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The BVI Beacon
COMMENTARY â Full Caribbean tourism recovery seen as a possibility after 2021
Last year was a disaster for Caribbean tourism. Estimates suggest that visitor arrivals to the region fell by 75 percent in the last three quarters of 2020, causing overall Caribbean …
Last year was a disaster for Caribbean tourism. Estimates suggest that visitor arrivals to the region fell by 75 percent in the last three quarters of 2020, causing overall Caribbean economic growth for the year to contract by 6.2 percent.
Despite this, industry professionals now express cautious optimism that by the end of 2021 Caribbean tourism will begin to see a gradual but eventual full recovery.
Yukselir Group: 1.5 Billion Euro Tourism Investment in Spain by a Turkish Investor
MADRID, SPAIN / ACCESSWIRE / January 6, 2021 / For the recent 10 years, Spain has been attracting 15 billion USD investment on average per year in the tourism sector. The country that has been the favorite of tourism investors from all over the world has now taken the attention of a Turkish investor. Yukselir Group, which is known by its tourism investments in Central Europe in recent years, initiates a giant investment in the capital city of Spain, Madrid. Yukselir Group wants to start its investment with a huge step in Madrid, where the competition in the tourism industry is extremely high. The amount of the investment of Yukselir Group is expected to reach 1,5 billion Euros.
1 5 Billion Euro Tourism Investment in Spain by a Turkish Investor londonmercury.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from londonmercury.com Daily Mail and Mail on Sunday newspapers.
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Covid has left a trail of pesky challenges for global tourism going into the new year, even as two vaccines begin to make their way into the world.
There’s the issue of destination marketing offices’ slashed budgets and reduced staffing. There’s the survival of cities that remains in question, with small businesses that may not survive long enough to wait for travel confidence to rise. There’s also emerging vaccine skepticism, in the same way masks we saw mask-wearing being challenged.