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41. IATA Reports Healthy Passenger Demand in November; Domestic Markets Driving Growth
IATA's global passenger traffic results for November 2014 show a continuation of the healthy demand trend of recent months. Total revenue passenger kilometers (RPKs) rose 6.0% compared to November 2013, which was ahead of the 5.7% year-over-year growth recorded in October as well as the 10-year average growth rate of 5.6%. November capacity expanded by 5.4%, leading to a 0.5 percen
42. Moderate Asia Pacific Passenger Traffic Growth in August 2014
According to data compiled by ACI Asia Pacific, passenger traffic maintained a moderate growth rate for the month of August 2014 with Asia Pacific airports recording a year-on-year increase of +3.3% while airports in the Middle East posted an increase of +9.0%. In August 2014, Beijing (PEK) was the busiest airport despite almost flat growth (+0.7%) whereas Dubai (DXB), the busiest
43. STR Predicts U.S. Hotel Industry to Continue ADR, OR and RevPAR Growth in 2016
For the remainder of 2015, the U.S. hotel industry is predicted to report a 1.7% increase in occupancy to 65.5%, a 4.8% rise in ADR to US$120.46 and a 6.5% increase in RevPAR to US$78.90. During that same period, demand growth (+2.8%) is expected to outweigh supply growth (+1.1%). When looking at the Top 25 Markets, 22 are expected to experience RevPAR increases of 5.0% or higher f
44. European Hotel Industry Passes U.S. in RevPAR Growth for First Time Since 2010
According to data from STR, 2015 marked the first year since 2010 in which the European hotel industry passed hotels in the U.S. in year-on-year RevPAR growth. In U.S. dollar constant currency, Europe’s year-end 2015 RevPAR growth reached +6.9% (to US$83.94), while in the U.S. RevPAR increased by 6.3% to US$78.65.
45. IATA releases Traffic Results for November 2007
IATA releases Traffic Results for November 2007. IATA recently released traffic results for November 2007 which show year-on-year international passenger demand rose 9.3% in November - the fastest growth rate recorded in 18 months. This is higher than the 7.7% growth recorded in October and the 7.5% growth recorded over the first 11 months of 2007.
46. Airports in Asia Pacific Report 7.3% Increase in Passenger Traffic
According to data compiled by ACI-Asia Pacific, passenger traffic at Asia Pacific airports in October 2014 maintained a moderate growth rate of +7.3% year-on-year while airports in the Middle East reported +7.6% in the same period. The majority of the airports reported positive growth for the month. In particular, high growth in domestic passenger traffic continued to be a signific
47. 11% Growth for Asia Pacific Visitor Arrivals in 2010
11% Growth for Asia Pacific Visitor Arrivals in 2010. South Asia reported the strongest sub-regional arrivals growth for the year with an aggregate gain of 14% reaching an inbound volume count of just over 8.4-million. India, which captures 70% of the total foreign arrivals to the sub-region, posted a strong 9% increase to set a new record of 5.6-million foreign inbound visits for
48. Air Freight Volumes Expand More Slowly in June 2014
Data compiled by IATA shows a 2.3% growth in global air freight market demand (measured in freight tonne kilometers) over June 2013. That is slower than the 4.9% growth reported for May. Nevertheless, overall growth for the first six months of 2014 stands at 4.1% compared to the same period in 2013. That is much stronger than the weak 1.4% increase reported for the full-year 2013 o

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