TRAVEL TRANSACTIONS ARE DOWN 38.8% IN THE FIRST HALF OF 2023
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. ...
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. ...
GUATEMALA CONTINUES ITS TOURISM RECOVERY
Until last April, Guatemala received approximately 900,000 non-resident travelers, reflecting a recovery in tourism. ...
TRAVEL AND TOURISM DEALS REMAIN DOWN
According to the latest data from GlobalData, global business activity in the travel and tourism sector saw a significant decrease of 32.7% in the first eleven months of 2023 (January to November) com ...
A FAVORABLE FORECAST OF AIRFARES FOR BUSINESS TRAVEL
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 ...
