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Africa’s Tourism Sector Loses $55 Billion to COVID-19 Pandemic
The African Union has hinted that tourism destinations in Africa have collectively lost $55 billion in travel and tourism revenue.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
- Tags
- tourism
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Coronavirus Triggers Dollar Drain in Big Emerging Markets
Plunging foreign reserves in Turkey, Indonesia threaten global crisis
- Categories
- Coronavirus, Finance
- Tags
- financial health, tourism
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Blue Finance and Ocean Outcomes Become First Grant Recipients of Convergence’s Asia Natural Capital Window
With funding from the RS Group for its Asia Natural Capital Design Funding Window, Convergence awards Blue Finance and Ocean Outcomes (O2) design-stage grants for blended finance solutions targeting Sustainable Development Goal 14–Life below Water.
- Categories
- Environment, Finance
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Press Release: BBVA and Pestana Hotel Group Issue the World’s First Green Bond in the Hotel Industry
BBVA and Pestana Hotel Group have reached a new milestone in the sustainable finance market, issuing the world’s first green bond in the hotel industry, according to the International Capital Markets Association’s (ICMA) Green Bond Principles.
- Region
- Europe & Eurasia
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Social Media Puts Emerging Markets At Forefront Of Tourism
During the past few years, we have seen a massive shift in user behaviour within the tourism industry, primarily driven by increased usage of smartphones and social media apps.
- Categories
- Technology
- Tags
- tourism
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Lagos Has Become One of Airbnb’s Fastest-Growing Markets Globally
That growth trajectory is reflected in the growing supply of Airbnb listings in the city, as data from vacation rental data firm AirDNA shows. Between May 2018 and May 2019, available Airbnb listings in Lagos have nearly doubled.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- tourism
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Forget SF and New York, the Future of Airbnb is in Kathmandu and Lima
Airbnb’s success in emerging markets is indicative of another global trend: It’s not just that travelers in Airbnb’s more mature markets are traveling more to countries in Africa or Asia, but that more people are traveling within large countries like India and China too.
- Categories
- Uncategorized
- Tags
- tourism
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Boosting the Social Impact of Food Tourism: The Keys to a Collaborative Model
Héctor Gerardo Ibarra talks about social entrepreneurship a lot – sometimes to children as young as second grade. He helps them understand the concept by identifying a specific local problem and a solution involving something they already like doing. The same can be said of Ruta Origen, a social enterprise he co-founded to confront unfair payment of Mexican producers, paired with a solution that involves plenty of traveling and eating. In this post, Gerardo Ibarra details a collaborative impact model that is similarly straightforward, but by no means easy.
- Categories
- Agriculture, Environment, Social Enterprise
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