IATA EXPECTS AVIATION INDUSTRY TO EARN EUR 21.5 BILLION IN 2023

Richard Moor -
The International Air Transport Association (IATA) has forecasted that the aviation industry's net profits will increase to $23.3 billion (€21.5 billion) by 2023 and further rise to $25.7 billion (€23 ...

LUXURY TOURISM IN ITALY TO GROW SUBSTANTIALLY

Justin N. Froyd -
Italy is considered one of the most exclusive tourist destinations. This is one of the findings of o a study by ENIT, which found that over 20 % of foreign tourists choose Italian destinations because ...

THE POWER OF GEN Z ON TRAVEL AND HOSPITALITY

Justin N. Froyd -
The travel and hospitality sectors often discuss how the younger generation, i.e., Generation Z, is and will continue to transform these sectors. People born between the second half of the 1990s and t ...

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 ...

THE U.S. IS THE MOST IMPORTANT LONG-HAUL SOURCE MARKET FOR SPANISH TOURISM

Laura Loss -
The National Institute of Statistics, INE, has published their data indicating that between January and October of this year, the United States has become the most important long-haul source market re ...