Category: Travel & Leisure
Travel & Leisure market research reports by Euromonitor International
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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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Travel in the Philippines
Travel in the Philippines The Filipino travel industry continued to recover in 2023, with the volume of inbound arrivals having recorded triple-digit growth over the previous year. This followed the easing of all remaining international travel restrictions, including COVID-19 test requirements, as o ... 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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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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Tourism Flows in France
Tourism Flows in France After an impressive recovery in 2022 as COVID-19 fears subsided, tourism flows have continued to post strong growth in 2023. There are no longer any restrictions in place while the World Health Organisation declared the COVID-19 pandemic to be over in 2023. As such, inbound a ... 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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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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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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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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Tourism Flows in Brazil
Tourism Flows in Brazil The tourism sector in Brazil is experiencing a more favourable outlook in 2023, after the World Health Organization declared the end of the Public Health Emergency of International Concern related to COVID-19. In June 2023, the National Health Surveillance Agency (Anvisa) ann ... 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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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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Tourism Flows in the Philippines
Tourism Flows in the Philippines Inbound arrivals (in terms of number of trips) continued to recover in 2023, having recorded triple-digit growth over the previous year. This followed the easing of all remaining international travel restrictions, including COVID-19 test requirements, which encourage ... Read More
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Home Audio and Cinema in Taiwan
Home Audio and Cinema in Taiwan Home audio and cinema continued to decline in retail volume and current value terms in 2023, a course that looks set to persist into the forecast period. Products such as hi-fi systems are seen as unnecessary for most Taiwanese, and increasingly outdated. Distribution ... Read More
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Home Audio and Cinema in Argentina
Home Audio and Cinema in Argentina During 2023, demand for home audio and cinema remained on a downtrends trend. Volume sales have been falling in the category for many years, although 2020 was an exception as the strict approach taken to social distancing and home seclusion at the peak of the COVID ... Read More
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Home Audio and Cinema in the Netherlands
Home Audio and Cinema in the Netherlands Home audio and cinema is set to register a decline in volume sales in 2023 as consumers are proving reluctant to spend on big ticket consumer electronics. Furthermore, some categories, such as digital media dock players and hi-fi systems, are becoming irrelev ... Read More
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Home Audio and Cinema in Saudi Arabia
Home Audio and Cinema in Saudi Arabia Home cinema and speaker systems are increasingly incorporating wireless technology, as this allows users to connect their devices without the need for cords and cables, thus making it more convenient, flexible, and user-friendly. Such a move is in conjunction wi ... Read More
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Home Audio and Cinema in the Czech Republic
Home Audio and Cinema in the Czech Republic Already facing long-term decline, home audio and cinema is facing weaker demand for specific audio devices in 2023, as music consumption continues to shift to smartphones and wireless speakers. The shift back to outdoor and out of home entertainment is sup ... Read More
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Home Audio and Cinema in the United Kingdom
Home Audio and Cinema in the United Kingdom Demand for home audio and cinema continues to decline in 2023, with retail volumes remaining below pre-pandemic levels. Home cinema and speaker systems, which greatly benefited from the pandemic and new home-centric lifestyles, is likely to be the only pos ... Read More
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In-Car Entertainment in Nigeria
In-Car Entertainment in Nigeria In-car entertainment is expected to register further volume decline in 2023. There are several factors leading to the decline. Imports of cars is expected fall both for new and second-hard cars, as continuing elevated inflation and also a significant devaluation of th ... Read More
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Home Audio and Cinema in the US
Home Audio and Cinema in the US Home audio and cinema continued to experience falling sales during 2023, with various factors contributing to this negative performance. One of the key contributors to ongoing sales declines in the category is the increasing popularity of streaming services and rising ... Read More
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Home Audio and Cinema in Spain
Home Audio and Cinema in Spain Retail volume sales of home audio and cinema continued their long-term decline in 2022, including sales of home cinema and speaker systems, which account for the bulk of retail value sales in the category. Home cinema and speaker systems mainly attract consumers lookin ... Read More
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