Travel Roundup: IATA Backs Algae Fuel, IHG's China Expansion, Maui Loses $166M in Tourism, and More

(MoneyWatch)  IATA backs pond scum jet fuel -- The International Air Transport Association is backing the use of second and third generation biofuels mixed with standard petroleum to lower emissions. Second generation fuels like farm waste are viable but third generation biomass, like algae, is still in the research stages. The IATA hopes for a 10 percent rise in biofuels by 2013. The only problem? Affordability. [Source: Vancouver Sun]

IHG expands in China -- InterContinental Hotels Group signed a partnership with the Shimao Group, a local real estate developer, to create six new Chinese hotels under the InterContinental, Crowne Plaza and Holiday Inn brands by 2013. IHG entered into the Chinese marketplace in 1984. [Source: HotelInteractive]

Maui Loses $166 million in tourism revenue -- Maui is crying, "Uncle!" after losing $166 million year-over-year in tourist revenue. The Hawaiian island is suffering layoffs and economic strife following the closure of Aloha Airlines, ATA Airlines and no longer being a stop on a Norwegian Cruise Line route. Government crackdown on unlicensed vacation rentals is another factor. [Source: Pacific Business News]

Outrigger to develop resort on Hainan Island -- The Honolulu-based Outrigger Enterprises Group will develop the new Outrigger Qingshui Bay Resort on Hainan Island, China, the company announced today. The new luxury hotel will be built as part of the Qingshui Bay Resort, which features six hotels, apartments, golf courses and mixed-use commercial along 7.5 miles of beachfront property. [Source: Hotels Magazine]