ITALIAN TOURISM FACES MASS LAYOFFS

Cecilia Garland -
With the expiration of the so-called Cassa integrazione in deroga at the end of 2021, and the simultaneous termination of the ban on dismissals, mass layoffs in the sector of Italian tourism have star ...

BLOCKCHAIN TECHNOLOGY AFFECTING MORE OF THE TOURISM SECTOR

Larry Brain -
The world is changing in a very dynamic manner and all the sectors of the economy are reacting to this transformation. Tourism is no exception to the rule, with the industry constantly increasing its ...

SPANISH TOURISM TO FACE TURBULENCE IN 2023

Michael Trout -
An Exceltur study confirms that the contribution of Spanish tourism in 2022 to the national GDP was almost 160 billion euros, 1.4% more than in 2019, thanks mainly to domestic tourism and the rebound ...

SHANGHAI: SIGNIFICANT LOANS TO SUPPORT TOURISM RECOVERY

Justin N. Froyd -
Five Shanghai banks mutually granted loans for a total amount of 50 billion yuan (about $ 7.4 billion) in order to support the tourism recovery of the city. ...

TOURISM STOCKS: HOTELS AND OTAS UP BUT AIRLINES AND TOUR OPERATORS SINK

Justin N. Froyd -
The market value of the tourism giants after almost two years of pandemic shows different results depending on subsectors. The large hotel companies and the large online agencies are already well abov ...