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Japan slides into recession, loses third-largest economy status

Japan slides into recession, loses third-largest economy status

In a surprising turn of events, Japan's economy has slipped into recession for the second consecutive quarter, fuelled by sluggish domestic demand. This downturn has led to the re-evaluation of Japan's global economic standing, causing

Nepal’s Kavya Resort & Spa forays into India; partners with Global Destinations

The newly-opened Kavya Resort & Spa in the Nagarkot area of Nepal is set to offer its lifestyle wellness offerings to the Indian clientele having appointed Global Destinations as their Representative. Hitesh Golcha, Managing Director,

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Bengaluru leads the race with South India emerging as Top leisure source market for Thomas Cook

Bengaluru leads the race with South India emerging as Top leisure source market for Thomas Cook

South India has emerged as the largest contributor to the holidays business for Thomas Cook (India) Limited. Bengaluru, Karnataka has emerged as the company’s number 1 source market for the leisure segment. To leverage on

Domestic
Japanese Delegation Explores Rural Tourism and Offers Aid in Assam’s Agia

Japanese Delegation Explores Rural Tourism and Offers Aid in Assam’s Agia

In a bid to bolster rural tourism and provide financial assistance, a delegation from the Japan International Cooperation Agency (JICA) recently visited the remote Garo tribal village of Bakdo in Agia, Assam. The village, situated

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Japan witnesses record 2.73 million visitors in 2023

Japan witnesses record 2.73 million visitors in 2023

Japan welcomed a record number of visitors in December, official data showed on Wednesday, closing out a year of rapid recovery from the COVID-19 pandemic. The number of foreign visitors for business and leisure rose

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Travel & tourism sector deal activity down by 32.7% YoY during Jan-Nov: GlobalData

Travel & tourism sector deal activity down by 32.7% YoY during Jan-Nov: GlobalData

A total of 666 deals (mergers & acquisitions (M&A), private equity and venture financing) were announced in the travel and tourism sector globally during January-November 2023, which is a year-on-year (YoY) decline of 32.7% compared

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