Category: Travel Services
Travel Services market research reports by Euromonitor International
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Tourism Flows in the United Arab Emirates
Tourism Flows in the United Arab Emirates Despite challenges such as inflation and rising oil prices, Dubai's travel industry is experiencing an increase in demand. By the first half of 2023, the number of guests in Dubai had surpassed pre-pandemic international visitation levels, with 20% year-on-y ... Read More
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Booking in Portugal
Booking in Portugal Although the cost of living is on an upward trend, with high levels of inflation and rising interest rates, local people continue to favour travel in 2023, taking advantage of savings amassed during the pandemic making travel affordable. While some customers prefer closer destina ... Read More
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Travel in the United Arab Emirates
Travel in the United Arab Emirates In 2023, the United Arab Emirates has firmly established itself as a global travel hub, earning high rankings in international tourism competitiveness indexes. The remarkable growth of Emirati hotels has not only attracted millions of visitors, but also extended th ... Read More
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Travel in South Korea
Travel in South Korea In 2022, the gradual removal of pandemic-related restrictions in South Korea led to a significant surge in outbound travel demand. This trend continues in 2023. Outbound travellers in both 2022 and 2023 have also been spending considerable sums of money, evidence of pent-up dem ... Read More
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Travel in Taiwan
Travel in Taiwan The travel industry in Taiwan continued on its road to recovery in 2023, with the volume of inbound arrivals having recorded high triple-digit growth over the previous year. Following the lifting of all COVID-19-related entry restrictions in October 2022, the number of international ... Read More
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Travel in Italy
Travel in Italy Travel in Italy is performing very well in 2023, with increasing travel flows both inbound and domestic. Domestic trips are seeing a particularly fast recovery with consumers looking to take holidays in closer proximity to their home with the possibility of travel by car. Italians ar ... Read More
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Lodging (Destination) in Vietnam
Lodging (Destination) in Vietnam Following the event of the COVID-19 pandemic, there has been a noticeable increase in the number of Vietnamese people who are prioritising their health, actively seeking ways to reduce stress, and taking care of their mental wellbeing. Recognising this emerging trend ... Read More
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Booking in Denmark
Booking in Denmark As travel suffered due to COVID-19 in 2020-2021, retail value in bookings also saw a clear decrease. With restrictions starting to lift in 2022, travel began to increase, with retail value in 2022 around the 2018-2019 level, with pent-up demand aiding sales. However, travel outsid ... Read More
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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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