B2B Travel Weekly News Channel. World Travel News in Tourism Industry

The emergence of social media sites which foster quick and updated information. It has become a part of every discretionary traveler since these sites are home to unlimited information. They show even more interest because of its accessibility. Even mobile booking has become easier with the addition of network capabilities in phones. It has become a common theme in executives, as well as the leisure travelers.

China is one of the biggest countries of self made millionaires and billionaires and it has managed a strong position on financial map of the world. The number of millionaire and billionaire has increased considerably and that has a positive impact on the luxury travel industry of China. Many of the rich people are taking trips around the world with better facilities. The demand for business class travel and costly destination with shopping opportunities has increased among the affluent class and at the same time they are demanding to stay in well known hotels with all sorts of modern facilities no matter what they cost.

The US Hotel industry started coming out of the grips of recession in 2010 but it was restricted to a few. However, it was only in 2011 that this began to spread to the whole of the lodging industry. The 2012 PKF Hospitality Research, LLC (PKF-HR) Trends revealed that 80.5 percent of the participants had an improvement in total revenue while only 72.3 percent actually had some growth in profits in the year 2011. The survey took into consideration data from about 7000 participants from all over the US. It studied NOI or net operating income of participating hotels after deducting rent, taxes, interest, depreciation, capital reserves and amortization.

It looks like Air Arabia is poised to have a good year this time. With quarterly revenues increasing by a margin not previously thought possible. The steep rise in profits was due to the increase in customers looking for low cost tickets. From the first quarter of 2012, profits rose by a margin of 11.7% and are looking to have a general trend in that direction.

Germany now faces a precarious situation. The fact that a new airport situated in Berlin will once again be delayed. Reports show that the cause of the delay was due to constant airport safety concerns. Adjustments are purportedly to be made, thus bumping the opening schedule to a June startup.

In 2008, when Europe was hit by the global economic crisis, European countries, especially France and Greece, realized that the only way to keep their domestic economy alive and employment numbers high was to lean on the tourism industry that would bring in the foreign currency and help keep their heads above water.

After spending almost all year busy trying to work to make ends meet, everyone needs to have that time off work to recuperate and get reinvigorated. This is when going on a holiday comes in handy. There are various destinations that people who like traveling for their holidays could visit around the world. One of the packages that one can consider when looking to go for vacation is holidays in Menorca. This is an island that is located in Spain off the coast of the Mediterranean Sea. There are various reasons as to why one would want to visit this island when they have the time to go on a holiday. The town can be accessed by using cruise ships which dock on the main harbor which is Mahon. One can then be able to access the town through the use of a route that passes through a hilly terrain into the town. There are several things that one can do during their visit to this island.

Air Mauritius will be expanding its flights from Cape Town to Mauritius. Flights to Mauritius, starting in November, will be increased from two to three times a week. Flights from Cape Town to Joburg will also be increased, but flights from Durban will be halted on October 26th. Unfortunately, Emirates will become the sole provider of overseas flights from Durban. Those who live in Durban will be inconvenienced, with flights typically having to change planes in Joburg.

Florence is without doubt a highlight on any Italian holiday. The city’s rich Renaissance heritage makes it a must-see for anyone interested in Italian art and culture. Sometimes, however, Florence can start to feel ever-so-slightly like an open-air museum. Once you’ve ticked off the imposing David, the beautiful Santa Maria Novella and the historic Ponte Vecchio, you might want to get out of the city to appreciate one of Italy’s most beautiful regions: Tuscany.

US plane manufacturer giant Boeing has set its eyes on getting buyers for long range airplanes from Airbus. Boeing has already committed itself in a deal that will see it acquire 50 percent of China Eastern's fleet which consists of ten Airbus planes (A340). This is part of a deal that involves the sale of twenty Boeing 777 planes to China Eastern airlines. The deal is said to be worth six billion dollars. The Chinese market is so attractive that no company can afford to miss out on.