The impact of COVID-19 may allow VR to permanently shake off its image of being a gimmick in the tourism sector. Hype behind the technology in recent years has often been greater than actual usage, especially for leisure purposes. However the longer this pandemic impacts travel for, the higher the chance that consumers and organizations adopt this technology on a more permanent basis, according to GlobalData, a leading data and analytics company.
The Cyprus arrivals of tourists reached 5,047 in February of this year, recording a decrease of 95,2 percent compared to February 2020 (during which 105,592 arrivals were recorded), and a decrease of 95,2 percent compared to February 2019 (with 105,571 arrivals).
Wanting to give relief and joy to those who need it, especially during the Christmas and New Year holidays, the staff of the Cyprus Deputy Ministry of Tourism recently raised money, with the aim of turning it into food stamps.
Cyprus arrivals of tourists reached 100,791 in October of this year compared to 436,509 in October 2019, recording a decrease of 76,9 percent.
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.
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.
DBRS Morningstar released a commentary looking at the exposure of the euro area countries to the coronavirus disease (COVID-19) related tourism downturn.
The travel and tourism (T&T) sector witnessed an uptick in the third quarter (Q3) of this year’s earnings transcript sentiment scores, according to GlobalData, a leading data and analytics company.
The World Travel & Tourism Council (WTTC) has unveiled the latest set of measures designed to rebuild global consumer confidence, reduce risk and encourage the return of Safe Travels.