Tourism

French Location Analytics Firm Mytraffic Nets $30M for Expansion
French Location Analytics Firm Mytraffic Nets $30M for Expansion
November 08, 2022  |  Data

French location analytics company Mytraffic has raised 30 million euros ($30.1 million) in a Series B funding round. According to published reports Tuesday (Nov. 8),...

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Airbnb Faces New EU Data-Sharing Regulation
Airbnb Faces New EU Data-Sharing Regulation
November 03, 2022  |  emea

The European Commission is set to propose new rules for Airbnb and other short-term home rental companies. The draft, which is expected to be announced...

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EU Remains Resilient As VAT U-Turn Threatens UK Luxury Retail Revenue
EU Remains Resilient As VAT U-Turn Threatens UK Luxury Retail Revenue
October 24, 2022  |  Retail

Dek: The decision to scrap a VAT exemption for travelers to the U.K. will be felt most by the country’s luxury retailers, which are largely...

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Cities Say Business Travel Revenue Has Yet to Return
Cities Say Business Travel Revenue Has Yet to Return
October 16, 2022  |  Travel Payments

Tourist-heavy cities have seen more revenue from taxes on overnight hotel stays compared to other cities relying on business travel. Cities like Orlando, Oahu and...

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UK Tempts Tourists With Tax-Free Shopping
UK Tempts Tourists With Tax-Free Shopping
September 23, 2022  |  Retail

Retailers in the U.K. can roll out the tax-free welcome mat to overseas visitors now that the region has re-instituted the tourist perk in hopes...

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Data Point: Travel App Bookings Up 16% in Q2
Data Point: Travel App Bookings Up 16% in Q2
September 23, 2022  |  Travel Payments

When they say “pent-up travel demand” they mean it, as consumer use of airline booking apps and websites rose by double digits in the second...

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Europe’s High Street Retailers Feel Loss of Chinese Luxury Shoppers
Europe’s High Street Retailers Feel Loss of Chinese Luxury Shoppers
August 26, 2022  |  Retail

Since the start of the pandemic in 2020, Chinese tourists — once the darlings of luxury spending on European high streets — have been such...

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El Salvador Weekly: Four Questions for President Bukele on ‘Doubt’ Surrounding Bitcoin
El Salvador Weekly: Four Questions for President Bukele on ‘Doubt’ Surrounding Bitcoin
August 15, 2022  |  Cryptocurrency

Salvadoran President Nayib Bukele added his voice to the bragging ministers after the United Nations World Tourism Organization’s (WTO) Aug. 1 World Tourism Barometer report...

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El Salvador Weekly: Morgan Stanley Says Buy El Salvador Bonds (at 28 Cents on the Dollar)
El Salvador Weekly: Morgan Stanley Says Buy El Salvador Bonds (at 28 Cents on the...
July 23, 2022  |  Cryptocurrency

For months now, everybody’s been screaming that El Salvador’s bitcoin-as-currency experiment will bring the country’s economy down in ruins. Now Morgan Stanley has called time...

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