Category: Travel & Leisure
Travel & Leisure market research reports by Euromonitor International
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The Philippines Booking
Booking in the Philippines The Philippines travel industry anticipates double-digit growth in bookings in 2024, as seen in the data, driven by strong demand for both domestic and international trips. According to the Philippine Travel Agencies Association, the surge in foreign trips among local cons ... Read More
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Taiwan Lodging (Destination)
Lodging (Destination) in Taiwan In 2024, Taiwan's lodging sector is poised to make a full recovery, with the number of hotel room nights anticipated to surpass pre-pandemic levels. However, inflationary pressures could impact performance, as rising prices may prompt consumers to compare domestic rat ... Read More
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Ecuador Tourism Flows
Tourism Flows in Ecuador Tourism flows in Ecuador continue to recover from the pandemic in 2024. However, Ecuador has faced new security challenges in recent years due to insecurity and higher crime rates in the country. Security concerns have hampered domestic tourism to provinces where crime is pe ... Read More
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Greece Lodging (Destination)
Lodging (Destination) in Greece In 2024, in terms of lodging, city hotels in Greece continue to outperform their seasonal counterparts, driven by the resurgence of city breaks and the recovery of Business and MICE (Meetings, Incentives, Conferences, and Exhibitions) travel following the pandemic. Wh ... Read More
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Canada Lodging (Destination)
Lodging (Destination) in Canada Despite inflation showing signs of stabilisation in Canada in February and March 2024, the operational costs of hotels remain high. A key factor is labour costs with hotels having to offer higher wages and improved benefits to attract and retain staff with Canada havi ... Read More
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Peru Travel
Travel in Peru Travel in Peru has continued its significant growth in 2024. While the arrival of foreign tourists has increased markedly compared to the previous year, pre-pandemic levels have not yet been fully restored. This growth in foreign visitors can be attributed to the resolution of issues ... Read More
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Denmark Travel
Travel in Denmark 2024 is proving to be a good year for travel to, from and within Denmark, as post-pandemic recovery continues apace. Inflation is normalising following the outbreak of war in Ukraine and its initial impact on the economy. In 2024, Denmark’s economy is performing well, with the coun ... Read More
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Egypt Travel
Travel in Egypt Egypt witnessed a surge in travel flows over 2023 as the country continued its post-pandemic recovery and international tourists returned. The positive trend continues in 2024 with Egypt on track to receive an impressive 16.2 million tourists aided by a wide range of marketing initia ... Read More
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Greece Travel
Travel in Greece Greece’s tourism industry remains vibrant and dynamic, with increasing flows year on year. However, the rising cost of travel is beginning to impact overall industry performance. Notably, flight costs have surged, especially during the peak season starting in late June, which has ex ... Read More
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The Netherlands Travel
Travel in the Netherlands The Netherlands is enjoying another strong year of travel flows in terms of inbound arrivals and outbound departures, fuelled by rising disposable income and economic growth that was better than expected in both the Netherlands and source countries. Most tourists have fully ... Read More
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New Zealand Travel
Travel in New Zealand Rising travel costs and inflation-induced cost of living pressures fail to dampen the demand for New Zealanders wanting to travel overseas, with outbound travel numbers reaching record levels towards the end of the review period. According to Statistics New Zealand, 328,100 New ... Read More
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Kenya Travel
Travel in Kenya Travel in Kenya is witnessing robust growth driven by both domestic and international tourism. Domestic travel is being fuelled by infrastructure upgrades and a growing middle class that is increasingly interested in exploring local attractions. Domestic tourism has been particularly ... Read More
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Taiwan Booking
Booking in Taiwan Retail sales of bookings are expected to continue growing in constant value terms in 2024, albeit at a slower rate than in 2023, when there was a release of pent-up consumer demand. Japan represents the top destination for Taiwanese travellers, with the ongoing depreciation of the ... Read More
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Denmark Booking
Booking in Denmark 2024 is proving to be a positive year for booking in Denmark, supported by Danes travelling more with increases in both outbound and domestic trips compared to 2023. Spending is also on the up thanks to higher prices, though the worst of inflation seems to be over. In business tra ... Read More
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Kenya Booking
Booking in Kenya Mobile and online bookings continue to dominate the travel booking landscape in Kenya. This trend is driven by the increasing availability of mobile apps and the convenience they offer to consumers. With more Kenyans owning smartphones and gaining access to the internet, mobile book ... Read More
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New Zealand Booking
Booking in New Zealand In 2024, booking sales in New Zealand are set to record a double-digit increase. As New Zealand emerges from the pandemic and reopens its borders, international business travel has seen a substantial resurgence, even as the domestic market faces significant challenges. Busines ... Read More
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Israel Booking
Booking in Israel Booking sales are set to decline in current value terms in Israel in 2024. While locals are starting to travel more in 2024, there is still expected to be a decrease in the overall travel market, which will impact booking. The only category set to show growth is airlines, as the pr ... Read More
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Finland Booking
Booking in Finland Booking sales are seeing slower growth in current value terms in 2024 after the dynamism seen in the previous two years. Although consumers remain keen to travel economic pressures have been taking their toll. Elevated inflation and rising living costs have placed a financial burd ... Read More
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The Netherlands Tourism Flows
Tourism Flows in the Netherlands Tourism flows in the Netherlands are shifting as more Dutch consumers choose foreign travel over domestic leisure trips. The growth in inbound arrivals is slowing in 2024, although the number of trips is still well above 2019 levels. Neighbouring Belgium and Germany ... Read More
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Denmark Tourism Flows
Tourism Flows in Denmark Tourism flows in Denmark is performing well in terms of inbound travel again in 2024. Within the wider regional context, Denmark’s recovery from the COVID-19 impact has been impressive since restrictions were lifted. As such, though growth is strong in 2024, inbound flows ma ... Read More
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Israel Tourism Flows
Tourism Flows in Israel Inbound arrivals are set to see a marked fall in numbers in Israel in 2024, while outbound departures are expected to witness a slight increase. Incoming tourism saw a strong recovery in 2023, though numbers were still lower than the peak seen in 2019, immediately before the ... Read More
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Peru Tourism Flows
Tourism Flows in Peru In 2024, Peru witnesses a significant growth in foreign tourist arrivals, successfully overcoming the low performance of 2023, which had been heavily impacted by internal challenges. Despite this positive trend, the number of international visitors remains considerably below pr ... Read More
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New Zealand Lodging (Destination)
Lodging (Destination) in New Zealand The ongoing recovery in lodging sales across New Zealand in 2024 has been bolstered by the return of Chinese tourists and increased air connectivity with the United States. New airlines have launched services to New Zealand, while existing US carriers have expand ... Read More
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Kenya Lodging (Destination)
Lodging (Destination) in Kenya The mid-market hotel segment is seeing substantial growth in Kenya, driven by its affordability for domestic travellers amid high levels of inflation. Given the current economic situation, many Kenyans are opting for more budget-friendly accommodation, and this is fuel ... Read More
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Finland Tourism Flows
Tourism Flows in Finland Inbound arrivals continue to see dynamic double-digit growth in terms of number of trips in 2024, albeit numbers are unlikely to reach pre-pandemic levels. The measures taken to control the spread of COVID-19 led to a steep decline in inbound travel, but numbers have been re ... Read More
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