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. ...

BITTER CONCLUSION: CORONA PANDEMIC BRINGS TRAVEL INDUSTRY TO 1990 LEVELS

Richard Moor -
The Corona pandemic hit the travel industry especially hard in 2020. The border closures and travel warnings made vacations almost impossible. ...

CANADA'S TOURISM EXPECTS A SIGNIFICANT REBOUND THIS YEAR

Dan Rang -
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. ...

TRAVEL CHAOS IN THE UK: GOVERNMENT BLAMES COMPANIES

Theodore Slate -
Travelers in the United Kingdom can expect long waits and last-minute changes to their plans. In an interview with the Sky News, a representative of the British government, Secretary of State Stephen ...