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As the Asia-Pacific region consolidates its recovery from the impact of the pandemic, China reclaims its position as the top international tourism spender in 2023. The United States topped the list of top spenders in 2022. France, Spain and the United States topped the most visited destinations. Top countries for tourism spending in 2023 China’s outbound travel spending will reach $196.5 billion in 2023, ahead of the United States ($150 billion), Germany ($112 billion), the United Kingdom ($110 billion), and France ($49 billion). The top 10 spending countries in 2023 are Canada, Italy, India, the Russian Federation, and South Korea.…
According to the latest research from the World Economic Forum, international tourist arrivals and the travel and tourism sector’s overall contribution to the global economy are projected to reach pre-pandemic levels in 2024. This optimistic outlook is underpinned by the lifting of COVID-19 travel restrictions and a strong desire to travel after years of restrictions.Source: ©Blazej Lyjak via 123RFThe top economies in 2024 are the United States, Spain, Japan, France and Australia. The Middle East has the strongest recovery in international tourist arrivals (up 20% compared to 2019), while Europe, Africa and the Americas all show strong recoveries of around…
Chris Romer With ski season coming to an end and summer vacation just around the corner, it’s important to recognize the significant impact tourism has on Colorado’s economy. In 2022, more than 90 million visitors visited our state and spent a record $27.7 billion. This level of tourism supports our small businesses, supports job growth and provides tax revenue for our cities. Unfortunately, the benefits of this economic impact are now at risk. Every year, millions of Americans use credit card rewards to book vacations and trips to see loved ones. Credit card rewards like cash back, airline miles and…
In part two of our health and travel report, we spoke to some leading experts leading new longevity-focused health and wellness spaces in and around London. You can read part one here. London is becoming a hub for new wellbeing spaces offering more than just facials and massages: The Global Wellness Institute revealed that wellness travel is growing 30.2% annually from 2020 to 2022, and predicts that wellness tourism will grow to 8.3% of all travel by 2027. Longevity Health & Wellness Hotel.(Credit: Shawn Fisher Photography 2019) One area of current interest in London is longevity, which overlaps with trends…
Valencia CF and TM Group Inmobiliario, in collaboration with LALIGA, Sport + Vitality and the Tour de España, have organised a new international conference in Eindhoven (Netherlands) to discuss the importance of sustainable tourism, which is key to the present and future of both countries. To watch this video, please enable JavaScript and consider upgrading to a web browser that supports HTML5 video. The day concluded the international tour carried out by Valencia CF and TM Group Inmobiliario, outstanding companies in the responsible housing, hotel and holiday tourism sector and specialists in the construction and promotion of homes on the…
RAK Tourism sought local community participation after launching its “World’s Most Relaxed Cats” brand campaign earlier this year. Specifically, it will nurture young creative talent in the UAE through its Higher College of Technology (HCT). Working with Jana Dambekalne, lecturer at the School of Applied Media, it was suggested that the students be given the task of taking a brand and a brand character and really making the campaign their own. The task was then extended to add sustainable design. Student submissions ranged from specially designed, branded 3D paper cut-out models of cats to actual cat dictionaries. The five finalist…
These are digital nomads’ top picks for an affordable summer getaway in europe. advertisementSummer in Europe? Many of us dream of packing our bags and renting a beach villa or city apartment for the months of June, July and August.But it’s no coincidence that this dreamy summer period coincides with high season. So where can you make your European summer dreams come true without spending a fortune?According to users on Reddit’s r/travel forum, these are the most affordable places to live in Europe in the summer.Relax on the sunny Adriatic coast in Budva, MontenegroLooking to spend your summer by the…
As voters prepare to head to the polls, Euronews correspondents analyse what’s at stake in the country’s key battlegrounds. advertisementFrom 6 to 9 June, some 373 million European Union voters will elect 720 new members of the European Parliament in the largest international vote in history.But despite the EU’s increasingly visible role in tackling common challenges such as security, defence, climate change, the cost of living and migration, the outcome of the vote is likely to be heavily determined by domestic issues.The vote will define the political landscape across the EU’s 27 member states at a critical time for Europe,…
The appointment of Charles Michel’s successor will not be a matter of name but rather of which of four main configurations will emerge after this week’s elections. advertisementThe race for leadership of the European Council – the contest for the honor of guiding EU leaders through the next five years of office – has the peculiarity of being extremely difficult to predict.The EU’s collection of heads of state and government is an elite club and anyone hoping to chair it must have been there before, so having served as a political head of state is one of the conditions for…
Sports tourism marketThe sports tourism market size is valued at US$581 billion in 2022, with total sports tourism revenue expected to grow by 17.3% from 2023 to 2029, reaching approximately US$177.5 billion.Sports Tourism Market OverviewThe market overview of the Sports Tourism market focuses on specific market characteristics, including factors such as industry competition. Comprehensive market revenue forecasts are provided in the report at global, regional, segment, and country levels. The sales forecast for each region and industry in the report is one of the key highlights of the report.Sample request link: https://www.maximizemarketresearch.com/request-sample/191030 Scope and Research Methodology of the Sports Tourism…