Category: Hotels & Lodging
Hotels & Lodging market research reports by Euromonitor International
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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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Chile Lodging (Destination)
Lodging (Destination) in Chile Following a significant downturn due to the impact of COVID-19, hotels in Chile experienced a remarkable recovery in 2023. The category ended 2022 with considerable improvements, approaching pre-pandemic levels in terms of value sales, and this positive momentum contin ... Read More
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Italy Lodging (Destination)
Lodging (Destination) in Italy Lodging in Italy is set to perform very well in 2024, with a continued growth trend in terms of current value sales for all types of lodging. Also, the number of hotels is expected to continue to grow, together with the number of rooms and occupancy rates. The ADR has ... Read More
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Saudi Arabia Lodging (Destination)
Lodging (Destination) in Saudi Arabia Lodging in Saudi Arabia continues to see positive development and growth in 2024. Hotel occupancy rates and room availability are increasing as a result of a strong pipeline of new hotels. In terms of hotel room construction, Saudi Arabia leads the Middle East a ... Read More
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Spain Lodging (Destination)
Lodging (Destination) in Spain Lodging (destination) in Spain is benefitting from demand created by the resurgence of travel overall in 2024. Whilst levels of growth in travel have slowed down since the immediate post-pandemic rebound, Spanish hotels continue to see demand from both local and intern ... Read More
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Brazil Lodging (Destination)
Lodging (Destination) in Brazil The lodging landscape in Brazil in 2024 is marked by recovery, with improvements seen in several key cities, including major capitals such as São Paulo, Rio de Janeiro, Brasília, Curitiba, Belo Horizonte, Salvador, Porto Alegre, Recife, Fortaleza, and Manaus. The numb ... Read More
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Vietnam Travel
Travel in Vietnam In 2024, Vietnam has implemented measures to promote domestic tourism, and to attract international tourists. Examples include the expansion of visa exemption, a successful tourism promotion programme, the launch of new tourist products related to culture and heritage, sports event ... Read More
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Argentina Travel
Travel in Argentina Tourism in Argentina can vary greatly from year to year based on the value of the peso against the dollar. When the exchange rate is very low, Argentina becomes a very affordable destination for international tourism, a situation primarily taken advantage of by those from neighbo ... Read More
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Brazil Travel
Travel in Brazil Travel in Brazil in 2024 has been marked by growth and the resilience of the industry, reflecting the country’s more positive economic outlook compared with previous years. The unemployment rate is decreasing, inflation is more controlled, and the estimated GDP growth in 2024 is pos ... Read More
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Thailand Travel
Travel in Thailand Over the first half of 2024, Thailand's inbound arrivals had yet to reach pre-pandemic levels, primarily due to the slow recovery of Chinese tourism, which traditionally is a strong source market. Visitors from China remain significantly below 2019 levels, and are not expected to ... Read More
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Colombia Travel
Travel in Colombia Colombia is an established player in the global travel industry, having become a premier tourist destination. In 2023, it achieved the sixth position worldwide for international tourist arrivals, being the second most visited country in Latin America, after South America. Followin ... Read More
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