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☆ It's a small world with a big impact: Disney generated over $40 billion for Florida in fiscal year 2022
▼ + stars: | 2023-11-16 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Disney experiences brought in $40.3 billion in economic activity in Florida in fiscal year 2022. Disney economic activity is keeping unemployment low and tax revenue high. That study looks at the total impact of Disney experiences in Florida, which includes the Walt Disney World Resort , Disney Vacation Club, and Disney Cruise Line. In essence, about one out of every 36 dollars spent in Florida directly or indirectly came from a Florida Disney experience. AdvertisementIn total, according to the report, Disney generated $6.6 billion in taxes in fiscal year 2022.

Persons: —, it's, Adam Sacks, Ron DeSantis Organizations: Disney, Oxford Economics, Service, Walt Disney World, Disney Vacation, Disney Cruise, Oxford, Oxford Economics's Tourism, Florida Disney, Central, Bureau of Labor Statistics, Walt Disney Locations: Florida, Oxford Economics's, Central Florida, California, Walt

A rebound in Asia is especially important for airlines where long-haul travel makes up a bigger mix of revenue. Travel spending in Asia Pacific is set to grow 41% this year to $567 billion, and rise to $800 billion by 2027, according to data from the Global Business Travel Association. The planned capacity, which has not been previously reported, is a strong rebound from 2022, when the carrier's Asia-Pacific traffic was 33% of 2019 levels. Travel to Asia is also a source of high-margin revenue at a time when soaring labor and fuel costs are pressuring profit and domestic fares are declining. Across the border, Air Canada said the increase in Asia Pacific capacity would more than double its overall system growth.

Persons: Toby Melville, Andrew Nocella, Mark Galardo, Galardo, Raymond James, Savanthi Syth, Allison Lampert, Rajesh Kumar Singh, Ben Klayman, Matthew Lewis Organizations: Heathrow Airport, REUTERS, Rights, Carriers, Business, Global Business Travel Association, Air, Reuters, United Airlines, American Airlines, Delta Air Lines, Asia Pacific, United, Delta, Tourism Economics, Thomson Locations: London, Britain, Rights MONTREAL, CHICAGO, Asia, Pacific, Europe, Asia Pacific, U.S, United States, Atlanta, Manila, Philippines, San Francisco, New Zealand, Chicago, Air Canada, Air Canada's Vancouver, Canada, North America, Ukraine, Hong Kong, East Coast, Newark , New Jersey, Toronto, China, Montreal

☆ Amazon partners with travel site Priceline in a first for Prime Day
▼ + stars: | 2023-07-10 | by ( Doyinsola Oladipo | ) www.reuters.com time to read: +2 min

NEW YORK, July 10 (Reuters) - Amazon.com Inc (AMZN.O) is partnering with travel booking site Priceline to offer discounts during Tuesday's Prime Day, the first time an online travel agency has participated in the shopping event. Priceline is the first travel brand to offer an exclusive U.S. Prime Day deal, Amazon said. We know travelers are shopping on Amazon and booking travel with Priceline," said Lesley Klein, senior vice president of marketing at Priceline. Booking Holdings has several sites, so this isn't the first time the company has worked with Amazon on Prime deals. Amazon several years ago attempted to build a hotel booking service called Amazon Destinations but it closed a few months after launching.

Persons: Priceline, Lesley Klein, Booking.com, Doyinsola Oladipo, Jeffrey Dastin, David Gregorio Our Organizations: YORK, Amazon.com Inc, Tuesday's, Priceline's, Express, Booking Holdings, Prime, Amazon, Tourism, U.S . Travel Association, Thomson Locations: U.S, Germany, Austria, New York, San Francisco

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