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💰 Gattinoni Group achieved a 2024 turnover of €747 million, a 9% increase from 2023, and an Ebitda of €17.1 million, up from €14.2 million. Targeting over €800 million in revenue by 2025 and reaching €1 billion by 2026 with a network contract value of €1.7 billion in 2024. Franco Gattinoni mentioned a reorganization plan, doubling staff from 380 to 901, and increasing revenue from under €400 million to €747 million. The Travel division, led by Mario Vercesi, aims to grow from 80 to 100 owned travel agencies, with a 12% revenue increase to €416 million. The Events division saw €64 million in revenue, up by 5%, despite tax considerations. The Business Travel division reported €267 million in revenue, a 5% increase, with a focus on technological strengthening. A new CFO will be appointed on May 1.

🏖️ Following a surge in 2024, the US tourism industry anticipated 2025 to mirror pre-Covid levels of foreign travelers, yet international arrivals decreased by 11.6% in March compared to March 2024, excluding Canadian visitors whose data is pending. Air travel from Mexico dropped 23%, and visitor entries to the US from January to March totaled 7.1 million, a 3.3% decline from the same period in 2024. Predictions by Tourism Economics for a 9% increase in international arrivals have been revised to a 9.4% decrease, with significant drops expected from Canada due to Trump's political actions. Canadian visits led in 2024 with 20.2 million arrivals, but leisure bookings to the US fell 40% in March year-on-year, prompting Air Canada to cut its spring flight schedule. Tourism Economics forecasts international visitor levels may not surpass pre-pandemic levels until 2029 and anticipates a $9 billion reduction in US visitor spending this year.