Deya Bandyopadhyay’s Post

"Business travel has been slower to recover than leisure tourism, but it is catching up. In most countries around the world domestic tourism already returned to 2019 levels earlier this year and international travel is not far behind. Corporate travel spending, however, is expected to take at least another year to return to 2019 levels, according to the Global Business Travel Association Business Travel Index Outlook. The report singles out Western Europe as the fastest growing region for business travel spending, followed by North America." - Statista

"Business travel has been slower to recover than leisure tourism, but it is catching up. In most countries around the world domestic tourism already returned to 2019 levels earlier this year and international travel is not far behind. Corporate travel spending, however, is expected to take at least another year to return to 2019 levels, according to the Global Business Travel Association Business Travel Index Outlook. The report singles out Western Europe as the fastest growing region for business travel spending, followed by North America." - Statista

In an era where Travel & Tourism is one of the world’s most dynamic industries, the economic benefits of international travel to the United States are undeniable. This sector not only creates jobs and supports exports but also brings in significant revenue from foreign visitors. While domestic tourism is vital, international travel introduces new money into the U.S. economy, enhancing its impact. Our latest blog covers current international travel trends and strategies to boost international tourism. You can read it here: https://lnkd.in/gJjybsbq #TravelAlliancePartnership #DestinationMarketing #USTravel #InternationalTravel #traveltrends2024 #TAPintoTravel

A new dawn for the travel industry - According to the World Travel and Tourism Council (WTCC), the global travel industry is predicted to reach a value of $9.5 trillion at the end of 2023, this is a phenomenal bounce back from the COVID pandemic https://lnkd.in/egba4-3Z

Positive projections for European travel recovery in 2024! The latest insights from Luxembourg for Tourism GIE's first Quarterly Report for 2024 are in, providing a comprehensive analysis of the current trends in travel demand and booking patterns. Despite recent challenges, the outlook for international travel to Europe remains promising, with forecasts indicating a full recovery by the end of the year. Here are some key highlights from the report. #travel2024 #traveloutlook #travelrecovery #travelnews #quarterlyreport #travelinsights #lfttravelinsights #marketresearch #travelreport #visitluxembourg #luxembourgfortourism

A new dawn for the travel industry - According to the World Travel and Tourism Council (WTCC), the global travel industry is predicted to reach a value of $9.5 trillion at the end of 2023, this is a phenomenal bounce back from the COVID pandemic https://lnkd.in/egba4-3Z

"According to the Economist Impact report on the future of the travel and tourism industry, most people agree that travel can awaken new perspectives on life. It builds tolerance and acceptance through experiences with people, places, and cultures unlike their own. In fact, 79% of travelers feel that travel expands their worldview, and seven in ten believe it increases their empathy towards others. What’s more, the cultural exchange we experience through travel is inevitably a two-way street. It is not only the traveler who gains insights and impressions from the cultures with which they interact, and two-thirds of the respondents agreed that inbound tourism improved tolerance towards foreigners visiting their local area." - via Statista 🧳 #travel #hotels #hospitality

"According to the Economist Impact report on the future of the travel and tourism industry, most people agree that travel can awaken new perspectives on life. It builds tolerance and acceptance through experiences with people, places, and cultures unlike their own. In fact, 79% of travelers feel that travel expands their worldview, and seven in ten believe it increases their empathy towards others. What’s more, the cultural exchange we experience through travel is inevitably a two-way street. It is not only the traveler who gains insights and impressions from the cultures with which they interact, and two-thirds of the respondents agreed that inbound tourism improved tolerance towards foreigners visiting their local area." - via Statista 🧳 #travel #hotels #hospitality

Industry Insight: Australian Travel and Tourism Staying up to date with industry trends and opportunities is crucial for fostering future growth and success. Discover the latest insights in the Australian travel and tourism industry with Tourism Australia's latest Essentials newsletter. This newsletter not only brings you up to speed with developments Down Under but also offers a look into emerging markets, innovative tourism strategies, and key regional highlights. Tourism Australia is engaging the global and local travel industry through a series of initiatives, including webinars featuring insights from industry leaders, international promotional events, and partnerships aimed at enhancing Australia's tourism offerings and market reach. Ensure you're well-equipped with knowledge and inspiration to navigate the ever-evolving landscape of travel and tourism in Australia. For more information, follow the link bellow to Tourism Australia's newsletter: https://lnkd.in/eAS683xk #tourismaustralia #tourism #travel #travelindustry #tourismindustry #industrynews #australia #travelandtourism #essentials