Inaugural New Zealand Business Events Week elevates sector

Inaugural New Zealand Business Events Week elevates sector

New Zealand’s first Business Events Week launched on 18 Sept with the Business Events Industry Aotearoa (BEIA) Annual Conference in Marlborough, followed by policy and business forums in Wellington and Auckland. Spearheaded by peak industry body BEIA, New Zealand Business Events Week has been developed as a platform to elevate the importance of the sector…

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Travel & Tourism sector now worth more than quarter of a trillion sterling, says WTTC

Travel & Tourism sector now worth more than quarter of a trillion sterling, says WTTC

The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) reveals the UK Travel & Tourism sector is forecast to exceed the 2019 peak this year. The sector is set to contribute £252.4BN to the UK economy this year, surpassing the 2019 pre-pandemic high of £248.5BN. WTTC is also forecasting that the sector will…

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The hospitality sector witnessed 15.4% YoY RevPAR growth in Q2, 2023: JLL

The hospitality sector witnessed 15.4% YoY RevPAR growth in Q2, 2023: JLL

The Indian hospitality sector continued to witness Year-on-Year (Y-o-Y) growth in performance in Q2 2023, primarily driven by the significant rise in Average Daily Rate (ADR) of 16.4% over Q2 2022 resulting in a RevPAR growth of 15.4%. The second quarter recorded a dip in occupancy levels due to the onset of the summer vacations…

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Traveloka Co-Founder commits to accelerating digital transformation in Vietnam’s tourism sector

Traveloka Co-Founder commits to accelerating digital transformation in Vietnam’s tourism sector

During his state visit to Indonesia which marks the 10th anniversary of establishing a strategic partnership between Indonesia and Vietnam, the President of Vietnam, H.E Nguyen Xuan Phuc met with representatives from key Indonesian enterprises, including Traveloka. During the meeting with President Nguyen Xuan Phuc, Albert, Co-Founder of Traveloka, affirmed his commitment to support more…

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MPTB invests in film tourism sector

MPTB invests in film tourism sector

Madhya Pradesh Tourism Board (MPTB) participated in the recently concluded 19th Regional Convention in Nashik organised by the Federation of Hotel and Restaurant Association of India (FHRAI). In the three-day event, the tourism board showcased possibilities in the hospitality and tourism industry and also invited them to invest in Madhya Pradesh. Sheo Shekhar Shukla, principal…

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Japan foodservice sector to benefit: GlobalData

Japan food service sector to benefit: GlobalData

Japan has reopened its borders and lifted entry restrictions for international tourists starting from 11 October 2022, after a gap of 2.5 years, as the government plans to boost its economy. The reopening of borders and a weakening yen are expected to make the country an attractive travel destination. Against this backdrop, the Japanese foodservice…

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Tourism sector to create 126 million new jobs within next decade, says WTTC

The World Travel & Tourism Council’s latest Economic Impact Report (EIR) reveals the tourism sector is expected to create nearly 126 million new jobs within the next decade. The bullish forecast from the World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism private sector, also shows the sector will be a…

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Global travel sector unites to support Ukraine

Global travel sector unites to support Ukraine

Travel businesses around the globe have come together to support Ukraine with millions of hotel rooms for refugees escaping the conflict according to the World Travel & Tourism Council (WTTC). WTTC members such as Accor, Airbnb, Carnival Corporation, the European Travel Commission, Expedia, Hilton, InterContinental Hotels Group, Internova Travel Group, Marriott International, MSC Cruises, Radisson,…

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Solomon Islands tourism sector is ready for reopening

Solomon Islands tourism sector is ready for reopening

As the Solomon Islands prepares to rejoin the world after more than two years of isolation, results of a recently-conducted Ministry of Culture & Tourism/Tourism Solomons survey show the country’s tourism sector is ready to welcome visitors as soon as the decision to reopen the border has been finalised. According to the results of the…

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