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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.

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 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.

Elite and young independent travellers are crucial to the recovery of the travel sector as they are likely to be the first tourists to embark on international travel, however according to a survey by GlobalData, a leading data and analytics company, 35 percent of Gen Z and 48 percent of Gen Y are still extremely concerned about COVID-19. This servey was conducted between May 25 – 31, of this year.

The number of deals announced in the global travel and tourism sector declined by 3,8 percent during the week ended June 28, of this year, compared to the previous week, according to GlobalData’s deals database.

The number of deals announced in the global travel and tourism sector declined by 31,3 percent during the week ended May 31, of this year compared to the previous week, according to GlobalData’s deals database.

Total tourism and leisure industry deals for December 2019 worth USD5,68 billion were announced globally, according to GlobalData’s deals database.

The World Travel & Tourism Council (WTTC) which represents the global travel and tourism private sector, released its comprehensive Cities Report for 2019, which reveals North America contributes USD686,6 billion (25 percent) to the global travel and tourism GDP.

President Ramaphosa of South Africa is a Travel & Tourism job creation champion for his ambition to double the number of people employed in the sector, according to Gloria Guevara, CEO, World Travel & Tourism Council (WTTC).