GROWTH IN THE TRAVEL INSURANCE MARKET IS DRIVEN BY TOURISM RECOVERY
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. ...
TOURISM IN LATIN AMERICA AND THE CARIBBEAN IS THE LEAST AFFECTED BY THE PANDEMIC
According to the WTTC Global Economic Impact Trends report, the COVID-19 pandemic in Latin America and the Caribbean resulted in a 42.4% decline in travel and tourism GDP in 2020. ...
CANADA'S TOURISM EXPECTS A SIGNIFICANT REBOUND THIS YEAR
Research shows that the amount spent by foreign tourists in Canada increased by 64% to $23 billion last year. This year's spending is estimated to approach $43 billion spent in 2019. ...
TOP 5 TECHNOLOGY TRENDS SHAPING TOURISM IN 2024
Significant technological advancements, including artificial intelligence (AI) and green technology, are set to shape the tourism industry during 2024, bringing positive changes for travelers, hotelie ...
HAINAN AND MACAO LAUNCHED NEW MULTI-DESTINATION TOURISM PRODUCTS
The Hainan Tourism Promotion Group recently visited Macao to promote Hainan's tourism resources and multi-destination tourism products to the travel sector. They aimed to strengthen the two-way linkag ...
