CAPA – Centre for Aviation (CAPA), part of the Aviation Week Network (AWN), together with carbon reduction strategists Envest Global, has released the 2nd edition of its annual Airline Sustainability Benchmarking Report. In October 2021 CAPA and Envest Global published its initial report, being the first step in providing insights …

LONDON, UK – Cirium’s analysis of the World Airline Group Finance Rankings results for 2021 and the first half of 2022, reveals a massive net loss of nearly US$220 billion dollars since the start of the pandemic. The full extent of damage and steep decline in airline revenues is shown …

Accelerating the digital transformation of travel and expense (T&E) will be vital to improving the employee experience and achieving corporate goals next year, according to a new study conducted by Forrester Consulting, commissioned by Amadeus Cytric Solutions. The study finds global leaders increasingly recognize that, for their businesses to succeed, …

The global vacation rentals market is estimated at USD 74.0 billion in 2022 and is projected to reach USD 119.0 billion by 2032, at a CAGR of 5.0% from 2022 to 2032. According to Future Market Insights, the rising travel connectivity and development in roadways and other transport services has …

An estimated 700 million tourists travelled internationally between January and September, more than double (+133%) the number recorded for the same period in 2021. This equates to 63% of 2019 levels and puts the sector on course to reach 65% of its pre-pandemic levels this year, in line with UNWTO …

HENDERSONVILLE, TENNESSEE, and MILWAUKEE – The Baird/STR Hotel Stock Index jumped 15.8% in October to a level of 5,286. Year to date through the first 10 months of 2022, the stock index was down 8.0%.  “October was a strong rebound month for hotel stocks, and they recouped all their losses …

CAIRO, EGYPT – President Abdel Fattah El-Sisi met with Prime Minister, Dr. Mostafa Madbouly, and Minister of Tourism and Antiquities, Mr. Ahmed Issa. The Spokesman for the Presidency said that the meeting followed-up on the future strategy for the tourism sector. The President stressed the need to boost the ministry’s …

FORT LAUDERDALE, FLA. – Vacation rental marketplace HomeToGo revealed the results of its annual Ski Season Report for 2023, ranking the top 50 ski destinations in North America based on traveler interest and affordability. After carving through heaps of research from ski destinations across the continent – including lift ticket …

The global social media and destination market is estimated at USD 120.0 billion in 2022 and is projected to reach USD 407.35 billion by 2032, at a CAGR of 13.0% from 2022 to 2032. In the new age of marketing the social media is making a commendable progress in the …

MAO, SPAIN – Mabrian, a leading tourism intelligence company, published and presents its new study called ‘The impact of American tourists in Spain’, which collects and analyses data relating to the stays of  United States visitors during summer 2022 to Spain – including data such as the types of tourists, …