REVENUES OF PORTUGUESE HOTELS INCREASED BY 114.6%

Richard Moor -
In 2022, the Portuguese hotel establishments reached revenues of more than 5 billion euros, an increase of 114.6% compared to the previous year, according to the consulting firm Informa D&B. ...

SWISS TOURISM IS ON THE RISE

Laura Loss -
From January to June 2023, the Swiss hotel industry experienced a 13.8 percent increase in overnight stays, totaling 19.5 million. An increase in foreign demand fueled this growth, while domestic mark ...

MAURITIUS REOPENS ITS BORDERS FOR VACCINATED VISITORS

Vanderlei J. Pollack -
The Ministry of Health and Welfare of the Republic of Mauritius has officially announced the reopening of the island's borders on October 1, 2021. The country has one of the highest rates of full vacc ...

HOTEL PRICES IN JAPAN CLOSE TO 30-YEAR HIGH

Laura Loss -
Hotel prices in Japan surged to a nearly three-decade high in March, a direct result of the cheap yen and the cherry blossom season luring a record number of tourists. The average cost of a hotel room ...

ACCOMMODATION AND TRAVEL PRICES ARE FALLING IN EUROPE

Laura Maudlin -
According to data from travel management company Travelperk, global travel prices decreased by 8 percent in the last quarter 2022. However, they were increasing 11 percent in the first quarter, 15 per ...