguing that a financially healthy industry is crucial to the well being of the United States’ economy. The airline industry’s myriad problems have been well documented, Hector J. Cuellar, president of RSM EquiCo Capital Markets, […]
BI-ME , 03-07-2008
Tourism indicators show that 2008 will be a slower year but the Middle East is demonstrating incredible resilience. Despite the financial turmoil of the past months, global tourism is thriving and is expected to generate some US$8 trillion during 2008. There will be years of growth ahead in the emerging markets of India […]
TTGasia.com, Jul 4 – 10, 2008
RAJASTHAN is strengthening its long-term position as the tourist capital of India. Tourism minister, Ms Usha Puniya, said: “We are committed to improving the state’s infrastructure. While this year’s budget is US$15.53 million, we are also counting on private investments.” Rajasthan is popular with international tourists as a culturally […]
TTGasai.com, Jul 4 – 10, 2008
According to Bali Rasa Sayang, a grouping of tourism organisations that specialises in the Japanese market, Japan is Bali’s top market. Between January and April this year, Indonesia received 163,018 Japanese visitors, a nearly 13 per cent gain from the 144,330 arrivals reported for the same period last […]
eTN, Jul 02, 2008
Indian travel agents have begun reworking their revenue streams after a funds crunch forced three leading airlines to scrap their commission. The aviation industry, struggling to cling on to competitive pricing despite increased overhead costs, is now faced with the prospect of a Rs.80-billion ($1.86-billion) loss because of the recent […]
Manila times, 23-6-2008
Iyog said the airline’s business strategy is to entice more passenger traffic to offset the rising expenses. “We want to grow the market amidst high oil prices. It’s not about market share, but growing the entire market . . . We cannot afford flying empty. Flying with an empty seat is not […]
