Newly signed agreement will see 20 properties developed over 10 years
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 Report, conducted by IPK International and commissioned by ITB Berlin, the worlds leading travel trade show.
The U.S. hotel industry recorded positive results in the three key performance measurements during the week of 7-13 December 2014, according to data from STR, Inc.
No matter what you might think about companies such as AirBnB and Uber, who have had such an impact on the sharing economy, they have certainly shaken the communities they serve. The status quo has been challenged, as most of us would enjoy the opportunity to 'monetize' those extra bedrooms, idle cars, and even our lawnmowers. We are all entrepreneurs, if prompted correctly.
Condé Nast Traveller Luxury Travel Fair - an event dedicated to all aspects of luxury tourism - will take place for the second time on the 17th of March, 2015 in one of Moscows most historic and iconic buildings, the Metropol Hotel.
International tourism is set to hit a new record by the end of 2014 with over 1.1 billion international tourists travelling the world in one single year. During the first ten months of 2014, the number of international tourists grew by 5% according to the latest UNWTO World Tourism Barometer, rising above expectations.
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