LOGISTICS & TRANSPORT
GENEVA: Global air passenger traffic jumped 6.5 percent in 2015 compared to a year earlier, boosted largely by lower airfares, IATA said Thursday. "Last year's very strong performance, against a weaker economic backdrop, confirms the strong demand for aviation connectivity," said Tony Tyler, head of the International Air Transport Association (IATA).
5 Feb 2016
MARKETING & MEDIA
Facebook hosted a roundtable with small and medium sized enterprises from Ghana and Nigeria on Tuesday this week as part of its effort to support entrepreneurship in West Africa. The session focused on how Facebook can help small businesses reach exactly the right customers - for less money and with greater returns.
5 Feb 2016
TOURISM, TRAVEL & HOSPITALITY
In 2008, the global hotel industry was worth $447 billion dollars. It experienced a dip in 2009 decreasing significantly to $395 billion dollars, but grew again from 2010. It has experienced exponential growth since then. Early predictions for 2016 forecasts a global revenue of $550 billion dollars at year's end.
By Michelle Mangan 3 Feb 2016