ISRAEL'S WAR ON GAZA HURTS REGION'S TOURISM SECTOR

Andrea Hausold -
Standard & Poor's (S&P), a rating agency, has reported that the ongoing war between Israel and Hamas is causing damage to the tourism sector in the Middle East and North Africa. ...

THE HOTEL OCCUPANCY RATE IN PARIS IS CLOSE TO 83%

Kevin Eagan -
The Rugby World Cup is great for international tourism and helps Parisian hoteliers increase occupancy rates. According to the monthly barometer of Parisian tourism by Paris je t'aime, the city's tour ...

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. ...

SAUDI ARABIA HAS AMBITIONS TO BECOME A GLOBAL TRANSPORTATION HUB

Sara Thopson -
Riyadh Air aims to compete with Gulf airlines such as Emirates, Qatar Airways or Etihad and turn the kingdom into a transportation hub. Saudi Arabia has the means of its ambitions as it has just place ...

TOURISM IN THE MIDDLE EAST STRUGGLES TO SURVIVE

Gregory Dolgos -
Tourism is a crucial economic sector for many Middle Eastern countries, particularly Egypt, Jordan, and Lebanon. ...