Who can rightfully claim credit for inventing tapas?
Tapas, translated as “tops” in English, likely first became popular centuries ago. But there are many interesting stories about the true origins of Spanish small plates.
Read my more in my Medium post, “How taps came out on top.”
The Impact of the Orange Economy on the Development of Emerging Tourist Destinations
In recent years, I have witnessed the growth and significance of the orange economy, which has made a substantial contribution to the gross domestic product (GDP) of various countries. This is particularly notable in Latin America, where growth is evident in areas such as job creation and exports. Mexico is a standout example; according to a report published by Wortev Capital a few years ago, this industry accounted for 3.1% of national employment. Before continuing, it is essential to briefly review that when we refer to the “orange economy,” we are talking about creative and cultural industries that drive economic growth through job creation and social development while promoting creativity, innovation, art, and artistic expression. According to UNESCO, these industries represent 3% of the global GDP. The orange economy has a significant impact on tourist destinations, serving as a diversification mechanism that reduces reliance on traditional sectors. Among the emerging tourist destinations fostering this industry is Colombia, which has developed tourism routes in cities like Medellín and Bogotá, where urban areas have been revitalized, jobs were created, and local urban art, music, and cuisine have served as an attraction to international tourists. Another notable country is Brazil, where the orange economy is prominently
Investing in Wellness: How Hotels are Integrating Health and Wellness Spaces to Attract New Clients
In recent years, wellness and health have become crucial and non-negotiable factors globally, driving a growing trend in tourism and hospitality. According to a McKinsey study, 79% of respondents view their wellness as a top priority. This article will briefly explore the rise of health and wellness in the sector and how the hotel industry is capitalizing on this trend. Beyond creating new business opportunities and profitability, hotels aim to be a key destination for those seeking relaxation with wellness as a main focus. When we talk about wellness tourism, it’s essential to highlight that this concept involves people traveling to various destinations with purposes beyond just vacation. These travelers seek to care for their mental and emotional health while enjoying their stay. This type of tourism accounts for about 17% of global tourism spending. According to research from RunRepeat, the global wellness tourism sector is expected to reach $1.2 trillion by 2027. This makes it crucial for businesses in this sector to adapt to these trends to ensure their continued success and relevance in the market. A successful case of this integration is Hyatt Hotels, an international chain known for offering unique wellness-focused experiences. One notable example is the Grand Hyatt Playa
Economic Impact of the Paris Olympics 2024: An Analysis of Key Sectors
Reflecting on the recent 2024 Olympic Games, it is clear that this sporting event has left a significant economic mark, not only in terms of infrastructure investments but also in key sectors such as tourism and job generator, as well as an intangible return on reputation for the host country and sponsoring brands. This article provides a brief analysis of the Olympics' impact on these critical areas and how they have contributed to the grow of the French economy. Impact on Tourism and Job Creation The Olympics, held every four years, is one of the world's largest sporting events, drawing the attention of millions fans globally. As a result, the host country becomes the center of attention, with France anticipating the arrival of 11.3 million visitors in Paris during the 2024 Olympic Games. This sum includes both spectators of the Olympic events and tourists who took the opportunity to visit the city. In addition to the direct benefit of increased visitors, the country also sees positive effects in other sectors tied to tourism, such as hotels, restaurants, museums, and transportation services, many of which were modernized and upgraded specifically for this event. Total Economic Impact on Paris from the 2024 Olympic Tourism The economic impact