GlobalData, a primary data and analytics firm, has shown a weakening in mergers and acquisitions (M&A) in the segment of travel and tourism. As per its Financial Deals Database, 365 deals were declared in the international travel and tourismsegment for …

A total of 365 deals (mergers & acquisitions, private equity, and venture financing deals) were announced in the travel and tourism sector globally during the first half (H1) of 2023, which was a decline of 38.8% compared to 596 deals announced during the same period in the previous year, reveals GlobalData, a leading data and analytics company.

The travel and tourism sector has become a prime focus for cyberattacks in recent times, resulting in ransomware incidents arising from data breaches.

France is set to cement itself as the most visited country in the world, according to GlobalData, which estimates that the country will attract 93.7 million international travellers by 2025.

A total of 1,006 deals* were announced in the global travel and tourism sector during 2022, which is a decline of 3.4% over the 1,041 deals announced during the previous year, according to GlobalData, a leading data and analytics company. …

The innovation in the travel & tourism industry is on the rise, with many travel-assisted tools and services, including smart itineraries, popping up to enhance travellers’ experience.

International travel from Europe was expected to make a positive commencement toward revival this year. However, disorder at many European airports is expected to hamper growth with queues and terminations fast becoming air travel standards, said GlobalData. The foremost data …

COVID-19 has impacted almost every individual in this world, generally overshadowing the earlier two-plus years of our lives. Several of our decisions and actions in the last 26 months have been governed by the changeable character of the virus, and …

Despite visible green shoots in key macroeconomic indicators in the first half, the emergence of new COVID-19 variant Omicron and its fast spread has made the global economic recovery increasingly uneven towards the tail end of 2021, due to which …

Inspired by its recent international tourism campaign focusing on adventure tourism, Slovenia is expected to see inbound tourism rise to 5.7 million arrivals by 2024, a 22% increase on pre-pandemic levels, according to GlobalData. The leading data and analytics company …