-Demand remains bullish – despite airlines setting fares more than 6 times higher than consumer inflation rate The air traffic report for April 2023 released today by European airport trade body ACI EUROPE shows passenger traffic made further gains towards a full recovery, but with wide performance divergence across the continent. Passenger traffic in the […]
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As the world recovers from the pandemic, the travel industry is clearly rebounding. However, concerns over sustainability and the impact of long-haul flights on the environment are causing many to question whether long-haul travel is a viable and sustainable option. Long-haul travel is a major contributor to greenhouse gas emissions, which are a leading cause […]
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European tourism demand entered 2023 on a strong footing despite ongoing challenges, with international tourist arrivals 18% below 2019 levels. This is according to the latest edition of the ‘European Tourism Trends & Prospects’ quarterly report from the European Travel Commission (ETC), which monitors Europe’s tourism recovery, macroeconomic developments and other major factors having an […]
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International tourism is well on its way to returning to pre-pandemic levels, with twice as many people travelling during the first quarter of 2023 than in the same period of 2022. The second UNWTO World Tourism Barometer of the year shows that the sector’s swift recovery has continued into 2023. It shows that: -Overall, international […]
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DidaTravel announces the return of Chinese tourists during the May Day holidays[1], with international hotel bookings increasing 30-fold YOY and surpassing pre-pandemic, 2019 volumes by 18%. ADR (Average Daily Rate) has also increased by 47% YOY for Chinese hotel reservations, reaching 95% of their 2019 level comparing the same period. Thailand retains its position as […]
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At the annual gathering of Europe’s regional airports and their business partners taking place today and tomorrow in Chania, Crete, the latest industry analysis from ACI EUROPE has described a market segment which is simultaneously outperforming with a positive summer ahead, whilst also warning of disparities in the pace and strength of recovery and continued […]
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Mabrian’s study based on analysis of the hotels’ demand in 2022, comparing with 2019. Turkey, UAE, and Thailand are becoming more important tourist destinations for Russian travelers, while classic European destinations such as Italy, Germany, France, Spain, and Greece have seen a significant decrease. The impact of sanctions on Russians, travel restrictions and the fall […]
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-Mabrian’s study based on analysis of the hotels’ demand in 2022, comparing with 2019. -Turkey, UAE, and Thailand are becoming more important tourist destinations for Russian travelers, while classic European destinations such as Italy, Germany, France, Spain, and Greece have seen a significant decrease. -The impact of sanctions on Russians, travel restrictions and the fall […]
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Airports Council International (ACI) World has today published the top 10 busiest airports worldwide for 2022, which welcomes back some of the world’s largest airport hubs as international traffic returns, marking an important milestone in air travel’s full recovery from the impact of the pandemic. Preliminary figures indicate that with the resumption of international travel, […]
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Europe’s key hotel markets reported month-over-month improvement in gross operating profit per available room (GOPPAR), according to STR‘s February 2023 P&L data release. London’s February GOPPAR reached US$65.55, which was 83% of the pre-pandemic comparable. In January, the market reported GOPPAR at US$42.06, which was 65% of the 2019 level. Amsterdam followed with a GOPPAR of […]
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