Travel as a Competitive Advantage

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traveldailynews.com
21/2/2011

New research conducted by American Express Global Business Travel and the GBTA Foundation (Global Business Travel Association) benchmarks the travel spending businesses require to help support their growth. It further explores the change in this suggested optimal spending level depending on the economic conditions and business characteristics, including industry.

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European Players Unite to Challenge Global OTA Dominance

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By Carroll Rheem | PhoCusWright Inc.
hotelnewsresource.com
14/2/2011

France and Spain may not inspire the world as hotbeds of travel e-commerce innovation, but they have nurtured the growth of two leading online travel agencies (OTAs) - GO Voyages and eDreams. According to PhoCusWright's European Online Travel Overview Sixth Edition, GO Voyages is neck and neck with Priceline's Booking.com for the top spot in France and eDreams is the largest OTA in Spain. These two local heroes are now likely to join forces as their owners partner to acquire Opodo.

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Industry Expects 800 Million More Travelers by 2014, China Biggest Contributor

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hotelnewsresource.com
14/2/2011

The industry consensus forecast released by the International Air Transport Association (IATA) indicates that by 2014 there will be 3.3 billion air travelers, up by 800 million from the 2.5 billion in 2009. By 2014 international aviation will handle 38 million tonnes of air cargo, up 12.5 million tonnes from the 26 million tonnes carried in 2009.

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Travelocity Releases 2011 "Traveler Confidence Report"

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ehotelier.com
11/2/2011

Travelocity's annual "Traveler Confidence Report" reveals a vast majority (89 percent) will spend as much or more on travel in 2011 as they did in 2010. The survey of more than 1,400 Americans also found 95 percent of respondents will travel as much or more in the coming year. In addition, the number of respondents who said they will spend $2,000 or more on travel in 2011 has risen to 26 percent, up from 20 percent in 2010.

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Asia Sets to Asume Global Travel Leadership Role

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4hoteliers.com
11/2/2011

Asia is growing to become the top travel region in the world, as soon as 2015 in some travel categories

After a strong showing in 2010, Asia is on target to take its spot as the largest region in terms of air transport, travel destination, business travel, utilisation of ancillary revenue models and mobile usage.

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