Destination Capital (DC) has signed a collaborative arrangement with the World Tourism Organization (UNWTO) of the United Nations to support the rejuvenation of the hotel industry. The arrangement supports the relationship DC has with the International Finance Corporation (IFC) to promote investment in green and sustainable tourism accommodation and to stimulate re-employment, particularly in the […]
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For the second year running, Euronews, Europe’s leading international news media, has partnered with the European Travel Commission (ETC), representing national tourism boards of Europe, to support the travel and tourism sector. A new ETC campaign “Open up to Europe” has recently started to run across Euronews’ TV and digital platforms, and aims to support […]
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Asia-Pacific was the region hit hardest by the COVID-19 pandemic according to the new annual Economic Trends Report from the World Travel & Tourism Council (WTTC). The report reveals the full dramatic impact of travel restrictions designed to curb COVID-19 on the global economy, individual regions, and its job losses worldwide. Asia-Pacific was the worst […]
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European travel activity is set to build some momentum moving into the peak summer months due to the gradual easing of restrictions, the ramp-up in vaccinations, and the EU’s recent reopening to more third countries and fully vaccinated travellers from abroad. Travel demand is expected to pick up considerably in the second half of 2021, […]
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The “crash” in international tourism due to the coronavirus pandemic could cause a loss of more than $4 trillion to the global GDP for the years 2020 and 2021, according to an UNCTAD report published on 30 June. The estimated loss has been caused by the pandemic’s direct impact on tourism and its ripple effect […]
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Lufthansa is taking extraordinary measures in order to respond to a significant increase in booking demand for flights to Palma de Mallorca from both Frankfurt and Munich. The booking figures for the destination “PMI” have increased 25 times between April and the beginning of June 2021: The airline will be operating a Boeing 747-8 from […]
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Reflecting the impact of a second lockdown, Europe’s hotel industry reported much lower performance levels from the prior month, according to November 2020 data from STR. Euro constant currency, November 2020 (percentage change from October 2019) Occupancy: 21.3% (-70.4%) Average daily rate (ADR): EUR72.42 (-32.3%) Revenue per available room (RevPAR): EUR14.42 (-81.2%) Amid continued COVID-19 […]
Continue ReadingOn the International Day for the Conservation of the Mangrove Ecosystem, TUI Care Foundation, the German NGO Global Nature Fund (GNF) and the Dominican NGO Center for the Conservation and Eco-Development of the Bay of Samaná and its Surroundings (CEBSE) announce a new initiative, that aims to protect precious mangrove forests in the Manglares del […]
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EU-Parliament President David Sassoli urged EU leaders to take action on Europe’s recovery in the wake of the Covid-19 crisis. Sassoli addressed heads of state and government at the start of a video conference of the European Council on 19 June to discuss the recovery plan and the EU’s next long-term budget. “Time is a […]
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A recent survey of UNWTO showed that employers from across global tourism are taking the lead in supporting their workers and helping the communities in which they operate, research carried out into the sector’s response to COVID-19 has found. As the sector faces up to an unprecedented challenge, the World Committee on Tourism Ethics (a subsidiary of […]
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