Category: Travel Services
Travel Services market research reports by Euromonitor International
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Booking in Colombia
Booking in Colombia The year 2023 proved to be challenging for intermediaries within the travel industry, largely due to the bankruptcy of Viva Air and Ultra Air at the onset of the year. These events imposed significant economic and financial difficulties on travel agencies. By the close of Februar ... Read More
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Lodging (Destination) in Indonesia
Lodging (Destination) in Indonesia In 2023, the hotel occupancy rate has again shown an increase, although it has not yet recovered to the figure seen in 2019, immediately before the outbreak of COVID-19. However, several cities in Central Java, such as Solo City, have recorded occupancy rates at se ... Read More
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Booking in Brazil
Booking in Brazil Flexible packages (travel packages with flexible dates), which were a solution to provide relief for players during the pandemic, have lost strength as they have turned out to be a “bargain that turned expensive” for both players and customers. In addition, some consumers did not h ... Read More
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Tourism Flows in Brazil
Tourism Flows in Brazil The tourism sector in Brazil is experiencing a more favourable outlook in 2023, after the World Health Organization declared the end of the Public Health Emergency of International Concern related to COVID-19. In June 2023, the National Health Surveillance Agency (Anvisa) ann ... Read More
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Travel in Indonesia
Travel in Indonesia The Indonesian travel industry is showing significant expansion in 2023. The main reason behind this growth is the revocation of the PPKM (Community Activities Restrictions Enforcement) policy at the end of 2022, which has resulted in much greater mobility across all travel modes ... Read More
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Booking in France
Booking in France Booking sales have seen a strong recovery over 2022-2023. Industry players have benefited from the rearrangement of postponed travel bookings, with many consumers having postponed travelling abroad during the pandemic. After two years of restrictions there was significant pent up d ... Read More
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Booking in Indonesia
Booking in Indonesia Online bookings are showing a significant growth trend in 2023. The repeal of PPKM at the end of 2022 has had a very positive impact on this category. Various promos offered by OTA, especially special price promotions for orders on certain dates, are proving very effective in at ... Read More
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Tourism Flows in the Philippines
Tourism Flows in the Philippines Inbound arrivals (in terms of number of trips) continued to recover in 2023, having recorded triple-digit growth over the previous year. This followed the easing of all remaining international travel restrictions, including COVID-19 test requirements, which encourage ... Read More
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Miami in the US
Miami in the US The Miami in the US report provides comprehensive city level information benchmarked against other cities in the country and region. The report includes historic data and forecasts on city population, consumer expenditure, digital penetration, wealth and other consumer topics. On top ... Read More
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Sustainable Travel Index: Ramping Up Action for Positive Change
Sustainable Travel Index: Ramping Up Action for Positive Change The latest Sustainable Travel Index reveals that progress has been made, with Latin American destinations moving up the ranking whilst Europe dominates the leaderboard. The question is whether consumers will pay for sustainable travel f ... Read More
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World Market for In-Destination Spending
World Market for In-Destination Spending In-destination spending is benefiting from the recovery of tourism, with pent-up demand and revenge travel driving trips abroad and powering visitor spending. Shopping is receiving a boost from the return of Chinese travellers after the removal of the country ... Read More
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The Growth of Subscription Loyalty Programmes in the Americas
The Growth of Subscription Loyalty Programmes in the Americas Hospitality companies have experimented with many new types of loyalty schemes since the pandemic began. In the Americas, subscriptions have become an especially popular option. Subscriptions is a fast-growing segment for hospitality loya ... Read More
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Competitor Strategies in Travel
Competitor Strategies in Travel The travel industry is enjoying a robust recovery from the pandemic, but major issues, such as inflation, have begun to threaten that recovery. To address these issues, travel companies have remodelled loyalty programmes and are promoting budget-friendly brands to ent ... Read More
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AccorHotels Group in Lodging (World)
AccorHotels Group in Lodging (World) Historically Accor has been focused on mid-market and budget hotel chains. However in addition, Accor’s expansion is increasingly driven by luxury- and lifestyle-positioned outlets, which it has recently grouped in a dedicated division. Loyalty has also become ce ... Read More
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Booking in Latin America
Booking in Latin America While Latin America has been recording strong growth in the last two years, booking sales are still below pre-pandemic levels, given the size of the losses seen in 2020. Dynamic performances are being registered across the region, in spite of the currently difficult economic ... Read More
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Booking in Asia Pacific
Booking in Asia Pacific The recovery from the pandemic is already well under way in Asia Pacific, but it could take some time for booking sales to fully rebound, given the collapse seen in the travel industry in 2020. While most countries were recording very dynamic growth in 2022, China was lagging ... Read More
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InterContinental Hotels Group in Travel (World)
InterContinental Hotels Group in Travel (World) InterContinental Hotels Group is focused on mid-market hotels, currently with a majority of its rooms located in the US. This stood IHG well during the pandemic as the sector along with the US market proved more resilient. The group sees adding more br ... Read More
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Travel Transportation in Middle East and Africa
Travel Transportation in Middle East and Africa The recovery in travel modes sales is proving a gradual one, given the size of the losses seen in 2020, when the pandemic decimated the travel and tourism industry with its lockdowns, border closures and general restrictions on mobility. While there wa ... Read More
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Top 100 City Destinations Index 2022
Top 100 City Destinations Index 2022 Euromonitor International’s Top 100 City Destinations Index 2022 uncovers the leading city players, which have improved their economic and business activity, support thriving tourism infrastructure and performance, and show great potential for investment and oper ... Read More
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Lodging in Western Europe
Lodging in Western Europe Lodging was continuing its gradual recovery in Western Europe in 2022. While value growth was dynamic in this year, as in 2021, sales are still some way short of their pre-pandemic levels, given the size of the losses seen in 2020 due to the various COVID-19 restrictions in ... Read More
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Bleisure and the Future of Work and Travel
Bleisure and the Future of Work and Travel The ability to add leisure to a work trip - bleisure - has traditionally been an important growth opportunity in hospitality. The pandemic, however, has transformed bleisure dramatically. While business trips in the classic sense are still below pre-pandemi ... Read More
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Travel in the Metaverse
Travel in the Metaverse The metaverse is the next iteration of the internet, promising to be as disruptive to travel brands and destinations as online booking and the mobile web. Already brands are testing the waters, offering fun, immersive travel experiences and launching brand campaigns in the me ... Read More
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Travel in Taiwan
Travel in Taiwan Having been battered in 2020 and 2021 by COVID-19 restrictions, demand for both inbound and outbound travel began to revive in 2022 but remained well below its pre-pandemic level. In contrast to many other countries, Taiwan retained tight restrictions on inbound arrivals for much of ... Read More
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Airlines in Turkey
Airlines in Turkey Airline passenger traffic continued to recover in 2022 but remained well below its pre-pandemic level. The war in Ukraine slowed the recovery by unleashing an economic shock that drove a decline in inbound arrivals from Russia and Ukraine, which are key sources of inbound arrivals ... Read More
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Booking in Turkey
Booking in Turkey Retail constant value sales (2022 prices) of booking continued to recover during 2022, exceeding their 2019 peak, in spite of disruption arising from the war in Ukraine. During 2022, 45% of all leisure travel booking retail value sales were for air travel, with another 22% for surf ... Read More
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