In this article, we will discuss the 25 states with highest tourism revenue in the US. If you want to skip our discussion on the US tourism industry, you can go directly to the 5 States With Highest Tourism Revenue in the US. According to the International Trade Administration, overseas tourists contributed $233.5 billion to the […]
The search for the best travel stocks is heating up. With September showing an impressive $104 billion in travel spending and a steady 3.5% growth year-to-date (YTD), the sector shows potential for growth even in challenging economic conditions. In particular, air travel demand stood out with a robust 10% increase. As we approach Travel Tuesday on Nov. 28, these travel stocks shine with opportunity. Travel Tuesday, a post-Thanksgiving period akin to Black Friday and Cyber Monday in the United St
The European Union's equivalent of the Supreme Court recently ruled in favor of the Italian government's right to seize nearly 800 million euros from the Airbnb Inc. short-term rental platform. The judgment amount represents rental revenue accrued by Italian landlords since 2017 when Italy passed a law that required Airbnb to collect a 21% flat tax on all short-term rentals. Like many European nations, Italy has struggled to balance the profit potential of Airbnb against the extent to which an o