Category: Corporate Travel
Corporate Travel market research reports by Euromonitor International
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Booking in Ireland
Booking in Ireland Travel activity in Ireland continues to rise in 2024. Irish consumers have become increasingly confident in taking trips to long-distance destinations, driving up overall spending on booking. This is opposed to the trend in previous years, when growth was driven both by a return t ... Read More
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Booking in Germany
Booking in Germany Although booking sales in Germany continue to grow in 2024, a significant slowdown is evident. Several factors, including the cost-of-living crisis driven by high inflation the previous year, are still being felt and play a role in the shift in consumers’ behaviour and priorities. ... Read More
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Booking in South Africa
Booking in South Africa In order to grow and gain share in South Africa’s travel and tourism industry, it has become imperative for service providers to be in partnership with key travel intermediaries. This is evident with the growing popularity of platforms such as Booking.com, where accommodation ... Read More
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Booking in Sweden
Booking in Sweden Booking sales are set to grow in current value terms in Sweden in 2024. In late 2023, the European Commission blocked the acquisition of Swedish eTraveli online services - Gotogate and MyTrip, by global market leader, Booking.com. The aim is to protect consumers and not to allow th ... Read More
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Booking in the United Kingdom
Booking in the United Kingdom 2024 is seeing outbound travel take a higher share of UK consumers’ travel expenditure. This is benefiting sales via intermediaries overall, where in leisure travel, leisure air travel is one of the most dynamic growth areas, reflecting the status of airlines as the mos ... Read More
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Booking in Switzerland
Booking in Switzerland Summer has been somewhat disappointing for booking in Switzerland in 2024, with travel agencies disappointed as Mediterranean destinations are recording below average sales. However, autumn travel faces a brighter outlook, and southern European destinations such as Greece, Spa ... Read More
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Booking in Turkey
Booking in Turkey Travel bookings in Turkey saw phenomenal current value growth in 2024 driven by the rising cost of holidays. Hyperinflation and the devaluation of the Turkish Lira led to significant increases in travel and accommodation prices. Sales of package holidays to outbound tourists were n ... Read More
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Portugal Booking
Booking in Portugal Following a record-breaking year in booking in 2023 for many industry players in Portugal, expectations for 2024 were initially cautious due to the complex global situation. The ongoing war in Ukraine, the emergence of other conflicts around the world, persistent inflation, eleva ... Read More
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The Netherlands Booking
Booking in the Netherlands Direct bookings in the Netherlands are growing faster than through intermediaries, which is partly due to the stronger growth in leisure travel compared to business. Travel intermediaries remain the key choice for booking business travel. When making a travel booking, one ... Read More
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Greece Booking
Booking in Greece In 2024, the booking sector in Greece has seen its revenue surpass pre-pandemic levels, driven by a robust increase in travel demand and significant hikes in travel costs. This rise in revenue is attributed to both an uptick in the number of travellers and the increased costs assoc ... Read More
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Canada Booking
Booking in Canada After a few years of restricted movement, people are keen to make the most of travel opportunities, even as part of their work. Employees are making the decision to enhance corporate travel opportunities with rest, relaxation, and adventure by either adding additional days to busin ... Read More
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Ecuador Booking
Booking in Ecuador Online bookings continue to gain share in Ecuador, especially with the ascendancy of Generation Z consumers, who are entering the workforce with augmented purchasing power. As this tech-savvy generation asserts its influence in the travel domain, the online channel is gathering mo ... Read More
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Taiwan Booking
Booking in Taiwan Retail sales of bookings are expected to continue growing in constant value terms in 2024, albeit at a slower rate than in 2023, when there was a release of pent-up consumer demand. Japan represents the top destination for Taiwanese travellers, with the ongoing depreciation of the ... Read More
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Denmark Booking
Booking in Denmark 2024 is proving to be a positive year for booking in Denmark, supported by Danes travelling more with increases in both outbound and domestic trips compared to 2023. Spending is also on the up thanks to higher prices, though the worst of inflation seems to be over. In business tra ... Read More
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Kenya Booking
Booking in Kenya Mobile and online bookings continue to dominate the travel booking landscape in Kenya. This trend is driven by the increasing availability of mobile apps and the convenience they offer to consumers. With more Kenyans owning smartphones and gaining access to the internet, mobile book ... Read More
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New Zealand Booking
Booking in New Zealand In 2024, booking sales in New Zealand are set to record a double-digit increase. As New Zealand emerges from the pandemic and reopens its borders, international business travel has seen a substantial resurgence, even as the domestic market faces significant challenges. Busines ... Read More
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Israel Booking
Booking in Israel Booking sales are set to decline in current value terms in Israel in 2024. While locals are starting to travel more in 2024, there is still expected to be a decrease in the overall travel market, which will impact booking. The only category set to show growth is airlines, as the pr ... Read More
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Finland Booking
Booking in Finland Booking sales are seeing slower growth in current value terms in 2024 after the dynamism seen in the previous two years. Although consumers remain keen to travel economic pressures have been taking their toll. Elevated inflation and rising living costs have placed a financial burd ... Read More
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Belgium Booking
Booking in Belgium Booking is performing very well in Belgium in 2024 with a new post-pandemic record. Indeed, even if the economic situation is not always easy, it seems that the travel budget of Belgian families has not been affected much. Actually, even if they do look to save a little by going t ... Read More
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The United Arab Emirates Booking
Booking in the United Arab Emirates Booking.com BV stands as the leading travel intermediary in the United Arab Emirates, commanding a strong presence in the local market. Following closely behind, SNTTA Emir Tours continues to hold a significant position, being one of the oldest and most trusted pl ... Read More
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Brazil Booking
Booking in Brazil 123 Milhas is an online travel agency that offers air tickets, lodging, and other travel services, such as packages, travel insurance, and car rental. In 2023, the company suspended its flexible date packages and air ticket issuance, known as “Promo”, which typically offered below- ... Read More
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Colombia Booking
Booking in Colombia During 2023 and 2024, there has been a noticeable increase in customers searching for destinations such as La Macarena Meta, Providencia, Tolú Sucre, Nuquí Chocó, and Buenaventura in Valle del Cauca. This trend indicates a shift towards new, undiscovered destinations that allow t ... Read More
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Japan Booking
Booking in Japan The convenience of online booking has led to its continued growth, and this trend is expected to be maintained in 2024. However, the risks associated with booking online cannot be ignored. As the number of overseas travellers has been surging along with the end of the pandemic, prob ... Read More
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Spain Booking
Booking in Spain Booking in Spain continues to benefit from the rebound in tourism in 2024, with both online and offline travel intermediaries seeing a healthy performance. That said, online sales are stronger than offline, as consumers have become accustomed to the convenience which e-commerce and ... Read More
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Thailand Booking
Booking in Thailand Already recovering to pre-pandemic levels the previous year, across both travel intermediaries and direct suppliers, value sales of booking in Thailand continue to record healthy growth in 2024. While Agoda, Traveloka and Booking.com continue to lead online travel agencies (OTAs) ... Read More
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