CHINESE TOURISM: NOT LIKELY TO RECOVER THIS YEAR

Larry Brain -
In 2021, global tourism had 448 million tourists and $637 billion in spending, a third of the pre-Covid level. In perspective, the volume of global tourism is now equivalent to that of the 1990s in te ...

AIRFARES TO RISE IN THE COMING MONTHS

Sara Thopson -
According to a report by OBS Business School, airfares are expected to increase significantly in the upcoming months. Western airlines lead in profits, flight volume, and trade value, but Asian countr ...

BUSINESS TRIPS IN GERMANY ARE STILL VERY IMPORTANT

Alec Hills -
Despite the advance of modern communication technologies since the beginning of the Corona pandemic, business trips in Germany play an important role. It has been confirmed by a survey conducted by Ai ...

GERMAN HOTEL MARKET STILL FAR FROM THE PRE-CRISIS LEVELS

Kevin Eagan -
After two years in a state of emergency, the German hotel market is still far from pre-crisis levels. Now, the situation seems to be improving, even though the industry is still wavering between hope ...

BLOCKCHAIN AND NFT BOOST TRAVEL AND HOSPITALITY INDUSTRY

Andrew J. Wein -
The digitalization of the interaction processes of social actors, accelerated by the pandemic, has made it possible to give continuity to economic activity despite the long confinement and social isol ...