Asia’s airlines weigh the cost of China’s absent tourists
[ad_1] By comparison, airlines in Europe, North America and the Middle East are all forecast to post profit margins of 3.3 per cent or greater next year. Those in Latin America and Africa are expected to make losses. The key piece of the puzzle for many airlines in Asia is whether Chinese tourists feel they […]
Indians are spending big on travel, but most of that money isn’t leaving the country
[ad_1] India’s travel landscape is changing as the country emerges as a powerhouse in the tourism sector. Indian travelers took 1.7 billion leisure trips in 2022 but most never left the country, and only about 1% traveled abroad, according to Booking.com and McKinsey. The world famous Gateway of India monument in Mumbai, India was built […]