TRAVEL IN EUROPE IS GROWING BY DOUBLE DIGITS DESPITE RISING COSTS
Despite the high inflation rate, travelers still prefer to visit Europe as their summer destination. According to the Allianz Trade analysis, 41% of travelers plan to spend more than 1,500 euros on th ...
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 ...
BAHAMAS TOURISM SECTOR SHOWS RECOVERY AFTER COVID-19 PANDEMIC
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
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 ...
