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Middle East and North Africa will lead tourist rebound

Location:

MIDDLE EAST/NORTH AFRICA

The Middle East has been a key market in the post-pandemic rebound in global tourism, boosted by one-off events in the Gulf Cooperation Council (GCC) in 2022. GCC states are…

Tourism will settle to a new normal after the pandemic

Location:

INTERNATIONAL

Tourism outlook.

Turkey-Europe economic and business ties will weaken

Location:

TURKEY

That represented a 1.9-percentage-point (pp) rise in import share and a 0.4-pp fall in export share. Turkey's economic and commercial ties with Europe (EU and non-EU) are strong…

Remittances will further bolster Mexico’s economy

Location:

MEXICO

Mexico has overtaken China in having the second-highest remittance income in the world, behind only India, which receives around USD100bn per year. Growth has been uninterrupted…

Qatar’s diversification plans will lag regional rivals

Location:

QATAR

PMI data indicate that the non-oil private sector continues to expand in 2023 as the government attempts to diversify its economic base away from gas dependency. Regulatory reform…

Prospects for East Asia (ex-China) in 2024

Location:

PROSPECTS 2024

Inflation remains a problem, though there has been a tourism surge. South Korean President Yoon Suk-yeol’s approval ratings remain low, with the opposition winning a key…

Dominican Republic eyes a rapid recovery

Location:

DOMINICAN REPUBLIC

This less-pronounced drop can be explained by a minor uptick in tourism, thanks to border reopening in July, and increased remittances. Improvement is expected to continue as the…

Emerging Asia activity will slow despite China rebound

Location:

INTERNATIONAL

ASEAN's growth is nevertheless expected to outpace global growth, of which China and India are expected to contribute more than 50% -- India about 15% and China around 35%.

Greece will seek to profit from pent-up tourist demand

Location:

GREECE

Despite a stronger-than-expected performance by the Greek hospitality sector during the summer months, 2021 will be a challenging year. The government hopes that it will return…

China’s economy recovers but key issues will remain

Location:

CHINA

Growth in retail sales and industrial value added accelerated in August, supported by rising household incomes and warming domestic demand. Moreover, unemployment edged down…