Revenue

Somerset Council discusses Rocky Hollow, potential sports tourism | news

Somerset City Council discussed changes at Rocky Hollow Park, potential sports tourism and changes in the current fiscal year’s budget at Monday’s council meeting. Council member Robin Daughetee told the council he had gotten a call from Steve Fischer about the construction at the new playground near the Main Street entrance to Rocky Hollow Park. …

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Travel and Tourism Industry Recovering To Pre-Pandemic Levels

It seems that the global travel and tourism industry is finally seeing its long-awaited post-pandemic rebound as it emerges from a two-year slump, the likes of which the sector had never seen before. Although, lest we forget, its recovery remains susceptible to volatile factors like new COVID-19 variants, the global economy and Russia’s war still …

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Hotel rates surge as revenue in hospitality sector begins to bounce back

Hotel rates are surging after travel roared back this summer. A room at Toronto’s Annex Hotel costs on average $250 before the pandemic. Well, it’s $300. “We saw a healthy rebound in normal guest behavior during the second quarter, as more people decided to travel into the city,” said Ryan Killeen, chief operating officer at …

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Ministry of Tourism drives Thai tourism to stimulate new phase economy

Manu Leopairote, Chairman, Information Markets – Thailand; the organizer said that Food & Hospitality Thailand 2022 has been further extended from Food & Hotel Thailand which had been continually organized for over 27 years, therefore, organizing this event once again after the Covid-19 pandemic is considered so important. Food & Hospitality Thailand 2022 this year …

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Tourism ‘near to pre-Covid level’

Tourists crowd Yaowarat Road, Bangkok, on Sept 17. (Photo: Wichan Charoenkiatpakul) Tourism is bouncing back close to pre-Covid 19 levels, with at least 10 million international tourist arrivals targeted this year, said government spokesman Anucha Burapachaisri. Five million foreign tourists have arrived in Thailand since the beginning of the year. So far this month, one …

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Spotsylvania EDA approves ‘gap’ loan for Kalahari water park | Local News

The Spotsylvania County Economic Development Authority on Thursday recommended approval of a change to the county’s agreement with the company that plans to build a water park in Thornburg. The authority, which has seven members appointed by the Board of Supervisors, held a special meeting regarding financing the Kalahari Resorts & Conventions project through the …

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Chickasaw Motor Inn purchase marked the start of modern business era | Local News

SULPHUR, Okla. — A half-century ago, the Chickasaw Nation entered the hospitality business with a stroke of a pen, signifying the genesis of many successful economic ventures and self-sufficiency for its people. The acquisition of the 72-unit Artesian Motor Hotel, Sept. 1, 1972, marked the first business owned and operated by the Chickasaw Nation. It …

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Wonderla returns to profitability; to focus on increasing non-ticket revenue

After a two-year Covid-induced hiatus, which affected all players, Wonderla Holidays Limitedreported a strong performance in its latest quarter, reporting a three fold rise in revenue to ₹152.3 crore, compared to the previous quarter. After six consecutive quarters of reporting losses, Wonderla also reported a net profit of ₹68.2 crore in the latest ending 30 …

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Committees discuss mental health in schools, personal income tax, organized retail theft | opinion

With only three months left of the interim, legislators continue to discuss possible legislation for the upcoming 2023 session. We worked on the details on legislation in a special session this week to provide relief to the victims of the Eastern Kentucky flooding. While that has been a priority, multiple interim joint committees met this …

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