Nash Advisory & Capital’s Post

Exciting news for US tourism! The World Economic Forum's Travel and Tourism Development Index 2024 https://lnkd.in/gt6-qUju has ranked the United States as the top destination globally. This achievement reflects our nation's:   • Robust infrastructure • Diverse landscapes and cultural offerings • Strong business environment • Excellent air transportation network   As a tourism professional who was on the Advisory Board for this Index, I'm proud of how our industry collaborates across local, regional, and state levels. From iconic cities to emerging destinations, we're seeing strategic marketing efforts pay off.   Key factors in our success: 1. Data-driven decision making 2. Embracing technology 3. Investing in sustainability 4. Fostering public-private partnerships   What do you think sets the US apart as a travel destination? How can we continue to innovate and grow in the tourism sector?   Let's discuss the future of travel and tourism! 👇 Shirin Jafari, MTA Mitchel Anzivino Brisa Lee Michael Christensen Bernadine Galliver Brooke Adamson, MBA Abigail Harrod Brian Tress   #USTourism #TravelIndustry #Sustainability #WEF #JLL

The top ten countries with the best tourism economy in 2024, determined by the travel and tourism Development Index, the United States ranks first, followed by Spain, Japan, France, Australia, Germany, Great Britain, China, Italy and Switzerland. The index focuses on tourism sectors and country factors such as airports, land transport and ports, natural and cultural resources, stability and security, price competition and the openness of destinations to tourism. #Tourism

Kearney just released a groundbreaking report at #FHSWorld, highlighting major shifts in global tourism trends! With travelers increasingly seeking sustainable and experiential destinations, emerging markets like the Red Sea coastline and the Albanian Riviera are on the rise. Middle Eastern hubs are poised to capitalize on this trend, thanks to visionary projects and strategic investments in tourism infrastructure. Discover how eco-friendly travel and wellness tourism are reshaping the future of the industry: https://hubs.la/Q02RQbNl0

Travel & Tourism set to Break All Records in 2024, reveals WTTC: The World Travel & Tourism Council (WTTC) is projecting a record-breaking year for Travel & Tourism in 2024, with the sector’s global economic contribution set to reach an all-time high of $11.1 trillion. According to the global tourism body’s 2024 Economic Impact Research (EIR), Travel & Tourism will contribute an additional $770BN over its previous […] http://dlvr.it/T57lng

Tourism Destinations: Be braver for clear differentiation! Increasing competition makes it more challenging than ever for tourism destinations to stand out. In a world where countless holiday regions compete for guests' attention, clear positioning is crucial. While the importance of a strong brand is evident to many in the tourism industry, many brand promises are interchangeable and lack differentiation. The question arises: Have these tourism experts truly internalized the concept of positioning when we see so many 'natural paradises,' 'family regions,' 'cultural cities,' and 'ski paradises' without genuine uniqueness? How can tourism destinations boldly differentiate themselves? Keen to explore further insights on tourism branding? Check out this link: https://lnkd.in/gyNfKjbQ #Tourism #DestinationBranding #Branding #Positioning #Innovation

🔦𝐒𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭 𝐨𝐧 𝐓𝐨𝐮𝐫𝐢𝐬𝐦 𝐆𝐫𝐨𝐰𝐭𝐡 📈 Leisure tourism is expected to continue to spearhead #global #travel growth in 2024, especially for #domestic and short-haul destinations. From our Tourism Economics’ latest Travel Industry Monitor (TIM), which tracks the views of tourism professionals every quarter, here are a few key findings: ➡️ Overall, the results reveal a more uniform growth trajectory for different forms of travel in 2024 compared with recent years, as the industry has transitioned in the wake of COVID-19. ➡️ However, cost-of-living, and inflationary pressures are influencing consumers. Nearly 90% of respondents agreed that value for money will be a key consideration for travel purchases in 2024. ➡️ Meanwhile, opportunities still exist in the industry to service increasing demand for luxurious experiences as nearly two-thirds agreed that the trend of affordable luxury will remain important this year. 👇Full Report Here👇 #leisuretourism #domestictourims #tourismforecasting #travelprojections #tourismeconomics #travelandtourism #shorthaul #destinations #globaltravelgrowth Oxford Economics

ICYMI: Travel & Tourism set to Break All Records in 2024, reveals WTTC: The World Travel & Tourism Council (WTTC) is projecting a record-breaking year for Travel & Tourism in 2024, with the sector’s global economic contribution set to reach an all-time high of $11.1 trillion. According to the global tourism body’s 2024 Economic Impact Research (EIR), Travel & Tourism will contribute an additional $770BN over its previous […] http://dlvr.it/T59chX

https://lnkd.in/d3uTKT_c Caribbean Tourism Strategy to Blend Technology with Authentic Experiences for Global Travelers

The latest quarterly tourism outlook for 2024 from our survey of 100 tourism professionals is here #tourismeconomics #travelindustry