HOTEL INVESTMENT IN EUROPE ROSE 18% IN Q1 2023
During the first quarter of the year, hotel investment in Europe was quite active, with a total of 4.1 billion euros invested, which is an increase of 18% compared to the same period in 2022. ...
LUXURY TRAVELERS AVERAGE $8,000 SPENDING THIS SUMMER
Thirty-eight percent of luxury travelers say they plan to spend an average of $8,000 per trip this summer, which can add up to between $8,000 and $32,000 for the year, according to the annual Luxury T ...
STRICT RULES PLANNED FOR AIRBNB RENTALS IN ITALY
The Italian Ministry of Tourism has announced that travelers who plan to visit Rome or Milan for just one night must stay in hotels or with friends. Short stays in Airbnb rentals in Italy and other va ...
MACAU AIRPORT OPERATOR'S LOSS INCREASED BY 9.1% IN 2022
Macau airport operator announced a loss of 567 million patacas (about 66 million euros), an increase of 9.1%, due to the continuing impact of the pandemic. ...
CAPE VERDE PLANS TO REACH 1.3 MILLION TOURISTS
Cape Verde's government has targeted attracting 1.26 million tourists annually by 2026. The aim is to have 40% of visitors arrive on islands other than Sal and Boa Vista, traditionally known as touris ...