Good Prospects for Europe’s Travel Industry

This year there was a slight upturn in Europe’s tourism sector, which however will only slowly recover from the aftermath of the global recession next year. 2010 was a year in which Europe’s travel industry reported stable business. At the same time it must now accept that shorter trips and reduced spending have become the norm. These are the findings of the ITB World Travel Trends Report, which is based on an extract of the European Travel Monitor and forecasts by more than 50 tourism experts and scientists from around the world. The report is compiled by IPK International and commissioned by ITB Berlin.

Shangri-La to Open First Hotel in Europe on 17 December 2010

Shangri-La Hotels and Resorts will open its first hotel in Europe on 17 December 2010.

The Shangri-La Hotel, Paris, located in the French capital's prestigious 16th arrondissement, was built in 1896 as the private home of Emperor Napoleon Bonaparte's grand-nephew, Prince Roland Bonaparte.