Category: Travel & Leisure
Travel & Leisure market research reports by Euromonitor International
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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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Airlines in Spain
Airlines in Spain In February 2023, Globalia Group and International Airlines Group (IAG) reached an agreement for the sale of the entire airline company Air Europa. This closes a long process which began with the pre-agreement adopted in November 2019, later modified in January 2021, and terminated ... Read More
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Tourism Flows in Thailand
Tourism Flows in Thailand The volume of inbound arrivals increased for the second consecutive year in 2023, following the lifting of all remaining COVID-19 related entry restrictions in October 2022. The return of tourists from other countries in Asia-Pacific, notably China, was a key contributor to ... 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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Lodging (Destination) in Thailand
Lodging (Destination) in Thailand Lodging in Thailand continued to bounce back in 2023, with the number of room nights in hotels exceeding pre-pandemic levels. This buoyancy of demand allowed certain hotels to raise their room prices, as they were confident about attracting more international travel ... Read More
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Tourism Flows in Hong Kong, China
Tourism Flows in Hong Kong, China The full resumption of quarantine-free travel is the major driver of the expected exceptional spike in inbound arrivals to Hong Kong in 2023. Inbound arrivals are expected to recover to more than 60% of the 2019 level in 2023, with full recovery expected in 2026. Ho ... 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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Lodging (Destination) in Japan
Lodging (Destination) in Japan During COVID-19, lodging in Japan suffered greatly due to various travel restrictions, leading many outlets to close temporarily, or even some to close altogether. However, in 2023, when travel restrictions were lifted completely early in the year, lodging in Japan has ... Read More
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Tourism Flows in Ecuador
Tourism Flows in Ecuador During the review period, domestic tourism experienced remarkable growth, achieving unprecedented historical figures. Several key factors contributed to this phenomenon. Firstly, after enduring approximately two years of confinement, numerous tourists sought an escape from s ... 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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Lodging (Destination) in Ecuador
Lodging (Destination) in Ecuador During the pandemic, international tourism faced significant limitations, prompting lodging establishments to recalibrate their approaches to attract domestic tourists by substantially lowering average rates. However, as the review period unfolded, international tour ... 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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Travel in Thailand
Travel in Thailand As of 1 October 2022, Thailand fully lifted all pandemic-related border requirements. To enter the country, international travellers no longer needed to show proof of vaccination, or a negative COVID-19 test. This resulted in a strong recovery for the travel industry, with the num ... Read More
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Travel in Ecuador
Travel in Ecuador Travel in Ecuador is experiencing a remarkable resurgence, marked by a surge in domestic tourism. Several factors have fuelled this growth, including the desire for stress relief after extended periods of confinement during the pandemic. The affordability of domestic travel, charac ... Read More
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Travel in Finland
Travel in Finland After the exceptionally weak performances of 2020-2021, excluding certain categories connected with domestic tourism, travel has been recovering and moving towards 2019 pre-Coronavirus (COVID-19) pandemic levels. Faster inbound and outbound tourism flows have led to improved key pe ... Read More
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Travel in Belgium
Travel in Belgium It is estimated that travel in 2023 will not reach the volume and value levels it would have without the COVID-19 disruption. Moreover, the inbound tourism flow is expected to remain lower in 2023, compared with the 2019 pre-Coronavirus (COVID-19) level. This performance is mainly ... Read More
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Travel in Japan
Travel in Japan Japan finally eased its various regulations around COVID-19 in 2023. This has had a significant impact on the travel industry in 2023, not only in terms of deregulation, but also in terms of changes in consumers’ perception of and behaviour towards travel, which has been a major driv ... Read More
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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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Airlines in the US
Airlines in the US Following a steep decline in 2020, and a slow 2021, airlines in the US truly began their recovery in 2022. This year saw consumers return to international travel in a meaningful way, as well return to many tier-one domestic city destinations. However, even with strong passenger gr ... Read More
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Airlines in Italy
Airlines in Italy Airlines is seeing strong growth in 2023 both in terms of the number of passengers but also in terms of value sales. New routes, more connections and a stronger presence in Italy is all fuelling the dynamic growth being recorded by airlines, with passenger numbers expected to see a ... Read More
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Tourism Flows in Italy
Tourism Flows in Italy Tourism flows in Italy have performed very well in 2023 with figures expected to come close to pre-pandemic levels in terms of number of trips. The Easter weekend contributed to the recovery of tourism in Italy, with domestic and foreign tourists flocking to the coast, to citi ... Read More
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Tourism Flows in Malaysia
Tourism Flows in Malaysia After surpassing the initial target for tourist arrivals in 2022, Malaysia is projected to continue on the path to recovery in 2023, albeit the number of inbound arrivals is expected to remain well below pre-pandemic levels, in terms of number of trips. Malaysia continues t ... 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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