Insurance companies operating in travel and tourism are revising policy terms and pricing as destinations worldwide face rising risk events—including extreme weather, geopolitical instability, and operational disruptions.

The ongoing federal government shutdown in the United States continues to ripple through the travel and tourism sector, especially in communities tied to national parks, heritage areas and federal infrastructure.

The shutdown affects airports, national parks, and museums, creating uncertainty among travelers and tour operators.

Spirit Airlines, the Florida-based ultra-low-cost carrier famous for its bright yellow planes, has filed for Chapter 11 bankruptcy protection for the second time in less than a year, highlighting the airline’s persistent financial challenges.

Spain’s tourism industry is projected to contribute €260.5 billion to GDP in 2025, representing nearly 16% of the national economy—a strong indication of the sector’s resilience.

Ryanair has reached a landmark deal with Booking Holdings, the parent company of Booking.com, KAYAK, Priceline, and Agoda, allowing these platforms to legally sell Ryanair tickets.