peter varga
Managing Overtourism
Peter Varga | February 12, 2019
By Peter Varga and Aline Terrier What, for you, makes an ideal vacation? Being alone in a beautiful spot or sharing the experience with loved ones? More likely than not you prefer to avoid the 'madding' crowd but you may already have had first-hand experience of the increasing numbers of tourists visiting major destinations such as Machu Picchu, Angkor Wat, the Taj Mahal and Venice. Growth in tourism: facts and figures According to the latest statistics from the United Nations World Tourism Organisation: International tourist arrivals rose by six percent to 1.4 billion in 2018, the second strongest year since 2010. UNWTO expects the num...
Is it Time to Invest in Tourism and Hospitality in Iran?
Peter Varga | July 11, 2018
By Dr. Peter Varga Consider this: Iran, the cradle of the ancient Persian Empire, has great potential for tourism and hospitality but the development of these sectors in the country has been far from linear and that remains the case today, mainly due to geopolitics. Following the Islamic Revolution of 1979, tourists gave the country a wide berth. Then came the nuclear deal of 2015, signed by Iran and the US, UK, France, China, Russia and Germany. This promised to open up new opportunities for tourism and hospitality among other sectors, as UN, US and EU sanctions were to be lifted in return for Iran curbing its nuclear activities. Howev...