Category: Travel Services
Travel Services market research reports by Euromonitor International
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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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Travel in Denmark
Travel in Denmark COVID-19 led to weaker results in 2020-2021 while lifting restrictions in 2022 led to a boom in travel results. With pent-up demand continuing to result in consumers booking trips, 2023 is expected to set records. Following two years of travel restrictions, Denmark is becoming an i ... Read More
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Travel in Israel
Travel in Israel With the World Health Organisation declaring the pandemic to be over in early 2023 and with COVID-19 restrictions no longer in place the outlook for travel in Israel is much brighter. This has led to a surge in inbound arrivals and outbound departures, although figures are not expec ... Read More
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Lodging (Destination) in New Zealand
Lodging (Destination) in New Zealand The upward trajectory of inbound arrivals, buoyed by China's borders reopening and the resurgence of Chinese tourists to New Zealand, played a pivotal role in sustaining the growth of value sales in the lodging sector throughout 2023. This momentum follows an ini ... Read More
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Tourism Flows in Israel
Tourism Flows in Israel Outbound departures are expected to nearly reach pre-pandemic numbers in 2023. This is largely due to the high cost of domestic travel which is encouraging locals to travel abroad. Once the skies were reopened after the pandemic restrictions were lifted many locals were keen ... Read More
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Tourism Flows in Argentina
Tourism Flows in Argentina Domestic tourism continues to see very positive development with large mobilisations of people throughout the country. This is being supported by several factors. On one hand, the access to US dollars to travel abroad is very limited and very expensive, which is why the mi ... Read More
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Booking in Belgium
Booking in Belgium In 2023, leisure travel current value sales are expected to exceed their 2019 pre-COVID-19 pandemic level. As the threat of and measures related to the pandemic eased and lifted, Belgian consumers have been eager to travel. Leisure air travel, leisure lodging, leisure packages and ... Read More
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Travel in Vietnam
Travel in Vietnam Travel in Vietnam is being supported by the revival of tourism following the era of the pandemic when such activities and industries were curtailed. In 2023, Deputy Minister Hoang Dao Cuong signed Decision No. 405/QD-BVHTTDL, which issued the Ministry of Culture, Sports, and Touris ... Read More
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Travel in Argentina
Travel in Argentina Argentina is going through a situation that it has experienced on other occasions, with a shortage of dollars linked to the government controls as it seeks to avoid devaluing the local currency. Because people cannot buy US dollars at an official price, there is a range of differ ... Read More
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Travel in the US
Travel in the US In 2021 and 2022, pandemic-related travel restrictions controlled the travel industry’s performance, and the removal of these restrictions led to robust sales growth. China’s decision in January 2023 to remove all remaining restrictions on international travel was a watershed moment ... Read More
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Lodging (Destination) in the US
Lodging (Destination) in the US Although occupancy generally remained below 2019 levels, hotels grew at an unprecedented rate in value terms in 2022. As travel restrictions loosened, unforeseen high demand in the latter half of the year met slowed investment in supply levels, resulting in exceptiona ... Read More
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Booking in Thailand
Booking in Thailand Retail sales of bookings continued to grow strongly in constant value terms in 2023 as they edged even closer to pre-pandemic levels. While offline booking saw a strong recovery, online booking still accounted for more than two thirds of retail constant value sales. Online travel ... Read More
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Lodging (Destination) in Hong Kong, China
Lodging (Destination) in Hong Kong, China Hotels is set to see full recovery to the 2019 level of retail value sales in 2023. The return of mainland China tourists after the border reopening has greatly contributed to the recovery of hotels, and thus lodging. However, there has been uneven recovery ... Read More
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Booking in Hong Kong, China
Booking in Hong Kong, China Booking through travel intermediaries is becoming increasingly popular amongst leisure travellers. Local consumers shifted to booking travel online during the pandemic due to greater convenience and accessibility. According to Euromonitor International’s Voice of the Cons ... Read More
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Airlines in Ecuador
Airlines in Ecuador Ecuador has witnessed a remarkable expansion of its air routes with the introduction of new airlines alongside the growth of existing ones. One such noteworthy addition is Arajet, a low-cost carrier that commenced operations in the final quarter of 2022, offering flights to the D ... Read More
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Tourism Flows in Greece
Tourism Flows in Greece In 2023, inbound tourism is enjoying a strong recovery in Greece, with the number of trips expected to recover to pre-pandemic levels by the end of the year. There is much optimism, even though bookings in the first quarter were somewhat conservative. Many people worldwide ar ... Read More
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Tourism Flows in China
Tourism Flows in China Effective from 8 Jan 2023, the Chinese government lifted inbound travel restrictions, such as testing and contact tracing passes, effectively ending the country’s “zero-Covid” policy practiced for the last three years. Subsequently, international travel has resumed to and from ... Read More
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Airlines in Chile
Airlines in Chile Airline operators have been severely impacted by the pandemic, leading to the collapse of some airlines and the restructuring of others. As the world moves towards normalcy, there is a slow recovery for airlines, albeit with a different cost structure and challenges in terms of ski ... Read More
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Lodging (Destination) in Chile
Lodging (Destination) in Chile The hotel sector has undergone a significant transformation in response to the evolving needs of guests. With the rise of remote work, travellers now seek hotels that offer high-speed internet bandwidth, open spaces for comfortable work environments, and even rooms cap ... Read More
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