Tag #Tourism

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zeit.de

🌐 65% Global Worthiness

Aug 9, 07:17

\"German Restaurants Face Revenue Drop Amidst Rising Costs and Changing Consumer Behavior\"\

German restaurants are struggling this summer with an 18 percent revenue drop compared to 2019, due to reduced customer spending, increased operating costs (minimum wage up almost 40 percent in five years), and a high 19 percent VAT rate compared to other European countries. This is affecting lunch ...

\"German Restaurants Face Revenue Drop Amidst Rising Costs and Changing Consumer Behavior\"\

German restaurants are struggling this summer with an 18 percent revenue drop compared to 2019, due to reduced customer spending, increased operating costs (minimum wage up almost 40 percent in five years), and a high 19 percent VAT rate compared to other European countries. This is affecting lunch ...

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Decent Work and Economic Growth

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How do increased minimum wage and VAT rates contribute to the financial difficulties faced by German restaurants?

The decline in restaurant revenue is linked to several factors. Reduced customer spending (shorter stays, fewer extras) combines with increased operating costs (minimum wage, VAT). This is impacting businesses across Germany, leading to reduced opening hours or closures in some cases. The situation is worsened by the high 19 percent VAT rate compared to other European countries.

kathimerini.gr

🌐 85% Global Worthiness

Aug 8, 01:16

Severe Coastal Erosion Threatens Greece

Coastal erosion in Greece affects 28.6% of beaches, rising to 65.8% in Crete, due to climate change (3mm annual sea level rise) and human interventions like dams, threatening tourism, ports, and ecosystems.

Severe Coastal Erosion Threatens Greece

Coastal erosion in Greece affects 28.6% of beaches, rising to 65.8% in Crete, due to climate change (3mm annual sea level rise) and human interventions like dams, threatening tourism, ports, and ecosystems.

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Climate Action

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How do human interventions, such as dam construction, contribute to coastal erosion in specific regions of Greece, and what are the consequences?

The study highlights a critical issue: coastal erosion in Greece is severe and accelerating. Climate change, raising sea levels by 3mm annually (instead of the expected 1mm), and human-made structures like dams that disrupt sediment flow are the main culprits. This erosion is particularly significant at river mouths and sandy beaches.

smh.com.au

🌐 65% Global Worthiness

Aug 8, 22:18

Luxury Cruise Lines Offer Unprecedentedly Long World Voyages

Luxury cruise lines are offering increasingly long world cruises, with My Cruises' 371-day voyage from Rome to Southampton (departing September 1, 2026) currently being the longest, while other companies such as Oceania, Viking, Silversea, and Regent Seven Seas offer various options ranging from 69 ...

Luxury Cruise Lines Offer Unprecedentedly Long World Voyages

Luxury cruise lines are offering increasingly long world cruises, with My Cruises' 371-day voyage from Rome to Southampton (departing September 1, 2026) currently being the longest, while other companies such as Oceania, Viking, Silversea, and Regent Seven Seas offer various options ranging from 69 ...

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Responsible Consumption and Production

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What is the current longest world cruise available, and what are its key features?

The demand for extended cruises is surging, with luxury lines offering increasingly ambitious world cruises. My Cruises' 371-day voyage, departing September 1, 2026, from Rome to Southampton, is currently the world's longest, visiting over 220 ports. Oceania Cruises offers options ranging from 180 to 244 days, visiting diverse locations including the Amazon, Alaska, and Japan.

kathimerini.gr

🌐 85% Global Worthiness

Aug 7, 19:18

Coastal Erosion Crisis: Beaches Disappearing Due to Climate Change

Climate change is accelerating coastal erosion globally, threatening beaches, infrastructure, and economies; examples include Rodanthe, North Carolina, losing 3-4.5 meters of beach annually, and Barcelona losing 30,000 cubic meters of sand yearly.

Coastal Erosion Crisis: Beaches Disappearing Due to Climate Change

Climate change is accelerating coastal erosion globally, threatening beaches, infrastructure, and economies; examples include Rodanthe, North Carolina, losing 3-4.5 meters of beach annually, and Barcelona losing 30,000 cubic meters of sand yearly.

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Life Below Water

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How significantly does climate change-induced coastal erosion impact global economies and coastal populations?

Coastal erosion, exacerbated by climate change, is causing beach loss globally. In North Carolina's Rodanthe, 3-4.5 meters of beach disappear annually, resulting in 11 house collapses since 2020. Australia's Victoria region is investing $6.4 million to combat similar erosion, losing 10 meters of sand yearly in some areas.

dailymail.co.uk

🌐 85% Global Worthiness

Aug 7, 13:20

Mallorca Beach Businesses Face 20% Revenue Drop Amid Anti-Tourism Protests

Mallorca's beach businesses are experiencing a 20% drop in July earnings due to poor weather, increased costs, reduced demand, and intensified anti-tourism protests, leading to concerns about economic stability and the future of the island's tourism sector.

Mallorca Beach Businesses Face 20% Revenue Drop Amid Anti-Tourism Protests

Mallorca's beach businesses are experiencing a 20% drop in July earnings due to poor weather, increased costs, reduced demand, and intensified anti-tourism protests, leading to concerns about economic stability and the future of the island's tourism sector.

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How do rising costs and poor weather contribute to the economic challenges faced by Mallorca's beach businesses?

The decline in Mallorca's beach tourism revenue is linked to a broader trend of anti-tourism protests across Spain and other European countries. These protests, fueled by concerns over overtourism's impact on the cost of living and local communities, have negatively affected tourist spending and business confidence in Mallorca. Reduced spending by tourists, especially Germans, further contributes to the economic downturn.

nrc.nl

🌐 85% Global Worthiness

Aug 7, 04:14

Surge in Italian Mountain Hiking Fatalities Amidst Summer Heatwave

A 20% rise in hiking fatalities and rescues occurred in the Italian Alps and Apennines during July 2024 compared to 2023, reaching 90 deaths, due to increased tourism seeking cooler mountain temperatures and unpredictable weather conditions.

Surge in Italian Mountain Hiking Fatalities Amidst Summer Heatwave

A 20% rise in hiking fatalities and rescues occurred in the Italian Alps and Apennines during July 2024 compared to 2023, reaching 90 deaths, due to increased tourism seeking cooler mountain temperatures and unpredictable weather conditions.

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Good Health and Well-being

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What factors contributed to the significant rise in hiking fatalities and rescue operations in the Italian Alps and Apennines during July 2024?

The Italian Alps and Apennines saw a 20% increase in hiking fatalities and rescues in July 2024 compared to the same period in 2023, totaling 90 deaths. This surge is attributed to increased tourist numbers seeking refuge from summer heat in the mountains, coupled with unpredictable mountain weather.

repubblica.it

🌐 85% Global Worthiness

Aug 8, 04:14

EU Funds Revitalize Italian Cultural Heritage

The EU's Cohesion Policy invested over €350 billion in restoring 23,000+ Italian cultural sites, including museums in Genoa, Perugia, and Reggio Calabria, promoting cultural tourism and citizen engagement via the "Great Beauty of Europe" digital game and other initiatives.

EU Funds Revitalize Italian Cultural Heritage

The EU's Cohesion Policy invested over €350 billion in restoring 23,000+ Italian cultural sites, including museums in Genoa, Perugia, and Reggio Calabria, promoting cultural tourism and citizen engagement via the "Great Beauty of Europe" digital game and other initiatives.

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Reduced Inequality

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What is the impact of EU cohesion funds on the preservation and accessibility of Italian cultural heritage?

The EU's Cohesion Policy funded the restoration of over 23,000 Italian cultural sites, including the Sant'Agostino Museum in Genoa, the Galleria Nazionale dell'Umbria in Perugia, and the Reggio Calabria National Archaeological Museum. This involved over €350 billion in funding, improving accessibility, and promoting cultural tourism.

forbes.com

🌐 85% Global Worthiness

Aug 8, 16:18

Luxury Travel Market Booms, Fueling High-End Resort Expansion

The \$1.5 trillion luxury travel market is projected to reach \$2.36 trillion in five years, driving the expansion of high-end resorts like the Post Oak Hotel in Houston, Kimpton Seafire in Grand Cayman, The Dunlin in South Carolina, JOIA Aruba, and Salterra in Turks & Caicos, each offering unique l...

Luxury Travel Market Booms, Fueling High-End Resort Expansion

The \$1.5 trillion luxury travel market is projected to reach \$2.36 trillion in five years, driving the expansion of high-end resorts like the Post Oak Hotel in Houston, Kimpton Seafire in Grand Cayman, The Dunlin in South Carolina, JOIA Aruba, and Salterra in Turks & Caicos, each offering unique l...

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Reduced Inequality

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What future trends in the luxury travel sector are likely to emerge as the market continues to grow?

The continued growth of luxury travel points to a future where personalized, high-end experiences become even more sophisticated and exclusive. This will likely involve further investment in unique amenities, technological advancements, and sustainable practices to cater to the evolving needs of affluent travelers.

forbes.com

🌐 85% Global Worthiness

Aug 7, 19:18

Disney's Abu Dhabi Theme Park Projected to Generate $2.3 Billion in Royalties

Disney's new Abu Dhabi theme park, built and operated by Miral, is projected to generate $2.3 billion in royalties for Disney over 10 years, significantly boosting its international parks division's profits, offsetting recent losses, and addressing challenges in the global tourism market.

Disney's Abu Dhabi Theme Park Projected to Generate $2.3 Billion in Royalties

Disney's new Abu Dhabi theme park, built and operated by Miral, is projected to generate $2.3 billion in royalties for Disney over 10 years, significantly boosting its international parks division's profits, offsetting recent losses, and addressing challenges in the global tourism market.

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What is the primary financial impact of Disney's new Abu Dhabi theme park, and how will it affect the company's overall profitability?

Disney's new Abu Dhabi theme park, a project spearheaded by Miral, is projected to generate $2.3 billion in royalties for Disney over the next decade. This licensing agreement, similar to Disney's arrangement with Tokyo Disney Resort, will significantly boost Disney's international parks division's operating income, offsetting prior losses. The park's anticipated high visitor count—potentially exceeding even Tokyo Disney—will further amplify these gains.

forbes.com

🌐 85% Global Worthiness

Aug 7, 16:17

U.S. Tourism Plummets While Canada Sees Record Growth in 2025

In 2025, the U.S. is experiencing a sharp decline in international visitors, particularly from the U.K. and Canada, due to stricter immigration policies, while Canada's tourism industry is booming, with increased international and domestic travel, and is projected to reach record levels with over 1....

U.S. Tourism Plummets While Canada Sees Record Growth in 2025

In 2025, the U.S. is experiencing a sharp decline in international visitors, particularly from the U.K. and Canada, due to stricter immigration policies, while Canada's tourism industry is booming, with increased international and domestic travel, and is projected to reach record levels with over 1....

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How have differing immigration and travel policies in the U.S. and Canada contributed to their contrasting tourism trends in 2025?

Stricter U.S. immigration and travel policies, causing a perception of unease among potential visitors, are a significant factor contributing to this decline. Conversely, Canada's positive image as a safe and welcoming destination is driving its tourism boom. This shift highlights the impact of international travel policies on tourism economics and national perceptions.

spanish.china.org.cn

🌐 85% Global Worthiness

Aug 7, 07:18

Xizang Tourism Boom Fuels Economic Growth

Xizang's 2024 tourism numbers show over 63.89 million visits, a 15.8% rise year-on-year, with overseas visits nearly doubling; this growth accompanies a 155-fold increase in GDP since 1965 to 38.47 billion USD, driven by tourism and clean energy, alongside significant infrastructure development and ...

Xizang Tourism Boom Fuels Economic Growth

Xizang's 2024 tourism numbers show over 63.89 million visits, a 15.8% rise year-on-year, with overseas visits nearly doubling; this growth accompanies a 155-fold increase in GDP since 1965 to 38.47 billion USD, driven by tourism and clean energy, alongside significant infrastructure development and ...

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How has Xizang balanced economic growth with its commitment to ecological conservation?

Xizang's tourism boom is interwoven with its economic development. The region's GDP reached 38.47 billion USD in 2024, a 155-fold increase since 1965, driven by modern industries including clean energy and cultural tourism. Improved infrastructure, including roads, railways, and digital connectivity, has facilitated this growth.

kathimerini.gr

🌐 75% Global Worthiness

Aug 7, 13:20

Coca-Cola HBC and Jumbo Report Strong Q2 Results; Paros Hotel Project Halted

Coca-Cola HBC's Q2 results showed a 9.9% organic revenue increase, driven by energy drinks (30% growth), while Jumbo's July sales rose 9%, demonstrating resilience in a challenging retail environment; a €3 million hotel expansion project in Paros was canceled.

Coca-Cola HBC and Jumbo Report Strong Q2 Results; Paros Hotel Project Halted

Coca-Cola HBC's Q2 results showed a 9.9% organic revenue increase, driven by energy drinks (30% growth), while Jumbo's July sales rose 9%, demonstrating resilience in a challenging retail environment; a €3 million hotel expansion project in Paros was canceled.

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Decent Work and Economic Growth

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What are the key financial performances of Coca-Cola HBC and Jumbo, and what factors contribute to their respective successes?

Coca-Cola HBC's organic revenue increased by 9.9%, with a 30% surge in energy drink sales, resulting in an 11.8% EBIT and nearly 26% EPS rise. Jumbo, despite challenging retail conditions, achieved an 8% increase in sales year-to-date, showcasing its robust performance across various markets.

Showing 133 to 144 of 1,446 results