On 2023, as the sun sets, Trip.com Group, an international front-runner in terms of online travel services, shows travel sector’s dynamic landscape over the past year, providing understandings into the trends to shape the ride in 2024.

International tourists are being lured by global destinations offering a free visa policy. This enticing approach simplifies travel logistics, eliminating visa hassles and expenses. From the pristine beaches of Seychelles to the cultural richness of Nepal, nations are embracing open-door policies, inviting visitors to explore without the traditional bureaucratic hurdles.

China is well-known for its rich history, diverse landscapes, and vivacious culture, and in recent times, it has been working hard to get over a significant challenge by drawing international tourists.

In addition to its annual summit, IITA delivers education and training designed to help the industry grow international travel. 

As the Global Day of Observance for tourism, it offers a chance to celebrate the sector’s vital role in advancing peace and prosperity and UNWTO’s global regions take turns in hosting the official celebrations, always around a timely and relevant theme.

According to US National Travel and Tourism Office, 36 million Americans travelled abroad between January and May – 35 per cent more than in the previous year.

City, state, and federal leaders all meet to discuss different ways to promote tourism to help boost the economy.

Carnival Corp (CCL.N) shares are up 120% year to date, while shares of Royal Caribbean Cruises have more than doubled and Norwegian Cruise Line Holdings (NCLH.N) shares have gained 72%.

A total of 365 deals (mergers & acquisitions, private equity, and venture financing deals) were announced in the travel and tourism sector globally during the first half (H1) of 2023, which was a decline of 38.8% compared to 596 deals announced during the same period in the previous year, reveals GlobalData, a leading data and analytics company.

Around 1.97 million tourists had visited Israel, in the first half of 2023, spending around 11.7 billion shekels, as confirmed by the ministry. However, these numbers are lower to the corresponding time of 2019. For Israeli tourism, this was a …