LONG-HAUL TRAVEL DEMAND IN EUROPE IS UNLIKELY TO STABILIZE UNTIL 2025

Nik Fes -
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 ...

CUBAN TOURISM INDUSTRY RECEIVED 2.5 MILLION TOURISTS IN 2023

In 2023, the island of Cuba had 2,436,980 visitors, which is 70 percent of the goal set for the year. The Minister of Tourism, Juan Carlos García Granda, reported that although this is about 800 thous ...

BUSINESS TRAVEL WILL NOT ACHIEVE PRE-COVID LEVELS UNTIL 2025

Richard Moor -
The recovery of business travel begins, although at a slower pace than leisure travel. The latest Tourism Barometer from BrainTrust on business travel revealed that this industry will grow more than 5 ...

EU TOURISM SECTOR EMPLOYS 70% FEWER BRITISH PEOPLE AFTER BREXIT

Michael Trout -
In 2017, 11,970 British citizens worked in the tourism sector in European Union countries. Since then, and with Brexit on the horizon, that number has dropped by 69% to just 3,700, according to the la ...

TRAVEL TRANSACTIONS ARE DOWN 38.8% IN THE FIRST HALF OF 2023

Cecilia Garland -
365 deals, including mergers and acquisitions, private equity, and venture financing agreements, were announced in the global travel and tourism industry in the first half of 2023. ...