Up in the air . . .

VIETNAM'S new-age carrier Vietjet will officially launch a direct route connecting Hanoi with Osaka (Japan) on 8 November 2018, looking to further boost tourism and trade integration between the two countries and across the region.

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International Business Destination: New Zealand

NEW ZEALAND has attracted business events that will deliver over $310 million to the #NewZealand economy.

The events were secured by Tourism New Zealand and industry over the last four years and will bring nearly 100,000 people to the country.

The result was announced at MEETINGS, New Zealand’s largest #business #tourism trade exhibition.

In Budget 2013 the government invested $34 million with Tourism New Zealand for the purpose of attracting meetings, incentives and conferences.

“We are really pleased with the significant return on investment we have made with the support of the New Zealand business events industry,” says René de Monchy, Director Trade, PR and Major Events.

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New Zealand trending as international business events destination

NEW Zealand’s business events industry collaboration, niche knowledge areas and streamlined visa entry services set the country apart as an international event destination according to a global convention management group.

Tourism New Zealand had a target to assist 60 conference bids a year. In the in 2015/16 financial year a massive 71 international bids were achieved with 72% success rate. The target was also exceeded in the previous financial year.

The Tourism New Zealand bid team is focused on promoting New Zealand as a compelling business events destination in the core markets of Australia, China, South East Asia, USA and the Global Association market.

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World spends US$1.4 trillion on international travel

THE INTERNATIONAL travel and tourism industry is now worth US$1.4 trillion, the UN has revealed.

According to the latest data from the UN’s World Tourism Organization (UNWTO), the world’s destinations generated US$1.23 trillion in income from international travellers in 2015, comprising accommodation, food and drink, entertainment, shopping and other services. This marks an increase of 3.6% year-on-year, and when added to the US$210 billion spent by international travellers on transport services, the total value of tourism exports last year rises to US$1.4 trillion, or US$4 billion a day on average.

‘Tourism is today a major category of international trade in services,’ said UNWTO secretary-general Taleb Rifai. ‘Despite a weak and slow economic recovery, spending on international tourism grew significantly in 2015, proving the sector’s relevance in stimulating economic growth, boosting exports, and creating jobs for an increasing number of economies worldwide.’

International tourism is now the world’s third-largest industry in terms of value, behind fuels and chemicals.

Growth in tourism revenues was steady across the world’s regions in 2015, with Asia Pacific, the Americas and Middle East increasing 4%, Europe growing 3%, and Africa increasing 2%.


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Picture Credit: By GDJ — https://openclipart.org/user-detail/GDJ - https://openclipart.org/detail/219677/world-flags-globe and remixes, CC0, https://commons.wikimedia.org