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Two Seychellois elected as representatives of Economic, Social and Cultural Council of African Union

Two Seychellois elected as representatives of Economic, Social and Cultural Council of African Union

VICTORIA, Mahé - Two elected Seychellois representatives of the First General Assembly of the Economic, Social and Cultural Council (ECOSOCC) of the African Union presented their credentials to the Minister for Foreign Affairs, Mr. Jean-Paul Adam, yesterday, … October 5, 2010
Seychelles delegation arrives in New York for first economic forum

Seychelles delegation arrives in New York for first economic forum

A large Seychelles delegation, headed by the country's Vice President, Mr. Danny Faure, has arrived in New York for the tropical island's first overseas economic forum to be organized. Vice President Faure is accompanied by Ministers Jean Paul Adam and … September 20, 2010
6th Economic Forum of the Indian Ocean islands states hosted by Seychelles

6th Economic Forum of the Indian Ocean islands states hosted by Seychelles

SEYCHELLES - Seychelles will play host to the 6th edition of the economic forum of the Indian Ocean islands states (Seychelles, Mauritius, La Reunion, Madagascar, Mayotte, and Comores). A concept initiated back in 2005, the main objective is to provide … September 13, 2010
The framework for a stronger UNWTO focus of debate at the Executive Council

The framework for a stronger UNWTO focus of debate at the Executive Council

PUERTO IGUAZU, Argentina - Since the last meeting of the UNWTO Executive Council in October 2009, global economic prospects have improved steadily, with tourism demand also regaining momentum. Held directly following the UNWTO Commission for the Americas, … June 10, 2010
King Abdullah to patronize the opening of the First International Conference for Urban Heritage today

King Abdullah to patronize the opening of the First International Conference for Urban Heritage today

Under the auspices of the Custodian of the Two Holy Mosques, King Abdullah bin Abdul Aziz, the First International Conference of Urban Heritage in the Islamic Countries (UHIC) will be launched on Sunday, May 23, at the King Faisal Hall for Conferences … May 23, 2010

UNWTO calls for industry solidarity with Greece

UNWTO has called for the industry to show its solidarity with Greece at this difficult moment, underlying that tourism is a key sector for the Hellenic country and can be part of the solution in the process of economic recovery. UNWTO appealed to … May 21, 2010
2010 FIFA World Cup was never pledged as a solution to all social-economic problems

2010 FIFA World Cup was never pledged as a solution to all social-economic problems

“Recent news articles have favored the sensational rather than the fact in decrying the lack of benefit felt by the poor ahead of the 2010 FIFA World Cup™,” said Cape Town Tourism CEO, Mariette du Toit-Helmbold, in response to media articles that … May 20, 2010
WTTC expects a year of zero growth for USA travel and tourism but longer term could be much brighter

WTTC expects a year of zero growth for USA travel and tourism but longer term could be much brighter

The launch of the World Travel Tourism Council's (WTTC's) annual economic impact research on Thursday, March 11 at ITB Berlin confirmed a 5 percent decline in global travel and tourism economy GDP in 2009. "And 2010 will be a flat year," said the council's … March 15, 2010
Mainstreaming the tourism industry in the global economic agenda

Mainstreaming the tourism industry in the global economic agenda

The Ministry of Tourism of the Republic of South Africa, with the support of UNWTO, will host a Tourism Ministers' Meeting (T20) under the theme "Travel and tourism: stimuli for the global economy" from February 22-24, 2010 in Johannesburg. Tourism … February 9, 2010
Call to world leaders to include tourism sector in economic, stimulus actions

Call to world leaders to include tourism sector in economic, stimulus actions

The 18th session of the UNWTO General Assembly concluded with unanimous endorsement of a Roadmap for Recovery to mainstream travel and tourism into economic stimulus packages being considered by global leaders. It underscored the enormous importance of … October 8, 2009
International conference to call for information to support tourism enterprises at the regional level

International conference to call for information to support tourism enterprises at the regional level

Understanding the economic contribution of tourism at the regional level is essential for more efficient destination management and the effective positioning of tourism. The 1st International Conference on the Measurement and Economic Analysis of Regional … September 29, 2009
World Tourism in Face of the Global Economic Crisis and Influenza Threat

World Tourism in Face of the Global Economic Crisis and Influenza Threat

International tourism demand has deteriorated further due to the impact of the global economic recession. International tourist arrivals declined at a rate of 8 percent between January and February this year, leaving the overall volume at the same level … May 12, 2009
Russian MICE sector shows remarkable resilience to current economic situation

Russian MICE sector shows remarkable resilience to current economic situation

MOSCOW, Russia - The Moscow International MICE Forum attracted a record number of both participants and registered visitors. With 103 international MICE suppliers covering 49 countries, the event was truly international and, therefore, of great interest … April 14, 2009

Look forward to an economic spring!

The 1979 movie, “Being There,” starring Peter Sellers as a simple gardener who winds up being asked by the President of the United States to give advice on the declining economy, encapsulates more than a grain of truth. Sellers’ message was, the … April 13, 2009

Tourism: an engine for employment creation and economic stimulus

The tourism industry continues to be amongst the most dynamic economic sectors, generating a wide range of benefits including a growing contribution to GDP, in some cases over 10 percent, and substantial foreign exchange earnings. Tourism as a reliable … April 7, 2009

Hoteliers go back to basics during economic downturn

Hoteliers are increasingly looking for alternative marketing methods to boost sales during the economic downturn, according to London-based sales and marketing company, Great Hotels Organisation. During this period of financial uncertainty, hoteliers … April 6, 2009
European tourism active against the economic crisis

European tourism active against the economic crisis

Tourism is proving to be one of the most resilient sectors and can be a strategic vector in the way forward, as global economic conditions continue to deteriorate. This is among the main conclusions of UNWTO's European member states meeting held in Baku, … April 1, 2009
Economic downturn to create new winners and losers in travel

Economic downturn to create new winners and losers in travel

Internet bookings will surge. Demand for online virtual meetings will gather pace. Domestic travel will stay stable or grow, as will demand for low-cost flights. Destinations adjacent to big travel markets will do not so bad. Long-haul travel will fall … March 13, 2009
Tourism confronting the economic downturn

Tourism confronting the economic downturn

The tourism industry can play a relevant post-crisis role. The sector has been negatively affected by the economic downturn and in all likelihood will continue to be in the short to medium term. This is not, however, the first time that tourism has suffered … March 5, 2009
Economic slump derails America’s tourism boom

Economic slump derails America’s tourism boom

BERLIN (eTN) - The global economic recession arrived on the US tourism scene in September 2008 like an abrupt cold-weather front. The big chill will continue to bite at US outbound travel harder than inbound travel throughout 2009. These are the conclusions … February 11, 2009
WTTC president & CEO calls for supportive policy framework to address challenges of current downturn for travel and tourism

WTTC president & CEO calls for supportive policy framework to address challenges of current downturn for travel and tourism

LONDON, UK - President & CEO of the World Travel & Tourism Council (WTTC), Jean-Claude Baumgarten, today called on governments around the world to work in partnership with the private sector of travel and tourism for the long-term sustainability of the … November 13, 2008
Responding to economic downtown, UNWTO launches

Responding to economic downtown, UNWTO launches "Tourism Resilience Committee"

LONDON, UK – A new UNWTO Resilience Committee was announced at a Tourism Ministers Summit held to consider how to respond to the turbulent economy and stay on course with the climate and poverty agenda. Government and private sector representatives … November 12, 2008
Travel leaders to assess economic impacts at ITB Asia

Travel leaders to assess economic impacts at ITB Asia

SINGAPORE - ITB Asia will be the first opportunity for the travel industry in Asia to discuss impacts and response strategies to the global economic crisis. Leaders of some of the most powerful travel companies in the world will share their perspectives … October 20, 2008
Exploring the effects of the global economy on the future of the travel industry

Exploring the effects of the global economy on the future of the travel industry

The future of the global economy is a significant topic for debate and discussion at World Travel Market 2008 (WTM). Thursday, November 13 will play host to the WTM Global Economic Forum providing senior travel and tourism executives with an in-depth … September 17, 2008
Chinese online booking explosion hits RMB 18 billion

Chinese online booking explosion hits RMB 18 billion

Technological advancement and changes in consumer behavior have meant that the Chinese travel industry has taken huge economic strides recently. OTA’s, hotels and airlines have all benefited from an increase in online bookings from RMB 442 million in … August 1, 2008



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