Category: Travel Services
Travel Services market research reports by Euromonitor International
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Lodging (Destination) in Colombia
Lodging (Destination) in Colombia Hostels, especially those in more remote areas of the country, are embracing current tourism trends by catering to the evolving preferences of backpackers. Beyond just accommodation, hostels are incorporating experiences that immerse travellers in local culture. The ... Read More
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Travel in the Philippines
Travel in the Philippines The Filipino travel industry continued to recover in 2023, with the volume of inbound arrivals having recorded triple-digit growth over the previous year. This followed the easing of all remaining international travel restrictions, including COVID-19 test requirements, as o ... Read More
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Booking in the Philippines
Booking in the Philippines Retail sales of bookings continued to grow strongly in constant value terms in 2023. This rebound was driven largely due to pent-up demand, as well as strong growth in domestic tourism and the rising popularity of staycations by domestic travellers. While there was a notab ... Read More
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Lodging (Destination) in the Philippines
Lodging (Destination) in the Philippines Hotels in the Philippines continued to bounce back in 2023, with the number of room nights being close to pre-pandemic levels. The sector suffered during the pandemic, due to mobility restrictions, with resulted in some hotels closing for business on a tempor ... Read More
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Travel in Colombia
Travel in Colombia The year 2023 presented significant challenges for the Colombian tourism industry, driven by a combination of factors including the national economic slowdown, the removal of tax benefits such as VAT exemptions for tourism, the devaluation of the Colombian peso against the dollar, ... Read More
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Travel in Brazil
Travel in Brazil Following years of pandemic-related restrictions and industry uncertainties, 2023 marks the definitive resurgence of travel and tourism in Brazil. The World Health Organization has officially declared the end of the Public Health Emergency of International Concern related to COVID-1 ... Read More
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Tourism Flows in France
Tourism Flows in France After an impressive recovery in 2022 as COVID-19 fears subsided, tourism flows have continued to post strong growth in 2023. There are no longer any restrictions in place while the World Health Organisation declared the COVID-19 pandemic to be over in 2023. As such, inbound a ... Read More
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Lodging (Destination) in France
Lodging (Destination) in France Lodging fared better in 2022 than had been expected and continues to perform well in 2023. 2020 and 2021 were a disaster for the hotel industry, with occupancy rates of 38% and 48% respectively, according to INSEE – French official statistics. The improvement started ... Read More
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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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