🔥 Portugal's Tourism Boom: Explorer Leads the Way 🔥 With Portugal on the rise as one of Europe’s hottest destinations, we’re excited to see how Explorer is leading the way to meet the growing hospitality requirements of tourists. Last year, the country saw a record number of American visitors. With almost 140,000 US tourists throughout 2023, after Spain and the UK, the States now makes up Portugal’s third most important market. In the first four months of this year alone, US tourists rose 16%, and it is believed, Americans are now number one in terms of hotel bookings in Lisbon. Explorer is rising to meet the demand! Their 4-model investment strategy advice has been honed over the last 10 years and captures the market’s key growth drivers, positioning them perfectly them to deliver some of Portugal’s most sought-after hospitality destinations. #Portugal #Tourism #HospitalityInvestment #TravelTrends #Explorer Photo Credit: Explorer
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The tourism sector anticipates the best summer in history for Málaga. Only a week has passed since the start of the summer season, but the tourism sector in the province of Málaga already has numbers that confirm we are heading for a record-breaking summer. Hotel reservations for July, for example, are already two percentage points higher than the close of this month in 2023. The data presented shows an 8.1% increase in the number of travelers staying in regulated establishments during the first four months of 2024, reaching 2,229,706 travelers. This increase is mainly attributed to the growth of foreign tourism, which has risen by 16%, while national tourism has decreased by 3.6%. Overnight stays also grew by 12%, reaching 8 million, with a notable 18.4% rise in overnight stays by foreign tourists. #tourism #recordsummer
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Antigua and Barbuda Presents a Positive Tourism Activity Report at the Caribbean Travel Marketplace 42 During the first day of the Caribbean Travel Marketplace 42, Colin C. James, CEO of the Antigua and Barbuda Tourism Authority, presented an encouraging report on the nation's tourism performance and updates for 2024. James highlighted that Antigua and Barbuda closed 2023 with a 6% increase in air arrivals compared to 2022. Arrivals reached 281,896, up from 265,119 the previous year, approaching the record of just over 300,000 visitors set in 2019. The first quarter of 2024 has started strong, recording an 11% growth compared to the same period in 2023. This growth even surpasses the figures from 2019, the benchmark year, with an impressive 7% increase. The Antigua and Barbuda Tourism Authority St. John’s Antigua #CHTAMarketplace42 #CHTA @ABCMundial https://lnkd.in/dS2h_GnT
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Take advantage of the booming tourism and hospitality industry to discover and invest in the hidden gems beyond the 7,641 islands of the Philippines, which present prospects for growth and development. Let us help realize your vision of creating sustainable hospitality and tourism ventures that will thrive. Like and follow our page to be updated as we feature the emerging tourist destinations in the Philippines in the coming weeks. #BEYOND7641 #PiliinMoAngPilipinas #TourismAndHospitality #HospitalityInvestment #EmergingTouristDestinations #Philippines #RealEstate #TourismPhilippines #AVISO #WeValueBeyondMeasure
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The Paradox of Popularity: As destinations such as Lisbon, Porto, and Sintra gain popularity and find a spot on everyone's travel wishlist, they unwittingly become victims of their allure. The influx of visitors, while boosting local economies, often overwhelms the delicate balance of these once-pristine locales, changing them forever. In Lisbon's Baixa, once the commercial heart of the city, too many tourists have driven out locals and locally-owned shops and eateries. The impact is evident with 121 closed stores. Vacant buildings are transformed into hotels, and commerce is limited to mediocre restaurants and souvenir stands. The Expresso newspaper looked at how tourism has forever changed Baixa Pombalina, a candidate for UNESCO World Heritage status. They found that centuries-old shops had long gone, and empty storefronts far outnumbered the filled ones. The Baixa is a shadow of its former self. Overtourism also accelerates the erosion of local cultures. Traditional commerce finds itself inundated with tourists, leading to the commodification of their heritage and a loss of authenticity as businesses cater to mass-market demands, diluting the genuine essence of the locale. Overtourism also takes a toll on the environment too, with fragile ecosystems like the Benagil Caves bearing the brunt of increased traffic. Pollution, habitat destruction, and disruption to local wildlife contribute to irreversible damage, eroding the scenic beauty that made these cave destinations famous. https://lnkd.in/dQmhvN3s
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Portugal is set for a historic year, in terms of tourism revenue, the World Travel & Tourism Council(WTTC) has predicted. The WTTC expects inbound tourism to contribute more than €54bn to Portugal’s economy this year. This would represent 20% of the country’s total economy and be up by over 24% on pre-Covid 2019 levels. Read more on ittn.ie https://lnkd.in/eCz-EjRA #ittnswitchedon
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Antigua and Barbuda Presents a Positive Tourism Activity Report at the Caribbean Travel Marketplace 42 During the first day of the Caribbean Travel Marketplace 42, Colin C. James, CEO of the Antigua and Barbuda Tourism Authority, presented an encouraging report on the nation's tourism performance and updates for 2024. James highlighted that Antigua and Barbuda closed 2023 with a 6% increase in air arrivals compared to 2022. Arrivals reached 281,896, up from 265,119 the previous year, approaching the record of just over 300,000 visitors set in 2019. The first quarter of 2024 has started strong, recording an 11% growth compared to the same period in 2023. This growth even surpasses the figures from 2019, the benchmark year, with an impressive 7% increase. The Antigua and Barbuda Tourism Authority St. John’s Antigua #CHTAMarketplace42 #CHTA @ABCMundial https://lnkd.in/ds8_3nXR
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🌎✈️ Discover the Travel and Tourism Development Index 2024, which has just been published: it has a few surprises in store! 🏆 Find out which Latin American countries stand out for their innovation and commitment to sustainable tourism. 🌿🌐 https://lnkd.in/eFqFukJ7 #TourismIndustry #TourismDevelopment #SustainableTravel #LatinAmerica #WEF2024 #TravelandTourismDevelopmentIndex
Travel and Tourism Development Index 2024: Focus on Latin America
visit-latin-america.com
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🟤 In recent years, #Batumi has gained several prestigious accolades as a top destination for #tourism, business, and #investment: Tourism Accolades: 🟤 World Travel Awards: Batumi was named Europe’s Leading Emerging Tourism Destination in both 2022 and 2023, cementing its position as a rising star on the European travel scene. The city also won World's Leading Emerging Tourism Destination in 2022 🟤 Batumi hosted the 2023 Europe Gala Ceremony for the World Travel Awards, further highlighting its growing recognition within the global tourism industry Investment Destination: 🟤 European Best Destinations ranked Batumi among the top 10 best destinations to invest in Europe in 2024, due to its liberalized economy, attractive tax incentives, and affordable real estate 🟤 The city was placed third in the ranking, alongside cities like Monaco and Geneva These recognitions showcase Batumi's increasing appeal both for tourists and investors, highlighting its dynamic growth and strategic importance in the region.
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Over the past decade, #Adjara has emerged as one of Georgia’s top tourist destinations! 📈 Key Milestones: 2010-2013: Major infrastructure improvements laid the groundwork for rapid growth in tourism, with the region attracting more visitors than ever. 2014-2017: Adjara gained international attention for its blend of seaside resorts, cultural festivals, and stunning mountain landscapes. 2018-2021: Luxury resorts, eco-tourism, and adventure travel boomed, attracting visitors from all over the world. 2022-2023: Record-breaking tourism, positioning Adjara as a must-visit destination for both beach and mountain lovers! Whether it's relaxing on the Black Sea coast or exploring the rich culture and nature of the region, Adjara has it all! #AdjaraTourism #ExploreGeorgia #BlackSeaCoast #TourismGrowth #VisitAdjara
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🌞✈️ Vacationing in style! 😄 Our latest publication in "Tourism: An International Interdisciplinary Journal" by Institut za turizam, takes a fresh look at how countries rank in terms of their travel and tourism development. The WEF's TTDI has been a benchmark, but it overlooks the significance of individual criteria. By employing a hybrid multi-criteria analysis with MARCOS and MEREC methods, we discovered a new ranking order. Spain shines at the top, reflecting its outstanding travel and tourism conditions. The full paper is available at: https://lnkd.in/dXcgbdGv Here’s to more groundbreaking discoveries, even when we’re off enjoying some well-deserved R&R! 🌴📚 #Tourism #Research #TourismDevelopment #Travel #TourismIndustry #AcademicResearch
Tourism: An International Interdisciplinary Journal , Vol. 72 No. 4 , 2024.
hrcak.srce.hr
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