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Global travel soars amid evolving risk landscape: International SOS

International SOS underscored the necessity to implement enhanced risk management strategies for travellers and organisations, amid the increasing international travel. While global travel regained momentum despite significant fluctuations throughout 2023, the evolving landscape raises concerns about the growing complexity of risks that both travellers and organisations need to navigate. International SOS data revealed a 59% increase in international travel and 48.4% increase in domestic travel during October 2023, as compared to the beginning of the year.1 These findings align with a recent report from The International Air Transport Association (IATA), emphasising the resurgence of global travel. According to IATA, global air traffic reached 97.3% of pre-COVID levels at the end of 2023.2 With the holiday season quickly approaching, IATA anticipates that this trend will continue into the New Year, despite economic and political uncertainties in parts of the world. For instance, the Middle East region anticipates to witness a substantial uptick in air passenger traffic, indicating a promising trajectory for 2024. Additionally, the industry forecasts indicate that the volume will reach 105% of 2019 levels, facilitating travel of around 429 million passengers. Michael Rogers, Chief Security Analyst at International SOS said: “The resurgence in global travel comes at a time in which the travel security landscape is increasingly being complicated by geopolitical events, natural disasters and other developments. More and more organisations are finding comprehensive risk mitigation strategies for their mobile workforce to be of upmost importance. Today, more than ever, travellers need to remain informed of prevailing risks and attendant mitigation measures. Beyond geopolitical issues and natural disasters, emerging diseases, social unrest and evolving crime dynamics require that travellers practice vigilance. Across a series of concurrent and overlapping crises, …

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