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financing

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Getting Out of the Hotel Business and into the Business of Hotels

5 February 2007 Written by: Michael Nowlis

Our expert, M. Michael Nowlis from Tourism Control Intelligence, traces three related trends that have revolutionized the global hotel industry over the last 25 years. It begins by chronicling the emigration of hotel assets from American ownership to foreign investors in the 1980s and their subsequent repatriation starting in the mid-1990s. Second, it examines how [...]

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Meeting DMO challenges

17 May 2006 Written by: Claude Péloquin

Responsible for developing and promoting tourism in their respective regions, destination management organizations (DMOs) are the backbone of the travel industry. Challenges await them as they consider new funding formulas, adopt new technologies, deal with heightened competition, and adapt to changing consumer needs. Recognizing the importance of DMOs Working in an industry composed primarily of [...]

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Culture: The key to urban tourism

9 May 2006 Written by: François-G. Chevrier

In the new millennium, Montréal’s leaders and opinion-makers have continually emphasized that the future of their metropolis is tied to culture. But it isn’t the only city to have recognized the value of culture. Toronto has decided to invest heavily in its cultural infrastructure, while New York City has opted to directly support creative endeavours [...]

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Global Megatrends Revolutionizing the Tourism Industry at the Dawn of the Third Millennium

12 August 2004 Written by: Michael Nowlis

Tourism Trends > The cruise industry will experience explosive growth. > An older, better-educated population in Europe and North America will increasingly seek ecotourism and cultural travel products. > “Slow cities” and “slow food” trends will expand from Italy to much of Europe. > London, New York, Sydney and Dubai will be the leading tourism [...]

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Global Megatrends Revolutionizing the Tourism Industry at the Dawn of the Third Millennium

12 August 2004 Written by: Michael Nowlis

Tourism Trends The cruise industry will experience explosive growth. An older, better-educated population in Europe and North America will increasingly seek ecotourism and cultural travel products. “Slow cities” and “slow food” trends will expand from Italy to much of Europe > London, New York, Sydney and Dubai will be the leading tourism poles through the [...]

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