IN OTHER NEWS:
Disney moves to protect its trademarks online 6
2 Grand Canyon projects spark controversy 7
Agents at TW event report earlier bookings 8
[ DOLLAR VOLUME GROWING FASTER THAN NUMBER OF TRANSACTIONS ]
Latest ARC data show big jump
in agents’ sales of air this year
By Kate Rice
The latest ARC figures show that
U.S. travel agencies grew their air
sales revenue by 5.1% for the first
six months of 2014 compared with
the same period last year, increasing
to $48.5 billion from $46.1 billion.
Except for a post-recession jump in 2010,
it is the biggest first-half increase in at least
eight years, the furthest back ARC researched
for its latest report.
The number of year-to-date transactions
was up, too, but by just 2.4%, to 77.5 million.
Results for the month of June were also
strong, with total sales, including taxes and
fees, rising 7.4%, to $7.6 billion, with total
transactions rising 5.3%.
At the midyear mark, the data reflect sales
activity at 13,029 retail locations on behalf of
The data suggest that ARC agents are continuing to collect higher fares, as domestic air
sales were up 6.5% for the first six months
of 2014, outpacing the 2.1% increase in the
number of domestic transactions.
Aviation analyst Bob Mann said that the
differential between the jump in revenue
and the increase in transactions tends to
Dubai announces Mall of the World,
domed city targeting tourism market
By Danny King
Dubai this month announced plans to build
a domed, climate-controlled city more than
twice the size of Monaco, in an attempt by
the most populous of the United Arab Emirates to grow tourism numbers from the West
If completed, the project, known as the
Mall of the World, would include the world’s
largest retail center and a massive wellness
district designed to capitalize on surging
spending on medical tourism.
The Mall of the World, being developed
by the Dubai Holding investment group,
would total more than 1.7 square miles,
which would be more than three times the
size of Walt Disney World’s Epcot and Magic
Kingdom theme parks combined. It would
sit under a glass dome that would be opened
during the winter months and would include
both the world’s largest indoor theme park
and 100 hotels totaling about 20,000 rooms.
Among other components, the Mall of the
World would house a cultural center with
sections modeled after New York’s Broadway,
Barcelona’s La Rambla and London’s Oxford
Street. The wellness district would occupy
3 million square feet.
The project would also be home to an
8 million-square-foot retail center that
would be the world’s largest, almost double
the size of Minnesota’s Mall of America, as
well as promenades that would be about four
See DUBAI on Page 30 See AIR on Page 29
WWW.TRAVELWEEKLY.COM JULY 21, 2014
THE TRAVEL INDUSTRY’S TRUSTED VOICE
Israel’s departing tourism commissioner
discusses travel in times of unrest. 4
Caravan-Serai Tours offers a 7-night Jordan
trip with a humanitarian component. 25
A tropical experience with a distinctly Indian
twist on the Andaman Islands. 22
Recent progress on a bill to reauthorize
Brand USA is good news for the industry. 28
client v 28
In the largest gamble ever on a private development
in the U.S., MGM Resorts and Dubai World risked
everything to make CityCenter happen.
Now it’s time to reap their reward.
BY DANNY KING PAGE 12