The stock exchange day reports today: In the event of a global pandemic of the corona virus that has just appeared in China, the experts at Oxford Economics expect the global economy to suffer trillions of dollars. Global gross domestic product would cost up to $ 1.1 trillion to spread the virus in this way, as the more serious of two elaborated economic damage scenarios revealed further virus spread.→ read more...
The Steigenberger Grandhotel Petersberg was the perfect setting for the jury for the 20-int. Tourism Film-Print-Multimedia competition ” The Golden Citygate”, which will be awarded during the ITB-Berlin in Berlin. Jury President Wolfgang Jo Huschert: “This year we have an extraordinary number of excellently made films with us.”
32 jury members from Munich, Berlin, Frankfurt, Cologne, Hamburg and Vienna traveled to evaluate the submitted films from all over the world.
ITB China 2020 will be postponed due to the spread of COVID-19. New show dates will be further announced by the organisers. The ITB China organisers have announced to postpone ITB China 2020, originally scheduled to be held on 13 – 15 May at Shanghai World Expo Exhibition and Convention Center. The deferred show dates will be further announced by the show organisers.→ read more...
says GlobalData. Following the news that the impact of coronavirus on Southeast Asian (SEA) tourism industry could result in a significant hit;
Animesh Kumar, Director of Automotive and Travel & Tourism Consulting at GlobalData, a leading research and consulting company, offers his view:
“While the impact of Wuhan coronavirus outbreak is being felt by several countries across the globe, it is likely to be severe in case of tourism-dependent countries across Southeast Asia. China outbound tourism is significant contributor to the global tourism industry. According to GlobalData, China accounted for about 12% (159 million) of the global outbound travellers in 2019. Moreover, the Chinese outbound market had the second highest spending in 2019, with an expenditure of US$275bn. The key destinations for China outbound travellers are Hong Kong, Macau, Thailand, Japan, South Korea, Vietnam, Singapore, Malaysia, Cambodia, Taiwan, the US and France.
The premier beach resort brand expands its footprint with planned purchase
of the oceanfront Sheraton Kona Resort & Spa at Keauhou Bay. Outrigger Hospitality Group announced today that it has signed a purchase and sale agreement to acquire ownership of Sheraton Kona Resort & Spa at Keauhou Bay, a 509-room property in a prime oceanfront location on the Island of Hawaii. The transaction is expected to close in mid-April 2020, at which time the property will be rebranded as an Outrigger Resort.
Today, Belgrade Fair has announced the program of its forthcoming 42nd Belgrade International Tourism Fair complete with its accompanying events.
Speakers at the conference were: CEO to Belgrade Fair Danka Selic, HE. Amr Aljuwaily, Ambassador of the Arab Republic of Egypt to Serbia, State Secretary at the Ministry of Trade, Tourism and Telecommunications of the Republic of Serbia Miroslav Knezevic, and Tourism Fair Project Coordinator Dragan Zecevic.