Due to factors such as delayed deliveries of new Boeing 777-9s, Lufthansa intends to continue flying its recommissioned Airbus A380s into the late 2020s or early 2030s. According to the airline’s CEO, Carsten Spohr, putting the double-deck type back into service will help Lufthansa to expand globally even if supply chain and quality concerns hinder…
China’s Domestic Cruise Industry Continues To Grow
China has released further information about its domestic cruise industry development plans. A new joint venture between CSSC (China State Shipbuilding Corporation) and Carnival Corporation was launched, and preliminary designs for a smaller, more luxurious cruise ship were shown. China’s growing presence in the international cruise business is being facilitated in part by a banking…
Digital travel to grow to USD 400 bn in 2022
Digital Travel Market is expected to reach USD 1,618 Bn in 2032, at a 15% CAGR in 2022-2032 as per a report by Future Market Insights (FMI). Digital travel sales have soared in the last few years. Insiders are expecting that the digital travel sales will touch a few billion dollars in the forthcoming years. More…
Agritourism market to grow at a CAGR of over 11.3% in 2029
The global agritourism market is expected to register new growth opportunities during the forecast period. The market is projected to rise at a CAGR of 11.3% between 2019 and 2029, Future Market Insights foresees high growth for the market. “Companies are recommended to focus on adoption of innovative & attractive services pertaining to various agritourism…
Asia Pacific hotels & hospitality market continues to grow
Investment in Asia Pacific Hotels Rises to USD 10.1 Billion YTD—17% Increase Y-O-Y. Confidence in Asia Pacific’s Hotels & Hospitality market continues to grow as borders reopen, investment appetite increases, and operating performance approaches pre-pandemic levels, according to the latest research from CBRE. The recovery is being largely driven by domestic travel demand, particularly in…
Colombia Continues To Grow In Popularity With American Travelers
During Easter, the Latin American country will hit a new record for international travelers after the pandemic started Now with simplified entry rules, like test-free entry for vaccinated toursits, more travelers are ready to explore exotic destinations and places with rich cultures, beautiful beaches, and fascinating jungles like Colombia. The number of international travelers visiting…
