Total tourism and leisure industry deals for September worth USD8,96 billion were announced globally, according to GlobalData’s deals database.
The number of international travellers from India to the UAE is set to grow from 2,6 million in this year to 3,3 million in 2023, increasing at a compound annual growth rate (CAGR) of 6,1 percent, according to GlobalData, a leading data and analytics company.
Following the news September 27 that Saudi Arabia has introduced reforms to its visa regulations and dress-code restrictions for women to encourage foreign tourists, Richard Thompson, editorial director, GlobalData, a leading data and analytics company, offered his view on Saudi Arabia’s tourism market.
Tourism friendly policies, low cost connectivity and weak currencies played a vital role in attracting international visitors to Asia with six out of the top 10 cities in terms of international visitor arrivals in 2018 were from the region, according to GlobalData, a leading data and analytics company.
Following the news on February 14 that Airbus is ceasing production of its A380 aircraft, Nick Wyatt, head of travel & Tourism, GlobalData, a leading data and analytics company, offered his view on this development.
The outbound family travel market will grow at a Compound Annual Growth Rate (CAGR) of 4.6 percent from 300 million trips in 2017 to 376 million in 2022, according to GlobalData, a leading data and analytics company.