LONG-HAUL TRAVEL BAROMETER

| February 26, 2017

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2016 was another year of growth in European tourism. The number of international tourist arrivals to European destinations between January and September grew by 2% on a year-on-year basis.* Key overseas markets remain a key driver of arrivals growth with the US and China making the largest contributions to the number of international tourist arrivals.

Spotlight

Hotel Max

Located just six blocks from Pike Place Market, Hotel Max is downtown Seattle’s home away from home for art lovers and the creatively inclined. Within easy walking distance of the Emerald City’s best shopping, world-class dining, art museums and exceptional nightlife, the edgy but chic boutique hotel offers travelers a base for urban adventures that mix art with style.

OTHER ARTICLES

Predicting The Future Of Travel In 2040

Article | February 22, 2020

By the year 2040, international travel will be a faster, easier and more ecologically sustainable activity than ever before, according to a report commissioned by Allianz Partners to help prepare for the travel-related needs of their customers in the future. Allianz Partners is a world leader in B2B2C assistance and insurance solutions, delivering global protection and care, and offers dedicated travel insurance services through the Allianz Travel brand.

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As travel giants circle, understanding the economics in tours and activities is vital

Article | March 3, 2020

In the past 24 months, the tours and activities sector has moved from, to borrow a Cinderella analogy, the cinders to the palace, where its untapped potential has moved into the sights of major travel retailers and investors. These retailers and investors, as we know, included Booking Holdings, Tripadvisor and SoftBank via their investments in Klook and GetYourGuide. These moves have led to lots of opportunities for operators and consumers alike, but, as always, change does not come without its casualties. Some operators are to dealing with distributors and they understand that such partners can be both partner and competitor.

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Travel tech pros put sustainability behind economy as key challenges for 2020

Article | February 10, 2020

Economic uncertainty is deemed to be the biggest challenge facing the travel industry, ahead of climate change and sustainability issues, according to new research. A survey by Travel Technology Europe, sister brand of PhocusWire, reveals that 53% of those polled put economic conditions at the top of the list of concerns followed by sustainable travel at 45% and climate change at 44%. The study was carried out in the run-up to the United Kingdom's general election in early December 2019, so the challenge of economic uncertainty is not that surprising.

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Here’s What Will Happen Next to Corporate Airfares

Article | April 7, 2020

To paint a picture of what corporate airfares will look like once planes return to the skies is becoming more difficult by the day — if not impossible. Airlines, for one, have more pressing matters to deal with as they fight for survival during the ongoing crisis. Most in the U.S. will be working through the fine print of the $2 trillion U.S. stimulus package that throws them a lifeline of $50 billion in grants and loans. Other carriers, particularly in Europe and Asia, have already downsized and furloughed most of their workforce and are now turning to refinancing. Cases in point include Air France-KLM, which is now looking for $6.5 billion in state-backed loans, while last week Singapore Airlines revealed it had secured $13 billion in new funding.

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Spotlight

Hotel Max

Located just six blocks from Pike Place Market, Hotel Max is downtown Seattle’s home away from home for art lovers and the creatively inclined. Within easy walking distance of the Emerald City’s best shopping, world-class dining, art museums and exceptional nightlife, the edgy but chic boutique hotel offers travelers a base for urban adventures that mix art with style.

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