Airline Financial Outlook Strengthens
$12.9B Global Net Profit Expected in 2013
Winters dark nights are for more than just regular dreaming: Theyre for conjuring up pleasant images of that satisfying cold-weather escape we all envision. But just where are Americans winter travel dreams landing these days?
Airlines for America (A4A) today released its 2013-2014 Winter Holiday Air Travel Forecast, projecting 44.3 million customers will fly on U.S. airlines during the 21-day period from Monday, Dec. 16 through Sunday, Jan. 5, an increase of approximately 2 percent or 41,000 daily travelers.
In the first nine months of 2013, international tourism grew by 5% according to the latest UNWTO World Tourism Barometer. The number of international tourist arrivals reported by destinations around the world increased by some 41 million between January and September, growing above UNWTOs initial forecast and creating an important stimulus to the receiving economies.
The Upper Midscale segment is projected to open the most rooms for the remainder of 2013 (510 rooms in three hotels), followed by the Midscale segment (358 rooms in two hotels) and the Upscale segment (290 rooms in three hotels).