The U.S.’ four-year slide in global market share of international travel shows no signs of abating, according to forecast figures from U.S. Travel, a non-profit organization that represents the travel industry. From a peak of 13.7 percent in 2015, market share was 11.7 percent in 2018. U.S. Travel forecasts that the number will dip below 11 percent in 2022, a decline they described as “steep and steady.” If current trends continue, the estimated cost to the U.S. economy by 2022 will be a loss of 41 million visitors, $180 billion in international traveler spending, and 266,000 jobs. Reasons for the decline are…
Author: holidayweekly
KARACHI: The International Hospitality Investment Group (IHIG), with their vision for developing tourism industry of Pakistan, has now brought Global Resort Exchange (GRE) to operate from Pakistan. This comes after IHIG launched their vacation owner system called happily just three months ago. GRE is a United States-based company. It is the first ever vacation exchange company to operate in Pakistan. It is a wholly owned subsidiary of IHIG – United Kingdom. IHIG–UK has two arms; vacation ownership and discount booking engine. The Company makes it easy for members to spend vacation time with the flexibility to choose on how and…
LONDON: Just after the election process at the World Tourism Organization (UNWTO) for the period 2019-2021, Daniela Otero, CEO of the organization Skål International, has been elected to the UNWTO Affiliate Members Board, a position that she will hold for the next two years, time that Skål International will be represented and serve on UNWTO Affiliate Members Board at the global level. “We are very pleased with the outcome and I would like to thank the institutions that makeup UNWTO Affiliate Members for their votes. The long history of Skål International and the strength that our membership in the business…
GENEVA: Airlines around the world carried 4.4 billion passengers on scheduled services in 2018, an increase of 6.9 per cent over 2017, representing an additional 284 million trips by air, according to figures released by the International Air Transport Association (IATA). The report also showcased the top five airlines ranked by total scheduled passenger-kilometres flown. American Airlines topped this list with 330.6 billion, with Delta Airlines coming slightly behind with 330 billion and United Airlines standing in third place with 329.6 billion. Rounding out the list, Emirates flew 302.3 billion passengers with Southwest Airlines coming in at 214.6 billion. Showing…
PESHAWAR: The foreign and domestic tourists and the local people are impatiently waiting for the three-day Uchao, or Uchal Festival to be held in Bamburet of Kalash valley in Chitral district from August 20 to 22. The Uchao Festival is one of the cultural festivals celebrated by Kalasha tribe like many other festivals around the year. Before Uchao, the Kalash tribe also performs Ranat dance in the month of July after the harvesting the maize crop. The Uchao Festival continues for many more days moving on to different locations within the valley. However, the mega event of Uchao festival is…
WASHINGTON: Emirates first Boeing 777X, with its revolutionary folding wingtips, has moved out of the Everett factory to the flight line, said a report. The plane is part of an order for 150 Boeing 777Xs, valued at $76 billion – placed in 2013, which includes 35 Boeing 777-8s and 115 Boeing 777-9s, said a report in Airlines Rating. The new Boeing 777X will be the world’s largest and most efficient twin-engine jet. With new breakthroughs in aerodynamics and engines, the 777X will deliver 10 per cent lower fuel use and emissions and 10 per cent lower operating costs than the…
KARACHI: There is Good news for all the Golootlo users and Avari Hotel’s customers. Avari Hotel’s and GoLootlo has signed a MoU. As per MOU, exclusive deals will be offered to the customers to pick and choose from. Special discounts will be created to cater the needs of the Golootlo customers visiting Avari Hotels. The offer can be availed through Golootlo App, Golootlo Powered by Union Pay and Co-Badged Pay Pak Union Pay Debit Cards issued by the partner banks across Pakistan. The MOU was signed by Mr. Rogier M. Hurkman, Vice President Operations Avari Hotel’s and by Mr. FahadMahmood,…
PARIS: Air France-KLM Group has signed a memorandum of understanding for 60 Airbus A220-300 aircraft to modernise its fleet. The planes are intended to be operated by Air France and will replace the outgoing fleet of Airbus A318 and Airbus A319 planes, of which Air France has a total of 51. “The acquisition of these brand new A220-300s aligns perfectly with Air France-KLM’s overall fleet modernisation and harmonisation strategy,” said Benjamin Smith, Chief Executive of the Air France-KLM Group. “This aircraft demonstrates optimum operational and economic efficiency and enables us to further improve our environment footprint thanks to the A220’s…
KARACHI: Last week Landmark Communications (Pvt.) Ltd, Sindh Tourism Development Corporation (STDC) and Sindh Board of Investment jointly organized a meeting regarding the investment opportunities in tourism sector of Sindh and promotion of tourism in the province. The meeting was chaired by Mr. Ahsan Ali Mangi, Secretary Investment Sindh and attended by leading travel trade personalities. The seniors of travel trade discussed with the government official the possibilities of public-private partnership in different tourism oriented projects in Sindh and explored the opportunities to give boost to Sindh tourism through this cooperation. Secretary Investment, Mr. Ahsan Ali Mangi said that the…
WRITTEN BY CH. FAISAL MAHMOOD There was a time not too long ago when it was unbecoming of a diplomat to even mention matters of commerce in his host country; now diplomacy and diplomats are promoting their countries’ tourism, culture & commerce – and very rightly so. Particularly tourism of their counties, last week two important event were organized in the city by the Consul Generals of two friendly countries. The events were true reflection of their Culture, food, traditions and projected both the countries as best tourism destinations. Our readers would have noted the promotional activities, which our guest…