Posts Tagged ‘economy’

New York and London reach tourism agreement

Thursday, September 17th, 2009

A new agreement has been reached between New York and London in order to boost travel between the two cities.

The arrangement will also see both cities providing each other with advertising space and sharing new ideas.

London Mayor Boris Johnson made the announcement during his trip to New York and said that both cities were in a good position to be able to exchange combined knowledge.

Johnson has been attending events in New York to promote London’s economy.

One of the promotions includes the launch of a British Airways campaign at JFK International Airport highlighting business travel and attending an ‘Only in London’ event at Time Square.

He will also be promoting the 2012 Olympic Games at a ‘Think London’ Reception.

Johnson said that the two cities shared many similarities including a strong sense of optimism and determination, along with a great appreciation for diversity and innovation.

He concluded by saying that the common ties and dedication between the two cities provided a world-class service and experience for both residents and visitors, making them well poised combine knowledge and resources to impact the future of the cities.

Australian travel websites scrap booking fees

Monday, September 7th, 2009

Travel agents in Australia are facing further competition as online booking sites have drop booking fees of up to $50.

Online booking sites including Expedia and ZUJI Australia both removed the fees on all flights.

Expedia has announced that fees will be dropped for a six week period and expressed that it could make the change permanent if one million people visited their website by October 18.

ZUJI Australia said customers will pay the cost of the flight without any further travel agency booking fees.

Expedia has already scrapped booking fees on its US and Canadian websites, with marketing manager Louise Crompton saying that it was time for Australians to enjoy the same benefit.

ZUJI Australia’s general manager, Peter Smith, said the removal of booking fees is a turning point for the industry and a vote of confidence for the Australian economy.

He believes that charging booking fees for online transactions is now outdated and is unfair to travellers given the tough economic times.

Paris sees decline in tourist numbers

Friday, August 28th, 2009

Paris is hoping to boost tourist numbers by allowing more shops to open on Sundays, in order to boost tourism revenues that have been affected by the financial downturn.

The city registered a 11.1 percent drop in foreign tourist numbers in the first half of this year compared to the same time last year, according to figures released on Wednesday.

The largest number of foreigners to visit Paris, Americans, has dived over the past year due to the US economic troubles and the high value of the euro, but has picked up again in the second quarter of this year.

Director of the Paris Tourism Office, Paul Roll said the city is “counting on the Americans” in order to maintain tourist revenues and to compensate for the drop in foreign tourists.

He added that America’s economy was hit hard and early by the financial crisis but is expected to emerge quicker, while other economies were later to experience the slump.

The problems with the British economy have also affected cross-Channel travel, as the number of British visitors fell by 23.4 percent in the first half of this year.

Asian tourist numbers also dropped with Japanese visitors falling by 25 percent and Chinese by 17.3 percent.

Overall, the number of travellers to the French capital fell by 7.5 percent to 15.9 million in the first 6 months of this year, the tourism office said, but couldn’t provide figures on overall tourism revenues.

Roll also said that he hopes a new law to allow an increase in the number of shops to open on Sundays could help bring more tourists to France over a full weekend.  Currently shops are closed in France on Sundays.

The tourism authority forecasts a decline of about six percent of tourists visiting Paris in 2009, including French visitors.

Thanks to AP.  For more information on this article visit their website.

Europcar release new car hire guide

Monday, August 24th, 2009

One of the UK’s largest car rental companies, Europcar, has released a new guide to car hire which will be given to every customer at the commencement of their car hire.

The guide will be called “Your Guide to a Smooth Journey” will feature information to make car hire more enjoyable such as tips on fuel economy, keeping the kids busy and useful contact numbers.

Marketing director for Europcar, Catriona Lougher said that Europcar had invested a lot of time into creating the guide.

“This may seem a simple step to take but we have invested a lot of time and research into getting this guide exactly right for our customers” she said.

She went on to say that the guide will also dispel some of this uncertainties and mistrust that has surrounded car hire.

The guide, to be released in time for the summer peak period, is the latest in a series of innovations in the car hire industry, having previously launched a free delivery and collection of vehicles and the introduction of ‘Hire Rewards’, Europcar’s new loyalty programme.

Catriona Lougher added “Some customers hire from us once a year, some once a month and the reasons for hiring vary so we needed to ensure the guide would be helpful on a number of levels”

She said that the main goal of the guide is to keep things simple and to make the journey as smooth as possible for Europcar customers.

Thanks to Europcar for the above quotes.  For more information visit Europcar.co.uk

Europcar to show green ratings

Wednesday, August 19th, 2009

UK car rental giant, Europcar, will now provide “green” minded customers the opportunity to research  their rental car’s emission ratings by visiting a new feature on the company’s website.

The website feature will allow customers to find out information such as vehicle emission ratings and fuel efficiency, as petrol prices climb and driving across the UK becomes more expensive.

The website says economy sized three door hatchbacks are the most economical cars to hire, and more likely to have the lowest emissions ratings with an estimate of 130 grams. Models available include the Ford Ka, which is a fuel efficient, ‘green’ option when renting a car, whereas larger, more expensive models available for hire such as Volvo and Saab have a higher carbon emissions rating and also receive less mileage on fuel efficiency.

Catriona Lougher, marketing director for Europcar said: “With cost cutting at the top of the Agenda for many UK households and businesses, using cars that are more fuel efficient has got to be a key priority. This initiative is in keeping with Europcar’s Environmental Charter and means our customers can make more informed choices about the vehicles they rent and, as a result, help them reduce fuel consumption and contribute to an overall reduction in CO2 emissions.”

Thanks to Europcar for the above quotes.  For more information visit their website.

Corporate travel to decline by 15%

Wednesday, August 5th, 2009

Business travel in the US is likely to drop by 15% this year amid declines in demand and revenue, a report from PhoCusWrite has shown.

The report has found what it calls “fundamental shifts that will change the business travel landscape over the next three years.”

“Recessionary trends are driving a steep contraction in business travel in 2009, resulting in a 15% decline in the US corporate travel market to US$85bn,” the company said.

“While corporate travel has historically comprised approximately 40% of the total travel market, this share will decrease as the fall-off in corporate travel demand far outpaces the decline in leisure/unmanaged business travel.”

The share of corporate travel in the US will also drop markedly, from 39% in 2007 to 35% in 2010.

With the current economic situation, companies are tightening their belts on business travel, with many opting to not fly premium class, and to fly economy instead.

“Sharply curtailed corporate travel budgets will mean not only less travel in 2009, but stricter policies and tougher policing when spending does occur.”

But Ms Steinbrink said the recession would drive innovation as corporate and travel management companies (TMCs) improve travel programs.

More spend management, better travel value integration and new technologies “would bolster the bottom line,” she said.

Thanks to abtn.co.uk for the above quotes.  For more information visit their website.