Retail sales of bookings continued to grow strongly in constant value terms in 2023. This rebound was driven largely due to pent-up demand, as well as strong growth in domestic tourism and the rising popularity of staycations by domestic travellers. While there was a notable rebound in international arrivals from Europe and North America, booking demand from other countries, particularly China, was slower to recover.
Euromonitor International's Booking in Philippines report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2018-2022, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2027 illustrate how the market is set to change.
Product coverage: Booking Offline, Booking Online, Business Travel, Direct Suppliers, Leisure Travel, Travel Intermediaries.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Booking market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Booking in the Philippines
Euromonitor International
September 2023
List Of Contents And Tables
BOOKING IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Bookings continue to recover
Recovery boosted by development of online booking platforms
PROSPECTS AND OPPORTUNITIES
Booking sales see slow recovery due to high prices and consumer cost concerns
Advancements in digital technology will be key to growth
CATEGORY DATA
Table 1 Booking Sales: Value 2018-2023
Table 2 Business Travel Sales: Value 2018-2023
Table 3 Leisure Travel Sales: Value 2018-2023
Table 4 Travel Intermediaries NBO Company Shares: % Value 2018-2023
Table 5 Forecast Booking Sales: Value 2023-2028
Table 6 Forecast Business Travel Sales: Value 2023-2028
Table 7 Forecast Leisure Travel Sales: Value 2023-2028
TRAVEL IN THE PHILIPPINES
EXECUTIVE SUMMARY
Travel in 2023
Airlines: key trends
Hotels: key trends
Booking: key trends
What next for travel?
MARKET DATA
Table 8 Surface Travel Modes Sales: Value 2018-2023
Table 9 Surface Travel Modes Online Sales: Value 2018-2023
Table 10 Forecast Surface Travel Modes Sales: Value 2023-2028
Table 11 Forecast Surface Travel Modes Online Sales: Value 2023-2028
Table 12 In-Destination Spending: Value 2018-2023
Table 13 Forecast In-Destination Spending: Value 2023-2028