Exports generated by international tourism reached USD 1.7 trillion in 2018, a 4% increase in real terms over the previous year, a new report from the World Tourism Organization (UNWTO) shows. For the seventh year in a row, tourism exports grew faster than merchandise exports (+3%), reflecting solid demand for international travel in a generally robust economic environment.
Despite global slowdown concerns and political tension between leading economies, travel sentiment towards Europe proves upbeat for the summer period in both China and Brazil. According to the latest results of the Long-Haul Travel Barometer, the travel sentiment index in both markets improved by four points over the same period last year.
Each side claims other isnt transparent for consumers
Venza will be utilizing DataArts experience in executing the next phase of its 'PEAK' regulatory technology platform.