U.S. Travel & Tourism sector set to reach record-breaking high this year says WTTC
New York City, U.S.: The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) last week reveals the U.S. Travel & Tourism sector is forecast to exceed the 2019 peak this year. The sector is set to contribute $2.24TN to the U.S. economy this year, surpassing the 2019 pre-pandemic high of $2.17TN. WTTC is […]
UNWTO Strengthens Cooperation Around Tourism Investments
UNWTO has further advanced its focus on investments in more resilient and sustainable tourism by strengthening its cooperation with both the international community and with the private sector. In this context, UNWTO has joined the World Investment for Development Alliance (WIDA). As part of the Alliance, UNWTO will work to enhance both the level and effectiveness of investment […]
Artificial Intelligence’s Impact on Travel and Tourism Industry
Artificial intelligence (AI) is rapidly transforming various industries, and the travel and tourism industry is no exception. AI is a technology that allows machines to mimic human intelligence and thought processes. In the travel and tourism industry, AI has the potential to revolutionize the way travel and tourism services are delivered to consumers. One of […]
Airports ramp up digital technology investments to meet demands of air travel recovery
ACI World and SITA’s latest Airport IT Insights Survey reveals accelerated digitalization will be key to more resilient and agile airport operations Montreal – Airports Council International (ACI) World and SITA on Tuesday (Apr 11) announced the results of the latest 2022 Airport IT Insights Survey, revealing how airports are ramping up their investment in […]
EBRD and UNWTO Facilitate Tourism Recovery in Greece
UNWTO and the European Bank for Reconstruction and Development (EBRD) have successfully worked alongside the Greek Government to help the country’s tourism sector recover from the impacts of the pandemic. As part of a wider effort to boost resilience and accelerate recovery in the wake of the worst crisis in the history of tourism, the […]
World leaders to shape the future of sustainable tourism at ATM 2023
Dubai, United Arab Emirates: Travel professionals and policymakers from across the globe will explore how the tourism sector is ‘Working Towards Net Zero’ at the 30th edition of Arabian Travel Market (ATM), which will take place at Dubai World Trade Centre (DWTC) from Monday 1 to Thursday 4 May 2023. The four-day event will feature […]
Top 10 busiest airports in the world revealed
Montreal – Airports Council International (ACI) World has today (April 5) published the top 10 busiest airports worldwide for 2022, which welcomes back some of the world’s largest airport hubs as international traffic returns, marking an important milestone in air travel full recovery from the impact of the pandemic. Passenger traffic Preliminary figures indicate that with […]
ACI: Passenger traffic recovery stable in February at -12% against pre-pandemic levels
Brussels: European airport trade body ACI EUROPE on Tuesday (April 4) released its air traffic report for February 2023. Passenger traffic across the European airport network increased by +48% in February compared to the same month last year – when travel remained constrained by Omicron-related restrictions. The growth is predominantly driven by international passenger traffic (+58%) with domestic passenger traffic (+22%) expanding […]
IATA: Air Travel Growth Continues in February 2023
Geneva – The International Air Transport Association (IATA) announced continued strong growth in air travel demand, based on February 2023 traffic results. Total traffic in February 2023 (measured in revenue passenger kilometers or RPKs) rose 55.5% compared to February 2022. Globally, traffic is now at 84.9% of February 2019 levels. Domestic traffic for February rose 25.2% compared to […]
IATA’s “Focus Africa” to Strengthen Aviation’s Contribution to African Development
Geneva – The International Air Transport Association (IATA) is launching “Focus Africa” to strengthen aviation’s contribution to Africa’s economic and social development and improve connectivity, safety, and reliability for passengers and shippers. This initiative will align private and public stakeholders to deliver measurable progress in six areas. “Africa accounts for 18% of the global population, but […]
