TOURISM IN CHINA MAY CONTRIBUTE 9.9 TRILLION YUAN TO THE GDP

Chris Grad -
According to a World Tourism and Travel Council report, China's tourism and travel industry is expected to contribute significantly to its GDP. By 2023, the industry is estimated to contribute 9.9 tri ...

TRUST IS THE KEY ASSET FOR TRAVEL INDUSTRY RECOVERY

Tomas Haupt -
Tourism is gradually returning as many holidaymakers plan their vacation for the summer months. For the travel industry recovery to go smoothly, trust and transparency are the key aspects. ...

PROMISING PROSPECTS OF THE WELLNESS TOURISM SECTOR

William Law -
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. ...

TOURISM SECTOR TO CONTRIBUTE €1.44 BILLION TO THE EU ECONOMY

Laura Loss -
The travel and tourism sector is expected to contribute €1.44 billion to the European Union's economy this year, 98 percent closer to the pre-pandemic result of €1.47 billion in 2019, according to the ...

GROWTH IN THE TRAVEL INSURANCE MARKET IS DRIVEN BY TOURISM RECOVERY

Alec Hills -
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. ...