BAHAMAS TOURISM SECTOR SHOWS RECOVERY AFTER COVID-19 PANDEMIC

Gary Diskin -
FOR 2023, THE figures reveal that in the Bahamas, one million 332 thousand 752 travelers arrived by air, and five million 876 thousand 413 arrived by sea, which is 33% more than in 2019. ...

EGYPT ALLOCATES $97 MILLION FOR THE RESTORATION OF ANTIQUITIES

Dan Rang -
Egypt's tourism minister, Ahmed Issa, has announced that the country has allocated a budget of approximately 3 billion Egyptian pounds (equivalent to $97 million) for the upkeep and restoration of anc ...

ARGENTINIAN HOTEL INDUSTRY IN CRISIS: 2,000 HOTELS CLOSED

Chris Grad -
Without a doubt, the hotel industry in Argentina was one of the hardest hit by the COVID-19 pandemic. Since March of last year, between 1,700 and 2,000 hotels closed and over 15,000 jobs in the sector ...

FRANCE: A RECORD INCREASE IN OVERNIGHT STAYS DURING THE SUMMER

Theodore Slate -
The 2023 summer season in France saw a slight increase in overnight stays, primarily driven by foreign customers and campsites, according to INSEE figures. ...

HOTEL INVESTMENT IN EUROPE ROSE 18% IN Q1 2023

Tomas Haupt -
During the first quarter of the year, hotel investment in Europe was quite active, with a total of 4.1 billion euros invested, which is an increase of 18% compared to the same period in 2022. ...