Top ten tourism and transportation industry events in 2010

2010 has been, at least toward the end, under the sign of the flood of foreign travel associations hunting Romanian tourists, under the sign of low-cost transportation development and of rebounding sales for regular airlines, as well as of the first cases of insolvency in freight carriage production. A new five-star hotel opened in Bucharest, a major transportation deal was sealed by one of the important Romanian entrepreneurs in the field, while travel agencies tried to secure new corporate contracts to keep sales steady.
1. Consolidation on travel agency market: GED takes over Paravion and Travel House
2. Epoque five-star hotel opens in Bucharest
3. Bucharest Court of Law rules for insolvency proceedings for Blue Air, which obtains the suspension of proceedings
4. Dumagas, taken over by Britain’s Bancroft
5. Three companies building carriages, Astra Vagoane Arad, Romvag Caracal and Meva of Drobeta Turnu Severin file for insolvency
6. “Discounted” plane tickets
7. The invasion of foreign travel associations
8. Online check-in and a new luggage taxation system
9. Low-cost transportation grows further
10. The launch of the country brand, 900,000 euros spent on a new controversial project