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. ...

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 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 ...

TOURISM STAKEHOLDERS IN EGYPT CALL FOR 5-YEAR TAX AND CUSTOMS EXEMPTIONS FOR THE SECTOR

-
The Egyptian Businessmen Association's Tourism and Civil Aviation Committee recently convened to assess the state of the tourism sector. It developed strategies to enhance it amidst the current econom ...