Within the leisure travel market, tourism digitization performs an essential position. As the COVID-19 pandemic turned the travel industry the different means up, digital innovation, together with new hygiene measures, home locations, and sustainability will doubtless cleared the path within the new period of leisure travel. The Harvest Travel & Leisure Index ETF provides buyers with exposure to the long and short-term progress tendencies we see in the travel and leisure area. Demand for travel enjoyed consistent tailwinds from demographic tendencies and client preferences earlier than the pandemic.

  • The World Tourism Organization’s data implies worldwide travel arrivals remained down more than 60% in March 2022 compared with 2019.
  • The company will lease the actual magazine again to Meredith as a part of a 30-year-agreement, permitting the writer to continue to supply and promote the publication.
  • The Travel and Tourism sector has been hit dramatically by current world occasions.
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