Category: Travel Services
Travel Services market research reports by Euromonitor International
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
Booking in Spain
Booking in Spain Travel intermediaries, especially traditional intermediaries, suffered during the pandemic. In 2023, however, consumers continue to see a degree of complexity in travel following the two years of pandemic travel restrictions, such as specific requirements to visit a certain country, ... Read More
-
Lodging (Destination) in Thailand
Lodging (Destination) in Thailand Lodging in Thailand continued to bounce back in 2023, with the number of room nights in hotels exceeding pre-pandemic levels. This buoyancy of demand allowed certain hotels to raise their room prices, as they were confident about attracting more international travel ... Read More
-
Tourism Flows in Hong Kong, China
Tourism Flows in Hong Kong, China The full resumption of quarantine-free travel is the major driver of the expected exceptional spike in inbound arrivals to Hong Kong in 2023. Inbound arrivals are expected to recover to more than 60% of the 2019 level in 2023, with full recovery expected in 2026. Ho ... Read More
-
Booking in Japan
Booking in Japan COVID-19 has changed various elements in businesses, from the implementation of working from home, to the normalisation of online meetings, and paperless applications and approvals. With such momentum, this has also triggered an acceleration of the shift towards online booking of bu ... Read More
-
Lodging (Destination) in Japan
Lodging (Destination) in Japan During COVID-19, lodging in Japan suffered greatly due to various travel restrictions, leading many outlets to close temporarily, or even some to close altogether. However, in 2023, when travel restrictions were lifted completely early in the year, lodging in Japan has ... Read More
-
Tourism Flows in Ecuador
Tourism Flows in Ecuador During the review period, domestic tourism experienced remarkable growth, achieving unprecedented historical figures. Several key factors contributed to this phenomenon. Firstly, after enduring approximately two years of confinement, numerous tourists sought an escape from s ... Read More
-
Booking in Ecuador
Booking in Ecuador As the pandemic's grip wanes, tourists, including a significant number of elderly travellers, have rekindled their passion for exploration, both domestically and internationally. The elderly, once deemed vulnerable during the pandemic, now venture forth with renewed confidence to ... Read More
-
Lodging (Destination) in Ecuador
Lodging (Destination) in Ecuador During the pandemic, international tourism faced significant limitations, prompting lodging establishments to recalibrate their approaches to attract domestic tourists by substantially lowering average rates. However, as the review period unfolded, international tour ... Read More
-
Booking in Israel
Booking in Israel Booking is set to see a full recovery to pre-pandemic sales levels in current value terms in 2023. However, a major factor driving value growth in both leisure and business bookings has been inflation driven price increases. Euromonitor International's Booking in Israel report offe ... Read More
-
Booking in Argentina
Booking in Argentina In booking overall, Despegar.com maintains a clear lead in 2023, with its closest competitor, Almundo, a distant second. Despegar.com is also showing the fastest growth amongst the top five players in booking. A notable change in the financial world is making its way into the tr ... Read More
-
Booking in China
Booking in China Booking in China has seen a rapid shift from offline to online sales, as the country has one of the highest internet penetration rates in the world, and local consumers are accustomed to booking travel online. However, 2023 is set to see a temporary reversal of this trend, as interm ... Read More
Research Assistance
