The global hospitality industry is witnessing a complex landscape of recovery and challenge as it emerges from the impacts of the pandemic. Regions around the world, from Europe to the Americas, the Middle East, and APAC, are navigating their unique economic conditions, market dynamics, and consumer behaviors

U.S. RevPAR flat YoY & Labour Day holiday impacted performance in Europe

According to the global tourism body’s latest research, in 2023 the Travel & Tourism sector’s GDP contribution surged by almost 35%, totalling OMR 2.8BN, and is on track to surpass previous records.

U.S. airline industry (passenger and cargo airlines combined) employment increased to 800,259 workers in March 2024, 2,207 (0.28%) more workers than in February 2024 (798,052).

A snapshot of the Amsterdam hotel market in 2024 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.

U.S. airlines carried 70.4 million systemwide (domestic and international) scheduled service passengers in February 2024, according to the Bureau of Transportation Statistics (BTS). When adjusted for seasonality, February enplanements are up 1.3% from January and reached a new all&time high the all&time high reached in February 2024.