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Saudi Arabia to launch into MICE sector
worldwide by exhibiting at IMEX in Frankfurt.
New position
Aoife Delaney
new Director of Marketing and Sales at DMC Network.
Redefining meetings
Sarawak goes tribal
to boost business.
Hotel world
Asias ultimate destination,
Signiel Seoul Hotel opens in the worlds new landmark.
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Ottawa Tourism
sees large business events bookings up 220% in Canada’s 150th year.
meetings creates events, events creates meetings
Swedish Exhibition and Congress Centre
in Gothenburg speeds up plans to extend facilities.
Aviation Industry
Swedish Aviation Tax to Cost 7,500 Jobs,
Conflicts with Global Carbon Agreement.
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Successful trials lead IMEX in Frankfurt
to fully-fledged roll out of Zenvoy networking service.
meetings means business
Business Booms
at ibtm arabia 2017.
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KOKS wins
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Near zero projected growth in global GDP for 2009

$1.2 trillion in fdi inflows is projected for 2009, a 29% reducation from 2008. Modest 17% growth is projected for 2010, which should accelerate to 29 % growth in 2011 according to Country Brand Index 2009/Executive summery.

 

247 million international tourist arrivals from January through April of 2009. This figure is an 8.2 % decline compared with the same period in 2008.

 

$ 3.0 trillion estimated  expenditures for total world personal travel and tourism in 2009, with business travel accounting for an additional $745 billion, These figures represent annual decline of 6.3% and 11.6%, respectively.

 

• 3.4 % Growth in global GDP was reported, a slowdown from the 4% average growth in global economic output experienced from 2000 to 2007.

 

• 14 % decline in global FDI inflows, from a high of $2.0 trillion in 2007 to $1.7 trillion in 2008, when developing and transition economies increased their share of FDI by 43%, primarily at the expense of developed nations.

 

• $ 5.5 trillion in economic activity is forecast for the Travel & Tourism industry, equivalent to 9.4% of the global GDP, and more than 219,810,000 jobs, or 7.6% of total employment.

 

• 3.3 % decline is estimated for the Travel & Tourism Economy in 2009. After four years of growth averaging 3.6% per annum, GDP growth for the industry slowed to just 1.0% in 2008. A third difficult year is now forecast for 2010, with the Travel & Tourism economy expected to expand by only 0.3%.4

 

• 924 milion international tourist arrivals for 2008. A total 2% growth compared to 2007 resulted from a 5% increase during the first half of the year and a 1% decline in the second half of the year, compared to the same periods in 2007.

 

• 4% Growth in real GDP is projected on an average annual basis for the global Travel & Tourism Economy over the next 10 years. Following an expected 3.5% decline in 2009, the industry expansion will add 56 million new Travel

& Tourism jobs worldwide during the next decade.