The TRBusiness 60 second news update – 11 December – Video




The TRBusiness 60 second news update – 11 December Autogrill celebrates euro;7bn 26 airports' victory The Autogrill Group is expecting overall revenues of euro;7bn from Spanish concessions covering 26 airports and 80 points of sale to WDFG over the next seven years. Continue reading

Optimism for 2013 despite economic gloom

World travel and tourism will continue to grow next year despite the gloomy economic environment, according to leading international organisations and market researchers. Chinese tourists remain a growth driver. Foto: iStockphoto The World Tourism Organization (UNWTO) announced this week that international tourist arrivals grew by 4% to 705 million between January and August 2012 and confidently predicted that one billion international tourists will have travelled the world by the end of the year. Continue reading

Tourism in China contributes more to GDP than automotive manufacturing

14 September 2012 The Travel & Tourism industry in China is substantially bigger than automotive manufacturing and supports almost as many jobs as the mining sector. This is according to new research from the World Travel & Tourism Council (WTTC) sponsored by American Express, released today during a speech by WTTC’s President & CEO, David Scowsill, at the ‘International Tourism Industry Expo’ in Guangdong, China. Continue reading

Don’t over tax tourism – WTTC tells EU Finance Ministers

30 July 2012 The World Travel & Tourism Council (WTTC) has written to all 27 Finance Ministers in the European Union urging them to recognise the important role of the industry in stimulating economic growth and jobs, while avoiding unproductive knee-jerk tax hikes at a time of austerity. The letter, written by Dr Michael Frenzel, Chairman of the Executive Board, TUI AG and Chairman, WTTC and David Scowsill, President & CEO, WTTC, reminds Finance Ministers that Travel & Tourism is a key generator of employment across the European Union directly generating 10 million jobs across Europe, substantially more than the automotive manufacturing (3.2 million), mining (3.6 million) and financial services sectors (8.5 million). Continue reading

Major international hotel companies launch standardised approach to carbon measurement

The International Tourism Partnership (ITP) and the World Travel & Tourism Council (WTTC), in collaboration with 23 leading global hospitality companies, are today launching a methodology to calculate and communicate the carbon footprint of hotel stays and meetings in a consistent and transparent way. … Continue reading

Tourism in the UK contributes more to GDP than automotive manufacturing

The Travel & Tourism industry in the UK is nearly five times the size of automotive manufacturing and supports almost as many jobs as the financial sector.(PRWEB UK) 1 June 2012 This is according to new research from the World Travel & Tourism Council (WTTC) sponsored by American Express.The research, undertaken by Oxford Economics, shows that the sector’s direct contribution to the UK GDP is … Continue reading

Travel & Tourism in the Americas contributes more to GDP than automotive manufacturing

21 May 2012 The Travel & Tourism industry in the Americas region is three times the size of automotive manufacturing and roughly one-third larger than chemicals manufacturing and mining. This is according to new research from the World Travel & Tourism Council (WTTC) sponsored by American Express, launched on the first day of WTTC”s first Regional Summit of the Americas in the Riviera Maya, Mexico from 16-18 May. This is according to new research from the World Travel & Tourism Council (WTTC) sponsored by American Express, launched on the first day of WTTC”s first Regional Summit of the Americas in the Riviera Maya, Mexico from 16-18 May. Continue reading

President of Mexico, Felipe Calderón and Carlos Slim to speak at inaugural WTTC Americas Summit

7 May 2012 From May 16-18, 2012, key industry identities from the public and private sectors, NGOs and the media will convene for a unique networking forum. The event will be the first in a series of WTTC “Regional Summits,” and will explore commonalities as well as challenges throughout the travel and tourism industry in the Americas while identifying opportunities for growth and collaboration. Speakers will include Ministers of Tourism from around the world including Secretary Gloria Guevara of Mexico; US Deputy Secretary of State, Thomas Nides; Taleb Rifai, Secretary-General of the UN World Tourism Organization; executives from hotels, airlines, tour operators and travel agencies; and key opinion leaders from the media such as CBS Travel Editor Peter Greenberg Continue reading