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65. IHG Signs Second Holiday Inn Hotel in Saigon, Vietnam
InterContinental Hotels Group has signed a management agreement for a new-build Holiday Inn & Suites in Ho Chi Minh (Saigon), the second Holiday Inn hotel in the city. Opening in 2021, Holiday Inn & Suites Saigon Hi-Tech Park will offer 300 guest rooms, including 50 long-term stay suites. The property will be located 20 minutes away from the Tan Son Nhat Airport and the future Long
66. Tourism Authority of Thailand and Expedia to Promote Secondary Cities
The Tourism Authority of Thailand (TAT) has signed a Memorandum of Understanding with Expedia Group. The collaboration will include sharing traveller-centric insights and trends that will help boost TAT’s capabilities to more effectively plan promotional campaigns to attract more travelers and encourage longer stays in Thailand.
67. Tourism Powerhouses Identified in New WTTC Ranking
China, the USA and India have taken the top three spots in the World Travel & Tourism Council’s (WTTC) new Travel & Tourism Power and Performance Report. Using WTTC’s annual economic impact data, this new report ranks the performance of 185 countries over the last seven-year period, combining four indicators: contribution of travel and tourism to GDP, international visitor spend, d
68. Singapore Airlines and Tourism Australia Sign A$11 Million Marketing Deal
Singapore Airlines and Tourism Australia have signed a new three-year strategic marketing deal worth A$11 million. The agreement will see the two parties jointly fund a range of tourism campaigns and promotional activities in eight of Australia’s key inbound markets – China, Germany, India, Indonesia, Japan, Malaysia, Singapore and the UK.
69. Hong Kong Int. Airport Reports Strong Growth for August 2018
Passenger volume and flight movements at Hong Kong International Airport (HKIA) reached record highs in August 2018. During the month, passenger volume climbed 5.2% year-on-year to 6.8 million, while flight movements increased 3.8% to 36,950. Cargo and airmail throughput reached 431,000 tonnes, increasing 2.4% compared to the same month last year.
70. Virgin Atlantic Cargo Reports Strong H1 Performance
Growth in life science, express, valuable and automotive shipments all contributed to a 3% year-on-year growth in tonnage for Virgin Atlantic Cargo in the first half of 2018. Overall, the airline carried 116.3m kg to the end of June 2018, building on its strong performance in 2017 when volumes reached a five-year high. Virgin Atlantic’s cargo business also continued to benefit from
71. Air Freight: FTKs Increase 2.3% in August 2018
IATA's data for global air freight markets shows that demand, measured in freight tonne kilometers (FTKs), rose 2.3% in August 2018, compared to the same period the year before. Freight capacity, measured in available freight tonne kilometers (AFTKs), grew by 4.5% year-on-year in August 2018. This was the sixth month in a row that capacity growth outstripped demand growth. Yields,
72. Aviation: RPKs Up 6.4% in August 2018
IATA's global passenger traffic data for August 2018 shows that demand (measured in total revenue passenger kilometers or RPKs) climbed 6.4% when compared to the same month in 2017. This was slightly above the 6.1% annual increase for July. August capacity (available seat kilometers or ASKs) increased by 5.5%, and load factor climbed 0.7% percentage point to 85.3%, which was the hi

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