Hospitality & Tourism

China logs 110 million inbound, outbound travelers in July and August 2024

On August 24, China logged the highest daily number of inbound and outbound travelers at nearly 2.24 million

9.11 million foreign tourists visit South Korea during January and July 2024, up 66.8 percent

This figure represents 97 percent of the tourist levels recorded in July 2019, prior to the COVID-19 pandemic

China’s 20 key tasks aim to revive consumer spending across entertainment, tourism and more

The tasks urged increased credit support for critical areas of service consumption to reinvigorate weak domestic demand

Spain fines Booking.com over $446 million for alleged anti-competitive practices

Booking.com will appeal the "unprecedented" decision, arguing it offers valuable programs to support accommodation partners

International visitors spend record $3.7 billion in Brazil in H1 2024

This represents a 15.6 percent surge compared to the first half of 2023

South Korea’s foreign tourist arrivals recover to 96 percent of pre-pandemic levels in June

Chinese tourists remained the top visitors to Korea with 397,000 arrivals in June

China sees 5.4-fold jump in inbound tourism, welcoming over 4.36 million visitors in H1 2024

The number of international travelers entering China under the 72/144-hour visa-free transit policies quadrupled YoY

Malaysia applies to join BRICS, strengthening bilateral relations with Russia

Malaysia's bid to join BRICS was a key agenda item in India's PM's meeting with the Russian Foreign Minister

Japan targets record 35 million foreign visitors in 2024

From April to June, foreign visitors spent a quarterly record of around 2.1 trillion yen

China sees surge in foreign tourism with visa-free policies, diverse payment options

14.64 million foreign nationals entered China through various ports during the first six months of the year

China launches its first e-visa in Shanghai

The e-visa, or electronic visa, is the digital version of the traditional paper visa

Thailand’s tourism sector surges with 17.5 million visitors in H1 2024

Tourists brought the country revenues of over $22.6 billion in H1 2024

Japan’s tourism sector booms with over 3 million visitors in May

Tourism spending reached $11.1 billion in Q1 2024

EU tourism sector surges with 7 percent increase in overnight stays in Q1 2024

Foreign visitors accounted for around 45 percent of all overnight stays in the EU

Global travel and tourism sector to grow by about $15 trillion over next decade: WTTC

The President of WTTC praised the UAE for their efforts in utilising travel and tourism to promote sustainable development

China reclaims top spot with $196.5 billion in international tourism spending in 2023: Report

This reflects the continued recovery of the Asia and Pacific (APAC) region from the impacts of the COVID-19 pandemic

$1.3 trillion to lift China’s tourism sector as domestic travelers flock back

In 2019, Chinese tourists spent $248 billion abroad, accounting for 14 percent of global tourism spending

100 mega events in Hong Kong to attract 1.7 million visitors in next 6 months

Visitors to Hong Kong expected to stimulate around $923 million in consumer spending

Tourism sector back to pre-pandemic levels, but recovery is uneven: Report

The Middle East saw the highest rate of recovery in international tourist arrivals, up 20 percent from 2019

China introduces visa-free entry for tourists entering on cruise ships

China also extends visa-free travel for 11 European countries and Malaysia until the end of 2025

Vietnam’s tourism sector generates $10.7 billion in revenue in four months

The sector served over 6.2 million foreign visitors and 40.5 million domestic tourists in the same period

Best ski resorts in Switzerland in 2024

Economy Middle East takes deep dive into most sought-after Swiss Ski Resorts