THE AVERAGE DAILY EXPENDITURE OF A BUSINESS TRAVELER IS TRIPLE THAT OF A LEISURE TOURIST

Denise Chen -
According to data from the consultancy Braintrust, the business travel industry in Spain's revenue is estimated to reach 12.1 billion euros in 2023. Accordingly, the average daily expenditure of busin ...

TRAVEL TRANSACTIONS ARE DOWN 38.8% IN THE FIRST HALF OF 2023

Cecilia Garland -
365 deals, including mergers and acquisitions, private equity, and venture financing agreements, were announced in the global travel and tourism industry in the first half of 2023. ...

CHINESE OUTBOUND TOURISM CONTINUES TO REBOUND

Denise Chen -
The China Tourism Academy has just issued the "Big Data Report on Outbound Tourism in the First Half of 2023." It provides a comprehensive analysis and statistical breakdown of China's outbound touris ...

GERMAN AUTHORITIES PROMOTE SUSTAINABLE HOLIDAYS IN THE COUNTRY

The Covid 19 pandemic has further raised travelers' awareness of sustainability around the world. The interest in intact nature, careful use of resources and mindfulness for one's own well-being are g ...

HOTEL PRICES EXPECTED TO RISE SIGNIFICANTLY WORLDWIDE

Joe McClain -
Travel and hotel stays will become more expensive worldwide over the next two years. This is one of the conclusions of the seventh annual Global Business Travel Forecast, released by CWT and the Globa ...