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217. Travellers with overseas-issued Visa Cards can now Withdraw Yen from Seven Bank ATMs in Japan
Travellers with overseas-issued Visa Cards can now Withdraw Yen from Seven Bank ATMs in Japan. Travelers to Japan will be pleased to know that 12,000 Seven Bank ATMs have been installed which, since Wednesday, 11 July, allow international Visa cardholders to conduct cash withdrawals in yen. Seven Bank has installed the ATMs primarily in Seven-Eleven and Ito-Yokado stores throughout
218. PolyU Study Finds Understanding Market Segments Key to Boosting Repeat Visits
PolyU Study Finds Understanding Market Segments Key to Boosting Repeat Visits. A better understanding of tourist market segmentation in Hong Kong is the key to boosting repeat visits according to Professor Cathy Hsu of the School of Hotel and Tourism Management of The Hong Kong Polytechnic University and her collaborator Soo Kang. In a study recently published by the Journal of Tra
219. Travel Agents at 2007 IDE-Asia to Experience Korea and Beyond
Travel Agents at 2007 IDE-Asia to Experience Korea and Beyond.
220. Olympic Games to Impact Tokyo Hotel Market in 2020
The Olympic Games in 2020 will be held in Tokyo, Japan, and while an event of such magnitude poses real challenges, the event is likely to have a very positive impact on the Tokyo hotel market. STR Global has been monitoring hotel performance for the Olympic host cities since Atlanta hosted the Olympic Games in 1996, and the forthcoming 2016 summer Olympics in Rio de Janeiro will b
221. Hong Kong - Singapore Air Travel Bubble to Take Off on 22 November
Under the ATB, travellers between Singapore and Hong Kong will be subject to COVID19 tests, in lieu of quarantine or Stay-Home Notice. There will be no restrictions on the purpose of travel and no requirement for a controlled itinerary or sponsorship.
222. IATA Forecasts US$2.5 billion Loss for 2009
IATA Forecasts US$2.5 billion Loss for 2009. IATA’s latest forecast for 2009 predicts an industry loss of US$2.5 billion. All regions, except the US, are expected to report larger losses in 2009 than in 2008. Industry revenues are expected to decline to US$501 billion. This a fall of US$35 billion from the US$536 billion in revenues forecasted for 2008. This drop in revenues is the
223. Asia Pacific Travel Growth Continues
Asia Pacific Travel Growth Continues.
224. Asia Pacific Airlines Expected to Make Largest Contribution to Industry Profits in 2012
This will be the second year of declining returns since airline profits peaked in 2010 at $15.8 billion with a net profit margin of 2.9%. In 2011, industry profits fell to $7.9 billion for a 1.3% net profit margin. This year’s projected $3.0 billion industry profit would yield a net profit margin of just 0.5%.

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