Many tourist boards are looking to differentiate themselves from rival destinations by focusing on their cuisine rather than traditional natural hot spots, cities, or coastal locations.
Russia-Ukraine conflict will leave a void in this summer’s European travel market
According to GlobalData, Russia was the fifth-ranked country globally in terms of international departures in 2021.
Turkey to benefit from rise in budget-conscious travelers
With traveler confidence taking yet another hit amid the rising cost of living across Europe, Turkey will emerge as the destination of choice.
London’s tourism industry to see boost from £10 million campaign
The tourism industry currently remains in a precarious position as a result of the COVID-19 pandemic.
U.S. the most valuable inbound market globally
US average overseas tourism expenditure per person reached $3,580 in 2021.
Generation Hashtag will be a key driver for niche tourism growth
New report shows Demand for niche tourism holidays and experiences is growing among people born between 1991 and 2005.
Google represents ongoing threat to OTA’s
COVID-19 had a serious impact on OTAs, with the OTA market value decreasing by a gruesome 60.4% YoY in 2020.
Trips to visit friends and family set to rise by ten million by 2024
The announcement that US travel restrictions for vaccinated UK residents will be relaxed from early November will be met positively by people keen to reunite with family and friends.
Vaccine tourism is a double-edged sword
Questions raised of vaccine equity as it will further increase the divide between the wealthy and less privileged.
Deal-making in tourism declined by 6.8% during July 2021
A total of 69 deals, private equity, and venture financing) were announced in the global travel and tourism sector during July 2021.
