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The number of international travellers from Canada to Costa Rica is set to grow from 233,143 in 2019 to 360,344 in 2024, increasing at a compound annual growth rate (CAGR) of 9,1 percent according to GlobalData, a leading data and analytics company.

A total of 89 deals were announced in the global travel and tourism sector during November of this year, which is a decrease of 23,3 percent over 116 deals announced during the previous month, according to GlobalData, a leading data and analytics company.

International rail travel offers an ‘environmentally friendly’ alternative to flying and as the second wave of COVID-19 approaches, it may experience a boom post-pandemic.

Saudi Arabia claims it remains on track to reach its ambitious target of welcoming 100 million tourists annually by 2030.This would mean a near six-fold increase in tourist arrivals over the next 11 years, from the 17 million visitors the country welcomed in 2019, according to GlobalData, a leading data and analytics company.

A total of 116 deals were announced in the global travel and tourism sector during October of this year, which is an increase of 13,7 percent over 102 deals announced during the previous month, according to GlobalData, a leading data and analytics company.

A total of 102 deals were announced in the global travel and tourism sector during September of this year, which is a decrease of 11,3 percent over 115 deals announced during the previous month, according to GlobalData, a leading data and analytics company.

The private jet industry felt similar shockwaves to the rest of the aviation sector at the start of the COVID-19 pandemic. However, a promising rebound in recent months looks set to recover some of those losses as wealthy leisure passengers switch to private flights to reduce the risk of contracting COVID-19, said GlobalData, a leading data and analytics company.

It has clear that COVID-19 is not the only obstacle for future profitability for travel operators, according to GlobalData, a leading data and analytics company.

The number of deals announced in the global travel and tourism sector remained at a similar level in July compared to the previous month. Deal volume increased marginally by 0,9 percent from 109 in June of this year to 110 in July, according to GlobalData’s deals database.

Europe’s tourism and leisure industry saw a drop of 53,1 percent in overall deal activity during second quarter (Q2) of this year, when compared to the four-quarter average, according to GlobalData’s deals database.