GROWTH IN THE TRAVEL INSURANCE MARKET IS DRIVEN BY TOURISM RECOVERY

Alec Hills -
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. ...

SEVERAL SITES MAY BE REMOVED FROM THE UNESCO WORLD HERITAGE LIST

Sara Thopson -
Venice, Budapest... two European cities very appreciated by tourists and rich in history and culture. But also two cities that seem to be more and more in danger due to demolitions and mass tourism. B ...

THAILAND PLANS TO LAUNCH "CRYPTO-TOURISM"

Larry Brain -
Thailand: beaches, picturesque islands, vacations, relaxation - and now its own utility token? The Tourism Authority of Thailand (TAT) is currently exploring whether its own utility token could have a ...

BITTER CONCLUSION: CORONA PANDEMIC BRINGS TRAVEL INDUSTRY TO 1990 LEVELS

Richard Moor -
The Corona pandemic hit the travel industry especially hard in 2020. The border closures and travel warnings made vacations almost impossible. ...

GLOBAL TOURISM INDUSTRY WILL TAKE TWO TO FOUR YEARS TO RECOVER

Samuel Dorsi -
The third quarter of 2021 could spell the beginning of the recovery for international tourism, according to forecasts of the UNWTO Working Group of Experts. So far in 2020, the economic losses suffere ...