GBTA BTI Outlook and Economic Forecast for Business Travel in Asia Pacific, Thailand and around the World
|
|
- Winifred Craig
- 6 years ago
- Views:
Transcription
1 GBTA BTI Outlook and Economic Forecast for Business Travel in Asia Pacific, Thailand and around the World Research Sponsored by: Welf J Ebeling Vice President, Operations - Asia Pacific Global Business Travel Association 1
2 Agenda GBTA Who we are and what we do GBTA Foundation and Research What Drives Business Travel? Global Economic Economic Conditions Asia Pacific Overview Travel Drivers: Exports, Profits, Employment Global Business Travel Outlook Global Overview Top Tier Markets: Some Struggle, Some Soar Asia Pacific Overview APAC Business Travel Spending and Forecast 2
3 Global Business Travel Association GBTA is the world s premier business travel and meetings organization Collectively, GBTA s 6,000-plus members manage over $350 billion of global business travel and meetings expenditures annually GBTA provides its network of 25,000 business and government travel and meetings managers, as well as travel service providers, with networking events, news, education & professional development, research and advocacy 3
4 Our (Current) Global Footprint Europe Canada France Russia China Formerly NBTA since 2010 Mexico India GBTA Brazil Latin America Africa Australia / New Zealand 4
5 APAC 5
6 6
7 Member-Provided Research Results Comprehensive report covering global economy, business travel trends/challenges, and 5-year projections Global GBTA BTI Data Cube -detailed database of industry sales and business travel spending: for 75 countries by 48 industries covering Data Cube (75 Countries) country breakouts for domestic and IOB Selection of pivot tables & graphs Domestic BTS IOB BTS Professional & Business Services (48 Sectors) Business Travel Spend (in $USD) Industry Sales (in $USD) Annual Metrics F For more information contact GBTA Foundation Research or visit The Hub 7
8 Global Economic Health What drives Business Travel? 8
9 Global International Outbound Travel Highly Correlated With Exports 9
10 The same holds true on a national level Example - China 10
11 Domestic Business Travel Highly Correlated With Retail Sales/Employment 11
12 GLOBAL ECONOMIC CONDITIONS FOUNDATION FOR BUSINESS TRAVEL PERFORMANCE 12
13 Global Economic Growth is Gathering Energy After a two-year slowdown, global growth is stabilizing and beginning to rise towards long-term trend. U.S., China, and Other APAC lead the way. Most central banks maintaining monetary stimulus. In part, to counterbalance fiscal contraction. Inflation risk is so far subdued but bears watching. U.S.: Housing, autos, energy, and consumer spending drive improving growth conditions. Meanwhile, government is providing a distinct headwind. Corporate profits, business spending, and (finally) hiring also starting to turn the corner. China: Central authorities continuing to shift economic mix towards domestic demand improving the quality of growth at the expense of some quantity. GDP growth currently below expectations but well within government targets. The Eurozone s sovereign-debt crisis quiet for now, but problems are far from resolved. North vs South growth diversion will continue. Emerging Europe waits for Core Europe and rest of world to improve. LatAm: Sound macroeconomic fundamentals, improving debt profiles, substantial foreign-exchange reserves, and stable financial systems have most countries poised for growth. Key risks remain: European retrenchment, Iran-driven oil shock, U.S. fiscal policy, and yet another Chinese real estate bubble 13 13
14 Global Growth is Improving Slowly 10 Global Growth is Improving, Albeit Slowly Yr-over-Yr % Real GDP Industrial Production Source: OECD, IHS Global Insight, IMF, Wells Fargo Securities, Rockport Analytics 14 14
15 Percent Change Asia-Pacific Will Pace All Regions in Real GDP Growth Stable, consistent econ policy plus rising middle class Rising incomes, infrastructure building, consumer expansion continue to (re)shape economies 0-2 North America Debt crisis, austerity, aging population make for long-term challenges Latin America Western Europe Emerging Europe Mideast- N. Africa Periodic deflation, aging pop lost decade II? Sub- Saharan Africa Japan Other Asia Source: IMF, IHS Global Insight, Wells Fargo Securities, OECD, Rockport Analytics 15 15
16 Inflation Outlook Also Differs Across Global Regions Annual Percent Change Consumer Price Inflation North America Latin America Western Europe Emerging Europe Mideast- N. Africa Sub- Saharan Africa Source: IMF, IHS Global Insight, Wells Fargo Securities, OECD, Rockport Analytics Japan Other Asia- Pacific 16 16
17 Oil & Jet Fuel Prices: Good News For Now $160 $140 $120 Crude Oil and Jet Fuel Prices Moving Sideways 2012 Averages: Crude Oil = $112/bbl Jet Fuel = $3.06/gal Jet Fuel: May $2.73/gal Brent Crude: May 2013 $103.03/bbl $4.50 $4.00 $3.50 $USD per Barrel $100 $80 $60 $3.00 $2.50 $2.00 $1.50 USD$ per Gallon $40 $1.00 $20 $0 Sidewaysduring Likely to drift up in as global economy strengthens. $0.50 $0.00 Oil Price (Brent Crude) left scale Jet Fuel right scale Source: Energy Information Administration 17
18 Global Economic Health APAC Overview 18
19 Most APAC Economies Show Strong Historical GDP Growth % GDP Growth China Indonesia Sri Lanka India Vietnam Australia Thailand Pakistan Philippines Malaysia New Zealand Bangladesh Singapore South Korea Taiwan United States Hong Kong Japan 18% 34% 34% 41% 61% 61% 58% 64% 64% 64% 63% 78% 77% 74% 69% 81% 80% 89% 19 19
20 APAC Economies Will Continue to Grow % GDP Growth India China Vietnam Indonesia Philippines Hong Kong Singapore Malaysia South Korea Pakistan Taiwan Thailand Bangladesh New Zealand United States Australia Japan Sri Lanka 21% 20% 17% 26% 23% 37% 34% 32% 31% 31% 29% 44% 44% 40% 39%? 46% 55% 55% 20 20
21 Global Business Travel Outlook Global Overview 21
22 Global GBTA BTI Global GBTA BTI - derived from business travel spending, is a holistic measure of the health of any given business travel market. Highly correlated with Global Sales, although BTI is increasingly growing at a slower rate, as biz travel s productivity improves. GBTA BTI Global Growth % Trillion USD % Trillion USD % Trillion USD % Trillion USD % Trillion USD % Trillion USD 22
23 2012 Global Business Travel Spending Reaches $1.06 Trillion USD Total Business Travel Spending: Top 15 Markets Total BTS ($ Billions USD) Annual Growth in BTS (2012) 1. United States $ % 2. China $ % 3. Japan $ % 4. Germany $ % 5. U.K. $ % 6. France $ % 7. Italy $ % 8. South Korea $ % 9. Brazil $ % 10. India $ % 11. Canada $ % 12. Australia $ % 13. Russia $ % 14. Spain $ % 15. Netherlands $ % World $1, % About the size of the entire South Korean economy (15 th in world) 23
24 Shifting Business Travel Dominance: Changes in Ranking by 2017 Top 15 Markets (Sorted by 2017 BTS) In Millions of US $ Country BTS 2012 Ranking BTS 2017 Ranking Change China $ $ United States $ $ Japan $ $ Germany $ $ United Kingdom $ $ Brazil $ $ France $ $ South Korea $ $ India $ $ Italy $ $ Russia $ $ Canada $ $ Australia $ $ Indonesia $ $ Netherlands $ $
25 Off the Beaten Path: Searching for Opportunity in Tertiary Markets* Latin America Tertiary Markets Forecasted BTS in 2017: $36 billion Eastern European Tertiary Markets Forecasted BTS in 2017: $45 billion MENA Tertiary Markets Forecasted BTS in 2017: $19 billion Southeast Asia Tertiary Markets Forecasted BTS in 2017: $61 billion *To be included country must total $1B+ in annual BTS but be outside of top 15 markets 25
26 Global Business Travel Outlook International Outbound 26
27 Stark Differences in Countries Share of Domestic and IOB BTS Top 15 IOB Markets In Millions of US $ IOB as % of Domestic as Country Total a % of Total Singapore 81% 19% Zimbabwe 72% 28% Norway 70% 30% Taiwan 53% 47% Sweden 41% 59% Malaysia 40% 60% Switzerland 38% 62% France 37% 63% Czech Republic 35% 65% United Kingdom 34% 66% Ireland 33% 67% Ukraine 31% 69% Slovak Republic 31% 69% Belgium 31% 69% Canada 29% 71% World 18% 82% Top 15 Domestic Markets In Millions of US $ IOB as % of Domestic as Country Total a % of Total Iran 1% 99% Russia 3% 97% China 4% 96% Greece 5% 95% Qatar 5% 95% Argentina 5% 95% Chile 5% 95% Costa Rica 5% 95% Jamaica 6% 94% Cameroon 6% 94% Nigeria 6% 94% Kenya 6% 94% Austria 9% 91% India 9% 91% Poland 9% 91% World 18% 82% 27
28 Global Business Travel Outlook Top Tier Markets: Some Struggle, Some Soar 28
29 Many Trends Remain: BTS Growth Still Moving at Two Different Speeds 16.0% 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% Average BTS Growth Rates: Developed vs. Emerging Markets* 8.6% 0.4% 14.1% 11.1% 3.1% 3.4% 9.8% 9.0% 5.1% 5.2% GBTA BTI US China German y Brazil India Australi a BTS growth in emerging markets continues to dwarf growth in the developed world Growth gap closes towards the end of the outlook s horizon growth multiple of < 2x by 2015 Developed Market BTS Emerging Market BTS *Developed: W. Europe, US, Canada, Australia; Emerging: China, India, Brazil, Indonesia 29
30 High-Flying Growth Markets Continue to Add Mass to Their BTS 16% Expected Growth ( CAGR) in Business Travel Spend (BTS) and Current Level of BTS (size of bubble) of Top-15 Markets 14% China India CAGR % 10% 8% 6% 4% 2% Brazil France Global Total Australia Canada Germany Italy Netherlands Japan Russia Global Total Korea UK 7.1% Spain 7.7% United States 0% Country (Arranged Alphabetically) 30
31 Growth In Business Travel Spend: Top 15 Markets In Millions of US $ Top 15 Markets Ranked by $ Growth Change in BTS Rank Country BTS 2012 BTS CAGR China $196,166 $374,806 14% $178,641 1 United States $261,959 $324,531 4% $62,572 2 India $22,062 $40,409 13% $18,346 3 Germany $50,527 $66,325 6% $15,798 4 Brazil $30,127 $45,512 9% $15,385 5 United Kingdom $40,212 $53,267 6% $13,055 6 South Korea $30,453 $42,543 7% $12,090 7 Russia $20,439 $29,770 8% $9,331 8 France $35,743 $45,059 5% $9,316 9 Japan $65,183 $72,508 2% $7, Italy $32,671 $38,683 3% $6, Netherlands $17,817 $22,868 5% $5, Australia $21,074 $24,867 3% $3, Spain $17,873 $20,960 3% $3, Canada $21,991 $25,014 3% $3, World $1,061,249 $1,496,091 7% $434,842 31
32 Growth In Business Travel Spend: Top 15 Markets In Millions of US $ Top 15 Markets Ranked by CAGR Change in BTS Rank Country BTS 2012 BTS CAGR Poland $5.1 $8.7 14% $ China $196.2 $ % $ India $22.1 $ % $ Ukraine $1.7 $2.9 13% $ Kenya $0.5 $0.9 12% $ Zimbabwe $0.1 $0.2 12% $ Indonesia $14.6 $ % $ Greece $1.3 $1.8 10% $ Czech Republic $3.0 $4.4 10% $ Turkey $13.1 $ % $ Vietnam $3.2 $4.9 9% $ Venezuela $3.4 $4.4 9% $ Philippines $2.9 $4.4 9% $ Romania $3.0 $4.4 9% $ Senegal $0.2 $0.3 9% $ World $1,061,249 $1,496,091 7% $434,842 32
33 Global Business Travel Outlook Asia Pacific Overview 33
34 Most APAC Economies Show Strong Historical BTS Growth % BTS Growth China 82% Vietnam 74% Indonesia 73% Sri Lanka 67% India 67% Thailand 55% Malaysia 54% Australia 54% New Zealand 52% Philippines 52% Singapore 50% Pakistan 48% Bangladesh 46% South Korea 43% Taiwan 24% Hong Kong 14% United States -13% 5% Japan 34 34
35 Strong APAC BTS Growth Will Continue % BTS Growth Sri Lanka China Vietnam Philippines New Zealand India Malaysia South Korea Pakistan Taiwan Indonesia United States Bangladesh Australia Thailand Hong Kong Singapore Japan 15% 11% 9% 22% 17% 29% 28% 28% 28% 25% 25% 35% 34% 33% 32% 37% 53% 53% 35 35
36 Business Travel Spending and Forecast Asia Pacific USD (billions) * Australia, Bangladesh, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Vietnam
37 For most of APAC Strong BTS Growth Will Continue Japan China India Thailand Asian Tigers South Korea Taiwan Singapore Hong Kong Indonesia 37
38 Business Travel Spending Forecast The 4 largest economies in Asia 38
39 Business Travel Spending Forecast The 4 Asian Tigers 39
40 Business Travel Spending Forecast 40
41 Business Travel Spending Forecast 41
42 Key Takeaways: Where is Global Business Travel Headed? Global BTS is still dominated by the U.S., Western Europe & China. These three markets combined make up nearly 70% of total BTS around the globe. China is a juggernaut- this point can t be exaggerated. They will pass the U.S. as the largest business travel market in the world by 2016 and not look back. The relevance of the top 15 BTS markets will continue to shift. Developing markets like India, Brazil, Russia and Indonesia will continue to leapfrog the slower-moving mature markets of the West. Western Europe, especially, will struggle. Consider looking for opportunity in tertiary markets. While many countries in Latin America, Eastern Europe and Southeast Asia represent small opportunities by themselves, the regional opportunity is enormous. Understanding industry mix will put you ahead of the curve when targeting new markets. We expect real estate to be a huge factor over the next five years. Expect travel-intense industries that are at the core of industrialization in developing markets (e.g., Utilities, Food Services) to play a significant role in driving near-term BTS as well. 42
Sprint Real Solutions VPN SDS International Rates from the U.S. Mainland, Hawaii, Puerto Rico, and the U.S. Virgin Islands 1*
1* The international rates below apply to calls from the U.S. Mainland, Hawaii, Puerto Rico, and the U.S. Virgin Islands where available. The rates, which are shown below in full minute increments, are
More informationOutlook for air travel markets
Outlook for air travel markets June 2016 Brian Pearce Chief Economist International Air Transport Association Extended period of strong air travel market growth 30% 25% 20% 15% 10% 5% 0% -5% -10% -15%
More informationSprint Real Solutions Switched Data Service International Rates from the U.S. Mainland, Hawaii, Puerto Rico, and the U.S.
1* The international rates below apply to calls from the U.S. Mainland, Hawaii, Puerto Rico, and the U.S. Virgin Islands. The usage rates below reflex the discount found in Section 6.4 of Schedule No.
More informationIMD World Talent Report Factor 1 : Investment and Development
THAILAND 2012 2013 2014 2015 2016 Overall Investment & Development Appeal Rank 2016 37 42 24 Readiness 49 of 61 Factor 1 : Investment and Development Total Public Expenditure on Education Percentage of
More informationIntra-African Air Services Liberalization
Intra-African Air Services Liberalization James Wiltshire Senior Economist, www.iata.org/economics To represent, lead and serve the airline industry Aviation connects African businesses to world markets
More informationSprint Real Solutions Switched Data Service International Rates from the U.S. Mainland, Hawaii, Puerto Rico, and the U.S.
1* The international rates below apply to calls from the U.S. Mainland, Hawaii, Puerto Rico, and the U.S. Virgin Islands. The usage rates below reflex the discount found in Section 6.4 of Schedule No.
More informationSprint Real Solutions Switched Data Service International Rates from the U.S. Mainland, Hawaii, Puerto Rico, and the U.S.
1* The international rates below apply to calls from the U.S. Mainland, Hawaii, Puerto Rico, and the U.S. Virgin Islands. The usage rates below reflex the discount found in Section 6.4 of Schedule No.
More informationMONTHLY NATURAL GAS SURVEY. November 2009
MONTHLY NATURAL GAS SURVEY November 2009 INTERNATIONAL ENERGY AGENCY INTERNATIONAL ENERGY AGENCY Next Release: 12 March 2010 MONTHLY NATURAL GAS SURVEY - 1 CONTENTS TABLE 1 Natural Gas Balances in OECD
More informationSprint Real Solutions Option A SDS International Outbound Rates from the U.S. Mainland, Hawaii, Puerto Rico, and the U.S.
1* The international rates below apply to calls from the U.S. Mainland, Hawaii, Puerto Rico, and the U.S. Virgin Islands. For additional termination poinst for some countries, see International Termination
More informationThe Nordic Countries in an International Comparison. Helga Kristjánsdóttir 20. apríl 2012
The Nordic Countries in an International Comparison Helga Kristjánsdóttir 20. apríl 2012 15 Figure 1. World Bank, GDP growth (annual %) 10 5 0 1961 1963 1965 1967 1969 1971 1973 1975 1977 1979 1981 1983
More informationKINGDOM OF CAMBODIA NATION RELIGION KING 3
KINGDOM OF CAMBODIA NATION RELIGION KING 3 TOURISM STATISTICS REPORT October 2015 MINISTRY OF TOURISM Statistics and Tourism Information Department No. A3, Street 169, Sangkat Veal Vong, Khan 7 Makara,
More informationFINLAND. Table 1. FDI flows in the host economy, by geographical origin. (Millions of US dollars)
Table 1. FDI flows in the host economy, by geographical origin World 3 732 8 046 3 319 2 823 4 750 7 652 12 451-1 144 718 7 359 2 550 4 158 Developed economies 3 638 8 003 2 382 2 863 4 934 7 258 12 450-855
More informationKINGDOM OF CAMBODIA NATION RELIGION KING 3
KINGDOM OF CAMBODIA NATION RELIGION KING 3 TOURISM STATISTICS REPORT March 2014 MINISTRY OF TOURISM Statistics and Tourism Information Department No. A3, Street 169, Sangkat Veal Vong, Khan 7 Makara, Phnom
More informationKINGDOM OF CAMBODIA NATION RELIGION KING 3
KINGDOM OF CAMBODIA NATION RELIGION KING 3 TOURISM STATISTICS REPORT June 2014 MINISTRY OF TOURISM Statistics and Tourism Information Department No. A3, Street 169, Sangkat Veal Vong, Khan 7 Makara, Phnom
More informationSLOVAKIA. Table 1. FDI flows in the host economy, by geographical origin. (Millions of US dollars)
Table 1. FDI flows in the host economy, by geographical origin World 1 271 4 095 1 060 1 058 714 4 693 3 267 4 692-6 1 769 3 491 2 825 Developed economies 1 204 4 050 1 036 1 113 485 4 265 1 001 5 084-881
More information21st ACI AFRICA REGION ANNUAL ASSEMBLY CONFERENCE AND EXHIBITION
21st ACI AFRICA REGION ANNUAL ASSEMBLY CONFERENCE AND EXHIBITION LIVINGSTONE, ZAMBIA 28 AUGUST 2012 Angela Gittens Director General ACI World 1 Airports Council International ACI AFRICA ACI World 577 members
More informationKINGDOM OF CAMBODIA NATION RELIGION KING 3
KINGDOM OF CAMBODIA NATION RELIGION KING 3 TOURISM STATISTICS REPORT September 2014 MINISTRY OF TOURISM Statistics and Tourism Information Department No. A3, Street 169, Sangkat Veal Vong, Khan 7 Makara,
More informationPost Show Report. The 19th China International Pet Show (CIPS 2015) National Exhibition and Convention Center (Shanghai)
2015.11.4-7 National Exhibition and Convention Center (Shanghai) The 19th China International Pet Show (CIPS 2015) China Great Wall International Exhibition Co. Ltd. November 2015 Content OVERVIEW... 1
More informationGlobal economy and aviation do we have room to grow?
Global economy and aviation do we have room to grow? 18 January 2017 Brian Pearce Chief Economist, IATA Airline Industry Economics Advisory Workshop 2016 1 Room to grow? Looking through the cycle Potential
More informationSOUTHERN AFRICA TRAVEL AND TOURISM BAROMETER REPORT 2015
SOUTHERN AFRICA TRAVEL AND TOURISM BAROMETER REPORT 2015 1 Contents 1. TOURISM TRENDS: GLOBAL AND SOUTHERN AFRICA S MARKET SHARE IN AFRICA... 4 1.1. TOURIST ARRIVALS... 4 1.1.1. Global Tourist Arrivals
More informationAirline financial performance and longterm developments in air travel markets
Airline financial performance and longterm developments in air travel markets March 2018 Brian Pearce, Chief Economist, IATA www.iata.org/economics % of invested capital Investor returns falling but above
More informationTHE GROWTH OF THE HOSPITALITY INDUSTRY IN DUBAI
THE GROWTH OF THE HOSPITALITY INDUSTRY IN DUBAI THE DEFINITION OF TOURISM Tourism is travel for recreational, leisure or business purposes. The World Tourism Organization defines tourists as people "traveling
More informationREPUBLIC OF KOREA. Table 1. FDI flows in the host economy, by geographical origin. (Millions of US dollars)
Table 1. FDI flows in the host economy, by geographical origin World 4 130 3 395 4 383 8 980 7 050 4 950 2 629 8 409 7 501 8 117 10 247 11 117 Developed economies 3 123 2 385 2 949 7 185 5 743 3 423-275
More informationGlobal robot installations: high double digit growth rates
' of units Global robot installations: high double digit growth rates 5 45 4 35 3 25 2 15 1 5 113 6 Estimated annual worldwide supply of industrial robots 28-216 and 217-22* +15% on average per year 121
More information5.3. Cannabis: Wholesale and Street Prices and Purity Levels
5. Prices: Cannabis 5.3. Cannabis: Wholesale and Street Prices and Purity Levels HERBAL CANNABIS Africa East Africa Ghana 51.0 39.2-62.7 1999 Kenya 0.2 0.1-0.3-2002 119.8-1996 Madagascar 1.3 1.1-1.4 100.0
More informationOutlook for Business and Meetings Travel
University of Massachusetts Amherst ScholarWorks@UMass Amherst Travel and Tourism Research Association: Advancing Tourism Research Globally 2014 Marketing Outlook Forum - Outlook for 2015 Outlook for Business
More informationInternational Students Headcount & Credit Hour Enrollment Summary
International Students & Credit Hour Enrollment Summary by Student Classification Fall & Fall // - Census - - -.%.% -.%.% Student Type: First-time First Time-PreCollege First Time-New in College First
More informationPerformance Derby: MSCI Share Price Indexes
Performance Derby: MSCI Share Price Indexes January 5, 2018 Dr. Ed Yardeni 516-972-7683 eyardeni@yardeni.com Joe Abbott 732-497-5306 jabbott@yardeni.com Please visit our sites at blog.yardeni.com thinking
More informationGlobal travel patterns: an overview
Journal of Travel Medicine, 2017, 1 5 doi: 10.1093/jtm/tax007 Perspective Perspective Global travel patterns: an overview Dirk Glaesser*, John Kester, Hanna Paulose, Abbas Alizadeh, and Birka Valentin
More informationPerformance Derby: MSCI Regions/Countries Earnings & Revenues Growth 2018E / 2017E / 2016A
Performance Derby: MSCI Regions/Countries Earnings & Revenues Growth 2018E / 2017E / 2016A December 6, 2017 Dr. Ed Yardeni 516-972-7683 eyardeni@yardeni.com Joe Abbott 732-497-5306 jabbott@yardeni.com
More informationAccounting Basis by Country
Accounting Basis by Country Egypt Africa Northern Africa Morocco Africa Northern Africa Sudan Africa Northern Africa Western Sahara Africa Northern Africa Angola Africa Sub-Saharan Africa Benin Africa
More informationCOUNTRY & TERRITORY PROFILES A Summary of Oil Spill Response Arrangements & Resources Worldwide
3. COUNTRY & TERRITORY PROFILES (including date of update) A Albania August 2010 Antigua January 2009 Algeria May 2011 Argentina December 2015 Angola May 2009 Aruba April 2008 Anguilla November 2005 Australia
More informationFinancial Reporting Standards Adoption by Country
Financial Reporting Standards Adoption by Country Egypt Africa Northern Africa Morocco Africa Northern Africa Sudan Africa Northern Africa Western Sahara Africa Northern Africa Angola Africa Sub-Saharan
More information22 PEW RESEARCH CENTER. Topline Results. Pew Research Center Spring 2014 survey October 16, 2014 Release
22 Topline Results Pew Research Center Spring 2014 survey October 16, 2014 Release Methodological notes: Survey results are based on national samples. For further details on sample designs, see Survey
More informationEffective for all tickets issued where American validation is used. IATA-approved locations classified by American as full service.
Commissions Base Commission Rates Agencies Located in 50 U.S, Puerto Rico, U.S. Virgin Islands and Canada Agencies Located Outside the 50 U.S., Puerto Rico, U.S. Virgin Islands and Canada Offshore/Trans-border
More informationBase Commission To all destinations 0%
Commissions Offshore/Transborder Ticketing American Airlines does not pay base commission for tickets issued by travel agents on itineraries originating within the territory of the United States, including
More informationWORLD PRESS FREEDOM INDEX 2012
WORLD PRESS FREEDOM INDEX 2012 1 Finland -10,00 = - Norway -10,00 = 3 Estonia -9,00 - Netherlands -9,00 5 Austria -8,00 6 Iceland -7,00 - Luxembourg -7,00 8 Switzerland -6,20 9 Cape Verde -6,00 10 Canada
More informationAnuga 2017 in figures
Press Release No. 10 / hac / September 2017, Cologne Anuga 2017 in figures Participation from home and abroad Exhibitors Domestic participation 716 Foreign participation 6,689 Total 7,405 The companies
More informationTourism as an Economic Pillar. Mary Vrolijk 25 September 2015
Tourism as an Economic Pillar Mary Vrolijk 25 September 2015 Tourism Trends. Tourism: a key role player in economies. Spinoff effects: Job creation, New small and medium enterprises(sme s), Country competiveness,
More informationLatest Hotels.com research reveals Chinese travellers want more of everything more time travelling, more locations and more exotic experiences
Life in the FIRST lane Chinese travellers swap old habits for new first time experiences July 25, 2017 Latest Hotels.com research reveals Chinese travellers want more of everything more time travelling,
More information1.0 Introduction Zambia s Major Trading Partners Zambia s Major Export Markets... 4
Bank of Zambia CONTENTS 1.0 Introduction... 3 2.0 Zambia s Major Trading Partners... 3 3.0 Zambia s Major Export Markets... 4 4.0 Major Source Countries Of Zambia s Imports... 5 5.0 Direction Of Trade
More informationPress Information. Post Show Report
Press Information Post Show Report Date: October 11 (Wed.) - 13 (Fri.), 2017 Venue: Makuhari Messe, Japan Organiser: Reed Exhibitions Japan Ltd. Co-organiser: Japan External Trade Organization (JETRO)
More informationMONTHLY ECONOMIC IMPACT
MONTHLY ECONOMIC IMPACT October 2017 ECONOMY UPDATE Eurozone economic prospects remain bright; UK interest rates increased for the first time in a decade EUROZONE The preliminary Eurozone GDP estimate
More informationENGAGING ALUMNI WORLDWIDE
ENGAGING ALUMNI WORLDWIDE COLUMBIA GLOBAL CENTERS and COLUMBIA ALUMNI ASSOCIATION Columbia University Senate Feb. 27, 2015 Mission Statement: Columbia Global Centers Columbia Global Centers promote and
More informationThe World Pasta Industry in 2011
The World Pasta Industry in 2011 Survey The World Pasta Industry in 2011 25 October 2012 1 Like every year, we have completed our Annual Survey on the World Pasta Industry. We would like to thank all the
More informationIntroduction to IATA
Introduction to IATA Founded in 1945 Travel Agency Community of 90,000 offices Plays a vital and central in airline product distribution IATA Mission: to represent, lead and serve the airline industry
More informationMembership & Voting Strength - 1 October September 2020
ship & Voting Strength - 1 October 2016-30 September 2020 Assessment Period - 1 October 2012-30 September 2016 Junior Team Championships Junior - Championships Junior - Championships Junior - Africa 1
More informationASAIHL Conference 2016, National Taiwan University, May Higher education and regional engagement: Taiwan and Southeast Asia Simon Marginson
ASAIHL Conference 2016, National Taiwan University, 18-19 May Higher education and regional engagement: Taiwan and Southeast Asia Simon Marginson ESRC/HEFCE Centre for Global Higher Education University
More informationCEDIGAZ, the International Association for Natural Gas The LNG market in 2016
CEDIGAZ, the International Association for Natural Gas The LNG market in 1 Geoffroy Hureau Secretary General - Cedigaz LNG Demand grew % in 1 3 Growth rate LNG Demand Average growth -11 % % 1% 1 1% 1 %
More informationCentral Bank of Different Countries
Country name Afghanistan Albania Algeria Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia Botswana Brazil
More informationColombia: An Upcoming Emerging Market for International Investors April 2012
Colombia: An Upcoming Emerging Market for International Investors April 2012 Proexport is the organization within the Colombian Government responsible for the promotion of International Tourism, Foreign
More informationPistachio Industry Inventory Shipment Report Pounds Crop Year
Pistachio Industry Inventory Shipment Report Pounds March 2017 Year to Date Summary - Pounds 2016-2017 Crop Year Open Inshell AO Closed Shell Shelling Stock Total 8/31/16 Carryover 46,956,408 41,224,713
More informationEUROPEAN CENTRE FOR DISEASE PREVENTION AND CONTROLInfluenza A(H1N1)v
Table 1: Reported new confirmed cases and cumulative number of influenza A(H1N1)v and cumulative deaths among confirmed cases by country as of August, 1: hours (CEST) in the EU and EFTA countries Confirmed
More informationExports of Canadian Grain and Wheat Flour
Canadian Grain Commission Commission canadienne des grain JANUARY CROP YEAR 2011 Exports of Canadian Grain and Wheat Flour date Tonnes (millions) 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 4.0 3.5 3.0 2.5 2.0
More informationExports of Canadian Grain and Wheat Flour
Canadian Grain Commission Commission canadienne des grain MAY 2011 CROP YEAR Exports of Canadian Grain and Wheat Flour date Tonnes (millions) 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 7.0 6.0 5.0 4.0 3.0 2.0
More informationExports of Canadian Grain and Wheat Flour
Canadian Grain Commission Commission canadienne des grain FEBRUARY CROP YEAR 2012 Exports of Canadian Grain and Wheat Flour date Tonnes (millions) 10.0 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 6.0 5.5 5.0
More informationExports of Canadian Grain and Wheat Flour
Canadian Grain Commission Commission canadienne des grain JULY CROP YEAR 2012 Exports of Canadian Grain and Wheat Flour date Tonnes (millions) 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 9.0 8.0 7.0 6.0 5.0 4.0
More informationLife in the FIRST lane Chinese travellers swap old habits for new first time experiences
Life in the FIRST lane Chinese travellers swap old habits for new first time experiences July 25, 2017 Life in the FIRST lane Chinese travellers swap old habits for new first time experiences Latest Hotels.com
More informationAnimal products; badger hair and other brush making hair and waste of such bristles or hair, n.e.c. in heading no (excluding horsehair)
Page 1 05021000 Animal products; hair or bristles, of pigs, hogs or boars, and waste thereof Qty2=KGM Qty1=KG Value=NZ$ UNITED KINGDOM 2 3 378 SAMOA 20 20 131 ALL COUNTRIES TOTAL 22 23 509 05029000 Animal
More informationCHILE: A RELIABLE PARTNER FOR ASIA
CHILE: A RELIABLE PARTNER FOR ASIA I ASIA COPPER WEEK CONFERENCE November 2012 Shanghai, China HERNÁN DE SOLMINIHAC Minister of Mining Santiago de Chile Source:SERNATUR CHILE A reliable partner for Asia
More informationBADGER HAIR AND OTHER BRUSH-MAKING HAIR AND WASTE THEREOF
Page 1 05021000 PIGS', HOGS' OR BOARS' BRISTLES AND HAIR AND WASTE THEREOF NETHERLANDS - 11,400 101,140 ALL COUNTRIES TOTAL 0 11,400 101,140 05029000 BADGER HAIR AND OTHER BRUSH-MAKING HAIR AND WASTE THEREOF
More informationSummer Work Travel Season Program Dates by Country
The program dates are windows of opportunity for program participation. Within this timeframe, students are still subject to their university's official academic break schedule. Even though the window
More informationVISIT MALAYSIA YEAR. Successful Promotion: UNWTO CONFERENCE MAINSTREAMING TOURISM IN THE MEDIA. Datuk Dr. Victor Wee Chairman, Tourism Malaysia
UNWTO CONFERENCE MAINSTREAMING TOURISM IN THE MEDIA Successful Promotion: VISIT MALAYSIA YEAR 2007 Datuk Dr. Victor Wee Chairman, Tourism Malaysia 24 March 2011, Colombo, Sri Lanka WHY VISIT MALAYSIA YEAR
More informationExports of Canadian Grain and Wheat Flour
Canadian Grain Commission Commission canadienne des grain APRIL CROP YEAR - Exports of Canadian Grain and Wheat Flour 2005- - date Tonnes (millions) 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 5.0 4.5 4.0 3.5 3.0
More informationTOURISM STATISTICS ANNUAL REPORT 2012
TOURISM STATISTICS ANNUAL REPORT 2012 Published by Statistics Botswana, Private Bag 0024, Gaborone Tel: (267) 3934968 Fax: (267) 3952201/3935628 Email: info@statsbots.org.bw Website: www.cso.gov.bw February
More informationSummer Work Travel Season Program Dates by Country
Albania 1-Jul 30-Sep 3 Months Argentina 1-Dec 1-Apr 4 Months Armenia 1-Jun 31-Aug 3 Months Australia 15-Nov 8-Mar 3.5 Months Visa Waiver Country Austria 1-Jul 30-Sep 3 Months Visa Waiver Country Azerbaijan
More informationCopyrights Statistics Botswana 2016
STATISTICS BOTSWANA TOURISM STATISTICS ANNUAL REPORT 2014 Copyrights Statistics Botswana 2016 Statistics Botswana. Private Bag 0024 Botswana Tel: (267) 367 1300. Fax: (267) 395 2201.Email: info@statsbots.org.bw
More informationIII. TRADE IN COMMERCIAL SERVICES BY CATEGORY
.. TRADE IN COMMERCIAL SERVICES BY CATEGORY Transportation services China records impressive growth of world transportation services reached $750 billion in 2007, an increase of 19 per cent, following
More information% change vs. Dec ALL VISITS (000) 2,410 12% 7,550 5% 31,148 1% Spend ( million) 1,490 15% 4,370-1% 18,710 4%
HEADLINES FULL YEAR 2012 (PROVISIONAL) 1 Overall visits 31.148 million visits making 2012 the best year for inbound tourism since 2008 but not a record. 1% increase in visits on 2011 (30.798 visits) slightly
More informationInternational ISBN Agency - Range Message Printed: Apr 5, Last Change: Apr 4, 2018
978 International ISBN Agency 0-5 600-649 7-7 80-94 950-989 9900-9989 9999 979 International ISBN Agency 10-12 978-0 English language 00-19 200-227 2280-2289 229-638 6390-6398 6399000-6399999 640-647 6480000-6489999
More informationINTERNATIONAL TRAVEL AND TOURISM
INTERNATIONAL TRAVEL AND TOURISM YEAR 2014 1. INTRODUCTION This issue of the Economic and Social Indicators presents data on International Travel and Tourism for the year 2014. A brief on the compilation
More informationCountry (A - C) Local Number Toll-Free Premium Rates
Choose a number from the provided list based on the country that you re calling from. Numbers with Premium Rates are only available to Enterprise Groups that are subscribed to the BlueJeans Premium Calling
More information8th Asia's Fashion Jewellery & Accessories Fair September concludes positively
20 October 2010 Immediate Release 8th Asia's Fashion Jewellery & Accessories Fair September concludes positively Asia s Fashion Jewellery & Accessories Fair September (9FJ), which concluded on 17 September
More informationINTERNATIONAL REGISTRY IN ORGAN DONATION and TRANSPLANTATION
INTERNATIONAL REGISTRY IN ORGAN DONATION and TRANSPLANTATION www.irodat.org Final Numbers 2016 December 2017 Dear colleagues On behalf of all IRODaT staff, we are glad to present the 2016 final numbers
More informationSummer Work Travel Season Program Dates by Country
The program dates are windows of opportunity for program participation. Within this timeframe, students are still subject to their university's official academic break schedule. Even though the window
More information(A) Comparative Summary of Canadian Grain Exports (A) Comparative Summary of Canadian Grain Exports
(A) Comparative Summary of Canadian Grain Exports 3 Wheat Amber Durum Oat Barley Rye Flax Canola Soybeans Peas Corn Lentil Total, 2013 947.0 318.7 52.9 103.3 3.3 29.2 685.5 8.3 323.2 18.9 8.3 2,498.5 February,
More informationAustralia. A: Definitions and sources of data
Australia A: Definitions and sources of data Data on foreign direct investment (FDI) in Australia are reported by the Australian Bureau of Statistics (ABS). The definition of FDI is essentially in line
More information1.0 Introduction Zambia s Major Trading Partners Zambia s Major Export Markets... 4
Bank of Zambia CONTENTS 1.0 Introduction... 3 2.0 Zambia s Major Trading Partners... 3 3.0 Zambia s Major Export Markets... 4 4.0 Major Source Countries Of Zambia s Imports... 5 5.0 Direction Of Trade
More informationAn overview of Tallinn tourism trends
An overview of Tallinn tourism trends August 2015 The data is collected from Statistics Estonia, Tallinn Airport and Port of Tallinn. In August 2015, 179,338 stayed overnight in Tallinn s accommodation
More informationCost of Food at Home for a week in Alaska - March 2000
Cost of Food at Home for a week in Alaska - March 2000 Kenai Soldotna Mat-Su Bor. Portland Oregon Family of 2 (20-50 years) 58.53 95.24 87.67 103.2 57.74 62.12 65.53 60.73 78.78 65.76 92.92 70.29 85.24
More informationQRC RICE INSPECTION CELL KARACHI,LAHORE,QUETTA & TCP COUNTRY WISE POSITION OF EXPORT OF BASMATI RICE JULY, 2014 TO JUNE, 2015
QRC RICE INSPECTION CELL KARACHI,LAHORE,QUETTA & TCP COUNTRY WISE POSITION OF EXPORT OF BASMATI RICE JULY, 2014 TO JUNE, 2015 NAME OF SUPER BASMATI PARBOILED RICE BASMATI RICE BROWN RICE FOB PER COUNTRY
More informationWestern Cape Destination Performance Report: April-June 2016
Number of arrivals (millions) Western Cape Destination Performance Report: April-June 2016 Global Tourism Performance According to the United Nations World Tourism Organisation, international tourist arrivals
More informationYELLOW BOOK. World PA6 & PA66 Supply / Demand Report
YELLOW BOOK World PA6 & PA66 Supply / Demand Report 2016 WORLD PA6 & PA66 Supply/Demand Report 2016 PCI Research GmbH Holzweg 14 D-61440 Oberursel Germany Phone: 0049-6171-98909-0 Fax: 0049-6171-98909-22
More information1.0 Introduction Zambia s Major Trading Partners Zambia s Major Export Markets... 4
Bank of Zambia CONTENTS 1.0 Introduction... 3 2.0 Zambia s Major Trading Partners... 3 3.0 Zambia s Major Export Markets... 4 4.0 Major Source Countries Of Zambia s Imports... 5 5.0 Direction Of Trade
More informationMARKET REPORT. Wuhan, China Upper-Tier Hotel Market
MARKET REPORT Wuhan, China Upper-Tier Hotel Market APRIL 2018 WUHAN Upper -Tier Hotel Market Market Report - April 2018 Wuhan Introduction Wuhan Overview Wuhan is the provincial capital of Hubei province,
More informationROMANIA. Table 1. FDI flows in the host economy, by geographical origin. (Millions of US dollars)
Table 1. FDI flows in the host economy, by geographical origin World.... 2 196 6 435 6 485 11 333 9 928 13 910 4 843 2 939 2 522 2 746 Developed economies.... 1 521 5 361 6 309 11 445 9 136 13 422 4 812
More informationCUSTOMER SERVICE EXTERNAL AWARDS
CUSTOMER SERVICE EXTERNAL AWARDS FY 2017 Global Customer Service DHL EXPRESS 1 27 CS AWARDS IN AMERICAS Argentina Silver - Front-Line Customer Service Team of the Year - Other Service Industries Silver
More informationICCA & the International Association Meetings ICCA-JNTO-JTA Bid Workshop 2013
ICCA & the International Association Meetings ICCA-JNTO-JTA Bid Workshop 2013 Asia continues to be one of the most dynamic meetings regions in the world, and has continued to grow and develop throughout
More information2012 Coach & Charter Seminar. 21 February 2012 Presented by Amanda Coghlan Strategic Insights Analyst
2012 Coach & Charter Seminar 21 February 2012 Presented by Amanda Coghlan Strategic Insights Analyst Destination NSW Lead Government agency for the NSW tourism and events sectors Established as a statutory
More informationTOOLS, TOOL BODIES, TOOL HANDLES, BROOM OR BRUSH BODIES AND HANDLES, OF WOOD; BOOT OR SHOE LASTS AND TREES OF WOOD
Page 1 05029000 BADGER HAIR AND OTHER BRUSH-MAKING HAIR AND WASTE THEREOF Qty2= Qty1=KG Value=HKD THE MAINLAND OF CHINA - 58,349 73,579,151 ALL COUNTRIES TOTAL 0 58,349 73,579,151 44170000 TOOLS, TOOL
More informationTourism Trends and Outlook
Tourism Trends and Outlook 9 th UNWTO/PATA Forum Tourism and the experience economy Guilin, China 19-21 October 2015 John G.C. Kester Director Tourism Market Trends Programme The World Tourism Organization
More informationWhat we have in 2009?
Academic Ranking of World Universities 2009 Dr. Ying CHENG & Prof. Nian Cai LIU Center for World Class Universities Graduate Schoolofof Education Shanghai Jiao Tong University Third International Conference
More informationSummer Work Travel 2019 Season Program Dates by Country For External Use - Updated 11/13/2018
The program dates are windows of opportunity for program participation. Within this timeframe, students are still subject to their university's official academic break schedule. Even though the window
More informationCountry (A - C) Local Number Toll-Free Premium Rates
Choose a number from the provided list based on the country that you re calling from. Numbers with Premium Rates are only available to Enterprise Groups that are subscribed to the BlueJeans Premium Calling
More informationSTATISTICS AT A GLANCE
POST SHOW REPORT STATISTICS AT A GLANCE QUICK STATS 18% of attendees were Utility/IPP s 30% of attendees were General / Corporate Managers 15% of attendees were interested in Natural Gas 50% of attendees
More informationPATA Strategic Intelligence Centre. Tsunami Recovery Update. Wednesday June 22, 2005
PATA Strategic Intelligence Centre Tsunami Recovery Update Wednesday June 22, 2005 Page 1 of 6 Y-T-D Inbound (Source: Relevant NTOs, Airport Authorities) Year Destination Period 2004 2005 Change The Americas
More informationAfrica at a glance. Annual real GDP growth ( average): 4.97% Official development assistance (2010): $48 billion
Africa at a glance Population (212): 1,38 million Annual real GDP growth (25-212 average): 4.97% Official development assistance (21): $48 billion Net foreign direct investment (211): $43 billion Sources:
More informationGlobal Travel Trends 2005
Preliminary World Travel Monitor Results from IPK international for the ITB Berlin Message, 03/10/06 Global Travel Trends 2005 Based on the new data from the 2005 World Travel Monitor, and as it does every
More informationDOMESTIC AND FOREIGN DIRECT INVESTMENT REALIZATION IN QUARTER I 2018
DOMESTIC AND FOREIGN DIRECT INVESTMENT REALIZATION IN QUARTER I 2018 Jakarta, 30 th April 2018 Indonesia Investment Coordinating Board LIST OF CONTENTS I. QUARTER I 2018: In Comparison with 2017 II. QUARTER
More informationMaximizing Economic Benefits of Aviation in the Region
Maximizing Economic Benefits of Aviation in the Region Boubacar Djibo Director, Air Transport Bureau, ICAO Georgetown, Guyana 21 November 2018 Preamble. THEREFORE, the undersigned governments having agreed
More information