The company has struggled with high debt and the wider downturn in the global travel sector.
This is a global travel issue, not just, as I said before, the United States.
The company has struggled with high debt levels and the wider downturn in the global travel sector.
Between 2000 and 2010 America's share of spending on global travel fell by a third, from 17.2% to 11.6%.
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This article is by Steve Peterson, global travel and transportation industry leader for the IBM Institute for Business Value.
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Unlike golf, cricket or Formula One, others sports that require continual global travel, the players also push themselves to the limit physically.
Dubbed "debauchery tourism" -- or debaucherism -- a global travel trends report released last week identified it as a major industry trend.
But employees are now expected to treat company funds "like their own money, " says Howard Brooks, global travel practice leader at Procurian Inc.
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Jeff Clarke, chief executive and president of global travel firm Travelport, called the rate cut a "quite decisive move", which "clearly has stemmed the fall" on stock markets around the world.
"In this age of global travel, where people move around in airplanes so quickly, there is no region to which this virus could not spread, " said Fukuda, assistant director-general of the WHO.
With improving economic stability, the global travel market is bound to witness an increase in the years ahead and travel-related advertisers will continue to devote significant resources in advertising their travel products and services.
In key European markets, high-speed rail ticket prices are predicted to rise by more than 4% next year due to its popularity over air, according to forecasts by Carlson Wagonlit, a global travel management company.
"Even as travelers age, they will continue to embrace travel as an opportunity to revisit their hedonistic youth and to spend lavishly, enjoying their leisure time to the full, " global travel and tourism research manager Clement Wong said.
The World Travel and Tourism Council, a trade body, talked this week of a 30% drop in global travel-industry revenues, before swiftly (and inexplicably) switching to a much less pessimistic forecast: a fall over the next 12 months of 10-20% in America, and less in Europe and Asia.
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The gross online travel bookings in Europe accounted for 37.7% of the global online travel market in 2012.
Despite recent quivers in world financial markets, most travel industry executives I interviewed for this video produced at the recent Global Business Travel Association Conference in Denver expect a very busy business travel season.
Over the same two decades, global air travel doubled growing to four trillion RPKs (revenue passenger kilometers).
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U.S. carriers may not be the international brand of choice, but they are leading the recovery in the global air travel sector.
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The rise of bed bugs across the world is attributed to a number of causes especially the increase in global air travel.
Global air travel is down 7.6% (the swine flu epidemic hasn't helped), and hotels in the U.S. and Europe are running well less than three-quarters full.
In addition, the country's corporate travel spending is catching up with the US, and looks set to surpass it by 2014, according to the US-based Global Business Travel Association.
The GBTA Foundation is the education and research arm of the Global Business Travel Association (GBTA), a trade group for corporate travel managers and suppliers based in Alexandria, Va.
Despite macro headwinds, the company has registered robust growth in its revenue for the last few years and continues to be one of the leading global online travel agencies.
We believe that with an expanding international presence, the robust growth in hotel bookings and a focus on developing its mobile platform, it is well-equipped to leverage growth in the global online travel market.
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The American Express Global Business Travel Forecast 2013, released in October 2012, notes that economic growth from Argentina to Poland -- and the business people looking to capitalise on it -- will be the main driver for executive trips in 2013.
"We are definitely seeing strong growth in international travel and expect this trend to continue which will make traveller rights in all areas of the world a focus, " said a spokesperson for the Global Business Travel Association, a US-based trade organization representing travel buyers.
For domestic travel, Global Entry pays off because it gets you into Precheck.
On the bleeding edge of a global outbreak would be travel-related companies such as hotels and airlines, restaurants, mass transportation and nonessential retail shopping.
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