Local Economies

2 articles

Tourists engaging with local vendors and artisans in a vibrant street market, showcasing the rise of experiential travel over mass tourism.

Experiential Travel's Economic Boom Challenges Traditional Sightseeing Ahead of 2026

Hotel bookings for the 2026 World Cup are currently 30% below projections in host cities, a shocking shortfall that challenges the long-held assumption that mega-events guarantee economic windfalls, a

Sophie Nguyen·May 10, 2026

Tourists exploring a historic town street, visiting artisan shops and ancient architecture, highlighting the economic and cultural benefits of heritage tourism.

Community

What is Heritage Tourism and Why Does it Matter for Local Societies?

$1.3 billion in taxes and over 105,000 jobs: that's the annual economic footprint of heritage tourism in Virginia alone, according to heritage tourism data. This sector, driven by visits to historical

Derek Molina·May 4, 2026