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I would like to welcome you to the Louisville Convention&Visitors Bureau business site. I encourage you to visit the site often and use it as your on-line resource for the latest trends, statistics and most recent happenings in the hospitality arena. Not only will the information encompass local tidbits, but regional, national and even international travel trends will be shared as well. The site will be updated on a regular basis, so make it a point to check back often. Information is integral to success. Your success is our success. I welcome your comments and/or suggestions, and look forward to our continued dialogue.

Sincerely, Jim

Tourism Trends | Blog

Finally..The decline in international tourism has started to bottom out and lodging demand should start to recover next year, according to two new and separate studies.

International tourist arrivals declined by seven percent between January and August of this year, but the rate of decline has eased in the past few months, says the UNWTO World Business Barometer. The group expects "moderate" growth next year. In a nutshell the negative outlook for travel overseas is beginning to lift.

As talk about the United States slowly emerging out of the worst economic recession since the 1930's depression, I wanted to communicate to you all once again that the hospitality industry is by no means out of the woods. Our industry typically lags by at least six months once the economic indicators tell us we are out of a recession and the recovery is in full swing. But this recession is different than the others. Current economic projections state that we will emerge very slowly out of this recession instead of experiencing the usual bounce as we have in other post recession periods. Meaning: The hospitality industry will likely emerge very, very slowly out of this current recession.