THE UK IS THE MOST POPULAR DESTINATION FOR EUROPEANS TO TRAVEL IN 2023

Pat Hyland -
According to the 'Travel Sector Trends 2023' report from the Economic Institute of Mastercard, the United Kingdom is the most popular destination for Europeans to travel to in 2023, followed by Spain. ...

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. ...

SUMMER AIR TRAVEL RESERVATIONS SOAR WORLDWIDE

Andrea Hausold -
Worldwide air travel reservations to fly between May and September are 35% higher than in 2022, according to International Air Transport Association (IATA) data. ...

A FAVORABLE FORECAST OF AIRFARES FOR BUSINESS TRAVEL

Larry Brain -
According to the annual estimates by the American Express Global Business Travel (Amex GBT) consulting arm, airfares for the most significant business travel routes worldwide are expected to stabilize ...

OUTBOUND TRAVEL IS CHANGING IN 2023

Daniel A. Tanner -
The year 2023 is an important milestone for the travel industry, as many travel destinations and businesses are still struggling to recover from the impact of COVID-19. While the recovery speed varies ...