STUDY: WORLD’S TRAVEL INDUSTRY ON THE RISE
A positive trend in tourism continues in 2023. Based on data from the data analytics, Travellyze forecasts that the average travel spend of tourists will continue to stabilize in 2023, resulting in a ...
EUROPEAN TOURISM REBORN: VISITOR NUMBERS UP AFTER PANDEMIC COLLAPSE
Tourism in Europe is booming again. Several countries are enjoying a much-needed boost, as inflation and a strong recovery in the sector have lifted tourism spending and tax revenues this year. ...
LUXURY TOURISM MARKET IN EUROPE WORTH BETWEEN 130 AND 170 BILLION EUROS
Luxury tourism in Europe is a market estimated at between 130 and 170 billion euros per year, which could triple within 10 years thanks to the development of certain destinations and investments in in ...
INTERNATIONAL TRAVELERS FINALLY RETURN TO FRANCE
While the season is coming, the signals, whether they come from Ukraine or inflationary pressures, are not all likely to sustain the optimism of tour operators. On the positive side, however, is the r ...
WHERE IN THE EU DOES THE TOURISM SECTOR CONTRIBUTE THE MOST TO GVA?
In 2019, the last year before the COVID-19 pandemic hit the tourism sector hard, the Gross Value Added (GVA) generated directly by the sector amounted to around €572 billion, or 5% of the total Gross ...
