Tourism Breaking News
As the Travel & Tourism sector begins to recover from the COVID-19 pandemic, its contribution to the global economy could reach $8.6 trillion this year, according to a study by the World Travel and Tourism Council. Prior to the pandemic, the Travel & Tourism sector generated nearly $9.2 trillion to the global economy in 2019. However, in 2020, the pandemic killed the sector, causing a massive 49.1% drop, representing a loss of nearly $4.5 trillion.
Breaking News
- World’s steepest cableway opens Switzerland with a new direct connection between Stechelberg and Mürren
- AP Tourism Minister unveils state’s Tourism Policy 2024-2029, aims to attract ₹25,000 crore investment
- Tourism is not just about economic value, but also about fostering deeper global ties: Puneet Chhatwal
- Infrastructure is the scaffold holding tourism sector together, says Mugdha Sinha, Director General, MOT
- Year End Hospitality Quote from Dr. K Prakash Shetty , Founder & Chairman , MRG Hospitality & Infrastructure Pvt. Ltd
- Tourism Minister Shekhawat urges industry to create document on reinstating SEIS scheme in a new format
- ITQ to implement tech solutions for travel agents to help them handle their customers better and scale up their business: Anoop Tewari
- More Indians want to fly business class this holiday season
- India leads global tourism surge with record spending and luxury travel trends
- Unless we address the supply side immediately, we risk missing the tourism opportunity altogether: Suman Billa
- We must shift focus to international market, specially high-value tourism, for greater unit value realisation: Amitabh Kant
