ISRAEL'S WAR ON GAZA HURTS REGION'S TOURISM SECTOR
Standard & Poor's (S&P), a rating agency, has reported that the ongoing war between Israel and Hamas is causing damage to the tourism sector in the Middle East and North Africa. ...
THE HOTEL OCCUPANCY RATE IN PARIS IS CLOSE TO 83%
The Rugby World Cup is great for international tourism and helps Parisian hoteliers increase occupancy rates. According to the monthly barometer of Parisian tourism by Paris je t'aime, the city's tour ...
TRAVEL TRANSACTIONS ARE DOWN 38.8% IN THE FIRST HALF OF 2023
365 deals, including mergers and acquisitions, private equity, and venture financing agreements, were announced in the global travel and tourism industry in the first half of 2023. ...
JAPAN HAD MORE THAN TWO MILLION TOURISTS IN JUNE
Japan's tourism industry has been at an almost complete standstill for over two years due to the pandemic. ...
INTERNATIONAL TOURISTS SPENDING TO REACH 93% OF PRE-PANDEMIC LEVELS
The UN World Tourism Organization (UNWTO) has estimated that around 975 million tourists have traveled worldwide between January and September 2023. This is a significant increase of 38% compared to l ...
