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The Latest Breaking News from WTTC

Middle East crisis may divert millions of tourists to Europe

The blow to tourism in the Middle East and Gulf opens up both an opportunity and a risk for Europe.

Euronews

Iran war hits tourism across Middle East: How much could the region be losing?

The war in Iran is now inflicting heavy economic damage across the wider Middle East, with the region’s tourism and travel industry losing an estimated $600 million a day as airspace closures and security fears disrupt international travel.

The Times of India

Iran war costing travel industry £450m per day – but ‘quick’ recovery predicted

Exclusive: Cheap tickets and connectivity will lure passengers back to Gulf airlines, say experts

The Independent UK

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‘Real economic consequences’: US warned over ESTA visa changes

Research by the World Travel and Tourism Council reveals that the US risks losing 157,000 jobs and up to 4.7 million international tourists.

Euronews

Spain plans to focus on ‘quality over quantity’ as tourist numbers hit record high

Spain has struggled to balance tourism with local life, as residents complain of housing shortages and rising costs.

Euronews

London’s loss is Madrid’s gain as global tourism body abandons UK due to Brexit

Exclusive: World Travel and Tourism Council blames ‘challenges linked to Brexit, such as constraints on talent mobility’ for exit

The Independent UK

Major global travel and tourism group to quit London HQ and move to Europe because of Brexit

The World Travel and Tourism Council (WTTC) has become the latest major international institution to announce plans to close its doors on its headquarters in the UK

The Independent UK

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Europe reaffirms its leadership in tourism and forecasts another record in 2025

The World Travel & Tourism Council Global Summit has returned to Europe for the first time since the COVID-19 pandemic.

Euronews

US is the only country facing tourism decline as Trump policies to cost $29 billion in visitor revenue: study

Study from World Travel & Tourism Council looked at the economic impact of tourism in 184 countries

The Independent UK

US Set To Lose $12.5 Bn In Foreign Tourism In 2025: Industry

The United States is on track to lose some $12.5 billion in revenue from foreign tourists this year, a tourism industry group said Thursday, as the Trump administration has led a crackdown in immigrants.

International Business Times

Tourists are cancelling trips to the US – here are three reasons why

International travel spending will fall 7 per cent this year, experts say

The Independent UK

Travel body accuses government of ‘sabotaging’ UK tourism industry

WTTC says 5.3% decline in tourist spend suggests policies such as increased air passenger duty have had impact

The Guardian - UK

Government accused of ‘sabotaging’ UK tourism industry after £2.2 billion shortfall

A report by the World Travel and Tourism Council found people visiting the UK spent £40.3 billion in 2024, down 5.3 per cent from 2019

The Independent UK

Government accused of ‘sabotaging’ tourism with ‘barriers to travel’

A report by the World Travel and Tourism Council found people visiting the UK spent £40.3 billion in 2024.

Evening Standard

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Euronews

Europe must adapt to stay competitive in growing tourism market, sector leader warns

Travel and tourism are expected to continue growing in Europe, according to the World Travel & Tourism Council, which is calling for simplification of the bloc’s legislation to boost competitiveness.

Evening Standard

High taxes are putting tourists off from UK, ministers told

The World Travel and Tourism Council said the Government has ‘a unique opportunity to change the trajectory of travel and tourism’.

The Independent UK

UK warned high taxes are putting tourists off from visiting

It comes amid a warning that VisitBritain is ‘seriously underfunded’

Evening Standard

UK business travel set to reach record £68billion in 2024

The World Travel & Tourism Council projects UK business travel spending to surpass pre-pandemic levels, reaching a record £68billion next year

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StockNews.com

Is Airbnb a Good Buy as Travel Demand Surges?

Airbnb (ABNB) reported solid first-quarter 2024 results that beat analysts’ estimates on the top and bottom lines but provided lackluster guidance for the second quarter. With the travel demand on the rise, is it wise to buy ABNB despite its weak guidance and high valuation? Read on to find out….

StockNews.com

3 Travel Stocks Expected to Deliver Strong Q2 Earnings

The travel industry’s long-term growth is fueled by supportive government initiatives, rising disposable income, and technological advances. Given the industry’s rosy outlook, quality travel stocks Expedia Group (EXPE), Norwegian Cruise Line (NCLH), and Travel + Leisure (TNL) with an upbeat Q2 earnings outlook appears promising. Keep reading.

StockNews.com

Should You Add MakeMyTrip to Your Watchlist?

MakeMyTrip (MMYT) ended the fiscal year 2024 with the highest-ever gross bookings and profit and is well-positioned to serve millions of customers with its comprehensive portfolio of travel and ancillary products. However, given its stretched valuation and increased volatility, should you consider adding MMYT to your watchlist? Read on to…

StockNews.com

Top 3 Bullish Travel Stocks for Lucrative Gains

The future of the travel industry looks promising due to the growth in travel demand, rising disposal incomes, and the recovery in business travel. Hence, investors could consider buying fundamentally strong travel stocks: Atour Lifestyle Holdings (ATAT), Playa Hotels & Resorts (PLYA), and Travel + Leisure (TNL). Read on.

Radio France Internationale

France retains pole position as the world's top tourist destination

France is set to retain its status as the world's most preferred international destination in 2024, according to the latest data from the World Travel & Tourism Council.

StockNews.com

Which Travel Stock Will Shine This Week: Airbnb (ABNB) or Bluegreen Vacations (BVH)?

Despite an uncertain macroeconomic environment, the travel industry is anticipated to witness robust demand this year. Amid this, let’s analyze the fundamentals of travel stocks Bluegreen Vacations Holding (BVH) and Airbnb (ABNB) to determine whether these stocks are worth buying.

StockNews.com

3 Travel Stocks With Surprising Growth and Momentum

The travel sector is poised for continued growth this year and beyond, driven by sustained demand for leisure travel, favorable government initiatives, and rapid integration of emerging technologies. Hence, robust travel stocks Royal Caribbean (RCL), Carnival Corporation (CCL), and Norwegian Cruise (NCLH) could be ideal watchlist additions for their solid…

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