After a weak first half of 2021, international tourism rebounded during the Northern Hemisphere summer season, boosting results for the third quarter of the year, especially in Europe.
New COVID-19 surges keep travel restrictions in place
One out of five destinations continue to have their borders completely closed as new surges of COVID-19 impact the restart of international tourism.
New report reveals latest consumer trends
International spending expected to rise 94% in 2022.
Call on EU member states to coordinate and align COVID responses
A staggering €35 billion could be wiped off the region’s economy this year.
U.S. hotel results for week ending 20 November
U.S. hotel performance dipped from the previous week but came in closer to pre-pandemic levels.
Canada hotel performance dipped in October
Canada’s hotel industry reported lower performance levels from the month prior.
Challneging restart for Australian tourism industry
Most notably we have an industry which is critically understaffed for both skilled and unskilled workers and this will mean restrictions on what tourism operators can offer and their ability to scale up to meet demand.
Accor announces the success of its inaugural “Sustainability-Linked Bond”
€700 Million With a 7-year Maturity and an Annual Coupon of 2.375% Issue Oversubscribed 3.5 Times.
Four ways new COP26 commitments impact real estate
Real estate needs to act swiftly to limit global warming and mitigate the effects of climate change.
APAC tourism sector set to recover by nearly 40%
If key measures are followed the sector could restore more than 47 million jobs by 2022.
