Impressive tourism recovery in Europe

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eturbonews.com
20/11/2010

European Commission Vice President Antonio Tajani has welcomed recent data on the impressive recovery of Europe's tourism industry as a sign of Europe’s overall economic recovery.

Tajani was speaking at the European Tourism Forum in Malta on November 19, 2010.

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STR release global hotel performance results for October 2010

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25/11/2010

Europe's recovery continued to stabilise in October, reporting more than 10-percent RevPAR growth, says STR. Yet, recent bail-outs for Ireland, the potential implications for other Euro-zone countries, and the consequences for the wider economic and hotel markets continue to highlight the risks to the RevPAR recovery.

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European online travel returns to double-digit growth.

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phocuswright.com
26/11/2010

The European online travel market is expected to grow 10% in 2010, as the overall travel market begins a modest recovery.Following an 11% decline in 2009, the total European travel market is projected to grow 2% in 2010.

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New Deloitte Survey Finds Business Travelers Anticipate More Trips in 2011

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hospitalitynet.org
18/11/2010
 
Business travelers are anticipating an increase in corporate travel for 2011 -- a welcomed boost in customer demand for the hospitality and travel sectors -- according to a new survey from Deloitte.

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Strong activity in EMEA Hotel Investment Market - €5.5 billion forecast for year end

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htrends.com
2/11/2010
 

Jones Lang LaSalle 

The EMEA hotel investment market has demonstrated strong growth in the first three quarters of 2010, reaching €3.97 billion. Investment volumes across EMEA now represent a 55% year-on-year increase against the €2.5 billion transacted between Q1 and Q3 in 2009. As forecasted by Jones Lang LaSalle Hotels growth accelerated further during Q3 2010 with €1.8 billion transacted across EMEA, a significant 70% increase on Q3 2009 levels (€1.056 billion).

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