• Post Brexit, UK tourism industry looks for long-haul markets like the US and China

    25 days ago - By Travel and Tourworld

    Buckingham Palace, Big Ben, the Royal family - London is blessed with innumerable renowned attractions wrapped in tradition and heritage, most cities can only dream of. However, with Brexit, the UK tourism industry, which supports more than one tenth of the country's jobs, has hit a rough spot.
    In the first nine months of 2018, overseas visitors to the UK went down, but the industry has survived, pitching harder for business in lucrative long-haul markets and attracting millennials as enthusiasm for Old Blighty among its European neighbours is waning.
    Attracting tourists from Europe after...
    Read more ...

     

  • Iran looks at Bitcoin to protect tourism from US sanctions

    Iran looks at Bitcoin to protect tourism from US sanctions

    25 days ago - By Travel and Tourworld

    Iran is looking at adopting more Bitcoin and cryptocurrency as a way to ensure the flow of much-needed revenue from its tourism industry. This move comes as state officials try to prevent the country's booming tourism sector from being negatively impacted by the resumption of U.S.-led sanctions.
    Both public and private stakeholders are looking at the benefits of adopting cryptocurrency payments to lift any possible restrictions suffered by visitors to the countries as far as payments are concerned.
    There is a growing interest between important actors in both the Iranian government and the...
    Read more ...