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The Mastercard Economics Institute (MEI) has released its annual Travel Trends 2025 report, revealing the latest consumer spending insights and motivation when it comes to travel. Cross-border movement is often influenced by the most pressing economic factors of the moment, such as exchange rates and geopolitical tensions. However, these are not the only factors driving consumers’ travel […]
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Shifts in household savings, economic growth and consumer spending on “stuff” vs. “experiences” are in focus as businesses continue to move digital Global economic outlook report was launched at Expo 2020 Dubai, where 192 countries are currently participating in the world expo Ahead of the pandemic’s second year milestone, the Mastercard Economics Institute released today Economy 2022, a […]
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Small businesses globally go digital at three-times pre-pandemic levels To shed light on the impact the global health crisis – and ongoing recovery – has had on small businesses globally, Mastercard released Recovery Insights: Small Business Reset. The report revealed that in the Middle East and Africa, lodging small businesses have consistently outperformed larger businesses in 2021 […]
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Global gas spending is up 13%* over 2019 peak, with increases also observed in Egypt and Nigeria, indicating rebound in ground travel As people prepare to reemerge, sales have increased at barber and beauty shops, bike stores, and toupee and wigs shops, among other categories After flights were largely grounded and travelers stayed home in 2020, […]
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