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. ...

SPANISH HOTEL INDUSTRY: OCCUPANCY IN 2022 WAS 10% LOWER

Andrea Hausold -
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 ...

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 ...

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. ...