Around 1.1 billion tourists travelled internationally in the first nine months of 2024, as the global tourism sector recovered 98% of pre-pandemic levels.
Global Tourism event market worth $2.5 Trillion by 2032
According to a recently-released Tourism Events Market Report, the global tourism event industry generated $1.6 trillion in 2022 and is anticipated to generate $2.5 trillion by 2032, witnessing a CAGR of 4.6% from 2023 to 2032.
Report reveals COVID-19’s dramatic impact on global tourism
COVID-19 pandemic saw Asia-Pacific region suffer the greatest GDP losses America’s the least hit, saved by a strong domestic recovery.
Impact of COVID-19 on global tourism, the cost of standstill
The enormous toll of COVID-19 on international tourism has now become clear, with World Tourism Organization (UNWTO) data showing the cost up to May was already three times that of the 2009 Global Economic Crisis. As the situation continues to evolve, the United Nations specialized agency has provided the first comprehensive insight into the impact of the pandemic, both in tourist numbers and lost revenues, ahead of the upcoming release of up-to-date information on travel restrictions worldwide.
Prince Harry launches global sustainable travel initiative, Travalyst
Booking.com, Ctrip, Skyscanner, TripAdvisor and Visa join forces with the Duke of Sussex in first-of-its-kind industry-wide initiative dedicated to exploring and promoting solutions to make all travel more sustainable
ÔTrump SlumpÕ leads Spain to overtake US in global tourism
Spain is expected to become the second most popular tourist destination in the world, according to GlobalData. @globaldataplc
