December 4, 2012 |
More than half of all travel industry jobs in the U.S. pay a middle-class salary or higher. That was one of the findings of a new study released Tuesday by the U.S. Travel Assn., the trade group for the nation's travel industry. The study, based on data from the U.S. Bureau of Labor Statistics since 1979, was intended to show what the trade group has been saying for years: Travel-related jobs pay well and lead to prosperous careers. The travel industry is the nation's sixth-largest employer, supporting 14.4 million jobs, according to the trade group.
November 30, 2012 |
The world's airline industry lost an estimated $500 million in revenue because of the closure of several East Coast airports during the onslaught of Superstorm Sandy, according to an airline trade group. The analysis of the storm's effect on the industry came from reports issued Wednesday and Thursday by the International Air Transport Assn., a trade group for the world's largest airlines. The trade group estimated that the industry suffered most of its revenue losses from Oct. 28 to Nov. 3. At the peak of the storm Oct. 29, about 9% of global airline capacity was grounded, the trade group said.
November 8, 2012 |
The travel industry, on a rebound from the economic downturn of a few years ago, should continue to thrive under a second term of President Obama. That was the message sent Wednesday by the U.S. Travel Assn., the nation's largest trade group for the travel industry. Although the Washington group does not make political endorsements, it has voiced support for Obama's policies in the last few years and said it expects the administration to continue to support the industry. "We can expect President Obama and his administration to vigorously defend the travel-policy accomplishments he achieved in his first term," Roger Dow, president of the trade group, said in a statement.
November 7, 2012 |
If you plan to fly for the Thanksgiving holiday, you can practically give up on the idea of having an empty seat next to you. On the busiest travel days before and after Thanksgiving Day, the average flight is expected to be 90% full, according to Airlines for America, the trade group for the nation's largest airlines. In contrast, the average flight throughout 2011 was 82% full, according to federal statistics. The rate of filled seats on planes, known as the "load factor," has risen over the last few years as airlines have merged, cut less profitable routes and consolidated flights.
October 30, 2012 |
Uncooperative weather has damaged grapes worldwide, causing global wine production to shrivel 6.1% to its lowest point since 1975, according to a Paris-based trade group. Between dwindling vineyard space and tough climate conditions that pummeled mega-producers France and Italy, wine output could tumble to 248.2 million hectoliters this year, or 6.6 billion gallons, according to the International Organization for Vine and Wine. That's the smallest amount in 37 years, Director General Federico Castellucci said at a Paris press conference, acco rding to Bloomberg . In 2011, the industry produced 264.2 million hectoliters of vino, according to the group, which is known as OIV. Growth rates are positive in the U.S. and the southern hemisphere in countries such as South Africa.
October 14, 2012 |
After a dramatic slump during the economic recession, spending on business travel in the U.S. began to climb in 2010 and 2011. But business travel spending is slowing down, perhaps a sign of anxiety in corporate America over the still shaky economy, turmoil in Europe and slower growth in China, according to a report by the Global Business Travel Assn., the trade group for the world's travel managers. “Corporations are in a wait-and-see mode and holding back on investment decisions that would help boost the economy,” said Michael McCormick, the executive director of the group.
October 9, 2012 |
With cities pressing to limit the intake of fattening foods and drinks, the nation's major soda makers will start listing calorie counts on vending machines next year, a move critics said was aimed at averting calls for special taxes and other regulations. Coca-Cola Co., PepsiCo Inc. and Dr Pepper Snapple Group Inc. unveiled the initiative Monday in conjunction with a competition between Chicago and San Antonio municipal employees for a $5-million grant from the American Beverage Assn., an industry trade group.
October 8, 2012 |
WASHINGTON - A penny for your thoughts? No? How about $2? A federal agency's mailing of $2 bills to about 10,000 households to encourage their participation in a survey has led to proposed legislation to end the government's use of such cash incentives. "No wonder the U.S. is having money problems if the government has extra $2 bills to mail out randomly," wrote one recipient, according to Rep. Scott Tipton (R-Colo.), who proposed the legislation. The Bureau of Reclamation last year sent out the $2 bills to encourage participation in a survey about the future of the Klamath River Basin in Northern California and southern Oregon.