Topic: Travel and Tourism Sector
Doubts persist as US readies tourism push
AFP Global Edition
As the United States gears up for a 100-million-dollar effort to boost tourism, doubts remain whether the initiative can live up to its promise and overcome a tarnished US image abroad. A law signed March 4 by President Barack Obama creates a Corporation for Travel Promotion, modeled after tourism boards ...
Moody's may cut Hyatt senior unsecured rating
AP News
Moody's may cut Hyatt Hotels senior unsecured rating; worried about profit declinesMoody's Investors Service said Wednesday that it may cut Hyatt Hotel Corp.'s senior unsecured rating, citing profit declines and concerns over soft demand. The lodging sector has struggled during the recession as leisure and business travelers ...
ITB - International Tourism Fair
Getty Images
Tourism eyes sunnier days as world's top fair opens
AFP Global Edition
The world's largest tourism fair, the ITB, kicked off Wednesday in Berlin with the global travel industry hoping for better times following a crisis-hit 2009. According to United Nations figures, international tourist arrivals fell by four percent in 2009 and earnings from international tourism dropped by six percent as ...
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