The global travel industry is expected to reach close to USD3 trillion and grow by 3.3% by 2024, according to Euromonitor.
Euromonitor International Analysis on Income Inequality
A recent analysis by Euromonitor International shows that, generally, the larger the city, the higher the income inequality all over the world. The conclusion is valid in the U.S., but also in Brasil and China.
Russia Inbound Tourism A Disaster: Vladimir Kantorowich
A World Travel Market panel in Moscow has dubbed the Russian Federation’s inbound travel as a disaster. Vladimir Kantorowich claims the government has done little to promote tourism in the country.
Russia’s Economic Recuperation: Hotel Industry Spotlight
In hotel news from the Russian Federation, hotel values there are expected to rise, as well as in the Commonwealth of Independent States, and the Republic of Georgia, according to several reports. Some estimates suggest the growth rate at up to double that of other countries in Europe.
Turkish Delight Has Yet To Lose Its Charm
Tourism in Turkey is on course for yet another strong performance as the Easter holidays approach, says the Euromonitor International tourism market analyst firm in a new report released this week.