HERITAGE: Eastern Europe – The Unknown World
PROFESSIONAL: MICE Industry Heading to…
TRANSPORT: Global Aviation Trends
SPA: Wellness Close to Nature
DESTINATION: Sicily – Erupting with History
Chinese cross-border tourists spent about $128.7 billion during their overseas stays in 2013, a 27% from the previous year. In about two years, Chinese travelers could be spending about $194 billion a year abroad. That figure demonstrates the growing economic power of China’s middle class.
The World Cup of 2014, held in Brazil, was the much needed positive publicity for the country, which had a tarnished reputation due to the various internal problems. Brazil is presently dealing with a recession as well as inflation rates of 6.5 percent.
Mobile technology impact has echoed across advertising, e-commerce and software applications development industries for years. A study by Expedia however reveals that the global tourism and hospitality industry hasn’t been left behind either. According to the report, 97 percent of business travelers carry at least one communication device.
The untroubled Gulf State of Oman has traditionally relied on oil revenues but now the country is keen on making tourism a key sector of the economy. With an aim to boost tourism sector new conference centers, world class hotels and airports are being built as the government looks to rely less on oil revenues.
In recent years, a federal target program has been allocated substantial funds by the Russian Government. The name of the program is "Development of Domestic and Entry Tourism in the Russian Federation (2011-2018)". The tourists cluster in the Northern Caucasus is among the largest state initiatives.
According to the International Centre for Studies on Tourism Economics (CISET), there are good prospects for incoming and outgoing tourism to Italy in the next two-year period.
The disappearance of 43 students of the Ayotzinapa Teachers’ College coupled with student protests and marches have caused Mexican port of Acapulco to lose its tourism appeal.
Personalized content is what the internet is made of, whether it is a recommendation for a YouTube video or Google search. The same goes for E-Commerce websites when they display products that the consumer has either purchased in the past or is presently looking for. But the price quotes of the products have been a matter of debate lately and further studies suggest that price discrimination on E-Commerce websites is much more widespread than thought of before.
Number of Chinese outbound travelers have been increasing dramatically. It is hardly believable, but in 2004 there were about 29 million outbound travelers from China. Today the total number of Chinese outbound tourists reached 54.1 million …in the first half of 2014 only. Chinese oversea traveling is expected to grow by about 18.2% this year and will be above 116 million person/trips.