BRAZIL: AIRFARE PRICES HINDER TOURISM RECOVERY AFTER THE PANDEMIC PEAK
The ticket prices have risen 88% in the last 12 months. Experts say the 41% drop in travel during the pandemic and the increased price of jet fuel explain the increase. ...
THE GLOBAL TOURISM SECTOR WILL REACH US$ 17 TRILLION IN 2027
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
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
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 ...
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 ...
