Travelocity Business seeks growth in changing industry

“Clearly 2009 was a tough year,” Yannis Karmis,  president of Travelocity Business, said in an interview with Travel Agent. “Among other things it focused businesses attention on their travel expenses and how effectively travel was being managed to produce a return on invested assets. Cost pressures will remain in 2010, as will pricing volatility.”
Karmis, a 12-year Sabre Holdings veteran [...]

WTTC Announces Shortlist of Finalists for 2010 Tourism for Tomorrow Awards

The World Travel & Tourism Council (WTTC) announced the 12 finalists for the 2010 Tourism for Tomorrow Awards. Under WTTC’s stewardship since 2003, the prestigious Awards recognise best practice in sustainable tourism in four different categories – Destination Stewardship, Conservation, Community Benefit and Global Tourism Business. Over 160 entries were received this year from over [...]

Kingdom seeks 20% increase in Indian visitors

Jordan is targeting a 20 per cent increase in the number of Indians visiting the Kingdom this year, the Jordan Tourism Board (JTB) said on Thursday.
According to JTB Director General Nayef Fayez, some 29,000 Indian tourists visited Jordan in 2009, following the opening of a JTB office in New Delhi last April.
Last year, the government [...]

Asia now world’s biggest air travel market

The Asia-Pacific region has overtaken North America as the world’s largest air travel market with 647 million passengers in 2009, the International Air Transport Association (IATA) said Monday.

By contrast, 638 million people flew on commercial flights in North America last year, IATA announced at an aviation business conference on the eve of the Singapore Airshow [...]

Amex Reports Corporate Travel Sales Stabilizing After Deep 2009 Drop

Reflecting the depths reached by the corporate travel industry in 2009, American Express’ global corporate travel sales shrunk 30 percent year over year to $14.6 billion, the company announced late yesterday in its fourth-quarter earnings call. That slide, however, seems to have stabilized as its global corporate travel sales were $4.1 billion in the quarter, [...]

Asia’s Most Wanted: Top Ten Asian Travel Destinations

Wotif.com, a leading accommodation website in Asia-Pacific, has announced the ten most popular Asian regions, based on its booking data for 2009*.
The tough economic climate and political turmoil were not able to knock Thailand from the top region position, which it has now held for three years running. It was followed in the top five [...]

Orient-Express closes US$138 million stock offering

Orient-Express Hotels Ltd. today announced the closing of its previously announced public offering of 12 million Class A common shares. The company also announced that the underwriters for the offering exercised in full their over-allotment option to purchase an additional 1.8 million Class A common shares, bringing the total shares sold to 13.8 million at [...]

Alisa Bailey is the state’s No.1 tourism promoter

Virginia is for lovers and Alisa Bailey is the matchmaker.
“We’re the No. 1 salesman for the state of Virginia,” said Bailey, the president and CEO of the Virginia Tourism Corp., the state’s tourism promotion agency.
“Virginians sometimes like to hide their light under a bushel basket,” Gov. Timothy M. Kaine said. “But Alisa takes the basket [...]