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economy

Capture d’écran 2010-09-10 à 15.22.02
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Global Tourism: Black Clouds with Silver Linings

9 June 2009 Written by: Michael Nowlis

Stormy Skies on the Horizon The global economy has fallen off a cliff and no one is sure when it will hit bottom. According to the International Monetary Fund (IMF), the world’s advanced economies experienced an unprecedented 7.5% decline in real Gross Domestic Product (GDP) during the fourth quarter of 2008. The IMF projects a [...]

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Familiar with tweens? You should be…

9 February 2007 Written by: Maïthé Levasseur

A recent development in marketing has been to define a new customer segment: “tweens” or preteens. While young people ages 9 to 14 are no longer children, they are not yet teens, either. With surprising purchasing power and influence on a variety of family decisions, they are an attractive market. Although manufacturers have recognized the [...]

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Loyal customers spend less than new customers

2 November 2006 Written by: Claude Péloquin

Spanish researchers have analyzed the expenditures of travellers in relation to how many times they have visited a destination. According to their findings, returning travellers spend less than first‑time visitors, primarily because of their increased knowledge of the destination. Destinations may want to consider the true economic benefits of new visitors versus loyal customers in [...]

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Number of tourists or tourism revenues?

16 May 2006 Written by: Michèle Laliberté

Should tourism-industry growth be measured in international arrivals or in economic benefits? Which category would we rather be performing best in? Where does Canada stand in the stats? In a country-by-country comparison, we realized we were on the wrong track in trying to analyze the increase in international tourism revenues in 2004 compared to 2003. [...]

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What can we expect from the tourism bubble in the next few years?

26 April 2006 Written by: Michèle Laliberté

What are the major influential factors that will affect tourism supply and demand this decade? For a start, China and India are poised to become major players as they increase their presence in the travel marketplace. Climate of uncertainty The political, economic, climatic and health crises of the past few years have shown us that [...]

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