By 2030, climate change and a lack of airport capacity will mean that one flight in two will risk delays or cancellation at highly-congested airports, according to a new EUROCONTROL report. The study, Challenges of Growth, finds that even taking the economic downturn into account, demand for flights in Europe will rise from 10 million today to 20.4 million in 2030.
Wayne Cummings, president of the Jamaica Hotel and Tourist Association (JHTA), has said that there are early signs that tourism may slide in the year ahead. He says the industry is already seeing a 30 percent decline in forward bookings for the first quarter of 2009.
Hawaii’s 2009 visitor arrivals are expected to drop 1.9 percent, to 6.73 million, following a forecasted 10.1 percent fall in 2008, according to the state’s Department of Business, Economic Development and Tourism.
Hawaii’s 2009 visitor arrivals are expected to drop 1.9 percent, to 6.73 million, following a forecasted 10.1 percent fall in 2008, according to the state’s Department of Business, Economic Development and Tourism.
As the market recovers poise in the upcoming years, growing popularity of mass entertainment, and the tendency of families to spend a large portion of their discretionary free time on outdoor fun will continue to drive growth.
Deteriorating demand and yield pressure will offset any potential gains for cruise lines from declining fuel prices, according to a report by investment firm William Blair & Co.