GBTA: BUSINESS TOURISM IS EXPECTED TO RECOVER IN 2026

Samuel Dorsi -
The Global Travel Business Association (GBTA) forecasts that the business travel sector will grow by 33.8% and spending by 33.8% year-on-year in 2022 globally....

HUGE LOSSES FOR AIR FRANCE – MINUS 10 MILLION EUROS A DAY

Larry Brain -
The airline Air France is still losing 10 million euros per day. The slowdown in the recovery, linked to the resurgence of the Covid-19 pandemic, will force it to resort to long-term partial activity ...

PARIS ATTRACTS CROWDS DESPITE SOARING HOTEL PRICES

Richard Moor -
The City of Light has regained its tourists, who have come from all over the world, or almost all over. International air arrivals fell by only 10.9% in October 2022, compared to 2019, according to th...

SPAIN: PROJECTS UNDERWAY TO OPEN 198 NEW HOTELS IN 2024

Richard Moor -
Before the end of 2024, 198 new hotels with 27,187 rooms are expected to open in Spain, according to the latest report by consulting firm CBRE for the EMEA (Europe, the Middle East and Africa) market....

EXPERT: INVESTMENT IN TOURISM IN CUBA IS NOT RATIONAL

Andrew J. Wein -
Even if the official forecast for visits to Cuba in 2022 is met, more than half of the hotel rooms will be empty, says economist Pedro Monreal suggested a halt for investment in tourism....
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