Category: Travel Services
Travel Services market research reports by Euromonitor International
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Singapore Travel
Travel in Singapore In 2024, Singapore is gradually approaching the pre-COVID-19 number of inbound arrivals, expecting to see full recovery in 2025. Meanwhile, outbound travel surged in 2023, with strong interest continuing into 2024 despite higher costs, focusing on destinations such as Japan, Thai ... Read More
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Argentina Booking
Booking in Argentina While OTAs (Online Travel Agencies) have grown substantially in recent years, a lack of engagement during the COVID-19 pandemic led many local consumers to lose trust in these types of intermediaries. In many cases, consumers prefer to use agencies with physical branches where t ... Read More
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Malaysia Booking
Booking in Malaysia Booking sales are set to increase strongly in current value terms in Malaysia in 2024. Since borders have opened in the aftermath of the COVID-19 crisis, Malaysia’s tourism industry has been experiencing a welcome rebound. Malaysians have shown a strong desire to travel both dome ... Read More
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Saudi Arabia Booking
Booking in Saudi Arabia The performance of booking in Saudi Arabia benefits from increasing flows of travellers and rising prices across various stages of the travel journey. This is leading to fast year-on-year increases in current value sales for travel intermediaries, including during 2024. For e ... Read More
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China Booking
Booking in China According to the Ministry of Culture and Tourism, travel intermediaries in China organised 132 million domestic trips in 2023, although this accounted for less than 3% of total domestic trips in the same year. Consumers increasingly favour independent travel over group travel, with ... Read More
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China Lodging (Destination)
Lodging (Destination) in China Hotels is set to see another strong year in China in 2024, continuing its rebound in retail current value terms, although will be unable to return to the pre-pandemic (2019) level of sales. Nevertheless, the category continues to benefit from the release of pent-up dem ... Read More
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Colombia Lodging (Destination)
Lodging (Destination) in Colombia The hotel landscape in Colombia is experiencing notable growth, reflecting the country's strengthening as an expanding destination. Following the outbreak of COVID-19, there has been an increase in licenses granted for hotel projects, with 349,000 square meters regi ... Read More
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Singapore Tourism Flows
Tourism Flows in Singapore In 2024, there is set to be a further rebound towards the pre-COVID-19 (2019) level of visitor arrivals to Singapore, with International Visitor Arrivals (IVA) expected to fully recover in 2025. Despite slightly lower visitor numbers overall in 2024 than pre-pandemic, Sing ... Read More
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France Lodging (Destination)
Lodging (Destination) in France Lodging went through a period of normalisation in France in 2022 and 2023 as guest numbers gradually recovered from the impact of the COVID-19 health crisis. The pandemic had a hugely damaging impact on travel and tourism during 2020 and 2021 with people unwilling or ... Read More
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Mexico Tourism Flows
Tourism Flows in Mexico The number of inbound arrivals to Mexico continued to improve in 2023, with the country remaining sixth in the World Tourism Organization (UN Tourism)’s ranking of foreign traveller arrivals, as the speed of recovery to peak levels accelerated, pointing to a volume recovery i ... Read More
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Spain Tourism Flows
Tourism Flows in Spain Travel in Spain continues to enjoy healthy growth in 2024, albeit at slowing rates compared to the initial post-pandemic boom. Indeed, Spain maintains its appeal to key inbound markets such as the UK, France, and Germany; as well as attracting visitors from the like of Belgium ... Read More
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Vietnam Lodging (Destination)
Lodging (Destination) in Vietnam Lodging in Vietnam is set to witness dynamic current value growth in 2024. In 2024, resorts located near the beach, or with a road leading to the beach, continue to be highly favoured by tourists, with families and Gen Z primarily driving the boom in beach tourism. P ... Read More
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China Tourism Flows
Tourism Flows in China 2024 is expected to be a year of continued strong rebound for domestic tourism. According to Euromonitor International, domestic trips are set to grow by 24% in 2024, returning to 92% of the pre-pandemic level. Meanwhile, domestic spending is expected to slightly outpace the g ... Read More
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Japan Lodging (Destination)
Lodging (Destination) in Japan The increase in inbound tourism at the end of the review period has led to a surge in lodging facilities, especially those managed by foreign hotel chains. In 2023, several new hotels were inaugurated in different cities, including the Bvlgari Hotel in Tokyo, Dusitani ... Read More
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Malaysia Tourism Flows
Tourism Flows in Malaysia Both inbound arrivals and outbound departures are set to rise strongly in Malaysia in 2024. Overall, the travel industry in the country is seeing a positive recovery in the final year of the review period, with domestic tourism playing a leading role in driving tourism flow ... Read More
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China Travel
Travel in China 2024 is expected to be a year of continued strong recovery in the number of domestic as well as cross-border trips in China. Although domestic long-haul travel remains relatively down, this is expected to be more than offset by the strong recovery of mid-haul travel. Travellers are n ... Read More
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Shopping Events, Holidays and Travel: Asian Beauty Shoppers’ Occasion-based Purchases
Shopping Events, Holidays and Travel: Asian Beauty Shoppers’ Occasion-based Purchases Beauty and personal care is a highly seasonal industry. In Asia Pacific, over 30% of 2023's online sales were generated in Q4, as consumers strategically wait for special prices during shopping events, holidays and ... Read More
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The Netherlands Cities Review
The Netherlands Cities Review Amsterdam remains the Netherlands most economically active city, owing to its position in terms of population size, consumer expenditure and disposable incomes. Meanwhile, Groningen holds the highest potential for future economic expansion owing to expected GDP growth. ... Read More
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France Cities Review
France Cities Review Paris remains France’s most economically active city, owing to its position in terms of population size, consumer expenditure and disposable incomes. Bordeaux holds the highest potential for future economic expansion, based on expected GDP growth. challenges for the country’s ci ... Read More
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The UK Cities Review
The UK Cities Review London and Edinburgh are the UK’s most economically active cities. Brighton led in terms of digital connectivity, while Leicester is expected to experience the most rapid population growth driven by a strong youth demographic. Bournemouth/Poole will face the strongest old-age de ... Read More
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Canada Cities Review
Canada Cities Review Ottawa - Gatineau became Canada’s most affluent city in terms of consumer expenditure levels, while Toronto remains the most populous city and had the largest pool of wealthy consumers. Several cities are expected to record a rising old-age dependency ratio. While the purchasing ... Read More
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Germany Cities Review
Germany Cities Review Munich and Frankfurt am Main are Germany’s most economically vibrant cities, supported by higher incomes, extensive employment opportunities in key industries, good infrastructure and connectivity. Meanwhile, Saarbrucken holds the highest potential for future economic growth. H ... Read More
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India Cities Review
India Cities Review Bangalore and Delhi are India’s most economically active cities, supported by population growth, employment in tech industries and higher consumer expenditure and incomes. Cities such as Ghaziabad and Lucknow are set to remain youthful, diverse and digitally connected. However, c ... Read More
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Australia Megatrends
Megatrends in Australia This Megatrends report highlights long-term trends resulting from shifts in consumer values and behaviour. It provides a summary of each of Euromonitor International’s 10 focus megatrends and insights as to how each trend has manifested in Australia. Euromonitor's Megatrends ... Read More
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Denmark: Consumer Profile
Denmark: Consumer Profile The Danish population is expanding due to an influx of immigrants, while businesses are becoming more diverse and inclusive. Strong economic performance driven by GDP growth means consumer expenditure is increasing, with consumers focusing on environmental concerns and equa ... Read More
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