According to the global tourism body’s latest research, in 2023 the Travel & Tourism sector’s GDP contribution surged by almost 35%, totalling OMR 2.8BN, and is on track to surpass previous records.

U.S. airline industry (passenger and cargo airlines combined) employment increased to 800,259 workers in March 2024, 2,207 (0.28%) more workers than in February 2024 (798,052).

A snapshot of the Amsterdam hotel market in 2024 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.

U.S. airlines carried 70.4 million systemwide (domestic and international) scheduled service passengers in February 2024, according to the Bureau of Transportation Statistics (BTS). When adjusted for seasonality, February enplanements are up 1.3% from January and reached a new all&time high the all&time high reached in February 2024.

Eighty&five percent of business travelers surveyed expect to be on the road the same amount or more often in 2024 versus 2023.

As seen in the Q1 2024 Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total pipeline in the Asia Pacific region, excluding China, (APEC) reached a record&breaking project total of 2,021 projects/402,312 rooms. This new all&time high represents a 7% year&over&year (YOY) increase in projects and a 2% YOY increase...