AIR TRAFFIC: USA REMAINS TOP TRAVEL DESTINATION
The busiest time of the year has ended, and unfortunately, it was accompanied by many flight delays and cancellations. The summer of 2023 was plagued by staff shortages, forest fires, and unpredictabl ...
CHINA'S INTERNATIONAL AIRLINE CAPACITY SLOWLY RECOVERS
China's visa policy for group tours has recently been expanded, with 78 new destinations added to the list of approved countries on August 10, 2023. Travel agents can now offer group tours and package ...
THE AVERAGE DAILY EXPENDITURE OF A BUSINESS TRAVELER IS TRIPLE THAT OF A LEISURE TOURIST
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
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. ...
GERMAN INBOUND TOURISM REMAINS DYNAMIC
The Federal Statistical Office has reported that in 2023, German inbound tourism increased and the number of overnight stays by foreigners in the country increased by 18.8 percent compared to the prev ...
