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Travel + Leisure Digital Magazine

Global expenditure on leisure trips peaked at roughly 4.7 trillion U.S. dollars in 2019, increasing by 3.1 percent over the previous year. Overall, leisure tourism spending made up 78.6 percent of total global travel spending in 2019. We’re proud and humbled to donate communications expertise to our chosen pro bono partner,Black Travel Alliance, in support of our joint mission of ensuring equal representation of POC within the global tourism industry. Together, we can help destinations and travel brands achieve inclusivity goals while strengthening external and internal diversity efforts.

  • Tour agencies are often used by the public to book trips and vacations and as such ensure a smooth travel.
  • When Wyndham Destinations spun off Wyndham Hotels & Resorts in 2018, the company needed to clarify its new vision and purpose to unlock shareholder value.
  • We are the most creatively awarded consultancy in our industry, and our sector is responsible for Ketchum’s most awarded PR-led campaign.
  • TRAVEL + LEISURE™ is an indispensable guide to where to stay, what to eat, and what to do around the globe.

The total value of the development is estimated at USD 150 Mn, with Barceló investing USD 30 Mn for a stake of 33.33% shares of Bodufaru Beach Resorts Ltd. Apart from the shareholder agreement, Barceló Hotel Group entered into a management agreement to manage 5 leisure properties in Sri Lanka and Maldives. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.

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Latest Culture

This scenario changed drastically in 2020 as the pandemic disrupted the cruise market. For instance, TUI AG’s global revenue from the cruises segment roughly halved in 2020 over the previous year. On the city’s eastside, you’ll find the Carver Community Cultural Center,founded in 1918 as a community center for African Americans. The University of Texas’sInstitute of Texan Cultures in HemisFair Park has galleries describing the immigrant experiences of the many ethnicities living in modern-day Texas. The campus hosts the Texas Folklife Festival, celebrating the music, dance, and food of more than forty cultures from Syrian to Congolese.