Reports

MKG’s Ranking Of The Top 10 Groups Worldwide | Ranking Positions Haven’t Changed Much… But Supply Is In Full Growth!

The 2006 edition of the ranking of the top 10 hotel groups worldwide marks a turnaround in the development of the supply of the biggest hotel companies. While the top 10 groups showed 1.2% growth in their supplies at the beginning of 2005, this growth is up by 6.9% at the beginning of 2006. After several years of moderation, the giants of the hotel industry worldwide (68% of hotel chains worldwide last year) have shifted into high gear…. In fact of the 10 top groups worldwide, 7 show development in their supply by more than 10,000 rooms !

Travel And Hospitality Industry Set To Tap Into Asia’s US$4 Billion Medical Tourism Market | Abacus Reports

Asia’s burgeoning medical tourism industry, expected to be worth at least US$4 billion by 2012, is proving a windfall for the travel and hospitality sector. Abacus International President and CEO Don Birch says, “The lure of low-cost, high quality healthcare in Asia is estimated to be attracting more than 1.3 million tourists a year to the key locations – Thailand, Singapore, India, South Korea and Malaysia.” “This is a new breed of travellers. They have particular needs, they are going to these locations for a specific reason, and reports are showing that their daily spend is more than double that of other tourists.” Government research on this rapidly-growing business shows a medical tourist spends average US$362 a day, compared with the average traveller’s spend of US$144.

Parisian Hotel Industry: The Business Clientele Sustains The Activity During The Period Of The Strike Over Youth Jobs Law | MKG Reports

The current tense social climate that reigns in France has not had any impact on the results of the hotel industry . Better: the occupancy rate of the Parisian hotels progressed in a spectacular manner the day before and during the strike and massive demonstrations against the “First job contract” (CPE) that took place on the 28th of March.

Americans Are Influenced By Official Tourism Websites To Visit Destinations | UDSM Survey Shows

According to a survey of visitors to 11 destination Web sites operated by official tourism offices, an average 55 percent subsequently visited the destinations in 2005 and during their stay spent an estimated $9 billion on lodging, dining, shopping, entertainment and transportation.

Asia Pacific Travel Predictions for 2006 | Abacus Reports

Don Birch, President and CEO of Abacus International, Asia Pacific's leading travel facilitator, recently shared his key predictions for Asia Pacific travel in the year ahead. 'The growing number of travellers is fast changing the travel landscape in Asia. Their needs are becoming more complex and demanding. For example, mass travellers prefer the traditional travel agent service, competitive pricing and travel more often; while on the other end, the elite travellers seek authentic experiences and customized itineraries,' Mr Birch predicted.