A WAVE OF LAYOFFS IN TRAVEL TECH COMPANIES

Gary Diskin -
Several travel tech companies across the Atlantic have announced layoffs since the summer. Expedia, TripAdvisor, Navan, and now Sojern, a digital marketing platform for the tourism industry, have anno ...

THE CONSUMER TRAVEL TRENDS THAT WILL SHAPE THE TOURISM INDUSTRY NEXT YEAR

Andrew J. Wein -
Euromonitor's annual global consumer travel trends study could shape travel purchases next year. ...

CANADA EXPECTS A FULL TOURISM RECOVERY IN 2024

Pat Hyland -
According to Destination Canada, the tourism industry is expected to recover by next year fully, although it is already recovering more quickly than expected. In a recent report, the Crown Corporation ...

TRAVEL AND TOURISM DEALS REMAIN DOWN

Daniel A. Tanner -
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 ...

INTERNATIONAL TOURISTS SPENDING TO REACH 93% OF PRE-PANDEMIC LEVELS

The UN World Tourism Organization (UNWTO) has estimated that around 975 million tourists have traveled worldwide between January and September 2023. This is a significant increase of 38% compared to l ...