All posts tagged Economy

View of Birmingham city centre and the Radisson Hotel

Financial climate forces hotel rates down in UK

A global report has revealed that hotel prices in the UK are stagnating. The research suggests that the cost of a nights stay in a major city hotel can show the country’s economic health. Growing economies such as Brazil, Russia, …

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Air tax

Air tax damaging to the UK economy

Removing Air Passenger Duty would result in an additional 91,000 British jobs being created and £4.2 billion added to the economy in 12 months, it has been revealed. The

Popular tourist spots in the UK include The Tower of London

Travel and tourism to boost UK economy in 2012

The UK will be increasingly reliant on travel and tourism in 2012 as jobs and economic growth in the sector outstrip the wider economy. According to a report released

Thomas Cook in crisis

Financial crisis for tour operator Thomas Cook

British tour operator Thomas Cook is struggling for survival after the number of bookings had fallen and fears the company are having difficultly repaying

International tourism sees growth

Healthy growth of international tourism in first half of 2011

International tourism grew by almost 5% in the first half of 2011, totalling a new record of 440 million arrivals. Results confirm that, in spite of multiple challenges,

As UK Travel Companies Close, High-End Operators Take Their Place

The collapse of travel firm Sun 4 U  has raised questions for thousands of British holidayers. With over one-thousand travellers facing extra fees and accommodation expenses due to

Could Travel Bridge Vietnam’s Economic Gaps with the West?

Over the last decade, Vietnam has emerged as one of Asia's most accessible and exciting travel and leisure destinations. It's an unusual development, particularly as the country was

Could Travel Company Bankruptcy Ruin Britain’s Holiday Season?

With the holiday season fast approaching, thousands of Britons are planning getaways to various overseas locales. Traditionally, British families have opted to use a travel agent to book

Has Shanghai’s Rapid Development Hurt Traditional Tourist Sites?

Just twenty years ago, Shanghai's bustling central business district was made up of small processing plants and farming communities. Today, Pudong is home to some of the world's