LOW-COST TOURISM FACES A PARADIGM SHIFT

Joe McClain -
When discussing inflation, it identifies price increases. In Europe, the Consumer Price Index (CPI) decreased to 5.5% year-on-year in June, significantly lower than its peak of 10.6% in November last ...

THE TOURISM AUTHORITY OF THAILAND DOWNGRADED ITS FORECAST FOR THE TOURISM REVENUE 2024

Justin N. Froyd -
The TAT (Tourism Authority of Thailand) has stated that Thailand will not be able to achieve its previous tourism goals in 2024 due to multiple crises. The government had aimed to attract 40 million i ...

INDIA IS AN ATTRACTIVE SOURCE MARKET FOR VIETNAMESE TOURISM

Kevin Eagan -
As per the National Tourism Administration, Vietnam received approximately 5.6 million international visitors during the first half of 2023. Notably, there was a significant rise in Indian tourists, w ...

TRAVEL TRANSACTIONS ARE DOWN 38.8% IN THE FIRST HALF OF 2023

Cecilia Garland -
365 deals, including mergers and acquisitions, private equity, and venture financing agreements, were announced in the global travel and tourism industry in the first half of 2023. ...

EGYPT AIMS TO ATTRACT 15 MILLION TOURISTS IN 2023

Alec Hills -
Minister of Tourism and Antiquities Ahmed Eissa announced the success of the action plan adopted by the ministry and the private sector to attract tourists to Egypt. ...