Search results

COVID-19 and oil shocks raise Gulf recession risks

Location:

GULF STATES

Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…

Tourism will settle to a new normal after the pandemic

Location:

INTERNATIONAL

Tourism outlook.

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…

South Africa’s tourism sector set for more turbulence

Location:

SOUTH AFRICA

Tourism has been identified as a priority sector to drive economic recovery in the government’s recent strategy, as well as in the recovery strategies agreed by business and…

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…

Hoped-for Balkan tourism recovery is unlikely in 2022

Location:

BALKANS

After the COVID-19 pandemic devastated the tourist sector in 2020 and 2021, countries where tourism is important were eyeing a ‘golden year’ in 2022 now that most travel…

Fires and illness will blight Australian tourism

Location:

AUSTRALIA

Restrictions on travel from China have caused direct losses of up to 2 billion Australian dollars (1.3 billion US dollars) in that market alone. Meanwhile, Australian tourism and…

COVID-19 crisis could force Caribbean tourism rethink

Location:

CARIBBEAN

As the English-speaking Caribbean countries attempt to reopen their economies in the aftermath of the initial COVID-19-related lockdown, policymakers, business leaders and think…

Cost advantages will boost tourism in Southern Africa

Location:

SOUTHERN AFRICA

Outlook for the tourism sector in Southern Africa.

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…