TRAVEL TRANSACTIONS ARE DOWN 38.8% IN THE FIRST HALF OF 2023

Cecilia Garland -
365 deals, including mergers and acquisitions, private equity, and venture financing agreements, were announced in the global travel and tourism industry in the first half of 2023. ...

QUEBEC HOTEL INDUSTRY - NO RETURN TO NORMAL UNTIL 2025

Justin N. Froyd -
The travel and hospitality industry will take years to return to full capacity once the COVID-19 pandemic is over. While 2020 was shaping up to be a record year for the Quebec hotel industry, the sect ...

SURVEY: INCREASE THE TRAVEL CONFIDENCE THROUGH TECHNOLOGIES AND TRANSPARENCY ON TRAVEL RESTRICTIONS

Michael Trout -
A survey commissioned by Amadeus of consumers in Spain, Germany, France, the U.K., India, Russia, Singapore, the U.S., and the United Arab Emirates revealed that the travel appetite is high. At the sa ...

CHINESE TRAVEL AGAIN, BUT NOT FAR FROM HOME

Laura Loss -
After a difficult summer tourist season caused by the spread of the Covid-19 Delta variant throughout the country, China’s domestic tourism is set to revive yet again for the upcoming Mid-Autumn Festi ...

TOURISM IN EUROPE: RAPIDLY CHANGING SECTOR

Laura Loss -
Initially heavily penalized by the COVID-19 epidemic, the European tourism sector now seems to be recovering strongly, potentially exceeding the pre-pandemic levels as early as 2023. ...