CANCUN’S HOTEL ROOM RATES DOWN TO ALMOST HALF

Andrew J. Wein -
While this year the hotel industry in Cancun has shown a significant recovery, the hotel room rates have been cut by almost half compared to 2019. Even so, hoteliers remain optimistic, hoping that few ...

EXTREME TRAVEL IS AN INCREASINGLY LUCRATIVE TOURISM SEGMENT

Justin N. Froyd -
According to a study by Grand View Research, the adventure travel industry is expected to be valued at $282 billion globally in 2021. It is predicted to grow annually until 2030, with the United State ...

GERMAN TRAVEL GIANT’S PROFITS GROW, CRITICS POINT OUT GREEDFLATION

Nik Fes -
German travel giant, TUI, has reported record revenue for the financial year that ended in September. This was due to a successful summer for hoteliers, airlines, and car rental companies in Spain, Tu ...

EUROPE TRAVEL CONTINUES TO RECOVER

Nik Fes -
According to the quarterly report "European Tourism Trends & Prospects" by ETC, travel demand throughout the continent is robust and is expected to continue in 2024. The report highlights that the rec ...

CLIMATE CHANGE: GERMANS FEEL GUILTY BUT CONTINUE TO TRAVEL MORE

Chris Grad -
Traffic jams on the highways and overcrowded airports. In the next few weeks, millions of Germans will start their summer vacations, producing CO2 and harming the climate. ...