The International Air Transport Association (IATA) released data for May 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPKs), was up 10.7% compared to May 2023. Total capacity, measured in available seat kilometers (ASK), was up 8.5% year-on-year. The May load factor was 83.4% (+1.7ppt compared to May 2023), a record high for May. International demand rose 14.6% compared to May 2023. Capacity was up 14.1% year-on-year and the load factor improved to 82.8% (+0.3ppt on May 2023). Domestic demand rose 4.7% compared to May 2023; capacity was up 0.1% year-on-year and the load factor was 84.5% (+3.8ppt compared to May 2023). “Strong demand for travel continues with airlines posting a 10.7% year-on-year increas...
Read MoreDay: July 3, 2024
UN Tourism will bring together sector leaders to emphasise the importance of collaboration to unlock investment and growth potential across the region and to amplify the voice of “Brand Africa”. The second edition of the Regional Conference on Brand Africa (Livingstone, Zambia, 22 July) will further advance UN Tourism’s work supporting its Members from across the region in setting the direction of travel for the years ahead. Alongside Member States, the conference will also feature the participation of Affiliate Members from civil society and business, as well as other private sector leaders. Promoting ‘Brand Africa’ ‘Promoting Africa to Unlock Tourism Investments and the Sector’s Growth Potential’, emphasises the importance of collaboration and innovation throughout th...
Read MoreAlso awarded the Leading Sports Tourism Destination at the World Travel Awards The Islands of The Bahamas has been named the Caribbean's Leading Luxury Island Destination 2024 and the Caribbean's Leading Sports Tourism Destination 2024 by the prestigious World Travel Awards. The esteemed awards are the hallmark of excellence across the travel, tourism, and hospitality industries. "It is quite an honour for The Bahamas to be recognised by the World Travel Awards in two categories that are near and dear to our hearts. These awards demonstrate the dedication of Team Tourism," said the Honourable I. Chester Cooper, Deputy Prime Minister and Minister of Tourism, Investments & Aviation for The Bahamas. "Travellers seeking luxury and sports adventures will find plenty to enjoy in the p...
Read MoreMarriott International launches extensive research among affluent travelers across six markets 68% spending more on leisure travel with 74% respondents planning an intra-regional holiday within Asia-Pacific (APAC) Australia is the top destination in next 12 months ahead of Japan, with 46% planning to visit Indian HNW are driving luxury travel with 89% Indians planning to spend more in next 12 months High-end gastronomy is the primary driver for luxury travel with 88% planning holidays around food Three new personas of luxury traveler defined As the Asia Pacific region continues to be the growth engine for luxury travel, a new comprehensive report from the Luxury Group by Marriott International has identified new expectations and travel preferences among hig...
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