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'They just come, take a nice selfie ... and leave.' Overtourism returns, but cities are fighting back - TL;DR CNBC

'They just come, take a nice selfie ... and leave.' Overtourism returns, but cities are fighting back

Publishing timestamp: 2023-10-08 20:23:02


Summary

The article discusses the issue of overtourism and how it has become a concern for many cities. It highlights the factors contributing to overtourism, such as budget airlines, short-term home rentals, social media, and online influencers. It also mentions the measures being taken by cities to address overtourism, such as placing caps on daily visitors, restricting large cruise ships, and implementing fines and fees for bad behavior. The article emphasizes the need for collaboration between cities, businesses, and residents to find a balance and manage tourist flow. It also mentions the importance of regenerative tourism and how travelers can contribute positively to the communities they visit.


Sentiment: MIXED

Tickers: ABNB

Keywords: indonesiatourismeconomylocal taxesairbnb incthailandtravelentertainmentjapantaxeslifestylelifevacationsbudget travelbusiness newshospitality and leisure industryenglandasia economybalifamily travelbhutanunited kingdomicelandgermanyunited nationsamsterdamspain

Source: https://www.cnbc.com/2023/10/09/cities-are-fighting-back-against-overtourism-venice-amsterdam-bali.html


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