news
Press stop!
ACTE, Corporate Travel Executives
has ceased operations and will file for Chapter 7 bankruptcy.
Re-opening time
Dubai hotel operators,
cautiously optimistic, as tourists begin to trickle in.
one step at the time
Brisbane Convention & Exhibition Centre
gets the green light to reopen.
330 million jobs worldwide
European Cities Marketing
call for an open and permanent dialogue between European institutions and local destinations.
More than 300 people
ICC Sydney
launches industry leading hybrid event solutions.

RAI Amsterdam
one of first European venues to reopen without visitor number restrictions.
covid-19
Emirates airline refunds over $500m to passengers
Still over 500,000 refund requests.

Cologne ready for business events
trade fairs are indispensable as central business meeting points.
safety & Security
Ras Al Khaimah
becomes the first city in the world to be certified as safe by Bureau Veritas.
strong program
UFI, has announced that ICC Sydney is the winner
of the UFI Sustainable Development Award 2020.
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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.