TOURISM IN CHINA MAY CONTRIBUTE 9.9 TRILLION YUAN TO THE GDP

Chris Grad -
According to a World Tourism and Travel Council report, China's tourism and travel industry is expected to contribute significantly to its GDP. By 2023, the industry is estimated to contribute 9.9 tri...

FEW TOURISTS CHOOSE THEIR TRAVEL TRANSPORTATION BASED ON SUSTAINABILITY

Bill Alen -
Sustainable tourism has emerged as a popular trend among many companies recently. However, a recent sustainability report presented at the Phocuswright conference highlighted a significant mismatch be...

TOURISM IN LATIN AMERICA AND THE CARIBBEAN IS THE LEAST AFFECTED BY THE PANDEMIC

Nils Kraus -
According to the WTTC Global Economic Impact Trends report, the COVID-19 pandemic in Latin America and the Caribbean resulted in a 42.4% decline in travel and tourism GDP in 2020. ...

AI APPLICATIONS COULD REVOLUTIONIZE THE TRAVEL AND TOURISM SECTOR

Nils Kraus -
WTTC (World Travel & Tourism Council) has urged companies in the travel and tourism sector to adopt the benefits of Artificial Intelligence (AI) responsibly. This technology is expected to play a cruc...

THE TRAVEL INDUSTRY WILL CONTRIBUTE A RECORD $11.1 TRILLION TO THE GLOBAL ECONOMY BY 2024

Theodore Slate -
According to a survey conducted in 185 countries, more than 75% are expected to surpass their tourism performance levels in 2019. Additionally, almost all of these countries are predicted to grow year...
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