ForwardKeys.com found an increase of 4.5 percent in 2019 was significantly slower than the 6 percent growth in 2018 and the average over the last decade of 6.8 percent per year. The increase last year was less than expected, but projections for quarter one of 2020 is more optimistic. Bookings are expected to grow 8.3 percent when compared to the same period in 2019.
“Usually, aviation grows around three percentage points ahead of global GDP,” said Olivier Ponti, vice president, ForwardKeys, in a statement. “However, in the past year, we have seen several events which have held back growth. These include U.S. trade disputes with Canada, China, Mexico and the EU, riots in Chile, France, Hong Kong and India, the grounding of the relatively new Boeing 737 MAX aircraft, terrorism in Sri Lanka, the emergence of ‘flight shaming’ and the bankruptcy of Jet Airways.”
The Asia Pacific region saw the highest increase in traffic last year, with international outbound travel growing by 7.7 percent thanks to the economic success of several countries in the area. Meanwhile, international departures from the Middle East were down 2.4 percent.
Seoul Convention Bureau is poised for a strong bounce back from the COVID-19 virus. The company rolled out a new PLUS SEOUL program to offer extra support to the meetings, incentive, conventions and exhibition industry in response to the virus.
Since 1970, Goway Travel has been committed to providing customized travel experiences for world travelers. Few things are better evidence of this commitment than being awarded the 2019 Trazees award for Favorite Tour Operator. Goway Travel heartily thanks the readers of Trazee Travel for this honor and for their confidence in Goway’s work in creating travel memories that’ll last a lifetime.
Japan National Tourism Organization While would-be travelers around the world are self-isolating and putting travel plans on hold, Japan Nation Tourism Organization sends the fun home. While everyone’s wanderlust grows, JNTO offers virtual experiences showcasing the best of the island country.
Luxury Hotel Brand NH Collection to Make New York City Debut with NH Collection New York Madison Avenue
NH Collection is set to enter the New York City market and North America for the first time with the opening of NH Collection New York Madison Avenue. The hotel takes inspiration from 1920s Renaissance Revival architecture and channels New York’s Golden Age of Advertising to create an elegant, vintage vibe. The brand brings along its European flair for additional touches of eclectic elegance throughout the property.
Finding a beachfront Punta Cana all-inclusive resort for all ages can be daunting when you want to take home great memories with loved ones but also experience a sophisticated escape. Now, you can have both thanks to a new resort: Finest Punta Cana.
Genting Cruise Line is just one of the many travel companies implementing ways for travelers to change plans easily to provide peace of mind.
According to the U.S. Small Business Administration’s Office of Advocacy, small businesses create two-thirds of net new jobs and account for nearly 48 percent of the U.S. private sector workforce. And small- and medium-sized businesses outpace all other sectors as one of the fastest-growing in the United States. InterContinental® Hotels Group (IHG) goes above and beyond to create opportunities for this segment with its IHG® Business Edge program, voted Best Small- to Mid-Sized Business Program in Global Traveler’s 2019 GT Tested Reader Survey awards.
For the next several weeks, we are compiling the thoughts and experiences of our staff, writers and readers about the ongoing COVID-19 crisis. As a travel publication, we’ve all been affected during these difficult times, as have many of our clients, friends, partners and more.