London tops the list as the destination of choice for international travellers for the third time in four years, according to the annual MasterCard Global Destination Cities Index released today. The Index is now in its fourth year which, using data from 132 most travelled cities from around the world, reveals that London is projected to receive 18.7 million international visitors in 2014.
The strength of the Australian dollar remains the top concern of Australia’s tourism operators, the latest edition of the TTF-MasterCard Tourism Industry Sentiment Survey has found. With the dollar averaging US103.9 cents during the quarter – making it more expensive for international visitors coming to Australia and cheaper for Australians to travel internationally - it’s no surprise the exchange rate remains the tourism industry’s number one concern.
MasterCard Worldwide and eNett International have signed a partnership agreement which provides innovative payment and reconciliation solutions for the travel industry through the use of Virtual Account Numbers. The partnership aims to facilitate high volumes of global payments over a 5 year period and sets MasterCard up as the exclusive payment partner for all eNett VANs generated in Europe.
London has established itself as the hottest city in the world, according to MasterCard Worldwide, which ranked it top of its second annual Global Destination Cities Index. For the second year running, the British capital is also expected to attract the highest international visitor spend, ahead of New York, Bangkok, Paris and Singapore.
Hôtel de la Paix is delighted to announce that a recent initiative in collaboration with MasterCard Worldwide has resulted in the provision of 500 school bags and bicycles for needy children living in the outlying villages around Siem Reap, Cambodia, making it possible for them to get to school.
Patricio Rubalcaba from Mastercard talks to Breaking Travel News at CHA.
Cambodia’s iconic Hôtel de la Paix has once again teamed up with MasterCard Worldwide to raise much-needed funds to buy bicycles for needy children living in the outlying villages around Siem Reap, improving access to education for hundreds of kids. Until the end of 2009, any transaction at - or booking for - Hôtel de la Paix paid for with a MasterCard will see a bicycle and school bag donated as part of the ‘Purchase with Purpose’ scheme, ensuring even more local children can get themselves, and their books, to school.
MasterCard Worldwidehas announced the launch of a prepaid reloadable travel card with travelindustry data and financial solution provider Airlines ReportingCorporation.
MasterCard Worldwide and Carlson Wagonlit Travel (CWT) are launching a global, card-based enhanced travel data program for corporate travel buyers.
MasterCard Worldwide has announced positivesecond quarter 2007 operating results for the Asia/Pacific, Middle East& Africa region.