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Tourism-reliant economies’ business models will evolve

Location:

INTERNATIONAL

Highly tourist-dependent states in the Global South have suffered dramatic falls in GDP as a result. However, the impact has varied and it is notable that relatively high levels…

Anti-tourism protests will pressure Spain's regions

Location:

SPAIN

Backlash against mass tourism in Spain.

Gulf states will boost United Arab Emirates tourism

Location:

UNITED ARAB EMIRATES

Within the UAE, the tourism giant is Dubai, which has long aimed to attract 20 million visitors by 2020 -- an ambitious goal but not impossible. Abu Dhabi is also a significant…

Earthquakes may dent but not halt Turkish tourism boom

Location:

TURKEY

Turkey’s tourism sector, which is an important source of foreign exchange, economic activity and employment, could have a record year in 2023. Foreign visitor arrivals could grow…

Business models for tourism and airlines will change

Location:

INTERNATIONAL

The initial answers will come from the leisure segment, which is set to recover faster than business travel. For major airlines, reliance on business customers and travel hubs are…

Travel coordination failure may spur Europe depression

Location:

EU

Travel and tourism supports 22 million jobs in the EU and accounts for almost 10% of GDP. Its importance is greater still for the economies of Southern Europe, already vulnerable…

Climate change will affect European tourism flows

Location:

EUROPE

European tourism.

Jordan’s tourism hopes depend on visitor management

Location:

JORDAN

Although the large hike reflects pandemic recovery, the 940,000 tourists arriving in the first two months also significantly exceed those recorded in the last ‘normal’ year of…

Tourism is recovering but faces many headwinds in 2023

Location:

INTERNATIONAL

However, despite this relief in 2022, significant challenges lie ahead: energy issues, inflationary pressures, an US appreciating dollar, staff shortages and geopolitical risks…

Euro-area outlook depends on continued fiscal support

Location:

EU

The lifting of most COVID-19 restrictions, the revival in intra-EU tourism and a strong rebound in private consumption are key factors behind the optimistic forecasts. The…