Air India
Air India announced that it is extending its 10% commission offer to travel agents for another month, to March 31. The commission applies to all executive and first class bookings to India from New York JFK and Newark EWR airports and Chicago ORD airport. The 10% commission replaces Air India's standard 4% commission, which is available on all other bookings. The 10% commission coincides with Air India's current companion fare offering for executive and first class passengers flying via the same three airports. Travelers who purchase a roundtrip ticket to Mumbai BOM or Delhi DEL in either of these two classes at the regular fare can get a 50% discount on a second, same-class ticket for a companion. Tickets must be purchased by March 31. Mar 3, 2009
Cathay Pacific
Cathay Pacific has decided to reward hard-working travel agents with a special incentive at a time when many airlines are cutting back. From now until April 30, travel agents will earn double miles for every qualifying business or first class ticket sold for travel originating from the U.S. (San Francisco, Los Angeles and New York) to Hong Kong when their client's outbound departure dates are between March 1 and April 30, inclusive. Mar 3, 2009
Qantas Airways
Qantas has launched Qantas Business Essentials, a new online business travel management system. Mr. Wally Mariani, Qantas Airways senior executive vice president, The Americas and Pacific, said the customized booking tool had been specifically designed to help small to medium-sized enterprises (SME) manage their travel needs and monitor travel spend. Mar 6, 2009
Singapore
As the world enters a period of deglobalization, Singapore is a window into the reversal of the forces that brought unprecedented global mobility to goods, services, investment and labor. With world trade plummeting for the first time since 1982, the long-bustling port has become a maritime parking lot in recent weeks, with rows of idled freighters from Asia, Europe, the U.S., South America, Africa and the Middle East stretching for miles along the coast. Thousands of foreign workers, including London School of Economics graduates with six-digit salaries and desperately poor Bangladeshi factory workers, are streaming home as the economy here suffers the worst of the recessions in Southeast Asia. Singapore is an epicenter of what analysts call a new flow of reverse migration away from hard-hit, globalized economies, including Dubai and Britain, that were once beacons for foreign labor. Economists from Credit Suisse predict an exodus of 200,000 foreigners -- or one in every 15 workers here -- by the end of 2010. Mar 5, 2009
Singapore
Singapore suffered a 12.9 percent drop in visitor arrivals in January from a year ago as the global downturn and a sharp economic slowdown in Asia hurt tourism. The fall in visitors comes at a time when Singapore is trying to boost tourism, with two multi-billion dollar casino-resorts containing thousands of hotel rooms scheduled to open by the middle of next year. The Singapore Tourism Board said in a statement that the city-state received 771,000 visitors last month compared with 885,000 in January 2008 and down from 888,000 in December 2008. The largest number of visitors came from Indonesia, China and Australia. The tourism authority also said the average hotel room rate in Singapore fell 11.7 percent to SGD$209 (USD$135) in January from a year ago, while hotel occupancy dropped to 67 percent from 85 percent a year earlier.
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