Bali, Indonesia, has denied cryptocurrency payments for hotel stays, restaurant bills, and shopping malls. The government there has warned all visiting tourists against using cryptocurrency for everyd ...
The coronavirus has torn Spanish tourism apart, setting it back to 1995 levels. The industry’s contribution to Spain’s GDP was 106 billion euros smaller in 2020 (about 69% of activity). A total of 728 ...
Chinese tourists are the most likely to go out of their country and they are also the ones who spend the most. In 2019 - the last year before Covid-19 - 155 million Chinese went on holiday abroad. The ...
2020 became the worst year in the history of the Spanish tourism industry, a year in which the largest source of income in Spain plunged, putting thousands of workers on the streets. Exceltur, the Spa ...
The Covid-19 pandemic is having a drastic effect on the tourism industry worldwide. Countries are suffering economically, businessmen are going bankrupt, and the entire sector is decimated after these ...