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CRTA INSIDER
Vacation Ownership News & Updates
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| Canadian Resort & Travel Association |
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| GNEX 2023 Vacation Industry Award Winners Announced | Source: GNEX | The 13th Annual GNEX Vacation Industry Awards (formerly Perspective Magazine Awards) were presented at the Finale Party of GNEX 2023 at Hotel Del Coronado, in San Diego on 7th March. |
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| Top Points to Share with Media, Hint: Lead with the Good News | Source: ARDA | A few weeks ago, ARDA President Jason Gamel spent the day at the International Media Marketplace, which is considered the leading global networking event connecting the travel industry with journalists, editors and influencers. |
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VACATION OWNERSHIP & TRAVEL INDUSTRY NEWS | VACATION OWNERSHIP
& TRAVEL INDUSTRY NEWS
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| Canadian travellers are facing increased airport fees, report says. Here’s why | Source: Global News | COVID-19 disrupted the airport sector’s “relatively stable” and resilient business model, as Canadian airports have added around $3.2 billion in combined debt, DBRS Morningstar said in an analysis note on Monday. |
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| Treasury Sanctions CJNG-Run Timeshare Fraud Network | Source: U.S. Department of the Treasury | The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned eight Mexican companies linked to timeshare fraud on behalf of the Cartel de Jalisco Nueva Generacion (CJNG). CJNG is a violent Mexico-based organization that traffics a significant proportion of the illicit fentanyl and other deadly drugs that enter the United States. |
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| Record Number of Commercial Aircraft To Come Online Over Next 10 Years | Source: Travel Pulse | The global airline industry is expected to take delivery of 36,000 new commercial aircraft over the coming decade, which amounts to a worldwide expansion of 33 percent. |
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RANDOM BITS & NEWS BITES | RANDOM BITS & NEWS BITES |
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| JetBlue Just Changed Its Travel Credit Policy — What to Know | Source: Travel + Leisure | According to the new policy, passengers have 12 months from the original ticketing date to use airfare credits, while the previous policy provided more time, allowing 12 months from when the credit was issued to rebook. |
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| What will be the impact of DeSantis' takeover of Disney district? | Source: Travel Weekly | Will Florida Gov. Ron DeSantis' takeover of the taxing district that governs the area where the Walt Disney World Resort sits have a long-term impact on Disney's presence in Orlando? |
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| Is virtual reality ready for takeoff in travel? | Source: Travel Weekly | A potential use of VR is enhancing the sales experience, such as enabling consumers to choose particular rooms based on elements like property location and view, Rose said. And while the field is largely experimental right now, some hotels are building “digital twins” that consumers can experience virtually. |
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| Canadian Resort & Travel Association PO Box 51031 RPO Eglinton Square Toronto, ON M1L 4T2 Canada | +1 (647) 613-5464 | [email protected] | canadianrta.org |
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