UAE tops Mena region in travel, tourism development indexThe UAE has ranked first in the Middle East and North Africa (Mena) region and 18th globally in the World Economic Forum’s Travel & Tourism Development Index (TTDI) . According to the report released More… |
Travel & tourism set to break all records in 2024, says WTTCThe World Travel & Tourism Council (WTTC) is projecting a record-breaking year for travel and tourism in 2024, with the sector’s global economic contribution set to reach an all-time high of $11.1 trillion. More… |
EU tourism sector on track for full recovery, says WTTCThe travel & tourism sector of the European Union (EU) is forecast to reach 98% of the 2019 peak, according to the World travel & tourism Council’s (WTTC) 2023 Economic Impact Research (EIR). The sector is set to con More… |
Beijing set to become world’s top tourism destinationBeijing will overtake Paris within the next decade to become the world’s largest travel & tourism city destination, said the World travel & tourism Council (WTTC) in a new report. The Cities Economic Impact Report, s More… |
Travel & tourism deal activity down 3.4% in 2022, says reportA total of 1,006 deals - including mergers and acquisitions, private equity and venture financing deals. were announced in the global travel and tourism sector last year, which is down 3.4% when compared to the total of 1,041 deals announced i More… |
Tourism industry ‘could cut 40% of emissions by 2050’The travel & tourism industry could reduce its emissions by more than 40% by 2030 by taking radical action to contribute to the race to net-zero, according to a new report. The new report ‘Better Travel & Tourism, Be More… |
Travel & tourism can reverse nature loss, says WTTCTravel and tourism can play a critical role in halting and reversing the destruction of nature, according to a new report published by the World Travel & Tourism Council (WTTC). The report, which will help businesses understan More… |
Egypt facing daily loss of $2m due to UK red list: WTTCThe Egyptian economy could face daily losses of more than EGP31 million ($1.97 million) if it stays on the UK’s travel ‘red list’, according to research conducted by the World Travel & Tourism Council (WTTC). More… |
Egypt facing daily loss of $2m due to UK red list: WTTCThe Egyptian economy could face daily losses of more than EGP31 million ($1.97 million) if it stays on the UK’s travel ‘red list’, according to research conducted by the World Travel & Tourism Council (WTTC). More… |
Travel & tourism sector deals up 4.5% in AugustA total of 115 deals were announced in the global travel and tourism sector during August, which is an increase of 4.5% over 110 deals announced during the previous month, according to GlobalData, a leading data and analytics company. More… |