International tourism set to fully recover in 2024 – United Nations

International tourism is expected to return to its pre-pandemic levels this year, following a strong 2023 figure, according to the World Tourism Organization.

“The unleashing of remaining pent-up demand, increased air connectivity, and a stronger recovery of Asian markets and destinations are expected to underpin a full recovery by the end of 2024,” the UN agency said in its first World Tourism Barometer of 2024’’’.

International tourism reached 88% of its pre-pandemic level in 2023 with 1.3 billion tourist arrivals, it noted.

Europe should have ‘real single market,’ European Central Bank chief​​​​​​​

Europe should have a “real” single market, said the European Central Bank chief

“Being strong means having a strong, deep market, having a real single market,” where European money is reinvested in the bloc, Christine Lagarde said at the World Economic Forum (WEF) in Davos.

She said investments should be moved toward renewable sources.


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