Category: Travel & Leisure
Travel & Leisure market research reports by Euromonitor International
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Lodging (Destination) in the Netherlands
Lodging (Destination) in the Netherlands The rebound in the number of outlets alongside improving inbound tourism flows are expected to boost lodging’s performance over 2023. There is set to be a further increase in the number of outlets across lodging over 2023, supported by newly-built hotels, esp ... Read More
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Booking in South Korea
Booking in South Korea Two key players in South Korea's online travel agencies are Yeogi Eottae and Yanolja, which both began as OTAs focused on lodging in the country. However, they are continuously expanding their businesses beyond this sector to include different travel modes and international bo ... Read More
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Lodging (Destination) in Peru
Lodging (Destination) in Peru The lodging sector saw significant growth in 2022 and continued to grow in 2023, but to a lesser degree. However, its sales remained well below the levels registered prior to the pandemic, with growth rates being lower than the increase in flow of tourists. This is beca ... Read More
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Booking in Mexico
Booking in Mexico Booking has experienced remarkable current value growth, particularly fuelled by leisure travel, which is set to continue in 2023. Leisure travel encompasses holidays and recreational trips undertaken by individuals seeking relaxation, exploration, and enjoyment. The significance o ... Read More
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Booking in the Netherlands
Booking in the Netherlands Current value sales of leisure packages are projected to see dynamic growth in 2023, following an exponential increment over 2022. As a result, leisure packages current value sales are expected to return very close to the 2019 pre-Coronavirus (COVID-19) level at the end of ... Read More
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Lodging (Destination) in the United Arab Emirates
Lodging (Destination) in the United Arab Emirates Dubai has shone as a regional leader in hotels in 2023, captivating travellers with its luxurious offerings, exceptional services, and diverse experiences. Boasting world-class amenities and catering to various preferences, from luxury seekers to cul ... Read More
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Lodging (Destination) in Portugal
Lodging (Destination) in Portugal Boosted by inflation, inbound tourism recovery, a strong domestic market and the rise of average daily rates, lodging saw value sales surpass pre-pandemic levels in 2022, with the positive trend maintained in 2023 with both value sales and bed nights reaching peaks ... Read More
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Travel in the Netherlands
Travel in the Netherlands In 2023, the number of leisure outbound trips is projected to exceed the 2019 pre-Coronavirus (COVID-19) level. Fuelled by still high pent-up demand, there have been high numbers of bookings for May and summer holidays, with land, rail and air travel prominent. Travel and t ... Read More
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Lodging (Destination) in Mexico
Lodging (Destination) in Mexico Lodging surpassed the 2019 level of current value sales in 2022. Nevertheless, in 2023 double-digit growth is still expected, with luxury and upscale hotels, and short-term rentals being the categories leading its expansion. To mitigate the impact of inflation, many b ... Read More
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Booking in the United Arab Emirates
Booking in the United Arab Emirates The landscape of hotel bookings is undergoing a transformative shift, with direct bookings increasingly challenging the role of intermediaries and encouraging customers to choose a more personalised approach, particularly business travellers. This trend is exempli ... Read More
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Tourism Flows in the United Arab Emirates
Tourism Flows in the United Arab Emirates Despite challenges such as inflation and rising oil prices, Dubai's travel industry is experiencing an increase in demand. By the first half of 2023, the number of guests in Dubai had surpassed pre-pandemic international visitation levels, with 20% year-on-y ... Read More
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Booking in Portugal
Booking in Portugal Although the cost of living is on an upward trend, with high levels of inflation and rising interest rates, local people continue to favour travel in 2023, taking advantage of savings amassed during the pandemic making travel affordable. While some customers prefer closer destina ... Read More
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Travel in the United Arab Emirates
Travel in the United Arab Emirates In 2023, the United Arab Emirates has firmly established itself as a global travel hub, earning high rankings in international tourism competitiveness indexes. The remarkable growth of Emirati hotels has not only attracted millions of visitors, but also extended th ... Read More
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Travel in South Korea
Travel in South Korea In 2022, the gradual removal of pandemic-related restrictions in South Korea led to a significant surge in outbound travel demand. This trend continues in 2023. Outbound travellers in both 2022 and 2023 have also been spending considerable sums of money, evidence of pent-up dem ... Read More
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Travel in Taiwan
Travel in Taiwan The travel industry in Taiwan continued on its road to recovery in 2023, with the volume of inbound arrivals having recorded high triple-digit growth over the previous year. Following the lifting of all COVID-19-related entry restrictions in October 2022, the number of international ... Read More
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Travel in Italy
Travel in Italy Travel in Italy is performing very well in 2023, with increasing travel flows both inbound and domestic. Domestic trips are seeing a particularly fast recovery with consumers looking to take holidays in closer proximity to their home with the possibility of travel by car. Italians ar ... Read More
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Lodging (Destination) in Vietnam
Lodging (Destination) in Vietnam Following the event of the COVID-19 pandemic, there has been a noticeable increase in the number of Vietnamese people who are prioritising their health, actively seeking ways to reduce stress, and taking care of their mental wellbeing. Recognising this emerging trend ... Read More
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Booking in Denmark
Booking in Denmark As travel suffered due to COVID-19 in 2020-2021, retail value in bookings also saw a clear decrease. With restrictions starting to lift in 2022, travel began to increase, with retail value in 2022 around the 2018-2019 level, with pent-up demand aiding sales. However, travel outsid ... Read More
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Airlines in Denmark
Airlines in Denmark Due to COVID-19-related travel restrictions, as well as many consumers not willing to travel as much as before, airlines suffered due to the pandemic in 2020-2021, with the number of passengers and value sales in both years drastically reduced. Euromonitor International's Airline ... Read More
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Lodging (Destination) in Spain
Lodging (Destination) in Spain 2023 marks the return of inbound travellers to Spain, thus boosting hotel occupancy rates. Indeed, Spain is seeing a return to pre-pandemic levels of tourism, with good weather over the Easter and May bank holidays also benefitting domestic tourism. Summer is also prov ... Read More
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Booking in Italy
Booking in Italy Travel intermediaries and direct suppliers are both seeing strong growth in current value terms in 2023, with strong sales seen through online and offline and in business and leisure. As a result, booking sales are set to see a full return to pre-pandemic levels in 2023, in current ... Read More
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Tourism Flows in Kenya
Tourism Flows in Kenya In 2023, Kenya's tourism industry is poised to experience a resurgence with the reopening of China to international travel. This presents a promising opportunity for growth, as Chinese visitors have the potential to significantly contribute to the sector's recovery following t ... Read More
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Booking in Chile
Booking in Chile In the current context, there are significant changes in the profile of tourists, with two dimensions standing out in their interaction with travel agents. Consumers have shown a preference for making their purchases through intermediaries such as travel agents, primarily due to the ... Read More
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Airlines in Belgium
Airlines in Belgium The number of passengers passing through Belgian airports is expected to continue to rise in 2023, with some categories, such as low cost carriers, exceeding the 2019 pre-COVID-19 pandemic level. Ryanair, the major low cost carrier is set to transport almost as many passengers in ... Read More
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Lodging (Destination) in Belgium
Lodging (Destination) in Belgium Lodging (destination) continues to recover well from the COVID-19 slump in Belgium. By the end of 2023, all types of lodging are expected to exceed their 2019 pre-pandemic retail current value sales. In addition, the number of room nights in hotels is set to exceed t ... Read More
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