Allianz Global Assistance Reveals Top 10 Domestic and International Destinations for Thanksgiving Travel
A new report from the World Tourism Organization (UNWTO) and the European Travel Commission (ETC) shows that outbound tourism from the Gulf Cooperation Council (GCC) – comprising six countries of the Arabian peninsula – has grown strongly in recent years, with international tourism expenditure surpassing USD 60 billion in 2017.
Travel to and within the U.S. grew 1.6 percent year-over-year in September, according to the U.S. Travel Associations latest Travel Trends Index (TTI) – marking the industrys 105th straight month of overall expansion.
The new research reveals how the travel industry is developing within the fast-changing global economic and social environment.
European destinations reported healthy growth this summer despite rising political risks and less relaxed financial conditions posing a threat to the global economic outlook. Growth momentum was boosted by robust intra-European demand and improved air connectivity, notably from China.
The International Air Transport Association (IATA) announced global passenger traffic results for September showing that demand (measured in revenue passenger kilometers, or RPKs) rose 5.5% compared to the same month in 2017.
China to be largest passenger market by 2040
Upgraded Points released a detailed study that revealed the reasons behind the fastest growing and declining airports in the U.S. over the last 10 years. The research indicates that the declining traffic rates were related to airline hub shifts and relocations, in addition to economic factors within the surrounding communities.
Scotland and the Netherlands join top 5 up and coming European destinations while Singapore moves up a notch in the Asia/Southeast Asia category
The latest Virtuoso Luxe Report shows travel in 2019 will be highly personalized and inspired by a desire to experience new destinations in unusual ways.