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169. MasterIndex of Travel Survey Predicts Strong Outbound Travel Growth Across Asia Pacific
MasterIndex of Travel Survey Predicts Strong Outbound Travel Growth Across Asia Pacific.
170. Asia Pacific Region continues to Lead World Tourism Growth
Asia Pacific Region continues to Lead World Tourism Growth. The year 2007 has started on a higher than expected note for global tourism. From January through April, international tourist arrivals worldwide rose by over 6% to 252 million, representing an additional 15 million arrivals as against the same period in 2006, according to the latest UNWTO World Tourism Barometer. Asia and
171. Thailand Targets Tourism Revenue of 3.18 Trillion Baht in 2020
The Tourism Authority of Thailand (TAT) has set a target of 3.18 trillion Baht in overall tourism revenue for 2020, a 4% year-on-year increase. The amount includes 2.02 trillion Baht from international tourists, up 3%, and 1.16 trillion Baht from domestic tourists, an increase of 5%.
172. Singapore Airlines Returns to Profitability
Singapore Airlines Returns to Profitability. Group revenue at $3,418 million was $336 million (+10.9%) higher than the second quarter, while on the cost side, group expenditure fell $169 million (-5.2%) from the preceding quarter. The increase in jet fuel price led to a $34 million rise in fuel cost before hedging, although hedging losses were $146 million lower. Savings in other a
173. Carlson Reports Stable Performance for 2013
Carlson, a global hospitality and travel company, has reported a stable sales performance of US$37.1 billion in 2013 and global growth across its businesses, including strong hotel development momentum in the U.S.. Carlson Wagonlit Travel (CWT) reported strong performance for its business travel activities in 2013. Key growth of US$1.9 billion was recorded in new business sales, an
174. Markets Connecting Asia Pacific to Lead Global Air Cargo Growth
Boeing believes the global air cargo market will expand at a 5.2% annual rate over the next 20 years. According to the Boeing World Air Cargo Forecast 2012/2013, growth will be driven by world gross domestic product (GDP) that will nearly double over the forecast period. Trade is expected to increase through liberalization of markets and more efficient aircraft and infrastructure i
175. IATA Reports Global Passenger Traffic Results for August 2013
IATAs global passenger traffic results for August 2013 show a strengthening of the healthy demand trend of the last few months. Total revenue passenger kilometers (RPKs) rose 6.8% compared to August 2012. Capacity increases over the year-ago period lagged demand at 5.6%. This pushed the load factor to match the record high of 83.4% set in July 2011.
176. Air Travel Demand Stays Strong in May 2014
IATAs global passenger traffic results for May 2014 show demand growth of 6.2% compared to May 2013. Asia Pacific carriers recorded an increase of 7.3% compared to May 2013, which was the largest increase among the three biggest regions. The strong performance suggests that downward pressure on demand from sluggishness in the Chinese economy is likely easing. According to JP Morga

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