Regulatory and Legal Affairs

🗺 Europe, Nov 17, 2025: Europe’s tourism faces challenges with a shrinking customer base due to declining birth rates and an ageing population. Travelers over 65 now represent a significant market, with 40% experiencing disabilities. Rising VAT and city taxes pose additional pressures. In contrast, the U.S. and Japan see growth with competitive pricing. Local funding issues drive new tourism taxes, risking the industry's competitiveness. Industry leaders warn of a potential "Buckaroo moment" from excessive taxation.

💸 Nov 17, 2025, U.S.: A 30% drop in Canadian visits has led to a $5.7B decline in U.S. tourism spending in 2025. Political tensions, trade policies, and new border rules deter Canadians. Tourism-dependent states face economic risks like reduced hotel occupancy and local tax revenue. The U.S. is approaching a $70B travel trade deficit. Efforts to attract Canadians include discounts, as Canadian spending in some towns drops nearly 40%.

🚨 Nov 14, 2025 - Travelers booking via Booking.com and Expedia are targeted by a phishing scam using compromised hotel accounts. Scammers send fake payment-verification requests, urging guests to verify payment to avoid cancellation. Attackers use a ClickFix attack to compromise hotel systems, deploy malware like PureRAT for remote access and credential theft. To stay safe, guests should verify payment requests directly with hotels using official contacts. Avoid trusting email or message requests for payment confirmation.