THE NEXT TOURISM FRONTIER: WATER SCARCITY
The WTTC (World Travel and Tourism Council) has released a new report called "Water Roadmap for Travel and Tourism." The report reveals that the global travel and tourism industry's total water intens ...
TRAVEL AND TOURISM DEALS REMAIN DOWN
According to the latest data from GlobalData, global business activity in the travel and tourism sector saw a significant decrease of 32.7% in the first eleven months of 2023 (January to November) com ...
GERMAN INBOUND TOURISM RECOVERS
In 2022, we can already see a significant recovery in international travel from Europe and the United States. We can also see an increase in domestic tourism. In the challenging year 2022, Germany rem ...
FLIGHT PRICES HAVE SKYROCKETED BY 31% IN TWO YEARS
According to data from Mabrian, the average price of flights globally has increased by 31.2% in the past two years. Specifically, conventional airlines are now 40% more expensive, while low-cost airli ...
TRAVEL TRANSACTIONS ARE DOWN 38.8% IN THE FIRST HALF OF 2023
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. ...
