Ask Your Local Travel Guru: What’s New on the Travel Industry Wire?

As a travel guru for many years now, I have seen the travel industry wire adapt in so many ways. As you already know, we now live in a world with instant and infinite amounts of information, right at our fingertips. Like everything else, the travel industry has adapted, grown and cultivated a new identity with our present day world of information. Until beaches start disappearing and people can be teleported across continents, there will ALWAYS be the want and need to visit our regular and new destinations.

The travel industry plays a substantial role in the global economy. During 2015, the travel industry wire forecasts global GDP to grow by 3.7% and employment by 2.6%. This demonstrates the sector’s enduring ability to generate economic growth and create jobs at a faster rate than the global economy, which is due to grow by 2.9% in 2015. By the end of 2015, the Travel & Tourism sector will contribute US$7,860 billion, 10% of global GDP, once all direct, indirect and induced impacts are taken into account. The sector will account for 284 million jobs, 9.5% of total employment, or one in eleven of all jobs on the planet. By 2025, the global travel & tourism sector is projected to contribute 357 million jobs and generate $11.4 Trillion dollars. Ask your favorite travel guru and he will show you the various components all contributing to these massive amounts. Let’s check out what the travel industry wire says:

Hotel Industry

Among all the sub sectors of the travel & tourism industry, Hotels is one of the biggest fragments. The travel industry wire explains that hotels generated a global of $457 billion dollars in 2014. Your travel guru has most likely coordinated a recent trip within the Intercontinental Hotels Group. The company contributed the highest revenues, earning $22.8 billion dollars. In the United States alone, the total revenue within the hotel industry climbed to $163 billion dollars. The majority of tourists visiting the United States of America (65.1%) choose to stay in a hotel, where the average daily is a healthy $121.30.

Aviation industry

Although the major corporations, leading sector, seem to always changing names and planes, the industry cultivated a whopping $783 billion US dollars in 2014. Your travel guru may have whispered about some of the airlines not performing, but the industry continues to grow at rate of 7.4% every year. The travel industry wire indicates that Europeans, Americans, Chinese & Brazilians combine for the highest market contributors.

Cruise Industry

Cruises have steadily become a popular choice of travel the past few years. These are an easy sell for your local travel guru… The luxurious ocean liners, offering food, fun & music for the entire family have created a loyal gathering that continues to grow. Due to the growth rate of 6.55% every year, Cruise lines have postured their company growth strategies, by building larger capacity ships, ship diversification, more local ports and more destinations. The travel industry wire indicates that the average cruise traveler spends approximately $1728.00 every year, with over 22 million people jumping on the floating palace. The cruise industry contributes about $39.6 billion dollars in 2014, and is poised for a solid 6-7% increase.

Online Travel Market

Any travel guru, coupled with the travel industry wire statistics, will tell you that the online travel industry has EXPLODED over the past 5 years and will only continue to skyrocket. As more and more people use smartphones and as these smartphones continue to develop into personal super computers, the more information we have, the more we want. Online travel revenue reached $340 billion dollars back in 2011, worldwide and 39% consisted of American bookings. Obviously, the deluge of data & information has contributed to the online travel industry, but hotels and hotel broker websites have been the main proponents to this boom. As everything turns to online information, bookings, etc… the travel agencies, travel gurus and everyone associated with the industry has jumped in. Rarely do you see a corporation dependent on the travel & tourism industry, that hasn’t adapted to the online market.

The Future of the Travel Industry

The travel & tourism industry is an enormous portion of the global economy and will only continue absorb market share. The travel industry wire explains that the sectors and their respective technologies are developing at a rapid rate, procuring the consumer process into a much easier-and faster encounter. Just ask your favorite travel guru.

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Here’s Why You Need to Charge Your Electric Vehicle At Home

It is no wonder BMW is at the forefront in making both stylish and functional vehicles that never compromise safety. Charging your electric vehicle with a home charging station has more benefits compared to public charging stations. With BMW’s electric model ranges, you will experience an entirely new driving experience. No feeling is better than gliding silently through urban and rural traffics. All of this is free of fumes and harmful emissions that impact the planet. Going electric with BMW is one of the best things you can do for you.

While BMW iX3 Charging Station is available in many places and shopping malls in Australia, it is a good idea to invest in home BMW charger as it offers a plethora of benefits. In fact, charging your electric car with a home charging station has benefits compared with public charging stations.

Here’s why you need to install BMW home charging station:-

Save money

Instead of buying battery power from a third-party source every time you need to charge your BMW, it is a good idea to pay a flat fee for a residential BMW charging station and have unlimited energy from the same source that keeps your house warm and other electric appliances running. Of course, you would see a spike in electricity bill. But, you’ll save money by saving yourself from frequent trips to the public station and paying for recharging your car. Home charging stations pay for themselves in the long run.

Finding your home charger is affordable too. There are many electric vehicles charging station providers in Australia from whom you can buy and rely on them for support. There are three different types of home chargers, including level 1, level 2, and level 3. Based on the type of charger you buy, the cost will be anywhere between $300 and $2000.

Convenient

On average, it takes anywhere from four to six hours to fully charge your BMW with a level 2 charger. Let’s imagine that you need to drive 50miles to attend a meeting and your EV is running low on battery. If you have to wait the whole night, take your vehicle to the nearby charging station, recharge, and then drive. Wouldn’t that consume your productive hours? The same scenario is much more manageable if you have the home charger installed. All you need to do is, plug the car in and go to sleep. By the time you wake up, you’ll have a fully charged BMW ready for the drive.

Safe

Charging at home is much safer than public charging stations for a range of reasons, including the safety of you and your vehicle. You’ll have to wait for a long time in the public charging stations to charge your EV, and there’s no safety, especially if you are in the middle of high way.

As you see, they’re less expensive, more convenient and completely safe as long as it is installed properly.

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The Financial Benefits of Owning an Electric Vehicle

Although electric vehicles are expensive, the long-term price of owning one is lower than compared to gasoline cars. Yes, trading in your existing diesel or petrol car for the long-term benefits of an electric car is a good idea. Not only are electric vehicles the future of road travel, but the government is considering a decent incentive who upgrade to electric. Both hybrid plug-in and fully electric vehicles can help improve fuel economy, lower fuel costs, and reduce emissions.

However, the cost is typically one of the major considerations for drivers deciding on what kind of vehicle to purchase. In fact, one of the top reasons that people hesitate to switch to an electric vehicle is the relative price compared to gas-powered cars. But, you must understand the fact that owning an electric vehicle offers more monetary benefits than gasoline vehicles. Take a look at some of the financial benefits you’ll reap by owning an electric vehicle:-

EV Owners Are Eligible For Tax Deductions

Yes! Going electric despite the higher upfront cost is considered as an act of being socially responsible. The more drivers switch to an electric vehicle, the less greenhouse gas will be emitted into the atmosphere and reduce its impacts on the environment. This, in turn, brings the global temperature down and contributing to make the world a better place to live in for us and our future generations. For these reasons, electric car owners are eligible for a tax deduction of up to $7,500.

However, the deduction amount varies from one state to another and based on the capacity of the battery used to power the vehicle. On the other hand, there are no tax deductions for gasoline cars, and from a tax perspective, going electric with Nissan is a financially smart option. All you need is electricity and Nissan leaf charging stations to recharge your vehicle.

Low-Cost Maintenance

Gas-powered vehicles consist of lots of complex moving parts and generally require more maintenance than electric vehicles. Petrol and diesel cars need frequent oil and transmission fluid changes, whereas, EVs don’t require it. Fixing gas-powered vehicles can take time and drives up labour costs from the mechanic. On the other hand, EVs come with regenerative brakes. Yes, they use the kinetic energy of the vehicle to decelerate. This, in turn, causes less wear and tear on the brakes, which result in reduced need for brake maintenance as well. Overall, the maintenance cost of EVs is less than petrol and diesel cars.

Costs Less To Power

Petrol and diesel rates are increasing day by day. One of the major benefits of owning an EV is that you don’t have to refuel it. All you need is Nissan leaf charger or Nissan leaf home charger to charge the car. You can charge your Nissan EV anywhere from the comfort of your house, office, or anywhere. It is as simple as that.

EV is the future of the automobile industry. Embrace it and reap the many benefits of being a proud owner of an electric vehicle.

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