In the summer of 2021, tourism showed signs of recovery following the ongoing COVID-19 pandemic. August 2021 showed the most promising signs of recovery to pre-COVID figures in terms of the number of nights spent in tourist accommodation establishments in the EU, such as hotels, holiday and other short-stay accommodation, and campsites. August 2021 recorded […]
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The latest research from the World Travel & Tourism Council (WTTC) reveals the U.S. Travel & Tourism sector could experience year-over-year growth of 35.6% in 2021, significantly outpacing the year’s overall global tourism recovery. The outlook is even more rosy for 2022, with the travel sector in the U.S. expected to grow by another 28.4%, […]
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Despite a strong summer rebound, international tourist arrivals to Europe are forecast to be 60% below 2019 by the end of 2021. European tourist arrivals were still down 77% half-way through the year relative to 2019. European air passenger growth gained momentum over the months of June (-69%), July (-57%) and August (-49%) compared to […]
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Indian tourists will be some of the most desirable travellers, given India’s growing economy, young population and rising middle class, according to GlobalData. The leading data and analytics company notes that the country is projected to reach record levels of 29 million outbound trips by 2025 – a buoyant outlook considering the strains of COVID-19. […]
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U.S. hotel demand as well as average daily rate (ADR) on a nominal basis will near full recovery in 2022, according to the upgraded forecast just released by STR and Tourism Economics at the 43rd Annual NYU International Hospitality Industry Investment Conference. Additionally, revenue per available room (RevPAR) on a nominal basis is projected to […]
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While rising vaccination rates against COVID-19 have increased travelers’ comfort levels, most Americans are still opting to stay home this holiday season, according to a new national survey commissioned by the American Hotel & Lodging Association (AHLA) conducted by Morning Consult. The survey found that 29% of Americans are likely to travel for Thanksgiving and […]
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Data up to September shows that the Athens and Thessaloniki hotel markets recovered to a level of 39% in terms of room nights compared to the same period of 2019. Room supply has been restored to pre-pandemic levels. In August, Athens recorded a level of 71% of 2019 in terms of room nights, while September […]
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On the eve of ACI EUROPE’s 31st Annual Congress and General Assembly, the airport association has set the scene with the release of its latest traffic data, revised forecasts, and the publication of the Airport Industry Connectivity Report 2021. Europe’s airports have lost 1.26 billion passengers so far this year1 – a decrease of -62% […]
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New research from ForwardKeys, which has the freshest and most comprehensive air ticketing data available, reveals that flight bookings to the USA have soared following two announcements that the destination would reopen to vaccinated foreign travellers in November. By mid-October, weekly bookings exceeded 70% of pre-pandemic levels. The first announcement was made on 20th September, […]
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Latest research from the World Travel & Tourism Council (WTTC) shows Europe’s Travel & Tourism sector’s year on year recovery may only achieve a growth of 23.9% this year. The data from WTTC says this slow recovery is due to travel restrictions throughout the year, particularly in the first half, which continued to hinder the sector’s […]
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