Category: Hotels & Lodging
Hotels & Lodging market research reports by Euromonitor International
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Taiwan Travel
Travel in Taiwan The travel industry in Taiwan is poised for continued recovery in 2024, driven by high volumes of inbound arrivals and outbound departures of Taiwanese tourists. In June 2024, the Taiwanese government launched a new tourism brand, ""Taiwan - Waves of Wonder,"" in an attempt to boost ... Read More
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Finland Travel
Travel in Finland Inbound and outbound travel continues on the path to recovery in 2024 with the number of trips gradually moving towards pre-pandemic levels, although domestic travel remains the largest area. Many consumers continue to visit their summer cottages, friends and relatives rather than ... Read More
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The Philippines Travel
Travel in the Philippines Inbound arrivals to the Philippines are stabilising in 2024, as travel conditions normalise after the disruptions created by the pandemic and the following rebound in global mobility. That said, despite surpassing government targets in 2023, a full recovery to pre-pandemic ... Read More
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Belgium Travel
Travel in Belgium Travel continues to perform very well in Belgium in 2024. Indeed, the market is set to see a new record in sales for outbound departures during the year. The main reason for this is the changes made to school holidays in the French-speaking part of Belgium, which is still having a ... Read More
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The Philippines Lodging (Destination)
Lodging (Destination) in the Philippines The Philippines' hotel industry (lodging (destination)) is experiencing a rebound as the economy recovers, resulting in healthy double-digit growth in 2024. This is marked by increased domestic spending on staycations and travel, and the return of internation ... Read More
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Portugal Lodging (Destination)
Lodging (Destination) in Portugal The year 2023 marked a record high for Portugal's lodging industry, and all indicators suggest that 2024 will surpass this performance, with increases expected in the number of hotel establishments, room nights, and average daily rates. This continued growth undersc ... Read More
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Ecuador Travel
Travel in Ecuador Travel in Ecuador continues to recover from the harsh impact of the pandemic although inbound arrivals remain below 2019 levels. The Ecuadorian travel industry faces significant challenges from the high level of insecurity in the country. At the start of 2024, the country experienc ... Read More
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Denmark Lodging (Destination)
Lodging (Destination) in Denmark Compared to many other markets, lodging in Denmark in 2024 is showing remarkable recovery from the impact of COVID-19, having done well in navigating related hardships including inflation and labour shortages. Growth in terms of total lodging value and hotel overnigh ... Read More
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Taiwan Lodging (Destination)
Lodging (Destination) in Taiwan In 2024, Taiwan's lodging sector is poised to make a full recovery, with the number of hotel room nights anticipated to surpass pre-pandemic levels. However, inflationary pressures could impact performance, as rising prices may prompt consumers to compare domestic rat ... Read More
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Greece Lodging (Destination)
Lodging (Destination) in Greece In 2024, in terms of lodging, city hotels in Greece continue to outperform their seasonal counterparts, driven by the resurgence of city breaks and the recovery of Business and MICE (Meetings, Incentives, Conferences, and Exhibitions) travel following the pandemic. Wh ... Read More
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Canada Lodging (Destination)
Lodging (Destination) in Canada Despite inflation showing signs of stabilisation in Canada in February and March 2024, the operational costs of hotels remain high. A key factor is labour costs with hotels having to offer higher wages and improved benefits to attract and retain staff with Canada havi ... Read More
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Peru Travel
Travel in Peru Travel in Peru has continued its significant growth in 2024. While the arrival of foreign tourists has increased markedly compared to the previous year, pre-pandemic levels have not yet been fully restored. This growth in foreign visitors can be attributed to the resolution of issues ... Read More
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Denmark Travel
Travel in Denmark 2024 is proving to be a good year for travel to, from and within Denmark, as post-pandemic recovery continues apace. Inflation is normalising following the outbreak of war in Ukraine and its initial impact on the economy. In 2024, Denmark’s economy is performing well, with the coun ... Read More
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Egypt Travel
Travel in Egypt Egypt witnessed a surge in travel flows over 2023 as the country continued its post-pandemic recovery and international tourists returned. The positive trend continues in 2024 with Egypt on track to receive an impressive 16.2 million tourists aided by a wide range of marketing initia ... Read More
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Greece Travel
Travel in Greece Greece’s tourism industry remains vibrant and dynamic, with increasing flows year on year. However, the rising cost of travel is beginning to impact overall industry performance. Notably, flight costs have surged, especially during the peak season starting in late June, which has ex ... Read More
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The Netherlands Travel
Travel in the Netherlands The Netherlands is enjoying another strong year of travel flows in terms of inbound arrivals and outbound departures, fuelled by rising disposable income and economic growth that was better than expected in both the Netherlands and source countries. Most tourists have fully ... Read More
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New Zealand Travel
Travel in New Zealand Rising travel costs and inflation-induced cost of living pressures fail to dampen the demand for New Zealanders wanting to travel overseas, with outbound travel numbers reaching record levels towards the end of the review period. According to Statistics New Zealand, 328,100 New ... Read More
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Kenya Travel
Travel in Kenya Travel in Kenya is witnessing robust growth driven by both domestic and international tourism. Domestic travel is being fuelled by infrastructure upgrades and a growing middle class that is increasingly interested in exploring local attractions. Domestic tourism has been particularly ... Read More
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New Zealand Lodging (Destination)
Lodging (Destination) in New Zealand The ongoing recovery in lodging sales across New Zealand in 2024 has been bolstered by the return of Chinese tourists and increased air connectivity with the United States. New airlines have launched services to New Zealand, while existing US carriers have expand ... Read More
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Kenya Lodging (Destination)
Lodging (Destination) in Kenya The mid-market hotel segment is seeing substantial growth in Kenya, driven by its affordability for domestic travellers amid high levels of inflation. Given the current economic situation, many Kenyans are opting for more budget-friendly accommodation, and this is fuel ... Read More
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Ecuador Lodging (Destination)
Lodging (Destination) in Ecuador In 2024, there has been a significant decrease in hotel occupancy rates in Ecuador, reflecting the deep crisis in the lodging (destination) sector in Ecuador. Hotels have suffered from the rising levels of insecurity in the country, which has deterred tourists from v ... Read More
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The Netherlands Lodging (Destination)
Lodging (Destination) in the Netherlands Hotel lodging destinations are being boosted by inbound travel to the Netherlands, especially the high volumes from neighbouring countries which fully recovered to pre-pandemic levels in 2023. The return of North Americans has supported overall growth of hote ... Read More
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Australia Lodging (Destination)
Lodging (Destination) in Australia Retail value sales of lodging in Australia continue to increase in 2024, albeit at a slower rate following three consecutive years of double-digit growth, resulting in a full recovery to pre-pandemic levels in 2023. This is being driven by international tourists, a ... Read More
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Malaysia Lodging (Destination)
Lodging (Destination) in Malaysia Lodging (destination) is set to see strong current value growth in Malaysia in 2024. The hotel industry is experiencing a welcome rebound, fuelled by pent-up travel demand and reopened borders. However, it faces a number of challenges as it looks to adapt to a rapid ... Read More
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Thailand Lodging (Destination)
Lodging (Destination) in Thailand Lodging in Thailand continues to gain momentum post-pandemic, with occupancy rates fully recovering and a consistent increase in average daily room rates driven by rising demand from the revival of tourism. The overall occupancy rate has rebounded to pre-pandemic le ... Read More
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