With travel recovery in full swing since the pandemic, Klook, Asia’s platform for experiences and travel services, records its strongest performance to date as it celebrates its 9th anniversary. Despite the constraints of the first full year of travel recovery in Asia, with flight capacity still well below pre-pandemic levels, Klook has seen an impressive…
Trevolution Group’s airfare sales cross USD 623 million milestone
Trevolution Group, the global market leader operating Asaptickets, Skyluxtravel, Dreamport and other travel services, has announced commercial results for the first half of 2023 showing record performance in airfare sales. During the past six months, the Group’s total gross bookings reached 623.57 million USD exceeding the same period last year by 43% and resulting in…
Bicycle tourism market is estimated to reach USD 345.1 mn in 2022
As per a recent market analysis by Future Market Insights (FMI), Bicycle Tourism market is poised to reach a valuation of USD 345.1 Mn in 2022. Sales are projected to increase at a 14% CAGR, with the market size reaching USD 1291.3 Mn by 2032. These insights are based on a report on Bicycle Tourism Market by…
Thailand Tourism Market to be valuated at USD 76.60 bn in 2032
The Thailand tourism market which is now valued at USD 57 billion in 2022 and is projected to increase at a CAGR of 3% to reach USD 76.60 billion in 2032. These insights are based on a report on Thailand Tourism Market by Future Market Insights. The rich history, wildlife, food and many other factors are expected…
Travel agency services market to reach USD 407.7 Bn in 2022
The global travel agency services market is projected to reach a valuation of USD 407.7 Bn in 2022. Sales are projected to increase at a 11.5% CAGR, with the market size reaching USD 510.0 Bn by 2032. These insights are based on a report on Travel Agency Services Market by Future Market Insights (FMI). Social…
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…
Esports sponsorships to hit over USD 1bn by 2025
After becoming a billion dollars’ worth industry last year, the eSports market continues booming, with more and more brands willing to invest their money into sponsorships and esports advertising. According to data presented by SafeBettingSites.com, as the largest revenue stream of the entire industry, eSports sponsorships and advertising are set to reach over USD1bn in value by…
Air India comes home! AI goes back to the Tatas after 68 years as it wins bid for USD 2.4 billion
In a new dawn for the Indian airlines industry, the national carrier Air India has gone back to its original founders. The Tata Sons won the bid to acquire the airline today. The Tatas placed a winning bid of INR 18,000 crore (USD 2.4 billion) to re-acquire the carrier more than half a century after…
Bahrain attracts USD 40 million in tourism project investments
Bahrain’s tourism sector has attracted nearly USD 40 million worth of new investments in the kingdom’s tourism sector to date, which will help create more than 260 jobs over the next three years, according to a report by the Economic Development Board (EDB). Bahrain’s EDB is seeking to capitalise on the growth of the country’s tourism…