[ad_1] LONDON – Israel’s hotel industry is on pace for a record-breaking year with average daily rate (ADR) as the main driver of performance, according to data from STR. Through the first 10 months of 2018, Israel posted an ADR of ILS806.28, which was a 7.8% increase when compared with …
Read More »St. Louis Will Host the 2019 Great North American Oktoberfest
[ad_1] WHY IT RATES: The North American Society of German Culture and Heritage sought a city with deep German roots so as to host a North American Oktoberfest reminiscent of the celebration found in Munich, and they found that in St. Louis. — Alex Temblador, TravelPulse Associate Writer The North …
Read More »Flight paths diverge on fuel prices, US competition, slow growth
[ad_1] Volatile jet fuel prices, reinvigorated US competition, overcapacity and slowing passenger growth will pile pressure on the credit quality of European airlines in 2019, particularly the smaller, less diversified carriers, says Scope Ratings. “The overall credit outlook for the sector remains negative. The gap between the creditworthiness of larger …
Read More »Al Hosn to open in Abu Dhabi in December
The Abu Dhabi department of culture and tourism had announced that the much-anticipated grand opening of Al Hosn, a new cultural destination located in the heart of downtown, will take place on December 7th. Al Hosn is the city’s original urban block and will comprise four interrelated components: the historic …
Read More »Mexico celebrates as long-term tourism strategy pays dividends
Mexico welcomed a record-breaking 39.3 million visitors in 2017, a 78.7 per cent increase in international visitation to the country since 2012. The United Nations World Tourism Organisation declared this year that Mexico is now the world’s sixth most visited country, a leap from being number 15 in the organisation’s …
Read More »UNWTO: Asia continues to power global tourism growth
Asia and the Pacific are outperforming all world regions in growth in international arrivals since 2005. That is the central finding from the Asia Tourism Trends Report presented by the United Nations World Tourism Organisation, in partnership with the Global Tourism Economy Research Centre, at the Global Tourism Economy Forum …
Read More »UKHospitality warns thousands of jobs hang in budget balance
Ahead of the Budget announcement on Monday, UKHospitality has warned the government that hundreds of thousands of vital sector jobs could be lost and investment stunted, unless urgent action is taken on business taxation. The Economic Contribution of the UK Hospitality Industry Report highlights best and worst-case scenarios for the …
Read More »German National Tourist Board Invests in Additional Digital Projects
[ad_1] WHY IT RATES: An enhanced budget will provide the GNTB with additional resources to effectively market the coveted European destination to travelers around the world.—Patrick Clarke, TravelPulse Senior Writer Additional funds from the Federal Ministry for Economic Affairs and Energy (BMWi) allow the German National Tourist Board (GNTB) new …
Read More »Top10 most Instagrammable airport lounges
[ad_1] What if you tried a new airport lounge and all of the spectacular services they offer? You will get a great unique experience, chances are that you will come back with your friends and family and will feel that you finally “experienced premium airport journey”. Let’s take a look …
Read More »The Hottest News from Travel Impressions’ Biggest Event of the Year
[ad_1] It can easily be argued that Travel Impressions’ 23rd annual conference and awards gala provided more education for travel agents than any other such show in the operator’s history. And that’s usually what happens when you have to educate your partners about roughly 200,000 new hotels added to the …
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