GROWTH IN THE TRAVEL INSURANCE MARKET IS DRIVEN BY TOURISM RECOVERY
With a compound annual growth rate (CAGR) of 17.3%, the global market for travel insurance increased from $19.14 billion in 2022 to $22.44 billion in 2023. ...
VACCINATION GAP SERIOUSLY IMPACTS GLOBAL TOURISM
The tourism industry is closely interconnected globally. The fact that certain countries are significantly further ahead in vaccination rates is creating new inequalities and preventing global tourism ...
THE NEXT TOURISM FRONTIER: WATER SCARCITY
The WTTC (World Travel and Tourism Council) has released a new report called "Water Roadmap for Travel and Tourism." The report reveals that the global travel and tourism industry's total water intens ...
PROMISING PROSPECTS OF THE WELLNESS TOURISM SECTOR
Wellness has become an increasingly important market segment for tourism and source of income for many companies. In the tourism industry, it is among the most promising sectors for the future. ...
THE GLOBAL TOURISM SECTOR WILL REACH US$ 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 ...
