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Patricia de Lille has been reappointed as South Africa’s Minister of Tourism following the announcement of a new government by President Cyril Ramaphosa. The decision comes at a crucial time for the country’s tourism industry, which is showing strong signs of post-pandemic recovery. International tourism is expected to fully recover in 2024, and South Africa’s tourism industry is well poised to take full advantage of growing global demand and improved air connectivity. The country has seen a significant increase in flight routes and frequencies for major international airlines, making it more accessible for international travellers. The first…
RIYADH: Saudi Arabia’s sovereign wealth fund reported strong financial results for 2023, achieving revenues of 331 billion Saudi riyals ($88.3 billion) from a diversified investment portfolio, recording more than 100 percent growth from 2022. The Public Investment Fund presented its consolidated financial statements for the year ending Dec. 31, 2023, showing strong revenues and significant progress towards long-term goals, and highlighting its efforts to drive Saudi Arabia’s economic transformation. A report conducted by KPMG confirmed that the consolidated financial statements accurately reflect the group’s financial position in accordance with International Financial Reporting Standards. The financial statements, prepared and published in…
CAIRO, July 2 (Bernama/Xinhua) — Egypt announced on Monday that tourism revenue for the first half of 2024 will reach $6.6 billion, surpassing the $6.3 billion recorded in the same period in 2023, Xinhua reported. The Egyptian Ministry of Tourism and Antiquities said in a statement that tourist numbers reached a record high of 7,069,000 in the first half of 2024. Tourist overnight stays reached 70.2 million from January to June, beating last year’s record of 67.6 million. Egypt aims to accommodate 30 million tourists by 2028 by increasing the provision of inbound airline seats and hotel rooms across the…
Adventure Tourism MarketProjected revenue increase:The adventure tourism market size is valued at USD 465.02 billion in 2023, and the adventure tourism market is expected to grow by 27.3% from 2024 to 2030, reaching approximately USD 2519.28 billion.Adventure Tourism Market Overview:The adventure tourism market is experiencing robust growth across the globe, driven by rising consumer demand for unique and immersive travel experiences. Adventure tourism targets thrill seekers and nature lovers seeking activities such as trekking, mountaineering, wildlife safaris, and extreme sports such as skydiving and bungee jumping. The growth of this market is fueled by rising disposable income, a desire for…
The mayor is considering raising the entrance fee for foreign visitors to Himeji Castle. (Source: Getty)Australian tourists could soon be charged up to six times more to visit popular Japanese destinations, as they flock to Japan in droves to take advantage of a weak yen.According to the Japan Tourism Board, the number of Australians visiting Japan in the first three months of this year reached a record high of 252,900, well above pre-pandemic levels and compared with 172,896 travellers visiting Japan in the same period in 2019.With tourism booming and the dollar weak, some Japanese government officials believe now is…
Top 10 Tourist Attractions in the World for 2024: The world is home to a plethora of incredibly fascinating destinations that attract millions of travelers every year in search of unique experiences that allow them to experience diverse cultures, gain new perspectives, and create unforgettable memories.As the global tourism industry continues to recover in the wake of the pandemic, 2024 is shaping up to be an exciting year for travelers looking to explore the world. From the skyscrapers of New York City to the ancient ruins of Rome to the holy sites of Abu Dhabi, these destinations continue to captivate…
Tourists are flocking to Japan to take advantage of the weak yen, with the latest statistics from the Japan National Tourism Organization reporting visitor numbers to exceed pre-pandemic levels. Last week, JNTO revealed that tourist numbers in May were up 9.6% compared with May 2019. This marks the third consecutive month this year in which visitor numbers have topped 3 million. Inbound tourism is a big contributor to local economies, with Reuters reporting that spending by visitors to Japan is set to reach 5 trillion yen in 2023, but some businesses and destinations are struggling to keep up with the…
Firefighters continued to work Monday to contain the Riley Fire in the Denali Borough near the entrance to Denali National Park. (Photo courtesy of Denali Borough) The wildfires, which closed Denali National Park and Preserve Sunday afternoon and into Monday, shattered the dreams of thousands of travelers who had made the park a key part of their Alaska travel itineraries.Tourism officials said the Riley Fire, which started near the park’s entrance, caused power outages and cut off electricity and water to nearby Glitter Gulch, a jumping-off point into the park lined with hotels, shops and restaurants, forcing many people to…
The witty video, which includes phrases like “You wouldn’t come here” and “Is this a city?”, has been shared thousands of times on X (formerly Twitter) and has been viewed more than six million times.The video shows a Norwegian man named Halfdan telling the camera all the things he dislikes about the city where he was born and raised.But listening to Halfdan’s emotionless way of speaking makes it clear that Oslo is an ideal place to visit.One thing it doesn’t have is the ease of getting around the city, which isn’t a bad thing if you don’t want to cram…
President Abinader and President Mulino during their meeting, June 2024. Photo: @PresidenciaRD July 1, 2024 6:49 PM Among the proposed strategies, Mulino and Abinader agreed to push for an international treaty, and Dominican officials indicated their intention to advise Panama. On Monday, Panama’s President-elect Jose Raul Mulino and his Dominican Republic counterpart Luis Abinader agreed to boost tourism between the two countries. Related:Cuba and Panama linked by charter flight launch President Mulino emphasized that during his first bilateral meeting with the heads of state attending the inauguration at the Sheraton Hotel in the capital, the two countries also agreed to…