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Singapore tourism drops 4.3 per cent, hotels take hit
Tourist arrivals in Singapore fell 4.3 per cent in 2009 to 9.7 million, the city-state's tourism board said Tuesday. Hotels were hit hard as visitors stayed away due to the economic recession and the H1N1 flu outbreak. ...more
U, V or W: What Kind of Recovery Can We Expect, and When?
Delegates to the just-ended World Economic Forum in Davos, Switzerland, found plenty of positive economic signs - but not enough to keep them from wringing their hands. The consensus at the five-day gathering called for strong growth in emerging markets like China, India and Brazil, and poor growth in Japan and much of Europe, with the United States somewhere in between. The Forum's official statement called the global recovery 'fragile.' ...more
Traveler Confidence Report Shows Significant Increase in Intent to Travel in 2010
Travelocity's second Traveler Confidence Report finds that nearly half of respondents plan to increase their travel in 2010 as compared to 2009 ...more
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