UK TOURISM COMPANIES PRAISE THE VAT REDUCTION Video

Alec Hills -
Following Germany, Cyprus and Italy, Great Britain announced a VAT reduction from 20% to 5% for all tourist attractions, accommodation, and restaurants, in an effort that will, according to the govern ...

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 ...

ARGENTINIAN HOTEL INDUSTRY IN CRISIS: 2,000 HOTELS CLOSED

Chris Grad -
Without a doubt, the hotel industry in Argentina was one of the hardest hit by the COVID-19 pandemic. Since March of last year, between 1,700 and 2,000 hotels closed and over 15,000 jobs in the sector ...

WINTER SEASON: HOTEL BOOKINGS IN SPAIN EXCEED 2019 LEVELS

Kevin Eagan -
Hotel bookings this winter in Spain are 107.56% higher than in 2019 for the first time since the start of the pandemic, according to data from SiteMinder's World Hotel Index. ...

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 ...