Interesting Articles - July 2019
THE WORLD OF TOURISM
W eaker global growth forecast leaves mixed clues for travel industry
record 1.4bn international tourist arrivals, according to the World Tourism Organization (UNTWO), a rise of 6% over 2017. Continuing a long term trend, Europe leads the way in overseas visits, receiving 713 million visitors last year alone. Read more N ew numbers hint at tough 2020 for U.S. tourism industry It ishard to imagine that arevitalizedBrandUSA will be able to counter the effects of an expen- sive dollar and the ramifications of President Trump’svarious tradewarspats. TheU.S. travel sector could be in for a tough 2020. Read more G enealogy travel : A n overlooked niche ? More than 26 million people have taken an at- home ancestry DNA test, according to the MIT Technology Review, with the number of peo- ple joining databases such as Ancestry.com increasing exponentially. The travel industry, too, has been jumping on the bandwagon, with tour operators and cruise lines offering gene- alogy-based travel. Read more
A global economic forecast released by the International Monetary Fund (IMF) may give pause to some travel executives. Short-term drivers for growth are modestly less robust than expected at the start of 2019. The baffling aspect of the IMF’s updated forecast is that travel industry profits are still pretty robust. Read more R ising trend : M ore countries implement a tourist tax Holidaymakers are often used to it – many destinations require to pay a tourist tax. Of- ten the fee is incorporated into the overall fee, which has become a common trend in the in- dustry and more and more countries are likely to implement these rules sooner rather than later. Read more G lobal tourism hits record highs – but who goes where on holiday ?
Tourism is on the rise. In 2018 there were a
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