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Study: Every $1 spent on business travel returns $1.15 to U.S. economy - 0 views

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    THE BUSINESS TRAVEL resurgence in the U.S. significantly impacted the economy in 2022, with every $1 spent returning $1.15 to the U.S. GDP, according to the Global Business Travel Association. The industry also contributed $484 billion to the U.S. GDP in the same year and the association forecasts a further increase in business travel spending for 2024. The study, titled "GBTA U.S. Economic Impact Study: Business Travel's Impact on Jobs and the U.S. Economy," revealed that for every 1 percent growth in business travel, the U.S. economy gains nearly 60,000 jobs, $2.9 billion in wages, $1.2 billion in tax revenue and $4.8 billion in new GDP. "The data shows that business travel is a substantial contributor to the health of the U.S. economy, and therefore also a key driver for the global economy," said Suzanne Neufang, GBTA's CEO. "Business travel supports millions of jobs and delivers billions in tax revenue, which is why it is important for policymakers to consider the impact on the industry when devising economic policies - and for sustainable solutions to be prioritized, funded and developed to help us abate travel's hardest-to-abate sectors."
asianhospitality

Anand named chairman of Tricone's advisory board - Asian Hospitality - 0 views

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    Nakul Anand, former executive director of ITC Hotels, has been named chairman of the advisory board for Tricone Luxury Hotels, a subsidiary of U.S.-based Tricone Engineers. Anand brings four decades of hospitality experience. He will oversee the company's continued growth in India, Tricone said in a statement. "We are thrilled to welcome Nakul Anand to our team," Alok Aggarwal, Tricon Luxury Hotels' CEO, said in an article on ANI. "His unparalleled expertise in the hospitality industry will be instrumental in shaping our company's vision and integrating sophisticated hospitality services and sustainability initiatives into our hotels and real estate projects." Tricone Luxury Hotels recently executed memorandums of understanding with Indian hotel brands and acquired land for a real estate project in Alibaug near Mumbai, which will be marketed soon. The company is set to launch luxury hotels and hospitality-oriented real estate projects in Alibaug.
asianhospitality

Vision debuts Home2 Suites in Chattanooga, TN - 0 views

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    Home2 Suites by Hilton is now open in Chattanooga/East Ridge, Tennessee. The 101-room, four-story hotel is owned by Vision Hospitality Group, led by President and CEO Mitch Patel. This is Vision Hospitality's second hotel opening this year. Construction of the hotel began in February 2023 and was completed in just over a year in collaboration with Wolftever Development, Vision Hospitality said in a statement. The hotel is located next to the company's Hampton Inn in a mixed-use area of East Ridge. "We are proud to continue our partnership with Hilton and broaden our presence in the East Ridge area by launching this Home2 Suites by Hilton," said Patel. "East Ridge continues to see significant growth with new developments, which creates a demand for quality accommodations. We are pleased to meet this need."
asianhospitality

Jordan promoted to Red Roof VP of marketing - 0 views

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    Lisa Jordan is the new vice president of marketing at Red Roof. She will lead the development and execution of the company's marketing and digital strategies to drive business growth. Jordan joined the company in 2021 and led the integrated digital marketing team, working on the company's web, advertising, and social media platforms. Jordan played a role in enhancing redroof.com and collaborated across communication, sales, revenue management, and operations to elevate the customer experience and boost revenue, Red Roof said in a statement. "Lisa is a powerful asset on our leadership team and a secret weapon in our marketing mix," said Marina MacDonald, Red Roof's chief marketing officer. "Her promotion is right for the company and a reflection of the value she brings to this critical function, and I know that she will succeed in her new role."
asianhospitality

Knowland unveils tool for hotels with limited meeting space | USA 2024 - 0 views

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    KNOWLAND RECENTLY LAUNCHED Knowland Select, a tool designed for hotels with limited meeting space. Knowland Select subscribers will receive a curated list of target accounts for upcoming need periods directly to the seller's inbox. The general market release of the product is scheduled for later this summer, Knowland said in a statement. "Knowland Select empowers limited service hotels, hardest hit by the recent travel slowdown, with automated prospecting," said Jeff Bzdawka, Knowland's CEO. "It streamlines prospecting for the segment's diverse hotel teams by directly delivering qualified accounts and contacts to the seller's inbox, boosting productivity and group business growth. Importantly, Knowland Select expands our suite of platform offerings to provide valuable sales intelligence solutions for all hotel sizes and chain scales in a portfolio. And with its accessible price point, it lowers the barrier to entry for automated prospecting at scale and helps hotels unlock a clear return on investment."
asianhospitality

U.S. Hotel Construction Soars to 16-Month High | CoStar Report Insights - 0 views

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    THE NUMBER OF U.S. hotel rooms under construction in June reached its highest level in 16 months, according to CoStar. The construction volume increased year-over-year for four consecutive months, with upscale and upper midscale segments dominating pipeline activity. "The number of rooms in construction has grown year-over-year for four consecutive months," said Isaac Collazo, STR's vice president, analytics. "While upscale and upper midscale continue to dominate, accounting for about 50 percent of all rooms in the final phase of the pipeline, the pace of activity in these segments has slowed compared to last year. Midscale and economy have shown the most growth, up 42 percent and 34 percent, respectively, with newer brands and extended-stay accounting for most of the new construction across the midscale segment." Approximately 157,713 rooms were under construction in June, up 5.5 percent from the same month last year. Additionally, 266,619 rooms were in the final planning phase, a 9.8 percent increase from June 2023. The planning stage saw 333,827 rooms, a rise of 38.7 percent compared to the previous year.
Holiday Mood

Johannesburg the Sun and Gold City of South Africa - 0 views

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    Johannesburg, a very important city in South Africa in terms of population wealth and Developments once was a city visited by many in search of Gold reef and in search of work growth and developments.Flights4johannesburg is a travel company which specializes in travel Flights And Packages To Johannesburg.
Rishika Tiwari

Admirable Hotels near Noida & Greater Noida - 0 views

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    Noida, one of the greatest planned industrial townships has raised its height to a complete transformation in last few years. It's no more a stereotype industrial sector, but has become an epitome of India's growth, works as an economic superpower. Excellent road networks and civic infrastructure has made Noida a perfect place to stay.
swayam robert

KBR National Park Hyderabad Tourism, Travelling guide, Tourist places near KBR National... - 0 views

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    Details : Hyderabad is a city that has seen a surge of progress and growth in the past ten or so years. Thanks in part to the decision of the Andhra Pradesh government to make Hyderabad the next cybercity of the new millennium, Hyderabad has become a progressive jungle of concrete and steel, steadily climbing the ladder of global recognition.
india tours

India Tours and Travel: Expedia to imprison better tart of India travel market - 0 views

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    India Travel airline business could also be struggling stay} afloat nevertheless on-line flight bookings remain a lucrative growth chance, a minimum of for the foreign companies. The US-based Expedia that entered Indian market in early 2008 has chalked out plans to capture a bigger pie of the country's $22 billion (Rs 113,000 crore) travel market.
india tours

India Tours and Travel: India Tours likely to have around 1,747 million travelers by 20... - 0 views

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    India Tours - Going by the double-digit growth of the travel industry , India is expected to have around 1,747 million travelers by 2021, which would require 1, 88,500 additional hotel rooms, according to a recent study.
rubytaylor321

Travel and Tourism in Brazil to 2017 - 1 views

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    Inbound tourism in Brazil recovered following a brief decline due to the financial crisis in 2009. Domestic and outbound tourism registered steady growth during the review period (2008?2012) and had a positive impact on the country's economy.
Pooja Shree

Ways to Avoid Unnecessary Hassles at the Airport after Booking a Flight Ticket - 0 views

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    The growing popularity of air travel in recent years has significantly increased the number of fliers worldwide. Cheap air tickets, easy accessibility and world-class services by various carriers are some of the key reasons for the tremendous growth of the aviation sector.
Pooja Shree

Book Air Tickets to Mumbai with AirAsia - 0 views

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    The onset of low-cost carriers (LCCs) has toppled the equations of the Indian aviation industry. It has grown significantly in the last few years and as per global reports, it is one of the countries having a tremendous scope of growth. Asian and Middle Eastern countries have the potential to emerge as the largest passenger base for various carriers.
Pooja Shree

Booking Cheap Air Tickets for First-time Fliers - 0 views

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    The number of fliers, across the globe, has increased significantly in the past few decades. Implementation of new technologies, upgraded safety standards and improved accessibility along with the availability of cheap air tickets are some of the important reasons behind this growth.
Alex Parker

The top ten busiest airports - 1 views

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    The global economic downturn has slowed growth at major airports in the US and Europe, paving the way for more Asian and Middle Eastern airports to break into the top ten for passenger traffic levels. Based on passenger traffic stats for the first five months of 2012, airport-technology.com presents the ten busiest airports in the world.
Alex Parker

Clark International Airport - 1 views

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    Previously known as Diosdado Macapagal International Airport. It is the fastest growing airport in the Philippines with a recorded 71% growth in passenger traffic from 2011 to 2012.
Pooja Shree

Flight Ticket Booking Tips - 0 views

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    The global aviation industry has undergone significant changes in the past few decades, resulting into a better and organised sector. It is emerging as one of the most vital parts of the overall global economic growth, as multi-national companies are expanding their business in different parts of the world.
john mary

Vitamin And Minerals In Food - 0 views

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    Healthful diets support your development and growth. Most of the minerals and vitamins your body requires range from foods you consume.
rakhionline1

Apply for your Australia Immigration now! - 0 views

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    According to the Australian Bureau of Statistics, the net oversees migration has seen the fastest growth in the last previous four years. With Australia's population standing at 24,772,437, the 25 million milestone is not far and will be achieved in 2018.
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