All tourist activity hit bedrock bottom in the Mexican destination of Isla Mujeres as visitors were stranded inside the hotels and just a handful trickled out to the beaches. Only a few golf carts and mopeds were spotted barreling down the south end as a result of heavy showers.
Few vessels docked in with tourists from Cancun, a situation that hurt retailers across the board and generated losses among businesspeople, the Novedades de Quintana Roo newspaper reported.
Grenada’s government will earmark $5.5 million next year for tourist development, one of the main revenue sources for this tiny island nation of the Eastern Caribbean, the country’s Minister of Finance Anthony Boatswain announced.Out of that total money granted to the sector, $3.3 million will be devoted to promotion and marketing efforts, while the remainder of that lump sum will be handed over to the Ministry of Tourism to cover risks shared with the aviation industry.
One third of business travelers flew on small-time airlines in the last twelve months, especially driven by saving opportunities, according to a poll taken by the International Air Transport Association (IATA) whose research outcomes will be available later this month.Moreover, the poll reveals that 37 percent of business travelers made use of videoconferences to save both time and money.
Trapped in a financial quagmire, United Airlines (UAL) will curtail 10,000 jobs into 2004 as part of a recovery plan devised to avoid filing from Chapter 11 and with a view to post strong numbers once again in that same year, UAL chairman Glenn Tilton said.Mr. Tilton explained the overhaul scheme is mandatory in order to please U.S. federal authorities and get the green light for $1.8 billion worth of loans.
SuperClubs, the Jamaica-based hotel chain specialized in all-inclusive service, is bracing for management of fourteen new hotels until 2005, and effort that will require a 25-million-dollar investment scheme, said Victor Maniarres, the company’s vice minister of marketing and sales for Latin America.
The Inter American Development Bank (BID is the acronym in Spanish) informed it has given the green light to grant a $12 million loan aimed at buttressing a tourist and environmental management program in the archipelago of Islas de la Bahia.The money will be used to strengthen the environmental management of local coastal and marine resources, as well as to reinforce sustainable economic development on Islas de la Bahia, a major Honduran tourist project.