Category : Search result: tourism inflation


Visit Cornwall collapses into liquidation

Shockwaves hit Cornwall's tourism industry as destination management organisation Visit Cornwall falls into liquidation, citing 'insurmountable financial problems' that threaten the county's vital visitor economy.

British tourists turn away from US holidays

Discover why UK travellers are turning their backs on traditional US destinations like California and Florida, opting instead for European alternatives amid rising costs and practical hurdles.

Luxury Red Sea Resort to Boost Egypt Tourism

An exclusive preview of a spectacular new luxury resort development in Egypt's Red Sea region, promising to create thousands of jobs and redefine sustainable tourism.

Bali freezes hotel permits after flooding crisis

Indonesian authorities hit pause on new hotel and restaurant permits in Bali's most popular districts as rapid, unregulated development exacerbates severe flooding problems on the island paradise.

Greggs & Pret Prices Soar Amid UK Food Inflation

New data reveals sharp price increases for UK lunchtime staples. Greggs sausage rolls and Pret's meal deals hit record highs as retailers grapple with persistent inflation pressures.

Bank of England holds interest rates at 5.25%

The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Governor Andrew Bailey warns of persistent inflationary pressures despite economic slowdown.

K-Pop 'Exorcism' Video Sparks 300% Tourism Boom

A viral K-Pop music video featuring demon hunters has triggered an unprecedented tourism surge to a remote South Korean village, with visitors flocking to its 'exorcism' locations.

Powell Warns: High Inflation to Delay Rate Cuts

Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.

UK Inflation Stuck at 3.8% in August

New ONS data reveals UK inflation remained stubbornly high at 3.8% in August, dashing hopes of a drop and piling pressure on the Bank of England. We break down the key drivers and what it means for your wallet.

UK Inflation Holds Steady at 3.8% in July

UK inflation remained unchanged at 3.8% in July, defying expectations of a fall. The surprise hold puts pressure on the Bank of England and impacts household budgets amid the cost of living squeeze.

UK Inflation Plunges to 2.3%, Nearing BoE Target

In a dramatic shift, UK inflation has fallen to its lowest level in nearly three years, hitting 2.3% in April. This brings it tantalisingly close to the Bank of England's 2% target, putting a summer interest rate cut firmly on the table. Discover what thi

UK inflation holds at 3.8%, Reeves faces budget warning

UK inflation remains stubbornly high at 3.8% in September, posing significant challenges for Chancellor Rachel Reeves as she faces warnings of a £24 billion budget shortfall and tough economic decisions ahead.

Asia Plans $1bn Las Vegas-Style Casino Resort

An ambitious Asian nation is challenging Macau and Singapore's dominance with a colossal $1 billion casino resort project, aiming to become the next global gaming and entertainment epicentre.

UK Food Inflation Could Hit 15% This Summer

Shoppers across the UK face a severe cost of living squeeze as new analysis warns grocery inflation could surge to 15% this summer, adding hundreds of pounds to annual food bills.

UK Food Inflation Soars Above Germany and Spain

Exclusive analysis reveals UK food inflation is significantly higher than in Germany, Spain, and France, placing immense strain on British households and raising questions about post-Brexit trade impacts.

Devon's £500m 'Dubai': Eden Project Transforms Torbay

A visionary £500m Eden Project North in Torbay promises to revolutionise the English Riviera, drawing global tourists with its stunning biomes and cutting-edge sustainability, creating thousands of jobs.

Cornwall's tourist numbers hit lowest point in a decade

Cornwall's coastal communities confront an unexpected crisis as anti-tourist sentiment leads to a dramatic visitor decline, triggering economic hardship and forcing a bitter rethink about the region's dependence on tourism.

Príncipe: The Secluded African Island Paradise

Hidden in the Gulf of Guinea lies Príncipe, a breathtaking volcanic island with untouched rainforests, empty golden beaches, and a fascinating history. This is the ultimate eco-tourism escape.

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