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Tag: Tourism Economics

Türkiye’s Record $51.3 Billion Tourism Revenue: Higher Spending, Fewer VisitorsRussia was Türkiye’s largest source market, contributing 5.7 million visitors, followed by Germany with 5.17 million and the United Kingdom with 3.2 million.

Türkiye’s Record $51.3 Billion Tourism Revenue: Higher Spending, Fewer Visitors

Published October 31, 2026 by Staff Writer

Türkiye generated a record US$51.28 billion in tourism revenue in the first nine months of 2026, as average spending per night increased despite a decline in third-quarter visitor numbers. Asia…

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The $24.5 Billion Checkout Problem: IATA Says Payment Costs Are Outrunning Airline SalesBased on IATA’s figures, payment costs amounted to approximately 2.3% of total sales in 2025. This is Tourism Reporter’s calculation, not a percentage published by IATA.

The $24.5 Billion Checkout Problem: IATA Says Payment Costs Are Outrunning Airline Sales

Published October 27, 2026 by Staff Writer

Global airlines spent US$24.5 billion processing US$1.05 trillion in sales in 2025, with payment costs rising faster than sales growth and the average cost per passenger exceeding forecast net profit…

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Illinois Crosses $50 Billion: What 115 Million Visitors and an $88 Billion Tourism Economy RevealFlorida has its beaches. Colorado has the Rockies. New York has its skyline. Hawaii has its extraordinary natural appeal. And then there is Illinois, at the heart of North America, with Chicago's celebrated skyline, a coastline along Lake Michigan, and a tourism economy stretching from the sophistication of its largest city to the landscapes and communities of the state's interior.

Illinois Crosses $50 Billion: What 115 Million Visitors and an $88 Billion Tourism Economy Reveal

Published September 8, 2026 by Staff Writer

Governor Pritzker’s announcement of record 2025 tourism milestones — visitor spending surpassing $50 billion for the first time, $88 billion in total economic impact and $4.9 billion in direct tax…

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The Bill Nobody Budgeted For: The True Economic Cost of Europe’s 2026 Wildfires on TourismWith 434,000 hectares burned across Europe by late July, annual wildfire losses estimated at €2.5 billion, and Spain alone facing firefighting costs of €1.72–€3.28 billion, Europe's wildfire crisis is no longer just an environmental emergency.

The Bill Nobody Budgeted For: The True Economic Cost of Europe’s 2026 Wildfires on Tourism

Published July 31, 2026 by Staff Writer

With 434,000 hectares burned across Europe by late July, annual wildfire losses estimated at €2.5 billion, and Spain alone facing firefighting costs of €1.72–€3.28 billion, Europe’s wildfire crisis is no…

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America’s Biggest Tourism Moment in a Generation: World Cup 2026 to Bring 1.24 Million International VisitorsWhen the 2026 FIFA World Cup opens at Mexico City's iconic Estadio Azteca on 11 June 2026, it will mark the beginning of a 39-day tournament spanning three nations.

America’s Biggest Tourism Moment in a Generation: World Cup 2026 to Bring 1.24 Million International Visitors

Published June 3, 2026 by Staff Writer

Tourism Economics projects 1.24 million international arrivals for the 2026 FIFA World Cup across 11 American cities—but realising the full potential of the largest sporting event in history demands more…

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