HOTEL INDUSTRY BUILDS A SUSTAINABILITY FRAMEWORK
Several hotel chains with 25,000 hotels in total, have launched an initiative to establish a common definition of hotel sustainability in order to boost responsible travel and tourism. ...
GROWTH IN THE TRAVEL INSURANCE MARKET IS DRIVEN BY TOURISM RECOVERY
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. ...
MADAGASCAR IMPROVES AIR TRANSPORT OFFERS TO BOOST TOURISM
Although 2022 had its ups and downs, Madagascar tourism looks bright. Reservations for 2023 are at full capacity, air transports and flight frequencies are increasing, and historic companies like Cors ...
GLOBAL PROBLEMS AFFECT THAI TOURISM
Thai tourism is expected to be affected by recession, inflation, the cost-of-living crisis and rising travel costs from the second quarter of next year, warned the Tourism Authority of Thailand (TAT). ...
TOURISM IN EUROPE REACHES 2019 LEVELS
The increase in U.S. tourists has offset the impact of inflation and extreme heat on tourism in Europe. ...
