From Egyptian jewellery to 15th century armour to medieval illuminated manuscripts, old masters and exceptional contemporary design - Tefaf, Europe's principal fine arts fair, really has something for everyone.
03.03.2025 - 07:55 / euronews.com / Glenn Fogel
Did you know that tourism accounts for 10% of the EU’s gross domestic product (GDP), according to the European Parliament? Statista also estimates that revenue for the EU-27 travel and tourism market will hit $220.1 billion (€210.3bn) in 2025.
The rebound in travel following the pandemic has driven much of the sector’s gains in the past few years.
Glenn Fogel, CEO of Booking.com says: “We have just seen such incredible desire to travel. You can actually see it, how much people want to travel because as soon as a country opened up, people would just jump to travel. So we got a big, big boost for the first few years of coming out of Covid. That desire to travel, it never ends.
“Now, of course, the question is, is it going to continue or not? And sometimes people talk about, ‘Well, prices are so high, so will people be able to travel or is there going to be a recession and people won't have the money to travel?’”
In this episode of The Big Question, Glenn sat down with Angela Barnes to discuss the issues shaping the travel sector: sustainable tourism, overtourism and the wildest future trends.
With an increased focus on sustainability in the travel sector, travel companies and their partners are facing more hurdles in maintaining profit margins while increasing sustainability options for consumers.
Fogel emphasises: “Sustainability is critical for the future of our industry. Our mission is to make it easier for everybody to experience the world. If the world isn’t worth experiencing, that’s not going to be good for travel.”
Rapidly changing and often overlapping regulations are also posing barriers to profitability in the travel sector, by forcing companies to invest significant time and resources in working out how to adhere to them.
EU regulations such as the Digital Markets Act (DMA) have contributed to higher costs and more cumbersome processes for European companies like Booking.com, unlike other global competitors like Google, which are far bigger and can more efficiently handle overlapping policies as well as rapid regulatory changes.
Other non-EU travel companies, often as big as Booking.com, also don’t have to adhere to EU regulations. That significantly affects Booking.com’s ability to compete with them, while also seeming to “punish” other successful European travel companies and the domestic travel sector as a whole.
Regarding those competitors, Fogel says: “They don’t have their engineers dealing with the regulations. Their engineers are creating better services for their consumers. So my thinking is: Why did we come up with this? We're going to make things harder for the European companies to compete against the global travel industry.”
Artificial intelligence tools such as Booking.com’s AI trip
From Egyptian jewellery to 15th century armour to medieval illuminated manuscripts, old masters and exceptional contemporary design - Tefaf, Europe's principal fine arts fair, really has something for everyone.
The sun had begun its leisurely descent over Bodrum Town on a September afternoon when I started going back over my list, making sure I hadn’t missed anything. A stroll along the marina, pausing to take a video of a forest of Turkish flags fluttering in the wind: check. Bites of kabak cicegi dolmasi and enginar kalbi on the terrace of a restaurant overlooking gulets bobbing in the harbor below: delicious. Browsing leather shoes and handwoven towels in the labyrinthine bazaar: my credit card statement would attest to that. Satisfied, I started mapping out the route back to the hotel, working in a stop at a posh Turkish delight shop a friend in New York had recommended. I turned to my mom, ready to lead her out of the bazaar, when I noticed her hesitate.
A swarm of mild earthquakes that saw thousands of residents and visitors leave Santorini, Greece, on flights and ferries appears to have petered off, according to experts.
I am sitting at the MSC Yacht Club Grill, an exclusive open-air eatery atop the 2-year-old MSC World Europa, when I begin to wonder if my butler, Lanto, can read my mind.
Your choice of shelter can make or break your outdoor experience, and there are so many options to choose from depending on your needs and environment. Picking the right camping tent can get complicated fast, so we tapped outdoor gear experts and seasoned campers for their picks of the very best tents.
We're big fans of Daily Drop, the newsletter full of travel tips and deals on airline flights and hotel bookings. That's why we wanted to give you the heads-up on its newly launched subscription service, which is an excellent resource for finding and securing bargains on economy, business-class and even first-class flights.
Charleston, South Carolina, seems like a photoshoot waiting to happen: pastel-colored buildings, palm trees swaying in the breeze, and plenty of sunset views where the golden hour light is just that good. However, this South Carolina city is more than just a pretty face—Charleston is one of the top-booked places for bachelorette parties in the US.
When people think of St. Patrick’s Day parades in the United States, places like New York City, Boston, or Chicago usually come to mind. And while New York City has the largest and oldest St. Patrick’s Day parade in the country (it was established in 1762), the second largest belongs to a city much smaller in size: Savannah.
From Elliott's annoying little sister in "E.T." to Josie Grossie in "Never Been Kissed," Drew Barrymore has played some iconic parts. Now, in her latest role, she'll become a godmother to the cruise industry's newest mega-ship, MSC World America.
When someone is about to board a long flight, a list of things to worry about often runs through their head: Will I actually be able to fall asleep? How bad will my jet lag be? Do I have enough snacks? For some, the concern over blood clots might figure somewhere on that list. After all, flights longer than four hours can increase the likelihood that a clot (a clump of gel-like blood) will form in a deep vein and cause deep vein thrombosis, or DVT. The condition can lead to serious and potentially fatal outcomes if the clot breaks loose and gets lodged in a lung artery, preventing blood flow. When this happens, it’s called a pulmonary embolism.
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Recently, Sri Lanka's Southern Province has become a favored destination for neophyte surfers—a laid-back alternative to the less forgiving waters of the eastern coast—and a lively hospitality scene has risen in tandem. It is centered in the Galle district, famous for its monumental Galle Fort, a 16th-century Portuguese stronghold where shops and sleek stays like the Fort Printers hotel now buzz behind the ramparts. But follow Matara Road to the town of Ahangama and the surfing hot spot of Weligama Bay, and you'll start to see the bigger picture: a growing Sri Lankan design movement informed by heritage crafts, spiritual traditions, Dutch colonial roots, and the easy-breezy vibes of the wave riders who are driving change—in the water and on dry land.