Accor forecast 2023 revenue per room (RevPAR) to grow by 15% to 20% amid reorganisation plans implemented in January, and expects core earnings before interests, taxes, depreciation and amortisation (EBITDA) of 920-960 million euros.

An international summit on the rapid tourism rebound, with a focus on tourism cities, opened in Changsha this week.

Prior to the COVID outbreak, Iran’s tourism had been steadily increasing, with over eight million tourists in the Iranian calendar year 1398 (which began March 21, 2019).

Travel restrictions, including a ban on cruise ships landing in Canada at the very start of the COVID-19 pandemic in March of 2020 that lasted until near the end of 2022, made tourism among the hardest-hit sectors of the economy and one of the slowest to come back.

For the first time, UK tourists edged out Germans – who have topped the visitor league tables in Greece for decades – in what some are calling a defiant display of post-pandemic “revenge” tourism.

Thailand’s economy could grow faster than forecast this year as a revival in tourism gathered steam, while the pace of monetary tightening to contain inflationary pressures remained “reasonable”.