Word: environmental
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Dates: during 1990-1999
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American industries are making tremendous progress in reducing greenhouse-gas emissions without sinking our economy. Led by government-industry cooperation and voluntary programs, we are improving efficiency and creating the technologies of tomorrow right now. Industry is putting the environment first yet keeping the economy strong. GLENN KELLY, EXECUTIVE DIRECTOR...
These days, thinking big is the travel and tourism industry's mantra. Airlines are coalescing into huge agglomerates that coordinate flights, share revenues and set fares jointly. Hotel groups are on a cross-border takeover binge; ditto tour operators. Travel agents, pressured on every side, are restructuring their businesses and...
...well as satisfy a growing thirst for closer contact with nature. Groups such as the World Wide Fund for Nature, Earthwatch and Discovery Initiatives now share the jungle and savannah with more conventional operators. Major travel companies, hotels and airlines have jumped on the bandwagon with scores of environmentally friendly initiatives. "Consumers are currently very sensitive to the environment, and you've got to take that into account," says Jacques Maillot, CEO of Nouvelles Frontieres, France's largest tour operator. "If they want a green label for tours...
Travel agents, by contrast, are fighting for their future in an increasingly hostile environment. Both tour operators and airlines have cut agents' commissions from 10% to 7%. Agencies' core business is also under pressure from the Internet and its ability to reflect modern lifestyles. Until recently, most people splurged on...
Africa, in fact, is awash with ecotourist ventures. In Zimbabwe a partnership has blossomed between the government and local communities to conserve the natural environment and manage wildlife resources as a way to attract tourist dollars. In South Africa the Conservation Corp., set up in 1991, has grown into Africa...