SWISS GUESTS SAVE THE DOMESTIC HOTEL MARKET

Larry Brain -
Last year, Switzerland recorded 38 million hotel overnight stays. Most of them were accounted for by the Swiss domestic travelers, which provided another record result. Only in the "pre-Corona years" ...

CHINESE TOURISM: NOT LIKELY TO RECOVER THIS YEAR

Larry Brain -
In 2021, global tourism had 448 million tourists and $637 billion in spending, a third of the pre-Covid level. In perspective, the volume of global tourism is now equivalent to that of the 1990s in te ...

THE STRONG RECOVERY OF THE CHINESE TOURISM INDUSTRY

Chris Grad -
During this year's "Mid-Autumn Festival + National Day" double holiday in China, which lasted eight consecutive days, people's eagerness to travel was evident. The tourism industry is recovering rapid ...

CHINESE TOURISTS GROWING IN IMPORTANCE REGARDING LUXURY SHOPPING IN ITALY

Laura Loss -
The Global Blue data for the fourth quarter confirmed tax-free shopping in Italy ended positively in 2023. During this period, there was a recovery in spending of 122% compared to 2019, thanks to the ...

AIRBNB LEAVES CHINA – NOT ONLY BECAUSE OF COVID

Alec Hills -
Airbnb has decided to suspend its rental accommodation offering in China due to repeated confinements since early 2020, according to a source close to the matter. The room, apartment and house booking ...