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💥 Maui experienced the largest hotel revenue per available room (RevPAR) decline in the US last year at -13.2%. The slump, 18 months after Maui's wildfires, also affected hotel occupancy and average daily rates. Efforts are being made to boost tourism and hotel occupancy through marketing funds and initiatives involving travel agencies and tour operators.

✈ Flydubai reported a record profit before taxes of $674 million for the fiscal year ending December 31, a 16% increase over the previous year. Revenue reached $3.5 billion, up 15% from $3 billion in 2023. EBITDA grew by 15% to $1.1 billion. In 2024, the airline transported 15.4 million passengers and expanded its network to 131 destinations in 55 countries, including 97 underserved markets. Despite delivery delays of new aircraft, flydubai still added destinations such as Basilea, Bhairahawa, Islamabad, Lahore, Kerman, Kish Island, Langkawi, Penang, Mombasa, and the Red Sea.

🏖️ European tourism in Q4 2024 saw a +6.7% increase in foreign arrivals and a +4.8% rise in overnight stays compared to Q3 2023. Tourists spent 7.8% more in Europe in 2024, totaling €705 billion, with Western Europe driving nearly three-quarters of the regional expenditure. Despite geopolitical instability and high travel costs due to inflation, off-season and winter travel remained strong. Southern Europe's tourism growth slowed, while Northern Europe, especially Iceland with a +14% increase in arrivals in Q4 driven by natural attractions like the aurora boreale, gained popularity. Extreme weather events affected travel, notably in Spain's Valencia province, causing a slump in growth (-4.2% in November, -6.3% in December). Long-haul travel from Asia/Pacific, particularly China, is still -39.6% below pre-Covid levels, while US transatlantic trips mostly surpassed 2019 levels, with Turkey (+153%), Portugal (+91%), and Montenegro (+49%) leading the recovery.