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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…

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…

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…

Tourism may grow in Mexico despite rising violence

Location:

MEXICO

Tourist security.

Air traffic will take years to return to 2019 levels

Location:

INTERNATIONAL

However, it remains uncertain how evolving measures to curb the spread of COVID-19 will affect their operations, how long it will take for consumer confidence to recover, and…

US combat aircraft will enjoy near-term dominance

Location:

INTERNATIONAL

All three European multi-role fighters now in production have lost out to a US rival in direct competition on the continent. The F-35 is newer than its European rivals and has…

August wildfires will force Greek rethink on climate

Location:

GREECE

Temperatures reached 47 degrees Celsius -- the severest heatwave since 1987. About 100,000 hectares of forest were reduced to ashes in just two weeks in Attica, Evia and the…

Only vaccines or drugs will end social distancing

Location:

INTERNATIONAL

Studies currently estimate that only a small fraction of people were infected prior to strict social-distancing enforcement. A major second wave of COVID-19 cases and deaths is…

Global travel deals will be subject to reversals

Location:

INTERNATIONAL

The pandemic has seen an unprecedented reduction in global travel. Previously unthinkable travel bans and border closures have been implemented throughout the world in an attempt…