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ITB Berlin: Int’l Tourism Spending to Reach pre-Covid-19 Levels in 3 to 5 Years

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Itb Berlin: Int’l Tourism Spending To Reach Pre Covid 19 Levels In 3 To 5 Years
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International tourism spending is expected to reach the pre-Covid-19 crisis levels in 3-5 years, a survey by Euromonitor International revealed during the virtual ITB Berlin NOW 2021 trade show. According to data presented by Euromonitor International Head of Travel Research Caroline Bremner, global tourism inbound spending dropped by 57 percent in 2020 compared to 2019.

Euromonitor: Digital and Sustainable Innovations will Boost Travel Recovery

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Euromonitor: Digital And Sustainable Innovations Will Boost Travel Recovery
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Creative new ideas in digital and sustainable technologies will help travel and tourism to rebound after the coronavirus (Covid-19) pandemic, according to Euromonitor International. The global research specialist said its best-case scenario sees the travel and tourism sector taking at least three years to recover to pre-coronavirus levels. However, the industry has a