By Diana Mandia and Dina Kartit (Reuters) – The number of nights spent in tourist accommodation in the European Union in 2022 approached pre-pandemic levels, the bloc’s statistics office E[...]
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Spain’s 2023 tourism revenue seen 5% higher than before pandemic
MADRID (Reuters) – Revenue from tourism companies in Spain is likely to be 4.7% higher this year than in 2019, before the COVID-19 pandemic ravaged the sector, industry group Exceltur said on Tu[...]
Read moreDebt bomb, biotech bump and a bond rally: 2023 money predictions
By Chris Taylor NEW YORK (Reuters) – If there was only one word to sum up 2022, “unpredictable” might be the most accurate. Yet we all enjoy trying to predict the future, especially[...]
Read moreChina outbound flight bookings at 15% of pre-pandemic levels despite recent surge – ForwardKeys
By Jamie Freed (Reuters) -China’s outbound flight bookings were at only 15% of pre-pandemic levels in the week after the country announced it would reopen its borders, despite a 192% jump from t[...]
Read moreChina hotels, travel bookings perk up in boon for COVID-hit services sector
(This Jan. 6 story has been corrected to fix the final paragraph to say 2 billion trips to be made, not 2 billion people to travel) By Joe Cash and Ellen Zhang BEIJING (Reuters) – After three ye[...]
Read moreJapan Dec service-sector activity rebounded on tourist boom
TOKYO (Reuters) – Japan’s service sector activity rebounded in December thanks to a boom in international and domestic tourism as COVID curbs were relaxed, a business survey showed on Frid[...]
Read moreWith few entry tests, Southeast Asia may gain most from China’s travel revival
By Xinghui Kok SINGAPORE (Reuters) – Southeast Asia’s tourist economies are set to be leading beneficiaries of China’s scrapping of travel bans as they have steered clear of the COVI[...]
Read moreHong Kong retail sales fall in November, outlook challenging
HONG KONG (Reuters) – Hong Kong’s retail sales fell in November, snapping two straight months of growth, and tightened financial conditions would continue to weigh on consumption, the gove[...]
Read moreAnalysis-China’s services sector eyes recovery after reopening, but challenges loom
By Joe Cash and Engen Tham BEIJING/SHANGHAI (Reuters) – Jordan Li, a restaurant owner in the southwestern Chinese city of Chengdu, hopes desperately that next month’s Lunar New Year holida[...]
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