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Mumbai: Global travel company The Travel Corp (TTC) has announced the appointment of Nicholas Lim as chief executive officer, effective 16 August. As the CEO of the company, Lim will focus on the transformation of TTC’s distribution of key brands and report to TTC president Gavin Tollman. Lim previously headed TTC Asia as managing director from 2018 to 2020, and before that ....
| Nick Tarsh, a British businessman who developed the Insight and Trafalgar travel brands, has died after a two-decade battle with metastatic prostate cancer, his family said. He was 86. Tarsh, who died May 10, was also instrumental in creating the European Tour Operators Association, becoming its founding chairman in 1990. Tarsh got into the travel business in the 1960s when, with the backing of an uncle, he bought a share in the Overseas Visitors Club. He later bought Trafalgar Travel, which he developed into a leading guided vacation brand under several owners, including The Travel Corp., which still owns the brand. He eventually left Trafalgar and launched Insight International Tours, which competed head-to-head with Trafalgar until Tarsh sold it to The Travel Corp. as well. ....
The introduction of food trucks is a major trend driving the growth of the market.
At what rate is the market projected to grow? The market will accelerate at a CAGR of almost 7% and the incremental growth of the market is anticipated to be $ 31.42 bn.
Who are the top players in the market? Abercrombie & Kent USA LLC, Butterfield & Robinson Inc., Classic Journeys, G Adventures, Gourmet On Tour Ltd., Greaves Travel Ltd., International Culinary Tours, ITC Travel Group Ltd., The Travel Corp., and Topdeck Travel Ltd., are some of the major market participants.
What is the key market driver? The increase in integrative culinary and cultural events is one of the major factors driving the market. ....
Culinary Tourism Market to Grow by $ 31.42 bn in 2021|Industry Analysis, Market Trends, Market Growth, Opportunities, and Forecast 2025| Technavio troyrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from troyrecord.com Daily Mail and Mail on Sunday newspapers.
Apr 22, 2021 | Alaskan waters near Ketchikan. Several companies, including Alaska Airways, have introduced initiatives to coincide with Earth Day. Photo Credit: Edward Bruns/Shutterstock.com In honor of Earth Day, travel companies this week announced a number of initiatives to battle climate change and promote more sustainable practices amongst themselves, their guests and their partners. Among the highlights, a new five-step Climate Action Plan from the Travel Corp., whose brands include Red Carnation Hotels, Uniworld Boutique River Cruises, Contiki, Trafalgar, Insight Vacations and Luxury Gold. The goals include achieving carbon neutrality by 2030 and sourcing 50% of electricity from renewable sources across the organization by 2025. ....