GlobalData, a primary data and analytics firm, has shown a weakening in mergers and acquisitions (M&A) in the segment of travel and tourism. As per …

The travel and tourism over the next decade has a chance to make use of over 1.2 million people all over the country, with one in four people associated with the sector.

The travel and tourism industry is critical for several Southeast Asian economies and contributed about 12% of the region’s gross domestic product before the COVID-19 pandemic.

A total of 365 deals (mergers & acquisitions, private equity, and venture financing deals) were announced in the travel and tourism sector globally during the first half (H1) of 2023, which was a decline of 38.8% compared to 596 deals announced during the same period in the previous year, reveals GlobalData, a leading data and analytics company.

On Friday, KTO i.e. Korea Tourism Organization, has revealed forty nine products related to travel and tourism, with the product designs based on K-drama and …