SPANIARDS’ SUMMER 2023 TRAVEL PREFERENCE

Gregory Dolgos -
69% of Spaniards are betting on traveling abroad to enjoy this summer, while 31% say they will stay in Spain, where they will take the opportunity to discover both coastal and urban destinations, acco ...

LOW-COST TOURISM FACES A PARADIGM SHIFT

Joe McClain -
When discussing inflation, it identifies price increases. In Europe, the Consumer Price Index (CPI) decreased to 5.5% year-on-year in June, significantly lower than its peak of 10.6% in November last ...

THE TOURISM AUTHORITY OF THAILAND DOWNGRADED ITS FORECAST FOR THE TOURISM REVENUE 2024

Justin N. Froyd -
The TAT (Tourism Authority of Thailand) has stated that Thailand will not be able to achieve its previous tourism goals in 2024 due to multiple crises. The government had aimed to attract 40 million i ...

INDIA IS AN ATTRACTIVE SOURCE MARKET FOR VIETNAMESE TOURISM

Kevin Eagan -
As per the National Tourism Administration, Vietnam received approximately 5.6 million international visitors during the first half of 2023. Notably, there was a significant rise in Indian tourists, w ...

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. ...