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To the Editor: I was part of the overtourism problem too. (“Tourists made Europe a nightmare. I was part of the problem and it will never happen again,” Opinion, July 26th)I’ve been making travel films for 45 years, and like Rick Steves, my message was to just get on a plane and go, but I never imagined travel would explode. In 1985, I made a film about Alaska cruises. Two ships sailed there every week, carrying 600 passengers. Even then, the little port town was crowded. Today, there are at least 20 ships sailing there every week, many of which…
Skift Take India’s federal budget released last week was a disappointment, but one bright spot was that IndiGo, MakeMyTrip and IHCL all reported profitable quarters in their earnings calls. Peden Doma Bhutia Skift Asia Editor Peden Doma Bhutia and India reporter Bulbul Dhawan break down key takeaways from India’s recently announced Union Budget and the financial results calls of IndiGo, MakeMyTrip and Indian Hotels Company Limited (IHCL). Find out how the budget fared compared to travel industry players’ expectations in the latest episode of Skift’s India Travel Podcast. Key Point India’s Budget and Tourism Sector: The Budget 2025 presented by…
With tourism in Africa experiencing significant growth, there is now an urgent need to develop a wide range of skilled professionals with the skills required for modern tourism. Reflecting this demand, UN Tourism has signed a Memorandum of Understanding with the Zambia Ministry of Tourism to establish the ZITHS Mukuni International Tourism and Hospitality Academy in collaboration with UN Tourism. The Academy offers a range of courses, all focused on equipping both students new to the tourism industry and existing tourism workers with the skills they need to find work or advance in their careers. Laying the cornerstone in Livingstone,…
UN Tourism has partnered with Zambia and Zimbabwe to establish Tourism and Culinary Arts Academies to enhance skills development to support Africa’s growing tourism sector. The United Nations Tourism Agency has announced a major step forward in its efforts to promote education and skills development in Africa with the launch of the region’s first collaborative academy. As tourism in Africa experiences significant growth, there is an urgent need to develop a wide range of skilled professionals with the skills required for modern tourism. Reflecting this demand, we signed a Memorandum of Understanding with the Zambia Ministry of Tourism and partnered…
Really supportIndependent journalismClick here for detailsCloseOur mission is to provide unbiased, fact-based journalism that holds power accountable and exposes the truth.Every donation counts, whether it’s $5 or $50.Support us to deliver journalism without purpose. In Sicily, lakes are drying up and fields are baking in the heat, but water still springs up in abundance for tourists.The Italian island has had almost no rain for a year, but the fountains in Agrigento’s famous archaeological park are still flowing and the hotel pools lining the island are full to capacity.Like many Mediterranean islands, Sicilians are used to long periods without rain, but…
Home » Hotel News » IIFA Utsavam boosts film tourism, draws global attention to Yas Island in Abu Dhabi, UAE Tuesday, July 30, 2024Reading time: 6 minutesCelebrating the richness of South Indian cinema, IIFA Utsavam draws global attention to the region’s cinematic strength and significantly boosts film tourism. The prestigious annual event showcases the talent and creativity of the Tamil, Telugu, Malayalam and Kannada film industries, drawing fans and tourists from across the world.By hosting IIFA Utsavam in iconic locations, such as the upcoming event on Yas Island, Abu Dhabi, the festival highlights these destinations as premier tourist destinations. The…
Tourists take photos at Kanas Scenic Area in Altai, northwest China’s Xinjiang Uygur Autonomous Region, July 22, 2024. Xinjiang has seen a tourism boom this year. Taking up about one-sixth of China’s land area, Xinjiang boasts diverse and unique natural landscapes as well as abundant historical and cultural tourism resources. (Xinhua/Ding Lei) Tourists enjoy a performance at the Kazanchi ethnic tourist area in Yining city, Ili Kazakh Autonomous Prefecture, Xinjiang Uygur Autonomous Region, northwest China, 27 July 2024. Xinjiang has seen a tourism boom this year. Taking up about one-sixth of China’s land area, Xinjiang boasts diverse and unique natural…
The northern Indian state of Uttar Pradesh is working with governments in South and Southeast Asia to attract foreign direct investment (FDI) to develop tourism infrastructure at its Buddhist sites. The incentive for the Bhutanese government is land in destinations like Kushinagar, Sarnath, Shravasti, Kapilavastu, Sankisa and Kaushambi, which will be used for developing monasteries and accommodation facilities. At the time of writing, the Uttar Pradesh government has already allotted two acres of land in Varanasi to the Bhutanese government for construction of temples and guest houses. The Uttar Pradesh government has allocated two acres of land in Varanasi to…
The Olympic Games are the world’s largest and most influential sporting event, with far-reaching effects on the economy, tourism and environment of the host city (and even the host country). The 2024 Paris Olympics will be a major driver of tourism to Europe, which could have a knock-on effect on various sectors, especially tourism, and boost economic growth in France and, ultimately, Europe.The World Tourism Indicators 2024 predicts that global tourist arrivals will reach 1.3 billion by the end of the year, indicating a strong recovery in the post-COVID era. Recent data also shows a notable increase in bookings for…
Indian Railway Catering & Tourism Corporation Limited (NSE:IRCTC) has a price-to-earnings (P/E) ratio of 71.4x, which may be sending out a very bearish signal at present, given that almost half of Indian companies have P/E ratios below 34x, and P/Es below 19x are not uncommon. That said, we need to dig a little deeper to determine whether there is a rational basis for the sky-high P/E. Indian Railway Catering & Tourism has been relatively underperforming with poor earnings growth compared to most other companies in recent times. Many are expecting a strong recovery in the company’s lackluster earnings performance, which…