Smart Technology transforms the Travel Industry
BANGKOK – The travel industry is currently experiencing a revolution, driven by the advanced development of artificial intelligence (AI). With the increasing spread of mobile devices and apps, the market for AI-driven solutions in the travel and event sector will … Continue reading Smart Technology transforms the Travel Industry
Tourism industry vital to EU economy
BRUSSELS – In the EU, summer is often when the tourism season reaches its peak. In 2022, for example, one in four tourism-related trips made by EU residents happened in July or August. The tourism industry makes a significant contribution … Continue reading Tourism industry vital to EU economy
Corporate travel: A long recovery expected
New York – When the COVID-19 pandemic halted travel around the globe, business travelers had to pivot quickly from in-person meetings and events to virtual platforms. As the pandemic continues and travel-industry players look ahead for a rebound, our research shows … Continue reading Corporate travel: A long recovery expected
High Unemployment in the Travel Industry
New York – At the peak of the Great Depression in 1933, unemployment in the nation reached 25 percent. Nearly 90 years later, the coronavirus pandemic has brought the travel industry into a Great Depression of its own. According to new data from … Continue reading High Unemployment in the Travel Industry
Travel Industry Seeking Federal Relief
New York – Decreased travel due to the coronavirus outbreak could equate to an $809 billion economic hit to the U.S. economy and the loss of 4.6 million travel-related jobs in this country by the end of April, according to an analysis prepared by Tourism … Continue reading Travel Industry Seeking Federal Relief