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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.

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.

US spending into South America is forecast to drop by 44,4 percent between 2020 and 2021 as travel restrictions due to COVID-19 have stymied visitor flows.

Greece saw 35,3 million international arrivals in 2019 and was forecast to welcome 37,1 million arrivals this year pre-COVID-19. However, the impact of COVID-19 has seen that projection fall to 24,3 million, according to the latest figures from GlobalData, a leading data and analytics company.