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Archive for May, 2012

Zimbabwe Mines Minister’s US Travel Ban Lifted for Kimberley Meeting May 31

The United States has temporarily lifted travel bans against Zimbabwean Mines Minister, Obert Mpofu and officials from the state-run Zimbabwe Mining Development Corporation, allowing them to travel to Washington for a crucial Kimberley Process intersessional meeting.

The U.S. is hosting the meeting where participants will focus on proposals to change the definition of blood diamonds, among other issues. The U.S. holds the Kimberley Process chairmanship through 2012.

Mpofu told VOA his delegation is not interested in debating human rights.

He accused nations like the U.S. of trying to frustrate Zimbabwe by blocking its diamonds from the Marange fields in Manicaland, from reaching lucrative international markets.

“We are not going to be party to those discussions at all,” said Mpofu. “Our message is clear that Zimbabwe is a founding member of the Kimberley Process and those who want to get rid of us can do so at the peril of the organization.”

Recently, Ambassador Gillian Milovanovic, the Kimberley Process chair, said there was an urgent need to modernize the functions of the diamond watchdog, adding the term conflict diamonds must accurately reflect today’s concerns where governments and not rebels, are abusing people’s rights.

“We cannot be everything to everyone and our role is to cover the rough distribution process,” she said. “The term conflict diamonds must accurately reflect today’s concerns as it did in 2002 when the Kimberley Process was being formed.”

But countries like Zimbabwe, which have been accused of abusing the rights of individuals and illegal miners in Marange, are opposing the move to change the definition.

Mpofu says the new proposals are meant to stop countries like Zimbabwe from benefiting from their resources.

Kimberley Process local focal point person Shamiso Mtisi says his team will push for changes and transparency within the diamond watchdog group.

“There’s lack of transparency in the Kimberley Process and we want this to change,” said Mtisi.

“But more importantly for us as Zimbabweans, we want the definition of blood diamond to be changed to reflect the times that we are living in. I know there are many people against it but it has to be done.”

The three-day meeting in Washington starts June 4. Participants will discuss a range of topics related to the mining and trading of conflict-free rough diamonds.

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Next 1 Engages M80 To Launch Innovative Online "CONNEXT1" Travel Industry … May 31

/PRNewswire/ – Next 1 Interactive, Inc., (OTCBB: NXOID), through its wholly-owned travel subsidiaries, Maupintour and NextTrip, today announced that it has engaged M80, a division of WPP plc., which places approximately 25% of all  advertising in the U.S., to assist in the implementation of its “CONNEXT1″ proprietary travel industry video advertising program.   This innovative program will capitalize on Maupintour’s significant, long-term travel industry relationships and Next Trip’s extensive travel video library to specifically target online travel-researching consumers. The “CONNEXT1″ program will monitor over 75 million traveling consumers and will provide targeted video advertising opportunities for travel industry specialists such as tourism boards, large travel related advertisers and other large general market advertisers.

“CONNEXT1″ will utilize state-of-the-art technology, that identifies targeted video advertising opportunities based on individual and multimedia travel search information.  These video clips are strengthened by offers and calls to action to purchase relevant travel related products and services.  M80 specializes in the implementation of Social Media-generated information and will provide ongoing program support for the strategy, content distribution, optimization, and response analytics involved.

Maupintour  expects the new program to increase both tour bookings and cooperative travel marketing budgets with its key travel partners.  

Doug Checkeris, former CEO of MediaCom, will oversee the implementation of this new program. Doug’s industry expertise has allowed Maupintour to team up with the leading video and media specialists, led by M80, to create the unique “CONNEXT1″ video advertising solution.

“The “CONNEXT1″ solution is a dramatic contrast to virtually all traditional marketing programs that count on mass marketing reach to capture a small, interested audience.  It will not only provide consumers access to the product they want, when they want it, but will do so with video clips that  connect key travel suppliers with the specific audience they desire to reach.  It is very exciting to be working with M80,” said Bill Kerby, CEO of Next 1 Interactive.  “We look forward to benefiting from the years of media experience that Doug Checkeris will bring as he directs the path that will enable our key relationships to benefit from this unique technology.”

About Next 1 Interactive, Inc.

Next 1 Interactive, Inc. (NXOI) is a multi faceted media company specializing in Travel and Real Estate. Next 1 plans the delivery of targeted content via multiple digital platforms including Cable, web, Broadband and Mobile. In today’s digital market Next 1 delivers information and entertainment to consumers. The company business plan calls for multiple revenue streams from real estate and travel content delivery including transactional commissions, referral fees, advertising and sponsorship. The multiple revenue streams and integrated media platforms allow for the delivery of measurable return on investment to its advertisers, sponsors and business partners.

Safe Harbor Statement This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

Contact:

Next 1 Interactive, Inc. Direct: 954-888-9779 investorrelations@nxoi.com

SOURCE Next 1 Interactive, Inc.

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Poland improves train travel options for Euro 2012 May 31

The Associated Press

WARSAW, Poland — People traveling in Poland during next month’s Euro 2012 football championship will be able to check train schedules and buy tickets online.



A new local train that will carry Euro 2012 football fans between Warsaw’s Frederic Chopin airport, the city center and the National Stadium, where the tournament will kick off June 8, was inaugurated in Warsaw, Poland on Thursday, May 31, 2012, and is seen here in the Central station. Poland has taken huge strides to upgrade its travel infrastructure and facilities for the hundreds of thosands of foreign and Polish fans expected for the tournament, co-hosted with neighboring Ukraine, and held in the Polish cities of Warsaw, Wroclaw, Poznan and Gdansk, and will run through July 1. (AP Photo/Czarek Sokolowski)




A new local train that will carry Euro 2012 football fans between Warsaw’s Frederic Chopin airport, the city center and the National Stadium, where the tournament will kick off June 8, was inaugurated in Warsaw, Poland on Thursday, May 31, 2012, and is seen here in the Central station. Poland has taken huge strides to upgrade its travel infrastructure and facilities for the hundreds of thousands of foreign and Polish fans expected for the tournament, co-hosted with neighboring Ukraine, and held in the cities of Warsaw, Wroclaw, Poznan and Gdansk, and will run through July 1. (AP Photo/Czarek Sokolowski)


Transport Minister Slawomir Nowak said Thursday that people will be able to do that on their computers or cellphones with Bluetooth and get encoded tickets that make paper ones unnecessary. The procedure will be available at stations in tournament’s four cities: Warsaw, Wroclaw, Gdansk, Poznan and also in Renaissance Krakow, which is popular with foreign tourists.

A website in Polish, English and Russian, kolejna2012.pl, will help them use the system and offer other travel guidance, including for the handicapped.

At a cost of 90 billion zlotys ($25.5 billion; euros 20.5 billion), Poland has upgraded its roads, travel facilities, hotels and stadiums for the three weeks of the tournament.

A special train connection opened Thursday linking Warsaw’s Frederic Chopin airport, the city center and the National Stadium, where the tournament, co-hosted by Ukraine, will kick off June 8 with a Poland-Greece match.

To help ease intensified air traffic during the games, an alternative airport in nearby Modlin will serve as backup for chartered flights, provided it gets all the necessary certificates in time, said Modlin airport spokeswoman Edyta Mikolajczyk.

Modernized and refurbished, Modlin is currently receiving small planes and Ryanair is to be the first commercial airline to fly to Modlin on July 16 .

___

May 31, 2012 12:06 PM EDT

Copyright 2012, The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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One Cards in the Corporate Travel Arena: More Than Just a Single Piece of Plastic May 31

The NAPCP’s upcoming Corporate Travel Card workshop and regional meeting in San Francisco will explore purchase-to-pay best practices for travel entertainment expenses, including considerations for adopting and maintaining a One Card program.

Minnetonka, MN (PRWEB) May 31, 2012

Increasingly, Purchasing Card program managers are finding themselves tasked with managing card programs and electronic payments for both purchasing- and travel-related expenses. The National Association of Purchasing Card Professionals (NAPCP)—in an ongoing effort to broaden its educational offerings—announces two events at the San Francisco Marriott Marquis: a new, two-day intensive workshop on Optimizing Your Corporate Travel Card Program (August 20-21, 2012) and a one-day San Francisco Regional Forum (August 22, 2012). Up for discussion is the adoption of One Card programs.

Lynn Larson, NAPCP Education Manager, observes, “One Cards bring a mix of purchase types together within one program—most often “P-Card-like” purchases (i.e., goods and services), travel and entertainment (TE) expenses, and (possibly) fleet-related expenses. An organization can provide one piece of plastic to an employee who travels AND purchases goods/services. But there are additional drivers, beyond simple convenience for cardholders, which fuel the debate surrounding One Cards. Some organizations favor One Cards for the reported efficiencies and other benefits, while others oppose them for various reasons, such as the corporate liability aspect.”

To explore the topic further, the NAPCP expanded its online educational content for One Card programs, available to NAPCP members and, for a limited time, complimentary subscribers (http://www.napcp.org/JoinNow). New webpages and related resources uncover key considerations for a One Card program, including:

  • definition and characteristics
  • potential benefits and drawbacks
  • the liability debate (corporate liability for a One Card program vs. individual liability for a traditional Corporate [Travel] Card program commonly used for TE expenses)
  • tax compliance
  • questions to aid the decision in moving to a One Card program

Also of interest are the results of a recent NAPCP poll (open to NAPCP members and complimentary subscribers), “What is Your Organization’s Experience with One Card Programs?” that show the top five drivers for implementing One Cards. Curiously, poll results show that many organizations with One Card programs may not know what percentage of cardholders actually use the cards for both types of purchases (goods/services and TE). “This represents a program management improvement opportunity,” urges Larson. “Ensuring meaningful overlap between employees who require Corporate Travel Cards and those who require Purchasing Cards and/or Fleet Cards is critical to supporting the business case for a One Card program.”

About the National Association of Purchasing Card Professionals (NAPCP)

The National Association of Purchasing Card Professionals (NAPCP) is a membership-based professional association committed to advancing Commercial Card and payment professionals and industry practices worldwide. The NAPCP is a respected voice in the industry, serving as an impartial resource for members at all experience levels in the public and private sectors. The NAPCP provides unmatched opportunities for continuing education and peer networking through its Annual Conference, Regional Forums, webinars, website, newsletters and weekly communication. The association sponsors research and publishes timely and relevant white papers, survey results and other documents. The NAPCP certifies professionals through the Certified Purchasing Card Professional (CPCP) credential program (http://www.napcp.org/cpcp). Please visit http://www.napcp.org to learn more about Commercial Card and payment programs in general, the value of membership, current member demographics, upcoming events and benefits of becoming a year-round partner sponsor.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/5/prweb9559884.htm

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Get Travel Deals Without Flooding Your Inbox May 31

Like most savvy travelers, I look to take advantage of flash sales, special offers, coupon codes and well-priced travel specials and bundles. Navigating the Internet for great deals can be both exhausting and invigorating! With so many great sites out there — including air carriers, hotel sites and wholesalers — I’ve been using a great tactic for the past few months and I’m sharing my wisdom with my followers.

Set up an alternative email address and dedicate it to travel savings. When joining hotel loyalty programs, registering for sites that send emails about discount travel offers or sites that send reminders about cruise sales, it’s a great idea to provide the site with an email address that you’ve dedicated to travel savings. This way, when you are comparing or compiling your information, you can sort the emails in folders dedicated to air, land, cruise, package or theme parks. Use this and only this email for your travel plans.

Then go even go a step further. If you’re a reviewer on sites like www.tripadvisor.com, www.cruisecritic.com or www.familyvacationcritic.com, use this email as your contact. This keeps your contact information a bit more private and can allow more discreet communication with other reviewers.

In addition to organization, a secondary email allows a primary email address to not be flooded with advertising. It is fair game in the email marketing world: Marketers share email addresses, so if an alternative one is provided, it’s a smaller nuisance than a primary email to clear out spam.

By using an alternative email, when you’re ready to sit down and research and have the time to devote to reading through emails, your travel offers will be there waiting. I have effectively used this strategy, and it works for me.

One of my favorite email notification sites is the Fare Predictor on www.bing.com. I’ve had emails sent to this secondary address when fares drop, and it’s a great alert system.

Furthermore, sites like www.priceline.com are also worth a try. I’ve had great success with rental car offers with this site. And, by using this alternative email, my smart phone is not clogged up with emails if and when my offer is accepted.

Even in the trip-planning process this strategy is a help. If online travel specialists are emailing offers or estimates, this is another way to keep things simple. You can check this alternative email address when you have the time to devote to examining savings and sorting through offers and sales.

There are great travel deals out there. Staying organized and keeping a handle on offers and savings will ensure the best deal. Happy travels!

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Oda’s staff silent on travel expense changes May 31

International Cooperation Minister Bev Oda’s office is refusing to say whether she has paid taxpayers back for any inappropriate travel costs in addition to the lavish hotel and chauffeured car she expensed for a trip to London last summer.

Oda’s office also won’t say why travel expenses for trips to Haiti, Korea and East Africa over the last year have been amended on her department’s proactive disclosure website.

Oda, who is the MP for the Ontario riding of Durham, is in charge of the Canadian International Development Agency.

There could be acceptable reasons why the airfare, meal and other expenses were changed from the original amounts, but Oda’s office won’t provide any details.

Stephanie Rea, Oda’s director of communications, acknowledges that past expense claims were recently reviewed and amended, “in the interest of accountability,” but won’t explain why or what exactly was changed.

The refusal to provide information comes in the wake of last month’s controversy when details emerged about Oda charging taxpayers with a stay at the swanky Savoy hotel in London last June. The room cost more than $600 per night.

Oda was originally supposed to stay at the hotel that was hosting the conference she was attending, but upon arrival in London she booked a room at the Savoy instead. Oda also billed taxpayers about $1,000 per day for a car and driver to transport her to the conference, a short cab ride away from the Savoy.

When the Canadian Press broke the story, Oda said she had nothing to be embarrassed about — but wouldn’t explain why she switched hotels. Her office said all Treasury Board guidelines were followed.

Oda paid back $2,671.45 for car and driver

The minister then backtracked on April 24 and offered an apology in the House of Commons. She said the expenses were “unacceptable” and should never have been charged to taxpayers. She personally paid back $1,353.81 to cover the tab for the difference in cost between the two hotels, a cancellation fee, and a $16 orange juice from the Savoy.

But opposition MPs demanded she also cover the costs of the car and driver, since they were directly related to the change in hotels. Oda’s office said she would pay back the added transportation cost, but didn’t provide an amount.

CBC News has confirmed that amount was $2,671.45, bringing the total amount of Oda’s reimbursement to $4,025.26.

When asked if Oda has repaid taxpayers for any other trips that she originally filed expense claims for, Rea responded that all of her expenses are disclosed through proactive disclosure and that no further information could be provided.

International Cooperation Minister Bev Oda took a trip to Haiti in January. The proactive disclosure page of her department’s website shows expenses for the trip were changed from the original amounts but her office won’t say why or how. (Canadian International Development Agency)

Proactive disclosure is a policy that, according to Treasury Board, is meant to enhance transparency and oversight of public resources. One of its measures is the mandatory publication on departmental web sites of travel and hospitality expenses.

The limited information that is posted online does not indicate whether Oda personally paid for any portions of any of her trips.

Rea was asked repeatedly over the course of several weeks whether Oda has repaid taxpayers for any expenses that she originally claimed, in addition to the London trip, and to explain why entries on the proactive disclosure pages for several of Oda’s other trips have been amended.

Expenses “re-examined”

She refused to answer the questions. “At this time, all I can say is that all expenses were re-examined, all in the interest of accountability,” she wrote in an email.

“I apologize, but I’m sticking with my answer,” Rea said in a follow-up phone conversation.

The proactive disclosure section of Oda’s department website shows expenses for the following trips have been amended:

  • Meal expenses for Oda, Rea, and one of Oda’s policy advisors, Alayna Johnson, were amended for a trip to Haiti in January. The total cost of the trip for all three people was $10,034.34.
  • “Other expenses” filed for Oda’s trip to Korea in late November and early December were amended. Johnson’s expenses for transportation, accommodation, meals and “other expenses” were also amended. The total cost of the trip for Oda and Johnson was $15,166.32
  • Oda, her executive assistant Clarissa Lamb and Johnson travelled to Kenya and Sudan last July and their airfare expenses have been amended. They each spent around $9,000 according to the most recent posting. Total expenses for the trip were $32,799.21. That includes $523 in airfare that Johnson spent for an “urgent return” from Calgary so that she could go with Oda to East Africa.

The London trip was not the first time Oda paid taxpayers back. In 2006, she used limousines to ferry her to and from the Juno Awards ceremony in Halifax, racking up $5,475 in bills. When the expenses were criticized in the House of Commons, she said she had reimbursed the taxpayer $2,200 of the bill.

A year later, Oda billed taxpayers more than $1,200 for another limousine ride that took her to both a government event and a party.

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Traveling 4 Health and Retirement Announces Expat Eduardo Saverin Lifestyle Choice May 31

Eduardo Saverin Expatriate Living Announced in Traveling 4 Health and Retirement

Recent flagship repositioning with Facebook co-founder Eduardo Saverin signals the trends with personal reevaluation with recourses in travel and international living. Traveling4Health and Retirement (THR) advocates the healthful and opportune choices available in destination travel, medical tourism, and retirement locations worldwide.

Seattle, WA (PRWEB) May 31, 2012

Expatriate Eduardo Saverin Announces International Living is a Lifestyle. Traveling 4 Health and Retirement (THR) advocates the healthful choices and holistic alternatives available for baby boomers, expats, and travelers in global destination travel.

Expatriate relocation to new international living destination locations signal the shift in perceptions about destination travel as a first-step in exercising the freedom to live “where you want, when you want”.

Expatriates and journeyers searching options to quell increasing costs of living or to keep more of what they’ve earned acknowledge international living is a fresh alternative to domestic traditions of lifestyle and travel.

World traveling with travelers such as Eduardo Saverin and his recent departure from the United States mirrors sentiment of how destination travel can propel travelers into healthier and fiducially grounded economic living.

Traveling4HealthRetirement acknowledges travel is the destination of the joie de vivre in heart. Traveling4HealthRetirement presents the opportunities in vacationing, medical tourism, and destination travel for expatriates, world travelers, and the vibrant in thought and mind.

Self-made entrepreneur and co-founder of Facebook, Eduardo Saverin departed America to fulfill a greater lifestyle with new home destination Singapore. The separation touted as a decision for taxation privileges, Saverin selected an alternative to the increasing query of living internationally healthfully and enjoyably. International travel is a purposeful endeavor inviting opportunity to experience world culture and world environ free of frivolity stigma.

Saverin gave up U.S. citizenship in September amidst declining IPO valuation with Facebook shares. However spokesperson representative Sabrina Strauss provided a preparative professional insight.

“Eduardo recently found it more practical to become a resident of Singapore since he plans to live there for an indefinite period of time,” Strauss shared in publicly written statement. “He plans to invest in Brazilian and global companies that have strong interests in entering the Asian markets. Accordingly, it made the most sense for him to use Singapore as a home base.”

Traveling to alternative destinations is not a curative for the wealthy or famous. Decision for relocation is prenominate when travel preparation and tourism is an endeavor. Eduardo Saverin, his announcement, and the opportunity to explore newer directions with overseas living expunges the extemporal sentiments about durative costs in affordable travel.

The THR International Health Blog shares timely informative answers for the traveler and overseas journeyer. There are options for every traveler and culture seeker – traveling for health and retirement is at every searcher’s fingertips.

“The truth is that the U.S. doesn’t stack up to be a very economical or thriving place to live for the young or the old,” notes Traveling4HealthRetirement.

“Certainly economic restraints can mask one’s potential in life. There is a tendency to see the wealthy, like Saverin, and famous people as having “all” the choices in life, but that perspective is flawed” shares Ilene Little, radio personality and talk host of program, “Know Before You Go,” on Overseas Radio Network.

“It’s much easier and less expensive for a person of average means than the wealthy to live with less personal restrictions and experience greater privacy,” explains Ilene Little, “So, the ‘poor me’ attitude can be discarded by those who wish to do so.”

Life is an adventure. Shrinking from a healthy and affordable lifestyle is not the cinema verite of today’s baby boomers and world travelers. Saverin’s experience depicts the recapturing spirit of enjoyable and holistically conscious travel.

The definitive resource in global health, destination locations and international lifestyle, Traveling4HealthRetirement presents the advancements and empowering developments in vacationing, retirement and destination travel abroad. Travelers, medical professionals, and people desiring to learn more about Traveling4HealthRetirement’s growing user community and health providers may visit Traveling4HealthRetirement at http://www.Traveling4Health.com. Persons or care providers interested in becoming a member with Traveling4HealthRetirement’s online community should contact Ilene Little at +1.888.844.1005; Fax: +1.888.844.1005; Skype at Ilene.Little for additional information.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/5/prweb9553532.htm

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Thomas Cook sees Grexit boosting travel industry May 31


LONDON |
Thu May 31, 2012 6:35am EDT

LONDON (Reuters) – British tour operator Thomas Cook expects a surge in bookings to Greece if it leaves the euro zone as holidays to the Mediterranean nation would become better value for hard-pressed travellers.

“If Greece exits (the euro), for the tourism industry it could be very profitable,” interim chief executive Sam Weihagen said after the company posted a steep first-half loss on Thursday.

“Most probably holidays to Greece will be more profitable for holidaymakers than they are today and places like Spain could lose competitiveness,” he told reporters.

The 171-year-old travel group said summer bookings to Greece from Germany were down around 20 percent year-on-year but that bookings from elsewhere to the crisis-hit nation had held up.

Tourism is a vital source of income for Greece, accounting for about a fifth of gross domestic product. The outcome of an election next month will likely decide whether Greece remains in the euro.

Debt-laden Thomas Cook (TCG.L) posted a pretax loss of 328.3 million pounds for the six months to the end of March, some 40 percent wider than the loss it reported in the same period a year ago. Its revenues rose 2.4 percent to 3.51 billion pounds.

The company, which had already revealed losses of 263 million pounds for the winter season, secured a 1.4 billion pound rescue package from its lenders earlier this month. It said on Thursday its turnaround plans were making good progress and that bookings had picked up in recent months.

The tour operator has been hit hard by tough trading conditions, especially in Britain where its core customer base of families with young children has been particularly affected by the economic downturn. It has also been hit by unrest in popular destinations such as Egypt, Tunisia and Morocco.

The world’s oldest travel group continues to expect this year to be challenging given the economic backdrop and difficult trading environment, particularly in North America and France. It said its full-year performance would be dependent on how well it performs in the late bookings market.

Thomas Cook shares, which have lost around 90 percent of their value in the last year, were 11.11 percent down at 18 pence by 0913 GMT, valuing the business at around 170 million pounds.

“Thomas Cook’s results reflect higher seasonal losses from acquisitions and underperforming regions. The future of the group had been questioned in 2011, but we were confident of its survival, hence our ‘buy’,” said Investec analyst James Hollins.

The company said year-on-year UK bookings were up 5 percent over the last four weeks but that demand from British corporate clients for Olympics packages had been weaker than expected.

“UK corporations are less interested in buying our Olympics packages, maybe their profits are stretched or they think they shouldn’t be buying these,” said Weihagen.

“We’re transferring a lot of them to regular customers and there is huge demand.”

Thomas Cook has made a series of disposals in recent months to reduce its 890 million pounds debt. Earlier this week shareholders overwhelmingly backed the disposal of five Spanish hotels and the sale and leaseback of part of its aircraft fleet.

It also sold its Indian business to Fairfax Financial (FFH.TO) for around $150 million this month.

The company, which last week said travel industry outsider Harriet Green would become its new chief executive, said the sales would help it to “re-energise the business and begin to rebuild profitability and reduce debt”.

TUI Travel (TT.L), the world’s biggest tour operator, recently predicted a strong performance in the key summer trading period with booking volumes well ahead of last year.

(Editing by Adveith Nair and Hans-Juergen Peters)

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Olympic Travel Leads to Surge in Travel Insurance Sales May 31

RICHMOND, Va., May 31, 2012 (BUSINESS WIRE) –
The 2012 Summer Olympics have provided a welcome boost for airlines,
hotels and other travel suppliers that will benefit from an expected
jump of more than 30 percent in the number of global travelers going to
London compared to the same period in 2011. Now it appears that travel
insurance providers are among those experiencing a strong uptick in
sales. Richmond, VA-based Allianz Global Assistance USA, the country’s
leading provider of travel insurance and travel assistance, says that
sales of travel insurance to Americans headed to London between late
July and early September are up by 36 percent compared to the previous
summer. The company also found that Allianz Travel Insurance customers
will stay in London longer than usual and one in five are using frequent
flyer miles to get there.

“Summer travel to Europe is always strong, but the 2012 London Olympics
is creating a perfect storm of potential headaches for travelers,” said
Robert Pearson, Director of Market Intelligence at Allianz Global
Assistance USA. “Unexpected illness or injury, significant airline
delays and lost or delayed baggage are some of the concerns that
consumers have when traveling and they are using travel insurance as a
strategy to mitigate those risks.”

The 36 percent uptick in sales of Allianz Travel Insurance exactly
matches an expected 36 percent increase in Americans headed to London
during the Olympics compared to those going to London last summer,
according to a study by Amadeus and Forward Keys, a travel data
intelligence firm (
http://new.amadeusblog.com/wp-content/uploads/2012/03/ForwardKeys-Olympic-whitepaper.pdf ).
That surge is expected to lead to increased pressure on travel
infrastructure which may translate to longer delays and more lost or
misdirected baggage. In addition to coverage for travel-related losses,
Allianz Global Assistance provides travelers with 24/7 emergency travel
assistance, which can help Americans navigate any medical or travel
related situation they may encounter while in London.

The company also found that their customers’ trips to London during the
Olympics will last about 26 days, which is 22 percent longer than the
average visit to London last summer. Longer stays increase the chance
that a traveler may become ill, injured or experience some other event
which may require them to file a travel insurance claim or seek
emergency travel assistance.

Allianz Travel Insurance customers are also using frequent flyer miles
to purchase their tickets to London in greater numbers than usual. The
percentage of travelers using frequent flyer miles to travel to London
during the Olympics is 20 percent, compared to 14 percent who used their
miles last summer. Many airlines may charge up to $150 per ticket to
redeposit frequent flyer miles when a customer changes their plans.
Allianz Travel Insurance offers products which will cover those
redeposit fees when a customer cancels their trip for a reason covered
by their policy.

Allianz Global Assistance USA

Allianz Global Assistance USA is a leading consumer specialty insurance
and assistance company with operation centers in 29 countries. In the
United States, Allianz Global Assistance USA (AGA Service Company)
insures 13 million customers and is best known for its Allianz Travel
Insurance plans.

In addition to travel insurance, Allianz Global Assistance USA offers
event ticket protection and unique assistance services such as
international medical assistance and concierge services. The company
also serves as an outsource provider for in-bound call center services
and claims administration for health insurers, property and casualty
insurers, and credit card companies.

For more information about Allianz Global Assistance USA, please visit allianzassistance.com. To
learn more about Allianz Travel Insurance plans, please visit allianztravelinsurance.com
or Like us on Facebook at Facebook.com/AllianzTravelInsuranceUS.

Allianz Global Assistance

How can we help?

International leader in Assistance, Travel Insurance and health,
life home care services, today Allianz Global Assistance counts more
than 10,920 employees who speak 40 different languages and work
throughout the world with a network of 400,000 service providers and 180
correspondents. 250 million people, or 4% of the world’s total
population, benefit from its services, which the Group provides on all
five continents.

Allianz

Allianz is the 20th largest company in the world (Forbes
Global 2000, 2011) and 67th most valuable global brand
(Interbrand, 2011). Allianz has 151,000 employees worldwide and 76
million customers in more than 70 countries. In 2010, Allianz had
over 106.5 billion euros in revenue and over one trillion euros under
management. In the US, Allianz brands include:

* Allianz Life * Allianz Global Investors * PIMCO *
Fireman’s Fund * Euler Hermes * And now, Allianz Global
Assistance

SOURCE: Allianz Global Assistance


        Allianz Global Assistance
        Daniel Durazo, 804.673.7175
        or
        Jamie Foley
        AllianzAssistPR@MBooth.com
        or
        Tony Scida
        tscida@hodgespart.com

Copyright Business Wire 2012

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Traveling 4 Health and Retirement Announces Expat Eduardo Saverin Lifestyle Choice May 31
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It’s your money; live where you want to live!

The truth is that the U.S. doesn’t stack up to be a very economical or thriving place to live for the young or the old

Seattle, WA (PRWEB) May 31, 2012

Expatriate Eduardo Saverin Announces International Living is a Lifestyle. Traveling 4 Health and Retirement (THR) advocates the healthful choices and holistic alternatives available for baby boomers, expats, and travelers in global destination travel.

Expatriate relocation to new international living destination locations signal the shift in perceptions about destination travel as a first-step in exercising the freedom to live “where you want, when you want”.

Expatriates and journeyers searching options to quell increasing costs of living or to keep more of what they’ve earned acknowledge international living is a fresh alternative to domestic traditions of lifestyle and travel.

World traveling with travelers such as Eduardo Saverin and his recent departure from the United States mirrors sentiment of how destination travel can propel travelers into healthier and fiducially grounded economic living.

Traveling4HealthRetirement acknowledges travel is the destination of the joie de vivre in heart. Traveling4HealthRetirement presents the opportunities in vacationing, medical tourism, and destination travel for expatriates, world travelers, and the vibrant in thought and mind.

Self-made entrepreneur and co-founder of Facebook, Eduardo Saverin departed America to fulfill a greater lifestyle with new home destination Singapore. The separation touted as a decision for taxation privileges, Saverin selected an alternative to the increasing query of living internationally healthfully and enjoyably. International travel is a purposeful endeavor inviting opportunity to experience world culture and world environ free of frivolity stigma.

Saverin gave up U.S. citizenship in September amidst declining IPO valuation with Facebook shares. However spokesperson representative Sabrina Strauss provided a preparative professional insight.

“Eduardo recently found it more practical to become a resident of Singapore since he plans to live there for an indefinite period of time,” Strauss shared in publicly written statement. “He plans to invest in Brazilian and global companies that have strong interests in entering the Asian markets. Accordingly, it made the most sense for him to use Singapore as a home base.”

Traveling to alternative destinations is not a curative for the wealthy or famous. Decision for relocation is prenominate when travel preparation and tourism is an endeavor. Eduardo Saverin, his announcement, and the opportunity to explore newer directions with overseas living expunges the extemporal sentiments about durative costs in affordable travel.

The THR International Health Blog shares timely informative answers for the traveler and overseas journeyer. There are options for every traveler and culture seeker – traveling for health and retirement is at every searcher’s fingertips.

“The truth is that the U.S. doesn’t stack up to be a very economical or thriving place to live for the young or the old,” notes Traveling4HealthRetirement.

“Certainly economic restraints can mask one’s potential in life. There is a tendency to see the wealthy, like Saverin, and famous people as having “all” the choices in life, but that perspective is flawed” shares Ilene Little, radio personality and talk host of program, “Know Before You Go,” on Overseas Radio Network.

“It’s much easier and less expensive for a person of average means than the wealthy to live with less personal restrictions and experience greater privacy,” explains Ilene Little, “So, the ‘poor me’ attitude can be discarded by those who wish to do so.”

Life is an adventure. Shrinking from a healthy and affordable lifestyle is not the cinema verite of today’s baby boomers and world travelers. Saverin’s experience depicts the recapturing spirit of enjoyable and holistically conscious travel.

The definitive resource in global health, destination locations and international lifestyle, Traveling4HealthRetirement presents the advancements and empowering developments in vacationing, retirement and destination travel abroad. Travelers, medical professionals, and people desiring to learn more about Traveling4HealthRetirement’s growing user community and health providers may visit Traveling4HealthRetirement at http://www.Traveling4Health.com. Persons or care providers interested in becoming a member with Traveling4HealthRetirement’s online community should contact Ilene Little at +1.888.844.1005; Fax: +1.888.844.1005; Skype at Ilene.Little for additional information.

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