DOMESTIC TRAVEL IN RUSSIA BOOMING AMID COVID-19 PANDEMIC
The Covid-19 pandemic has led the tourism industry into an unprecedented crisis. However, besides all the obvious negative effects, the crisis has also created some new opportunities and trends in the ...
THE UAE TO INVEST IN EGYPT TO DEVELOP A GLOBAL TOURIST DESTINATION
Egypt's Prime Minister, Moustafa Madbouli, announced that the UAE will invest $35 billion directly into the heavily indebted country. ADQ, Abu Dhabi's sovereign wealth fund, has confirmed that most of ...
SPAIN PREPARES TO LIVE WITHOUT RUSSIAN TOURISTS
Nearly 134,000 Russian tourists traveled to Spain in 2021 despite travel restrictions imposed due to the coronavirus pandemic, according to the statistics on tourist movements at Borders (Frontur) pre ...
THE REAL ESTATE CRISIS IN CHINA IMPACTS TOURISM
Chinese tourists were the top travelers in the world in 2019. They spent over $250 billion collectively abroad, almost twice as much as their closest rivals, the Americans. Additionally, they recorded ...
AFTER A GOOD SUMMER TOURISM SEASON, GREECE MOVES TO WINTER BUSINESS
During the summer season, Greek tourism industry was able to generate revenues comparable to the previous record year of 2019. Now the Ministry of Tourism is seeking to extend the season to the winter ...
