Category: Travel & Leisure
Travel & Leisure market research reports by Euromonitor International
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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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Chile Tourism Flows
Tourism Flows in Chile Argentina and Chile, neighbouring countries sharing a 5,308 km border, experience a high flow of tourists crossing between them, influenced by the strength of their respective currencies against the dollar. When the exchange rate is low, Argentina becomes a very affordable des ... Read More
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South Korea Tourism Flows
Tourism Flows in South Korea The number of outbound departures from South Korea is set to continue to rise in 2024, moving closer to the pre-pandemic level. One factor driving growth is that the travel payments landscape for South Korean outbound travellers has witnessed rapid growth, fuelled by fie ... 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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Vietnam Tourism Flows
Tourism Flows in Vietnam In 2024, Vietnam is set to experience a significant rise in inbound arrivals. In addition to continued recovery after the pandemic, this can be attributed to the government’s implementation of policies aimed at attracting more foreign tourists. These policies include favoura ... Read More
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Brazil Tourism Flows
Tourism Flows in Brazil Travel in Brazil in 2023 was marked by robust growth and resilience, reflecting the country’s positive economic outlook compared with previous years, and the complete end of the COVID-19 pandemic. The unemployment rate was declining, inflation slowed down, and GDP grew. On th ... 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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Hong Kong, China Tourism Flows
Tourism Flows in Hong Kong, China In 2024, travel in Hong Kong is set to maintain its upward trajectory throughout the year, with inbound arrivals continuing to recover, driven by primary source market, mainland China. The reliance on Chinese tourists is intensifying, marking a significant shift fro ... Read More
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Indonesia Lodging (Destination)
Lodging (Destination) in Indonesia Lodging (destination) maintains a positive performance in Indonesia in 2024, with healthy hotel occupancy rates. That said, the sector continues its ongoing recovery in line with travel and tourism stabilisation in general, following the disruptors of the pandemic ... Read More
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The US Travel
Travel in the US Continued strong consumer demand for travel in the US in 2024 is allowing the industry to fight back against difficult economic conditions, but travel companies have had to adjust to shifting consumer expectations. The experience of US consumers in relation to their travel desires h ... Read More
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Mexico Travel
Travel in Mexico By the end of 2023, Mexico led Latin America in tourism's contribution to national GDP, accounting for 28.5% of the total, according to the World Travel and Tourism Council. This positioned Mexico as a leading tourist power and highlighted its significant potential. In 2024, tourism ... Read More
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Italy Travel
Travel in Italy Travel is set to perform very well in Italy in 2024, with increasing trends for inbound and domestic tourism, and also a positive performance for outbound travel. Italians, as well as people abroad, are willing to travel, and indeed consider it a priority; consequently, most destinat ... Read More
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France Travel
Travel in France 2024 has been an excellent year for travel in France with strong growth in inbound arrivals, and domestic and outbound flows. This has been supported by major events such as the 80th Anniversary of the Normandy landings in June and the Paris Olympics in July. Physical spectators in ... Read More
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South Korea Booking
Booking in South Korea Online travel agencies (OTAs) is evolving in South Korea, as major platform companies such as Naver and Kakao enter the space. OTAs are expanding their services, offering not only travel reservations, but also accommodation and check-out services online. As a result, sales are ... Read More
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Chile Booking
Booking in Chile Since the pandemic, there has been a notable shift in how travellers book international trips. Increasingly, they are turning to intermediaries, particularly travel agencies, due to the challenges they faced during the pandemic. This period saw many flights and hotel reservations ca ... Read More
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Hong Kong, China Booking
Booking in Hong Kong, China In the dynamic landscape of Hong Kong's booking sector, the convergence of tech-savvy consumers and a high fixed-cost business environment has catalysed a significant shift towards online booking platforms. This transformation, accentuated by the seismic disruptions cause ... Read More
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The United Arab Emirates Travel
Travel in the United Arab Emirates The travel industry in the United Arab Emirates is experiencing robust growth in 2024, driven by a resurgence in global travel demand, particularly in the Meetings, Incentives, Conferences, and Exhibitions (MICE) sector. The United Arab Emirates, especially Dubai a ... Read More
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Saudi Arabia Travel
Travel in Saudi Arabia Amidst Vision 2030's ambitious goals to elevate tourism to a core economic sector, travel in Saudi Arabia is projected to see strong development and growth across categories in 2024. Strategic infrastructure investments, including the launch of Riyadh Air, and the expansion of ... Read More
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Japan Travel
Travel in Japan In 2024, travel-related services are flourishing, and inbound arrivals to Japan are expected to completely recover to the 2019 level,. Supporting growth, shopping convenience has improved, cashless payments have been introduced, and preparations for a continued increase in tourism ar ... Read More
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Australia Travel
Travel in Australia In 2024, travel in Australia continues to experience a strong recovery in inbound arrival numbers, particularly for leisure purposes. The growth in domestic trips slowed in 2023, with this trend continuing in 2024, as travel restrictions lifted and Australians showed a strong int ... Read More
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