Travel and tourism sector witnessed the announcement of 165 deals globally during the first quarter (Q1) of 2024. This represents a year-on-year (YoY) decline of 14.9% compared to the announcement of 194 deals during the same period last year, according …
Though the COVID-19 pandemic-induced travel demand is a positive for the global airline industry, certain factors such as rising airfares, staff shortages, and travel protocols in the wake of new disease variants pose new challenges to the airline companies.
GlobalData’s Company Filing Analytics reveals that environment, social and governance (ESG), COVID-19 and geopolitics are the top three themes mentioned by European tourism companies so far in 2022, respectively, indicating that these are the most pressing issues that the continent’s …
Following the news that The Indian Goods and Services Tax (GST) Council has levied a 12% tax on small hotels and accommodation facilities charging room rent up to INR1,000 ($12.5) per day effective from 18 July 2022.
As the tourism sector has undergone a digital transformation, the wealth of personal customer data that the industry stores has exploded, leaving the industry ripe for cyberattacks.
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