Category: Hotels & Lodging
Hotels & Lodging market research reports by Euromonitor International
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Travel in China
Travel in China Travel sales in China are set to strongly rebound in 2023, following the lifting of COVID-19 restrictions in the country and the reopening of the border to inbound arrivals. In terms of domestic tourism, volume is predicted to recover faster than expenditure, which will be driven mos ... Read More
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Lodging (Destination) in Kenya
Lodging (Destination) in Kenya Hoteliers are optimistic about 2023 as they anticipate a notable surge in demand for hotel accommodations. The COVID-19 pandemic prompted a shift in travellers’ preferences, leading them to reconsider their travel choices and explore new destinations, particularly thos ... Read More
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Travel in Malaysia
Travel in Malaysia Travel in Malaysia continues on a strong path to recovery boosted by the end of the pandemic and a strong desire to travel again. There has been a significant increase in international travel thanks to the lifting of restrictions and COVID-19 related entry requirements. Nonetheles ... Read More
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Travel in Spain
Travel in Spain Travel in Spain is seeing a return to pre-pandemic levels in Spain in 2023, with good weather over the Easter and May bank holidays boosting domestic tourism. Summer is also proving to be incredibly positive for inbound travel, as Spain has become a trending destination. This is the ... Read More
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Lodging (Destination) in Israel
Lodging (Destination) in Israel During 2023, the local government has been trying to make significant changes to the judiciary system in Israel which would limit. Under the government’s so-called “reasonableness” bill, which was passed into law in July 2023, the Supreme Court will no longer have the ... Read More
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Travel in New Zealand
Travel in New Zealand In March 2023, New Zealand garnered a spot among a select group of countries granted Approved Destination Status (ADS) by China's Ministry of Culture and Tourism. This development marked the country's phased reopening of its borders. In the pre-pandemic era, China held the dist ... Read More
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Travel in Chile
Travel in Chile The travel industry is undergoing significant changes influenced by various factors and the aftermath of the pandemic. Airlines, hotels, travel agents, and the tourism industry in Chile have all experienced shifts in trends and customer preferences. Airlines face challenges such as c ... Read More
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Lodging (Destination) in Brazil
Lodging (Destination) in Brazil After two challenging years due to the pandemic and uncertainties in the industry in early 2022 following the emergence of a new variant of COVID-19, the hotel sector in Brazil is experiencing a positive outlook, especially from the second half of 2022. 2023 is witnes ... Read More
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Travel in France
Travel in France France’s travel industry is on the path to recovery in 2023 having already seen strong growth in inbound arrivals in 2022. Admittedly, the context is not ideal with Russia’s war in Ukraine, soaring inflation, and more cautious consumption habits remaining a significant obstacle to s ... Read More
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Lodging (Destination) in Colombia
Lodging (Destination) in Colombia Hostels, especially those in more remote areas of the country, are embracing current tourism trends by catering to the evolving preferences of backpackers. Beyond just accommodation, hostels are incorporating experiences that immerse travellers in local culture. The ... Read More
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Lodging (Destination) in the Philippines
Lodging (Destination) in the Philippines Hotels in the Philippines continued to bounce back in 2023, with the number of room nights being close to pre-pandemic levels. The sector suffered during the pandemic, due to mobility restrictions, with resulted in some hotels closing for business on a tempor ... Read More
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Travel in Colombia
Travel in Colombia The year 2023 presented significant challenges for the Colombian tourism industry, driven by a combination of factors including the national economic slowdown, the removal of tax benefits such as VAT exemptions for tourism, the devaluation of the Colombian peso against the dollar, ... Read More
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Travel in Brazil
Travel in Brazil Following years of pandemic-related restrictions and industry uncertainties, 2023 marks the definitive resurgence of travel and tourism in Brazil. The World Health Organization has officially declared the end of the Public Health Emergency of International Concern related to COVID-1 ... Read More
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Lodging (Destination) in France
Lodging (Destination) in France Lodging fared better in 2022 than had been expected and continues to perform well in 2023. 2020 and 2021 were a disaster for the hotel industry, with occupancy rates of 38% and 48% respectively, according to INSEE – French official statistics. The improvement started ... Read More
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Lodging (Destination) in Indonesia
Lodging (Destination) in Indonesia In 2023, the hotel occupancy rate has again shown an increase, although it has not yet recovered to the figure seen in 2019, immediately before the outbreak of COVID-19. However, several cities in Central Java, such as Solo City, have recorded occupancy rates at se ... Read More
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Travel in Indonesia
Travel in Indonesia The Indonesian travel industry is showing significant expansion in 2023. The main reason behind this growth is the revocation of the PPKM (Community Activities Restrictions Enforcement) policy at the end of 2022, which has resulted in much greater mobility across all travel modes ... Read More
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World Market for In-Destination Spending
World Market for In-Destination Spending In-destination spending is benefiting from the recovery of tourism, with pent-up demand and revenge travel driving trips abroad and powering visitor spending. Shopping is receiving a boost from the return of Chinese travellers after the removal of the country ... Read More
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Competitor Strategies in Travel
Competitor Strategies in Travel The travel industry is enjoying a robust recovery from the pandemic, but major issues, such as inflation, have begun to threaten that recovery. To address these issues, travel companies have remodelled loyalty programmes and are promoting budget-friendly brands to ent ... Read More
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InterContinental Hotels Group in Travel (World)
InterContinental Hotels Group in Travel (World) InterContinental Hotels Group is focused on mid-market hotels, currently with a majority of its rooms located in the US. This stood IHG well during the pandemic as the sector along with the US market proved more resilient. The group sees adding more br ... Read More
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Top 100 City Destinations Index 2022
Top 100 City Destinations Index 2022 Euromonitor International’s Top 100 City Destinations Index 2022 uncovers the leading city players, which have improved their economic and business activity, support thriving tourism infrastructure and performance, and show great potential for investment and oper ... Read More
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Lodging in Western Europe
Lodging in Western Europe Lodging was continuing its gradual recovery in Western Europe in 2022. While value growth was dynamic in this year, as in 2021, sales are still some way short of their pre-pandemic levels, given the size of the losses seen in 2020 due to the various COVID-19 restrictions in ... Read More
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Bleisure and the Future of Work and Travel
Bleisure and the Future of Work and Travel The ability to add leisure to a work trip - bleisure - has traditionally been an important growth opportunity in hospitality. The pandemic, however, has transformed bleisure dramatically. While business trips in the classic sense are still below pre-pandemi ... Read More
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Travel in Taiwan
Travel in Taiwan Having been battered in 2020 and 2021 by COVID-19 restrictions, demand for both inbound and outbound travel began to revive in 2022 but remained well below its pre-pandemic level. In contrast to many other countries, Taiwan retained tight restrictions on inbound arrivals for much of ... Read More
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Travel in Turkey
Travel in Turkey Inbound arrivals (number of trips) more than doubled in 2022 but remained well below their 2019 peak. The declining foreign-exchange value of the Turkish lira has served to make Turkey a more affordable destination for visitors from the Eurozone and the UK. This consideration is par ... Read More
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Lodging (Destination) in Turkey
Lodging (Destination) in Turkey The number of room nights continued to recover during 2022, coming close to its pre-pandemic level. With the number of sites/outlets remaining well below its pre-pandemic level, occupancy rates rose significantly, from 37% in 2021 to 52% in 2022. However, this was sti ... Read More
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