salesman for team became a journey important for me as a, not just the, the vincent on boss. we're not at all highlighted on french television. i discovered that there's no freedom of speech in the west and decided that i could become a person of what is really happening. people want to know the version of the good july, the 27th monks a day, 9 years ago when the city of goal of i was having the shelves notice bloody sunday . 5 isn't children. among the dead with the owner of gulf to christina, shoot an infant daughter, kara, whose image is at the building near the sides of the shipment in which they were killed. ukraine continues to terrorize the children of dunbar. that price is ignored by the west. the media room with actual damage and a proxy will but human rights chief w. m. a. roosevelt is compiling data for war crimes, charges to be brought against the perpetrators gained by me duties at by moral day for the children dunbar. so it's not just a tragic, and that's just now required to the entire international community about what has

been happening is on based on 5000 to 14 years. and i hope the whole world sees. we see that not only children have been vast or dying from ukraine and old writings to split it a little citizens, the old boarder regence of the russian federation, suffer for me. crazy house. and the case hasn't opened all the facts of work. crimes known to us that only our children, but with all this information will be transferred to lunch force and the agency. the we have filed for the 3500 loss used on our citizens of international criminal court. and i'll call you up a tune up on the children of. don't boss have the same husband dreams of to be happy to be safe to be free. but those dreams are being shunted by ukraine in the west as nice. her weapons, still the future of the children of don't boss. this is steve sweeney and the don't . yes for public, for all to for the hour, but check out r t dot com for the latest news, along with everything that happened at the summit. as always, thanks for joining us. we'll see you back soon. the

the as we approach this summer months vacation becomes the topic of conversation for many people. but this year it seems like people are taking a different approach to travel as inflation and different as budget. i'm christy, i'm, you're watching the cost of everything we're today. we're going to be talking about the costs of vacation and why it seems like prices are going out of control. so the sheer number of tourist, it's near pre pandemic levels in 2023. multiple reports show economic concerns. curbing ambitions as colors are spending less and to complicate matters further. travel prizes are especially high from a combination of serving travel demand, industry, staff shortages and general inflation leading to hotel record highs. and perhaps the biggest increase in expense is a cost

a rental vehicle. hi rental car prior travel. however, due to supply chain breakdown and the con 3 was 37 percent higher than 2020. and while luxury resorts had the travel demand from not taking vacation in 2020, they were sorely disappointed. according to research from bloomberg, your average medium to high end traveler have a new ceiling for how much they're willing to pay and that's only $500.00. 69 percent of those surveyed were kept at a budget of $3500.00 for 7 nights. well, 24 percent were willing to spend up to a $1000.00 a night and a good, especially when it comes to resorts. an airline is that prices are continuing to be inflated without any reflection and better services. the research firms found that it was 30 percent higher than in 2019 for no reason. as a roommates were not backed up by increasing demand outweighing supply or did they

have better services? american travelers, on average, takes $3.00 leisure trips and 12 keisha spending is about 2 percent of the total budget of the us household annually. vacation expenditures very by each group with near retirees spending nearly 4 times as much on trips on average compared to young people under the age of $25.00. and back in 2013. the average cost of the vacation came out. oh is for a typical 12 night trip, but this amount has risen considerably in the past decade. today, prices for everything from restaurants to hold risen sharply. around trip airline ticket to europe is now a $1000.00, which is 20 percent more than in 2019. and 32 percent more costly than last year. around aaa to asia cost, $1600.00 about the 60 percent higher than in 2019 an overall travel copier and 20 percent versus 2019. and these are record high prices. and

a notable shift considering that prices have generally been following for intern with record high prices and the tourism industry. people might even feel uncomfortable to share their travel plans or where they can actually afford to go stand and c o a tourism teacher. thank you. so much for joining us, haley. hi, thanks for having me. of course. now starting off, haley. how did a cost a vacation in torres and varied between different cultures? do some countries spend more on their vacations than others? yes, absolutely. they're all set and comfortable, and predominantly, we have get people from the us, like, spend the loss of my travel europeans and those from a wealthy countries. and but the new risk is spending a lot on traveling. tourism is china and china are growing rapidly in terms of the out down tories market. so the people that leave china to go to other countries and

they also spend more apart from the us. they spend more than any other nationality . wow. and how have changes in global economic street in recent years. so obviously we've had the courage come demik, which has had a major impact on the turnaround tourism industry. i am traveling towards was completely hostage in many countries and people and that people have less money because a lot of people went on to what, what actually has happened is that a lot of people couldn't travel for quite some time. so they say you've got the money that they would usually have spent on traveling. so now that and board is the right for them people, contrib, afraid or spending more money on travel and booking those. so the holidays of a lot of time because they have that sort of time where they couldn't already way. and they found that and they really anticipated this trip. the economy has been struggling and we've had, you know, the russia, ukraine will. we've had cove it what we've largely saying is

a lot of people have have been saving not to go on those sort of big trips. and now what are some of the main industries that are taught us towards an impact their profitability and growth? well, tourism is insulated to lots of different industries, say for example, and agriculture industries. you know, people need to 8 countries, they will need more food to feed the people that do that as tourists. and it's students and leanings with at, you know, resale, for example. so when we go on holiday, we have to like, go shopping, relax, buy souvenirs. so that's when people go on holiday, this can have a huge benefit to the economy of the place that is hosting the tourism. now one of the things that we do see a lot which is a negative economic impact is that destinations and have a sort of leakage problem kids. well lots of the money that they make from tourism actually leaks out into other countries. say, for example,

if you were going on holiday or that i to say thailand for example, but you was staying in the hills and high. so a lot of that money would go back to the hills in headquarters, which obviously i'm not based leakage. and another example is all inclusive holidays say, particularly as brooks we lived significantly increase, accommodate where you get everything special food or drink everything. and what we see is that towards various of these sites house and that it's, it's working in place environment. so you're kind of in your own bubble and you don't leave that bottle. and what that means is that holiday company, which often is a foreigner in the money, and therefore if it's far and, and most of that money will be, goes back to wherever the, the organization is based. so was there is potential for lots and lots of money to be made in other industries that are related to tourism. unfortunately, that is not always in the destination that host the tourism and make absolutely,

but in your example when and these hotels be hiring a lot of locals and wouldn't they be contributing to a lot of the employment of the locals in the tourism industry? which for life goes, well, one of the negative impacts that we often see is that the high level jobs, lots of foreigners, companies might import stuff. and when we're looking at sustainability principles, which is really cool in a tourism and you know, many of the hopes of life and it's only gardens get big or big are these to keep things like what's highlighted for people. so we will typically see a lot, the lower level, a low paid jobs, finalize people that clean as, as the boss of that kind of thing. but what we sometimes do you see is that the mo, managerial powers and import is, uh, what we really need is for the organizational, so that they can problem and importing or and stuff. but obviously when we're asked you are employed in the tourism industry, they then have more money to spend in the economy. say for example,

if somebody is employed as say a cleanup do wouldn't have otherwise had a job. maybe they're cleaner and a heights house. they've now put more money to send their children to school altering goods that maybe they wouldn't have bought before to spend more money on that meal. so that money then has a sort of ripple effect. and you know that when they spend more money on the food, the rest of all the shop, it says the food will not have more money is to that they can afford before now has more money that school can then spend more money on supplies on improve and they're able to structure more people are paying taxes. so because they pay taxes, nothing can reinvest that as they see fit. so essentially they can improve the health carol, this education system, or you know, the infrastructure and whatever that may be. so tourism has so much power and is such a big most prior facts. but what's really key is that we make sure that that is sustained to be managed. i'm praying locally within the life of the economy. absolutely continue. discuss the economic importance of tourism to both the local and the

national economies. a tourism is hugely important economic well because it is often times the main revenue generates from the main the main way that the the destination makes money. and the problem we have with this is when countries or destinations begin to over rely on tourism, and there's many reasons that tourism could be taken away. so for example, the recent kind of at pump them at the old se, if, for example, from sustain that have budget had budget lines starts up new rates. one of the sudden they go all these people who can fly that really cheap place. they want to go on holidays that say they stop building new hotels, they start building new restaurants, new businesses open up. and then the line decides, actually this isn't almost the industry then is just estimate is. so you are really are a mess. the often times of other stakeholders, right? yeah, lines. and which can can take tories my way just like that or say there are things

like natural disasters, autonomic instability and, and all of these things can, can take away tourism. so watch tourism is a major tenement drive for many countries around the world. what's really important is that the destination is diversified. they would come and yes, tourism can be a big pop while that the predominant way of making money. because when things like kind of 19 happened, oh, you know, many, the other examples that i gave that can be absolutely devastating to the life for economy. and we sold that i, the in entered twins twins 2 twins, 2 twins. wow. yeah. so it's a very risky business, and are there any notable examples of countries that have successfully and there are many countries, the east doors and space they're in front of me. and probably the best examples will be the countries that do rely mostly on tourism. so cases that the movie license am b, g,

a lot of these areas that don't have much of the industry or don't have many other ways of making money as have seen huge success as a result, right? but as i say, we need to make sure we manage that sustainably. another thing that we see often happens is that destinations will jump in head fast and they'll see dollar slides. and they think this is wonderful when making all this money. people are coming here . but unless they have to create a sustainability principles in place, what will happen, what might happen is that we experience some of the next and the local people failing. then i'm happy about the amount of taurus, perhaps the environment being damaged and perhaps is dried and not the cost of living because that's really interesting. and i actually just read an article on the conversation i just saw, or it says share this evening. and it was talking about your full name ads for a digital name that has happening an impact on living costs in developing countries

. so lots of people are deciding it's really expensive where i live in london in new york and chicago, wherever you might be from then moving to to destination is that a cheaper embody wherever this was a sort really popular digital name at destinations. what's happening is that the businesses in that area recognize, okay, these people have got money, i can charge more money and it drives that costs. and what that does is it then affects the local people, things in their area, they to know number for labs. we see gentrification attack, so this is not good thing either. so the economic plate tourism is such a powerful force, but we really and the destination. but just to have that short term mindset to really push themselves at risk in the long term. absolutely, it's a very delicate balance to keep straight. thank you so much, dr. haley, but please stick around. dr. hailey stanton will stay with us, right. and. and when we come back, tourism has become a global and job creator,

especially for women in developing countries. will have more after the break, the city and land has developed. the problem is presented. how do we protect our nature and the unique animal that lives here? this is the cause of nature reserve where they are cultivating and innovative leopards into the wild bunch on thomas. this is in and vision, and today we're on the mountains of the global tourism has become the largest industry in the world with nearly $500000000.00 consumers of tours and services per year. spending hundreds of billions of dollars in 1000000 people worldwide and provides many opportunities for developing countries to create productive and inclusive jobs. grow innovative firms and finance the conservation of natural and cultural assets,

especially for women who comprise the mixers tourism accounted for 6 point one percent of global g, d p, and 2021. and this includes things from medical tourism, which has benefit of developing nations like the us and the you k all the way through leisure, family big callers that vacation suspend on restaurants, travel and hotels help the local economy to generate revenue for growth, a small and developing and 3rd world countries are even in some cases, the tours and the local economies that provide employment for the $44.00 countries rely on travel and tourism industry for more than 15 percent of their total share of employment. these poor centric countries are the hardest hit from global travel restrictions and inflation. but it's absolute dollar amount. the you at $1800000000.00 to its economy, followed by china at $1600000000.00. tourism has continued to recover in 2023 and overall international arrivals have reached 80 percent of pre pandemic 3 and

estimated 235000000 tours problem internationally. and the industry has continued to show its resilience, the middle east to solve the strongest performance as the only region exceeding twenty's to recover pre pandemic numbers in a full quarter. europe reach 90 percent of pre pandemic level as driven by strong intra regional demand africa reach 80 percent. while america reached 85 percent asia and the pacific still had strict co would restrictions and thus only had a 54 percent recovery. but this is set to accelerate. now that most of china has regional tours and receipts grew to hit the one trillion dollar mark in 2022, driven by the rebound and travel international and visit or spending reach. 64 percent of pre pandemic levels. and your opinion in torres and receipts or 87 percent of pre pandemic levels, followed by africa, the middle east, and the americas at 68 percent. meanwhile,

agent destinations only earned about 28 percent of their tours and receipts due to the pro law and order shut down phase. and some challenges, though, including the high global inflation rates and rising oil prices, which translates to higher transport and accommodation costs. as a result, tours are expected to increase and we seek in value for money and travel closer to home. and this is problem matic for countries that rely heavily on tourism as part of their g d p. countries like them all these and the british virgin islands revealed at 39 and 33 percent respectively. of their gdp comes from tourism and contribute to the employment of their local economy. wrecked lea brings and over $1000000000.00 a year. and this will become a big problem if tours increasingly decide to stay closer to home countries. there are also some drawbacks to tourism as a significant increase in torres and traffic can hurt the environment. torres generate a significant amount of garbage and waste and have been criticized for destroying

the natural essence of a region. countries. i've also criticized the tourism industry for commercializing their culture with little regard to their actual identity and the negative consequences of this lucrative business. let's bring in once again dr. haley stanton, c l, a tourism teacher. now hailey, thanks for all of the potential challenges or risk associated with the over reliance on tourism as a primary source of income for a country. well, there are lots of risks as i'm reading come, because we're putting all of our eggs in one basket essentially. and there are lots of things that could happen to prevent tourism from happening. you know, kind of like 9 teams, a fantastic song gets evict sahu, but put it into perspective. very clearly. bass without tourism, you know, destinations can really, really struggle. for example, when toilet that. what and people who have ellison sung trees, one of the biggest things to do when you visit, turn on, and they've dying and,

and really struggle. and, and that's really, really sad to say that when people in bodily, to relate to having to take the children out of schools because they no longer have any money to pay for those schools. so there was the many situations around, well, have such a boss negative effect. so it's really important that destination is diversified and yes, have towards me cards, tourism. make sure it stay nimble and o income source, because if it is taken away, whether it is due to a pandemic, natural disaster, a terrorism attack, or simply because maybe the destination just isn't so fashionable anymore, that can be home the destination. i mean the economy of the area. yes. and then how does the strength of the country's currency impacts tourism industry and the cost of travel for international visitors to well, currencies kinda have a really big impact. people like to travel to a place because they feel they can get good value for money. and when the currency

is stronger and a destination, it means you're buying some money is going down. so for example, london as well. and was yes, we have lots of tourists that come to visit london. there are also a lot of people here who actually say, i'm going to go somewhere else because it's so expensive. the cost of accommodation is very living, the cost of going out to a restaurants, etc. so when the currency is very strong in an area that might actually to tell people from visiting. and lots of countries would like to attract tourists who come from a country where they do have a strong current say, say for example, if you visit somewhere like and go or in india or shaw mile shake in egypt. and when you log into the apple past, somebody helps you to go back. they will set local currency because they know that the british pound is very valuable. it's worth a lot. it holds its value as well as nothing in stable currency like many, if, as the currency is all around the world. so it can, if you,

if you're towards that comes from terms a story, a country can be very desirable to other countries. yes. and then what countries are the most heavily dependent on towards them as a major contributor to the g d p. unemployment. and there are lots of countries actually that i'm very, very heavily reliant on tourism. and holly tourism is one of the major drivers. thailand has tours is a major drive the places that the moves the carrier b and the commas, except are they relied very, very heavily on tourism without that terms and makes trouble. and we've seen that with the recent patient countries. for example, i'm in need, you know, as i say with bali thailand, cigna pool and malaysia. those destinations rely very, very heavily. so it was and that was made very evident when the rest of the world started recovering and the tourism industry started to grow again. but the costs of the world didn't, despite those countries having freed oh,

that would many people that would usually visit those countries. that room able to absolutely and well tourism is a great boost to these local economies. not as claim that they actually suffer from tourism and popular destinations, or even tourism is a real problem. and i, the tourism is when we have too many people in the destination and what you'd be in queens at village or a small seaside town and all of a sudden perhaps only for a few weeks at the. yeah, that will be a huge influx of tourist and the local people generally don't like this. it means when they try it in a when they try to go shopping, they've got long queues. that means best street so full of traffic. they can find a place to park out that the natural vegetation might be trampled because the so many people walking live rates, things like this, and really can aggravate the local population. and if you guys make tourism sustainable, what we need to do is to make sure that what the stakeholders were, the people who have some involvement directly on the street,

including the people who live in the area the hospital or isn't, are involved with it. and now suppose to the bathroom, agreed by the choice, and that's taking place. that's when you start to experience problems. absolutely, thank you so much, dr. haley, for all your time today. my pleasure. a while the tourism industry is a big winner here. they aren't when a as big as one might think. the industry has faced 3 years of unprecedented hardship on the pen demik and is still feeling the effects of challenge. hotel employment is down from 2019 as from home jobs, and well 2022. so one of the strongest summer travel seasons ever when inflation is taking into account the industry likely wants a full recovery for several more years. macro economic and geo political hurdles are slowing the full recovery vacation, or while they still might have a wonderful experience and will definitely cost a lot more than it did in 2019. even though the average wage has not kept up with inflation. but there are those that are willing to forego their vacation and origin

. the number one barrier to travel in 2023 is actually lack of money according to the annual state of travel report for school, family and other commitments. and finally, concerns about cove it, which is now fairly even an after thoughts. i'm christy. i. thanks for watching. the cost of everything the the question of the money. i mean, you love to do it. most schools do, if you look on the initial study,

certainly while it be almost getting used to put value, what do you do origin by the office that was done, the newest government believes systems to do what i see these the buses, the little gear litigation says this done boss of the you, the next for you for me will be we don't involve weight. and molly, the somalia and the central african republic every 3 years from $25.00 to $50000.00 tons of which we will also provide retail liberty products. president vladimir, who says that even though russia has withdrawn from the blacks,

the brain deal for a tough for free. he makes those comments in his speech at.