THE GLOBAL TOURISM SECTOR WILL REACH US$ 17 TRILLION IN 2027

Lisa Wallin -
According to Bain & Company's latest report, the global tourism industry is experiencing unexpected growth and is projected to exceed $17 billion by 2027, surpassing pre-pandemic figures of $11 billio ...

TOURISM CONTINUES TO BE THE ENGINE OF THE SPANISH ECONOMY IN 2023

Andrew J. Wein -
According to a report by Exceltur, tourism's weight in Spain's Gross Domestic Product (GDP) will reach 12.6% of the total, the same as the 2019 figure. The report also notes that the tourism sector wi ...

GOOD PROSPECTS FOR SWISS TOURISM

Alec Hills -
Swiss tourism is back to normal, with a record-breaking summer amid a robust recovery from the pandemic. However, according to estimates by the Basel-based institute Bak Economics, the winter season m ...

FOREIGN TOURISTS IN SPAIN DROPPED BY 88.5% IN THE FIRST QUARTER

Anna Luebke -
The Spanish tourism industry remains at a standstill, and will continue to do so until the end of the first semester amid the travel restrictions in the country and the rest of Europe. ...

THE REAL ESTATE CRISIS IN CHINA IMPACTS TOURISM

Gary Diskin -
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 ...