This week in tourism news, we analyzed earnings from Disney and SeaWorld, and TUI has big ambitions when it comes to the fragmented world of booking tours and activities.
Underscoring Skift Research's findings of the potential for outbound Chinese tourists, Societe Generale is weighing in on the investment return from stocks associated with this category. Spread the wealth.
Disney is pouring money into expanding its existing theme parks, so it should come as no surprise that the company would consider building in new countries altogether. While the CEO called such a move an "inevitability," no one should hold their breath for an announcement anytime soon.
SeaWorld wants to talk more about its animals and the workers who take care of them. But the company should realize that any focus on animals will come with additional scrutiny.
Poor geography knowledge is a bane of nearly every destination's existence. Natural disasters are an unfortunate opportunity for tourism officials to educate travelers, even if many will always struggle to read a map.
This week in tourism, two cities are nearing their breaking points. Venice is so desperate to manage crowds that it's resorted to theme park-like measures, and Cape Town is trying to delay the "Day Zero" of its water crisis.
The Cape Town water crisis has more to do with improper water management and inaccurate, inconsistent messaging than the city actually being in completely dire circumstances. That's why collaboration matters, between huge global organizations all the way down to individual travelers and locals, to promote the reality of international issues and the benefits tourism can have if done in a sustainable way.
For a city that's afraid of becoming a theme park, it's certainly starting to look more like one with turnstiles and fast passes to get in the door. The summer travel season is just starting to heat up.
Singapore Tourism Board's new "Passion Made Possible" platform represents a pivotal shift in destination marketing taking place worldwide. Instead of telling travelers where they can go or what they can do, the new strategy is about inspiring people to imagine who they can be.
Check out our magazine to see how Europe raced back to be a global leader in tourism growth — and what that means to the larger travel industry in the region.