The global pipeline has been ascending for nine consecutive years after reaching its cyclical low, by rooms, in 2010. Four of the seven regions of the world continue to have pipelines trending upward, YOY.
Research shows women travelers to be one of the fastest growing segments
Nearly a quarter of India’s women professionals (23%) travel at least once a month for business, compared to just 7% who travel solely for leisure with the same frequency, according to new research.
Park Hotels & Resorts withdraws 2020 outlook due to Coronavirus
“Since our earnings call on February 27, 2020, the situation related to COVID-19 has evolved rapidly, creating a notable economic impact on our business,” said Chairman, and CEO of Park
Coronavirus: UNWTO calls on tourism to be part of the recovery plans
UNWTO has been working with WHO to ensure health measures need to be implemented in ways that minimize any unnecessary disruption to travel and trade.
AHLA urges Congress to pass Coronavirus supplemental appropriations package
A statement from Chip Rogers, AHLA president and CEO, on an emergency supplemental appropriations package to address the threat of Coronavirus.
Virtuoso’s expert advice on how to keep travelling in 2020
While those well-deserved breaks may seem to be swimming in uncertainty, Virtuoso says you should get some expert advice from the best travel advisors in the industry before you ditch your precious plans.
AHLA joins business leaders to discuss response to Coronavirus
Chip Rogers, president, and CEO of the American Hotel & Lodging Association (AHLA), joined leaders from the U.S. Chamber of Commerce, U.S. Travel Association, Airlines for America, and the National Retail Federation to discuss the potential impact of COVID-19 and the business community is responding.
Hilton increases stock repurchase authorization by $2 Billion
The Board of Directors of Hilton Worldwide Holdings Inc. has authorized the repurchase of an additional $2 billion of common stock under the Company’s existing stock repurchase program, bringing the total amount currently authorized for repurchase to approximately $2.3 billion.
Minister of Tourism and Creative Economy responds to Coronavirus development in Indonesia
According to the Minister, the implementation of the tourism sector’s stimulus program for foreign tourists will be carried out until the COVID-19 outbreak has subsided and the situation back to being conducive.
Dominica’s passport demand boosted by 70%
Following the opening of its first embassy in the Middle East, in Abu Dhabi, the Commonwealth of Dominica has become the most popular destination among migrants from the region.