As the Global Day of Observance for tourism, it offers a chance to celebrate the sector’s vital role in advancing peace and prosperity and UNWTO’s global regions take turns in hosting the official celebrations, always around a timely and relevant theme.
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.
Around 1.97 million tourists had visited Israel, in the first half of 2023, spending around 11.7 billion shekels, as confirmed by the ministry. However, these numbers are lower to the corresponding time of 2019. For Israeli tourism, this was a …