MOROCCAN TOURISM REVENUE DROPPED BY 53.8%
In Morocco, the tourism sector recorded a loss of 42.4 billion dirhams ($4.7 billion) in 2020, representing a decrease in tourism revenue of about 53.8% compared to 2019. The latest data were announce ...
SPANISH HOTEL INDUSTRY: OCCUPANCY IN 2022 WAS 10% LOWER
The Spanish hotel industry has matched 2019 revenue and price levels with the challenge of continuing to improve in occupancy. Last year, Spanish hotels recorded an average daily price that hovered ar ...
MEXICO CITY TOURISM REVENUE EXPECTED TO FALL 56% BY THE END OF 2020
In terms of tourism, the COVID-19 pandemic will put an end to the efforts and achievements made in 2019 in Mexico City, both in revenues and arrivals. Last year, Mexico City registered the highest tou ...
EGYPT ALLOCATES $97 MILLION FOR THE RESTORATION OF ANTIQUITIES
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
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 ...
