Category: Travel Services
Travel Services market research reports by Euromonitor International
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Tourism Flows in Chile
Tourism Flows in Chile During summer 2023, inbound tourism in Chile has shown a moderate increase compared to 2022, but it is still to reach pre-pandemic levels. The top five countries of origin for tourists visiting Chile in 2023 are Argentina, Bolivia, the US, Brazil, and Peru. The recovery of tou ... Read More
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Lodging (Destination) in Canada
Lodging (Destination) in Canada Benefiting most from lifted COVID-19 restrictions in 2023 are hotels based in leisure-focused destinations and resort areas. Pent-up demand for leisure travel is driving recovery in lodging, with hotels in resorts providing outdoor activities doing particularly well. ... Read More
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Tourism Flows in Canada
Tourism Flows in Canada In October 2022, the Canadian government removed all remaining COVID-19 related travel restrictions This led to strong growth of inbound and outbound travel, with this trend continuing into 2023. Household savings are high thanks to severely reduced spending during the pandem ... Read More
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Travel in Hong Kong, China
Travel in Hong Kong, China 2023 is the year that travel in Hong Kong is set to start to see significant recovery from the pandemic. The Hong Kong government gradually released COVID-19-related restrictions from the last quarter of 2022, and started to welcome visitors from around the world. As of Fe ... Read More
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Travel in Kenya
Travel in Kenya In 2023, Kenya's travel landscape is undergoing transformative trends that hold significant promise for its tourism industry. The relaxation of China's travel ban marks a crucial turning point, instilling renewed optimism in Kenya's tourism sector. China's decision to ease COVID-19 r ... Read More
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Tourism Flows in Vietnam
Tourism Flows in Vietnam Tourism flows are rebounding strongly in 2023, however some challenges remain to limit the growth of inbound tourism. Namely, short visa duration periods are one of the significant factors limiting flows into Vietnam. Although the country reopened for international arrivals ... Read More
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Lodging (Destination) in Finland
Lodging (Destination) in Finland Finland was one of the countries that imposed few restrictions on lodging during the COVID-19 pandemic. For example, outlets were not forced to close nor were they restricted to only hosting certain types of guests. However, there were COVID-19-related restrictions o ... Read More
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Tourism Flows in Spain
Tourism Flows in Spain TURESPAÑA, the Spanish public body attached to the Ministry of Industry, Trade and Tourism, through the Secretariat State for Tourism, is responsible for the promotion of Spain as a tourist destination in the world. The body predicted a positive year for inbound travel in Spai ... Read More
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Booking in the US
Booking in the US Business travel bookings have been on the rebound, although the space looks different post-pandemic. Small group travel and 1:1 meetings in particular are on the rise, due in part to the cultural shift associated with distributed team and hybrid work opportunities. With so many emp ... Read More
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Lodging (Destination) in Italy
Lodging (Destination) in Italy Hotels have seen a strong recovery in 2023 although the recovery has been at different speeds between the different categories, with the recovery certainly being driven by an increase in average daily rates (ADR). The exception to this is hotel resorts which have prove ... Read More
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Lodging (Destination) in Malaysia
Lodging (Destination) in Malaysia As with the other travel categories, lodging’s recovery has also been boosted by the re-opening of international borders and a significant increase in tourism flows in 2023. Before this, lodging was mainly relying on domestic travellers which led to a slower rebound ... Read More
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Booking in New Zealand
Booking in New Zealand The robust rebound in bookings that began in 2022 has persisted into 2023, propelled by pent-up travel demand and increasing prices that have contributed to value sales growth. Despite air capacity constraints and labour shortages, available inventory has not fully returned to ... Read More
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Booking in Malaysia
Booking in Malaysia Tourism Malaysia is looking for new ways to expand its reach and entice more travellers to book a holiday in the country. For example, Tourism Malaysia collaborated with Indonesian travel platform Traveloka on a smart partnership campaign to promote the country as a holiday desti ... Read More
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Tourism Flows in New Zealand
Tourism Flows in New Zealand In March 2023, New Zealand was announced as one of the select few countries granted approved destination status (ADS) by China's Ministry of Culture and Tourism, as China began re-opening its borders. Before the pandemic, China stood as New Zealand’s second-largest inter ... Read More
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Lodging (Destination) in Argentina
Lodging (Destination) in Argentina The Mercure hotel brand, part of the Accor chain, opened a new four-star establishment in Rosario in March 2023. This new luxury option in the city offers guests 137 rooms with numerous spaces and rooms for common use. The new hotel also offers a premium gastronomi ... Read More
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Lodging (Destination) in Greece
Lodging (Destination) in Greece Retail value sales of lodging (destination) continued to post strong retail value growth in Greece, driven by luxury and upscale hotels, which have already recovered to pre-pandemic levels. Alongside the growth of luxury and upscale hotels, there has been an increase ... Read More
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Airlines in China
Airlines in China Air travel appears to be experiencing robust momentum in China as regulations have moved away from lengthy pandemic-related restrictions of the past three years, benefiting both domestic and international airlines. Ticket prices could remain relatively high throughout 2023, as pass ... Read More
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Lodging (Destination) in China
Lodging (Destination) in China Mid-market hotels continue to gain share as consumers trade up in terms of spending on accommodation, such as moving away from unrated or budget to mid-market options. This is being driven by increasing awareness of health and safety accelerated by the pandemic. In con ... Read More
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Travel in Greece
Travel in Greece Tourism flows are showing a strong increase in 2023 on both a domestic and international level. Despite the impact of inflation on disposable incomes and travel prices increases, consumers are not willing to cut down on their spending as they seek to make up for the lost travel expe ... Read More
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Travel in Canada
Travel in Canada Canadians continue to have a good appetite for travel with many determined to resume their travel activities after the government removed all COVID-19 restrictions in the second half of 2022. As a result, the travel industry is expected to continue growing at a rapid pace in 2023. D ... Read More
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Booking in Vietnam
Booking in Vietnam Travel intermediaries are embracing the health and wellbeing trends by introducing a range of new products specifically designed for mental and physical rejuvenation. In 2023, there has been a noticeable rise in the number of Vietnamese individuals prioritising their health, activ ... Read More
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Lodging (Destination) in Denmark
Lodging (Destination) in Denmark As domestic travel continued to perform strongly in Denmark and inbound travel boomed after lifting COVID-19 restrictions, 2022 saw a rise in lodging in Denmark. This led to records in overnight stays and value spent on lodging, with the latter being due to higher pr ... Read More
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Booking in Finland
Booking in Finland COVID-19 dealt a serious blow to booking in Finland. At the height of the pandemic, outbound travel was minimal, compared to normal levels, although domestic travel became more appealing. However, increased domestic travel did not compensate for the slumps in outbound departures o ... Read More
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Airlines in Spain
Airlines in Spain In February 2023, Globalia Group and International Airlines Group (IAG) reached an agreement for the sale of the entire airline company Air Europa. This closes a long process which began with the pre-agreement adopted in November 2019, later modified in January 2021, and terminated ... Read More
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Tourism Flows in Thailand
Tourism Flows in Thailand The volume of inbound arrivals increased for the second consecutive year in 2023, following the lifting of all remaining COVID-19 related entry restrictions in October 2022. The return of tourists from other countries in Asia-Pacific, notably China, was a key contributor to ... Read More
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