Travel Fraud Protection: Key Types of Travel Scam, Protective Measures, and Software to Consider
AltexSoft Travel
JUNE 25, 2022
In 2019, the travel and hospitality industry accounted for a whopping 10.3 percent of global GDP. While this share decreased to 5.3 percent in 2020 due to pandemic restrictions, in 2021, the industry saw a rise up to 6.1 percent, which is about 5.7 trillion dollars. And everyone knows that fraudsters won’t be far behind from where money is, especially when most transactions happen online.
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