INBOUND TOURISM IN ARGENTINA WENT DOWN BY 18.5% IN 2024

Pat Hyland -
According to an official report from the National Institute of Statistics and Census (Indec), Argentina saw a significant decline in inbound tourism in 2024, with an 18.5% drop in the arrival of forei ...

SWITZERLAND TOURISM REPORTED MORE HOTEL GUESTS THAN EVER BEFORE

Theodore Slate -
Swiss tourism continued growing in 2024 as Swiss hotels welcomed more guests than ever. According to the Federal Statistical Office (FSO), overnight stays increased by 2.6 percent, reaching 42.8 milli ...

UK TARGETS 50 MILLION INTERNATIONAL VISITORS

Andrew J. Wein -
VisitBritain has released its forecast report for inbound tourism in 2025. According to the report, tourism spending is projected to rise 7 percent from the last year, reaching £33.7 billion. Addition ...

AIRBNB INCREASED ITS MARKET SHARE

Pat Hyland -
In 2024, Airbnb successfully increased its market share compared to hotels and was well-positioned to compete with Vrbo, a subsidiary of Expedia. The company attributes its success to product innovati ...

MOST NEW LUXURY HOTELS IN NEW YORK CITY WILL BE INDEPENDENT

Theodore Slate -
A recent study by Keytel indicates that 75.5% of the new luxury hotels planned for construction in New York City in the coming years will be independent. This trend reflects the ongoing profitability ...