The World Travel & Tourism Council’s (WTTC) latest Economic Impact Report (EIR) reveals the Travel & Tourism sector is expected to create nearly 126 million new jobs within the next decade. The bullish forecast from the World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism private sector, also shows the sector […]
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Things are looking up: according to forecasts by Statista, the global tourism market will reach $637 billion, an increase of 50 per cent – Holiday flights from Germany will overtake pre-crisis levels this summer already – Long-term changes in travel behaviour due to the pandemic are not affecting decision-making and destination choices – The war […]
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Spain is among the most sought-after destinations in the world by tourists for this Easter, as highlighted in the presentation of travel forecasts to Spain made last Friday, 1 April 2022 by the Ministry of Industry, Commerce and Tourism and ForwardKeys, the leading global travel intelligence and data company. “The year 2022 has started with […]
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Travel and tourism was poised for an upturn in 2022, as it hoped to put the pandemic behind it. However, new threats have recently emerged that will delay the much-needed recovery. Inflation spike exacerbated by war in Ukraine At the beginning of 2022, there were warning signs that inflation was surging, with higher energy and […]
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For the first time since the COVID-19 pandemic hit, Europe’s regional airports and their business partners gather in Palermo, Italy for the 13th Annual ACI EUROPE Regional Airports Conference and Exhibition, hosted by GESAP (Palermo Airport Company). The event provides the opportunity to review trading conditions against the background of a much more controlled but […]
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As news about the travel activation taking place across the Americas, the Caribbean and Africa is being shared, the team at ForwardKeys chose to look in the other direction -the Far East and the Pacific. To date, the APAC region was the most adversely impacted in terms of travel and tourism, largely due to having […]
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Mabrian Technologies, a tourism intelligence platform, has compiled data on tourism trends for the Easter period, noting the effect that Russia’s war in Ukraine has had on supply and demand trends. This data suggests that the conflict and instability in Eastern Europe have led to an increased demand to spend Easter Week in countries such […]
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The Tours, Activities & Attractions sector (TAA) is experiencing a significant acceleration in its digitalization process. 47% of consumers make travel reservations online and consumers who wait to the last minute have dropped from 38% in 2019 to 14% in 2021. The tours, attractions and activities market (TAA) is developing quickly, with the aim of […]
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In 2021, tourism was among the sectors that started to recover from the COVID-19 pandemic, following the easing of certain restrictions related to it, such as travel restrictions as well as other precautionary measures taken in response, according to Eurostat. In 2021, the number of nights spent at EU tourist accommodation establishments totalled 1.8 billion, […]
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Travelling continues to be a high priority for people. Holiday travel is high on the agenda for this year’s summer season. Greece and Spain are the most popular holiday destinations for Europeans. This is shown by the TUI Holiday Atlas Summer 2022, for which the most popular holiday destinations of European TUI guests are evaluated. […]
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