The airline announces flight across India, embracing its role as Vietnam’s tourism ambassador, opening the door for greater tourism between the two countries. The Vietnamese low-cost carrier recently revealed its new Airbus A330 aircraft sporting Vietnam’s national tourism symbol – “Vietnam – Timeless Charm” – in partnership with the Vietnam National Administration of Tourism. The…
As the revenge travel boom slows, how can travel sellers avoid a bust?
A recent report by Bankrate in the US showed that affordability is cutting into traveller choice and more recently southern European sun-and-sea destinations have reported a slowing in bookings that wasn’t quite anticipated this early in the season. In other words: so-called ‘revenge spend’ is probably waning. So what can those who have been enjoying this ‘boom’ do to…
AI boom: Don’t miss out, but avoid the frenzy
Investors must take a cautious approach to the Artificial Intelligence (AI) boom to avoid getting ‘burned’, warns a serial tech entrepreneur and the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech organisations. The warning from Nigel Green of deVere Group follows Nvidia last week shocking the stock…
Summer staycation boom on the horizon amid surge in UK holiday bookings
The number of people searching for a staycation almost tripled in January, according to holiday home rental agency Sykes Holiday Cottages. The company has revealed that searches on the website for UK holidays were up 274% month-on-month at the start of January, also surpassing levels seen this time last year. As a result, bookings for its…
Cuba set for US travel boom as restrictions eased
Cuba is expected to receive a boom in visitors from the United States after the Obama administration took a series of steps to normalise relations between the two countries. At present travel is heavily restricted, with direct commercial flights banned, special visas compulsory and visitors required to join strictly controlled groups. Authorised travel typically takes…
ITB Berlin 2015: United States leads tourism boom in Americas
The economic situation in the United States and Canada is improving and with it has come a renewed increase in foreign trips in 2014. At the same time the weaker-performing economies of Brazil and Argentina have led to slower growth in tourism in South America. These are the findings of the ITB World Travel Trends…
