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Trends |
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World Tourism Exceeds Expectations In 2007
The year 2007 exceeded the expectations for international tourism with arrivals reaching new record figures close to 900 million. The results confirm both the sustained growth path of the past years and the resilience of the sector regarding external factors. This development has been supported by a strong world economy, which has experienced its longest period of sustained growth for more than two decades.
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Travelport CEO sees no major travel slowdown
Travelport, a services firm owned by Blackstone Group LP, sees no major impact on travel as a result of an economic slowdown, its president and chief executive said on Tuesday.
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Travel & Tourism Leaders Forecast Continued Growth for 2008
Despite repercussions of the ongoing global credit crunch, Travel & Tourism leaders today revealed that the industry will moderately be impacted and signalled continued growth rates for 2008 at a reduced pace.
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