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This year’s projected number of travelers for that time period is a 5% increase compared to 2023 and an 8% increase over 2019.

Experts convened by PATA also show that digitalisation, localisation, seamless travel payments and tourism aligned to values are redefining the new Asia Pacific tourism landscape

According to the global tourism body’s latest research, in 2023 the Travel & Tourism sector’s GDP contribution surged by almost 35%, totalling OMR 2.8BN, and is on track to surpass previous records.

CBRE Releases Global Hotel Investor Intentions Survey 2024

Trust in Medical Tourism: 97.2% of medical tourists place immense importance on 'trust' in their healthcare provider, influencing their decision-making process.

CBRE's Australia Capital Flows report tracks investment across the office, industrial, retail, hotel and living sectors. It highlights Japanese buyers snapped up just over $2 billion in Australian assets last year, well up on the $140 million invested in 2022.

While Southern Europe posted the best hotel performances in October, the trend seems to be reversing in November. The first signs of the end-of-year festivities are benefiting the countries of Northern and Eastern Europe, which are world-famous for their ambience, while the warmer countries continue to attract sun-starved tourists.

HVS publication In Focus Singapore 2023 provides an overview of Singapore’s economic outlook, infrastructure development, tourism landscape and hotel market performance, hotel transactions and investment in 2022, COVID-19 situation and outlook.

U.S. travelers are in it for the long haul, with New Zealand, Japan and Vietnam among the summer’s trending hotspots