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Europe’s tourism rebound predicted to continue into 2023

eHotelier

The outlook for travel to Europe is promising despite global pressures such as high inflation, the war in Ukraine and consequent energy crisis, and the looming economic recession. The latest data indicates a recovery of 75% of 2019 travel volumes to Europe in 2022.

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Strong Tourism Growth predicted for Asia Pacific in 2023 and continuing to 2025

eHotelier

Updated forecasts for 39 Asia Pacific destinations, released by the Pacific Asia Travel Association (PATA) today, show a very strong increase in aggregate international visitor arrivals (IVAs) under each of three scenarios in 2023, with robust annual growth continuing to the end of 2025.

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WTTC: Capital investment in travel & tourism to reach nearly $1T

Hotel Business

The World Travel & Tourism Council’s (WTTC) Travel & Tourism Economic Impact 2023 Global Trends Report has revealed an encouraging resurgence in travel & tourism investment, overcoming pandemic setbacks and signaling a strong return to growth. From 2010-2019, investment grew steadily at 4.3%

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WTTC: Consumers shift toward sustainable travel

Hotel Business

A new report by World Travel & Tourism Council (WTTC) and Trip.com Group, together with Deloitte, reveals a heightened appetite for sustainable tourism among consumers, with 69% of travelers actively seeking sustainable travel options. But 2023 is looking even better in terms of travelers’ spend.

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Dear hoteliers – wellness tourism is on the rise

Hotel Owner

Demand for such holidays is growing: the wellness tourism market is projected to reach $1.3tn (£1.03tn) by 2025. Meanwhile, half of all travellers in 2023 were found to have planned vacations with the primary aim of enhancing their wellbeing. As such, sleep tourism is now on the rise.

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Australia’s Hotel Industry – Into 2023 and Beyond 

InnQuest

The contribution to GDP of the tourism industry on the whole is currently 1.6% (Statista). Other figures from Statista are as follows: Australia’s hotel segment specifically is forecasted to see revenues of US $6.75 According to Tourism Australia, there were 2.2 in 2023, with domestic travel increasing by 16.9%

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Japan Hopes To Reach a New Record-Level of Visitors in 2025

Travel Pulse Destinations

The country's leaders hope to increase the number of overnight stays, as well as the amount of tourism spending.

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