Brief travel trends and the global context of housing after testing, the article will focus on housing development in the economy. Taking Berlin as a case study of the different types of housing it is the economy, which in 2009 may be part of the main growth areas will be highlighted. Article offers the ultimate solution to prevent or treat the effects of recession, but it is certain that safety measures can be indicated on the does. This text accommodation providers and tourism operators, who do not know or tours to more recent data may be time to sift through some of that purpose. This is a general, brief overview and 2008, a major tourist trends subjective housing / lifestyle and budget travel offers in relation to interpretation.
- The impact of recession on the European budget travel and accommodation -
We are in the midst of a global recession. America was hit first, followed by parts of Europe. UNWTO, World Tourism Organisation, the first 8 months of 2008, published in October 2008 according to data compiled recent months, statistics and IPK (World Travel Monitoring Company) is a rapid slowdown in the growth of international arrivals showed a side of possible deterioration of pointed 0 - 2% in 2009. But there is one area that still booming, the Middle East, where development for tourism in 2008 was 17%. We visit all our businesses to be transferred there, but those of us that are operating out of Europe and to put the recession and recent travel trends remain aware of the potential impact to being, for predictions for the future and is important in making decisions.
There is no doubt that travel trends are fickle and difficult to forecast long-term forms, but they are not only useful indicator, but sometimes holiday accommodation industry has a major impact. We know that luxury travel has declined, his long flights British Airways suffered a 9% decline and a sign that luxury accommodation can be hit as well, also can be interpreted. In fact, Marriott International (Ritz-Carlton hotel chain owner) can be taken as a barometer, its third-quarter profit 28% in 2008 (Wall Street Journal Digital Network) fell from. If Niel Pedersens, supranational hotel's managing director, predicted, correctly, he hopes that "2009 hotel revenue in general will drop 20% with five-star market hardest hit" (PricewaterhouseCooper). The points by 2009 for all high-end travel and accommodation has been a very challenging year. In this context it may be important for luxury hotels and complete vacation housing sector re-strengthen and maintain their profitable business areas within the thinking of ways. More luxury and mid-range hotel providers across the board cut, for example, need to make, but it could be their current 'loyalty' to look at ways to hold on to customers and smart investment decisions at selective high-end for hoteliers. To create a method for re-housing the economy offers ways to think about branding, because it is budget accommodation that many holiday makers are looking at hard times can be.
When one looks at the big picture, development areas, holiday accommodation industry as a whole may arise well after the impact the recession may be over. We do not know the recession of 1993, the budget hotel business really recession (PricewaterhouseCooper) continued to grow during. Also, between 2000-2002 recession, the only budget hotel in the extrapolated data, the period (PricewaterhouseCooper) have experienced growth during the increase.
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