GERMAN INBOUND TOURISM RECOVERS
In 2022, we can already see a significant recovery in international travel from Europe and the United States. We can also see an increase in domestic tourism. In the challenging year 2022, Germany rem ...
STRONG U.S. DOLLAR HELPS TOURIST DESTINATIONS IN LATIN AMERICA
The economic outlook for Latin America and the Caribbean for the rest of this year and 2023 is quite bleak, but there is one sector that can shine thanks to the unusually strong U.S. dollar: tourism. ...
DEMAND FOR AIR TRAVEL STILL 67% LOWER THAN IN 2019
Global demand for passenger air travel (measured in paid passenger-kilometers, RPK) was down 66.7% in the first half of 2021 compared to the same period in 2019, showing the difficult situation of the ...
GLOBAL TOURISM SLOWLY RECOVERING
There were clear signs of an upturn in global tourism in June and July 2021, as some destinations eased travel restrictions and the global rollout of vaccinations progressed in many parts of the world ...
ANALYSIS: FOUR PROFILES OF BUSINESS TRAVELERS
According to a recent report by McKinsey & Company, the speed at which business travel is gradually recovering varies by distance and purpose of travel. Regional travel is among the first to return, f ...
