EVOLVING THE LUXURY HOSPITALITY SECTOR - KEY ASPECTS
According to JLL Hotels & Hospitality Group’s report, the luxury hospitality industry is expected to grow and transform. These are the top trends in the evolution of the luxury hospitality sector. ...
LONG-HAUL TRAVEL DEMAND IN EUROPE IS UNLIKELY TO STABILIZE UNTIL 2025
The pandemic and its consequences for the travel sector have hit companies hard. In the coming years, however, a recovery is expected, which will begin in China and the USA in 2022. For Europe, the de ...
WAR IN UKRAINE AFFECTS SWISS TOURISM MORE THAN EXPECTED
Credit Suisse has published an outlook for the coming summer tourism season. The war in Ukraine is likely to have a greater impact on Swiss tourism than expected. ...
CROSS-BORDER AIR TRAVEL TO REACH JUST 23 % OF PRE-PANDEMIC LEVELS
Last year has been a tough one for the tourism industry worldwide. Naturally, this is also the case of the airline industry, which had to reduce its operation greatly, which has led to enormous losses ...
TRAVEL GIANTS INCREASE MARKETING SPENDING
Financial reports from four prominent online travel giants, namely Airbnb, Expedia Group, Booking Holdings, and Trip.com Group, indicate that these companies have spent an unprecedented amount of mone ...
