Category: Online Travel
Online Travel market research reports by Euromonitor International
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Booking in the US
Booking in the US Business travel bookings have been on the rebound, although the space looks different post-pandemic. Small group travel and 1:1 meetings in particular are on the rise, due in part to the cultural shift associated with distributed team and hybrid work opportunities. With so many emp ... Read More
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Booking in New Zealand
Booking in New Zealand The robust rebound in bookings that began in 2022 has persisted into 2023, propelled by pent-up travel demand and increasing prices that have contributed to value sales growth. Despite air capacity constraints and labour shortages, available inventory has not fully returned to ... Read More
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Booking in Malaysia
Booking in Malaysia Tourism Malaysia is looking for new ways to expand its reach and entice more travellers to book a holiday in the country. For example, Tourism Malaysia collaborated with Indonesian travel platform Traveloka on a smart partnership campaign to promote the country as a holiday desti ... Read More
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Booking in Vietnam
Booking in Vietnam Travel intermediaries are embracing the health and wellbeing trends by introducing a range of new products specifically designed for mental and physical rejuvenation. In 2023, there has been a noticeable rise in the number of Vietnamese individuals prioritising their health, activ ... Read More
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Booking in Finland
Booking in Finland COVID-19 dealt a serious blow to booking in Finland. At the height of the pandemic, outbound travel was minimal, compared to normal levels, although domestic travel became more appealing. However, increased domestic travel did not compensate for the slumps in outbound departures o ... Read More
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Booking in Spain
Booking in Spain Travel intermediaries, especially traditional intermediaries, suffered during the pandemic. In 2023, however, consumers continue to see a degree of complexity in travel following the two years of pandemic travel restrictions, such as specific requirements to visit a certain country, ... Read More
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Booking in Japan
Booking in Japan COVID-19 has changed various elements in businesses, from the implementation of working from home, to the normalisation of online meetings, and paperless applications and approvals. With such momentum, this has also triggered an acceleration of the shift towards online booking of bu ... Read More
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Booking in Ecuador
Booking in Ecuador As the pandemic's grip wanes, tourists, including a significant number of elderly travellers, have rekindled their passion for exploration, both domestically and internationally. The elderly, once deemed vulnerable during the pandemic, now venture forth with renewed confidence to ... Read More
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Booking in Israel
Booking in Israel Booking is set to see a full recovery to pre-pandemic sales levels in current value terms in 2023. However, a major factor driving value growth in both leisure and business bookings has been inflation driven price increases. Euromonitor International's Booking in Israel report offe ... Read More
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Booking in Argentina
Booking in Argentina In booking overall, Despegar.com maintains a clear lead in 2023, with its closest competitor, Almundo, a distant second. Despegar.com is also showing the fastest growth amongst the top five players in booking. A notable change in the financial world is making its way into the tr ... Read More
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Booking in China
Booking in China Booking in China has seen a rapid shift from offline to online sales, as the country has one of the highest internet penetration rates in the world, and local consumers are accustomed to booking travel online. However, 2023 is set to see a temporary reversal of this trend, as interm ... Read More
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Booking in Greece
Booking in Greece Given the strong increase in tourism flows, lodging, travel modes and foodservice had almost fully recovered to pre-pandemic levels by 2022, although this was not the case for intermediaries. Even though value sales in intermediaries posted a strong increase in 2022, and growth con ... Read More
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Booking in Kenya
Booking in Kenya The war in Ukraine has had a detrimental impact on the travel industry in Kenya, including the booking sector. The conflict has resulted in an overall increase in travel costs, making it more expensive for individuals to explore various destinations within the country. The surge in ... Read More
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Booking in Canada
Booking in Canada With the continuous increase in inflation and uncertainty around the timeframe for economic recovery, travellers are paying close attention to how much they are spending on their holidays. Travellers are keeping a close eye on special airline deals, promotional hotel programmes as ... Read More
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Booking in the Philippines
Booking in the Philippines 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 notab ... Read More
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Booking in Colombia
Booking in Colombia The year 2023 proved to be challenging for intermediaries within the travel industry, largely due to the bankruptcy of Viva Air and Ultra Air at the onset of the year. These events imposed significant economic and financial difficulties on travel agencies. By the close of Februar ... Read More
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Booking in Brazil
Booking in Brazil Flexible packages (travel packages with flexible dates), which were a solution to provide relief for players during the pandemic, have lost strength as they have turned out to be a “bargain that turned expensive” for both players and customers. In addition, some consumers did not h ... Read More
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Booking in France
Booking in France Booking sales have seen a strong recovery over 2022-2023. Industry players have benefited from the rearrangement of postponed travel bookings, with many consumers having postponed travelling abroad during the pandemic. After two years of restrictions there was significant pent up d ... Read More
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Booking in Indonesia
Booking in Indonesia Online bookings are showing a significant growth trend in 2023. The repeal of PPKM at the end of 2022 has had a very positive impact on this category. Various promos offered by OTA, especially special price promotions for orders on certain dates, are proving very effective in at ... 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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Travel in the Metaverse
Travel in the Metaverse The metaverse is the next iteration of the internet, promising to be as disruptive to travel brands and destinations as online booking and the mobile web. Already brands are testing the waters, offering fun, immersive travel experiences and launching brand campaigns in the me ... Read More
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Booking in Turkey
Booking in Turkey Retail constant value sales (2022 prices) of booking continued to recover during 2022, exceeding their 2019 peak, in spite of disruption arising from the war in Ukraine. During 2022, 45% of all leisure travel booking retail value sales were for air travel, with another 22% for surf ... Read More
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European Rail: An Emerging Model For Sustainable Travel and Commerce
European Rail: An Emerging Model For Sustainable Travel and Commerce Rail is in the spotlight, attracting investment in the wake of pandemic-driven disruption in air travel and accelerating support for sustainable development across Europe. Meanwhile, travel companies, retailers, and foodservice ope ... Read More
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Travel: Quarterly Statement Q2 2022
Travel: Quarterly Statement Q2 2022 The Travel Quarterly Statement for Q2 2022 shows a mixed picture for global travel and tourism. On the one hand, there is immense consumer demand as more travel restrictions ease, so much so that supply cannot match it due to challenges such as labour shortages. R ... Read More
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Evolution of Physical Space in Hospitality
Evolution of Physical Space in Hospitality Physical spaces are evolving amid the impact of the global pandemic on consumer lifestyles, business models and workplace alongside the influence of digital transformation. They embrace flexibility and functionality to enhance consumer experience and mitiga ... Read More
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