Devaluation of one’s own currency is one of the traditional ways for governments to support their economies: exports grow as it is cheaper to buy products from the country, imports slow down as it is more expensive for their citizens to buy goods from abroad. It also has a positive impact on tourism figures as it is more affordable to…

ClimaTrade was founded in 2017. Headquartered in Valencia (Spain), it helps companies fulfil its carbon offsetting commitments through blockchain-based solutions.  It currently has 500 companies registered and over 2,700 final users. Altogether, it has helped to compensate 3 million CO2 tonnes and offers 60 different offsetting projects in 20 countries.  Francisco Benedito, co-founder and CEO at ClimateTrade, tells us about…

Speakers from Hotelverse, The Thompson Madrid and ClimateTrade will also participate at the conference. Forward_MAD will be a carbon-neutral event and will finance a reforestation or renewable energy project to offset its CO2 footprin. The conference will be held at the Círculo de Bellas Artes in Madrid and will include events at The Thompson Madrid and the Thyssen-Bornemisza Museum. Madrid,…

In the last weeks, flight cancellations and delays due to strikes and lack of staff, not only at airlines, but also at airports, have been affecting passengers in Europe and North America. Airports are even asking airlines to reduce their flight schedule, as they can’t cope with the volume of travellers expected to fly this summer. Though the situation is…

Mastercard provides consumer and businesses with payment products and infrastructure to complete their financial transactions. In 2020, it launched the Mastercard Economics Institute to analyse macroeconomic information through the lens of the consumer. Natalia Lechmanova is  Senior Economist at this research organization, and recently at Forward_Travel we interviewed her to learn about the latest trends in travel.   1. Tourism…