*TIA CEO hopes to welcome 12% more Japanese travelers to America for 2005

POWWOW 2005, the largest travel trading fair, opened in New York on May 5, joined by more than 5,000 traders and journalists worldwide, including about 150 traders and journalists from Japan. The opening tape-cut was conducted by Travel Industry Association of America (TIA) President & CEO Roger Dow, TIA National Chair Barbara Richardson,NYC & Company Chairman and Loews Hotels Chairman & CEO Jonathan Tisch and NYC & Company President & CEO Cristyne Nicholas.

This Week Headline
*TIA CEO hopes to welcome 12% more Japanese travelers to America for 2005
+A new country for the travel promotion budget will be decided soon
*DOC expects Japanese travelers will return to the pre-9.11 level in 2008
*The Japan-U.S. tourism exchanges working group restarts discussion
*The total amount of business transactions for FY2004 was up 10%
*JAL successfully made net profit of 30 billion yen for the full year of FY2004
*ANA achieved the highest revenue and recurring profit ever
*Travel movement during GW was less active than expected
*Centrair increased departures and arrivals during the Golden Week
*JAL signs a definitive contract with Boeing for B787 and B737
*Fukuoka gives a financial support to Star Flyer