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Category: Tourism Economy

Tourism Economy examines the economic forces shaping the global visitor economy, from tourism spending and investment to employment, growth, trade, and the contribution of travel and tourism to national and regional economies.

The $4.4 Billion Staying Home: How Canada Is Turning Domestic Travel Into a Tourism Growth EngineData from Statistics Canada and the Canadian Tourism Data Collective shows that domestic tourism spending reached $23.5 billion in early 2026, up five per cent year on year and standing at 152 per cent of 2019 levels.

The $4.4 Billion Staying Home: How Canada Is Turning Domestic Travel Into a Tourism Growth Engine

Published August 12, 2026 by Staff Writer

As Canadians rethink cross-border holidays and redirect more of their travel spending towards destinations at home, a powerful shift is taking shape in the national visitor economy — one that…

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WTTC’s Trillion-Dollar Verdict: Why Global Capital Is Betting Big on Travel and TourismThe United States, China, India, and Saudi Arabia accounted for almost half of global Travel & Tourism investment in 2025, attracting nearly US$500 billion between them.

WTTC’s Trillion-Dollar Verdict: Why Global Capital Is Betting Big on Travel and Tourism

Published August 6, 2026 by Staff Writer

WTTC’s latest Economic Impact Research Global Trends Report confirms that global travel and tourism investment surpassed US$1 trillion in 2025, growing 8.5% year-on-year, outpacing the wider global economy and reinforcing…

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Madrid’s €10 Billion Tourism Economy: What Europe’s Latest Visitor Data RevealsThe United States remained Madrid's largest international source market during the first half of 2026, contributing more than 567,000 visitors and over 1.3 million overnight stays.

Madrid’s €10 Billion Tourism Economy: What Europe’s Latest Visitor Data Reveals

Published August 5, 2026 by Staff Writer

Madrid crossed the €10 billion mark in international visitor spending during the first half of 2026. Tourism Reporter examines what the numbers reveal about urban tourism, destination competitiveness, and Europe’s…

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The World Cup Is Over: What It Did to Tourism in the United States, Canada and MexicoThe 2026 FIFA World Cup — featuring 48 nations, 104 matches, 16 host cities across three countries, and 39 days of competition from opening match to final — is over.

The World Cup Is Over: What It Did to Tourism in the United States, Canada and Mexico

Published July 20, 2026 by Staff Writer

Spain’s extra-time victory at MetLife Stadium brought the largest FIFA World Cup in history to a close on 19 July 2026. But for tourism leaders, the real story lies in…

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Tanzania’s $4.41 Billion Tourism Economy: Why the Numbers Tell a Bigger Story Than the HeadlinesThe Bank of Tanzania, in collaboration with the National Bureau of Statistics, has published the 2025 International Visitors' Exit Survey Report, offering the clearest picture yet of how international tourism is reshaping the country's economy.

Tanzania’s $4.41 Billion Tourism Economy: Why the Numbers Tell a Bigger Story Than the Headlines

Published July 17, 2026 by Staff Writer

The Bank of Tanzania’s 2025 International Visitors’ Exit Survey reveals a destination that is no longer simply attracting more visitors—it is steadily increasing visitor value, strengthening tourism receipts, and offering…

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The City That Never Sleeps Has a New Challenger: How Seoul Is Engineering a Night-Time Tourism EconomyNew York may be synonymous with "the city that never sleeps," but Seoul offers a compelling interpretation of that idea in an Asian context.

The City That Never Sleeps Has a New Challenger: How Seoul Is Engineering a Night-Time Tourism Economy

Published July 16, 2026 by Staff Writer

Seoul is not simply staying open later. Under a coordinated strategy led by the Seoul Metropolitan Government, the city is building a night-time visitor economy designed to increase spending and…

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