Category: Travel Services
Travel Services market research reports by Euromonitor International
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Tourism Flows in Turkey
Tourism Flows in Turkey Having more than doubled during 2021 (while remaining well their pre-pandemic peak), retail constant value sales (2022 prices) of tourist flows declined once again in 2022. The war in Ukraine had a negative impact, as both Russia and Ukraine are important markets for Turkish ... Read More
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Travel in Turkey
Travel in Turkey Inbound arrivals (number of trips) more than doubled in 2022 but remained well below their 2019 peak. The declining foreign-exchange value of the Turkish lira has served to make Turkey a more affordable destination for visitors from the Eurozone and the UK. This consideration is par ... Read More
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Lodging (Destination) in Turkey
Lodging (Destination) in Turkey The number of room nights continued to recover during 2022, coming close to its pre-pandemic level. With the number of sites/outlets remaining well below its pre-pandemic level, occupancy rates rose significantly, from 37% in 2021 to 52% in 2022. However, this was sti ... Read More
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Global Overview of the Hotels and Restaurants Industry
Global Overview of the Hotels and Restaurants Industry This briefing examines how the hotels and restaurants industry performs globally and in the largest countries in terms of hotels and restaurants output. The report also provides data for production, market size, imports, exports, industry costs, ... Read More
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Experiential Luxury in South Africa
Experiential Luxury in South Africa The hospitality industry in South Africa was brought to a halt by the pandemic due to restrictions on mobility and global travel, leading to several years of double-digit current value declines for experiential luxury (driven by luxury hotels). The country has a r ... Read More
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European Rail: An Emerging Model For Sustainable Travel and Commerce
European Rail: An Emerging Model For Sustainable Travel and Commerce Rail is in the spotlight, attracting investment in the wake of pandemic-driven disruption in air travel and accelerating support for sustainable development across Europe. Meanwhile, travel companies, retailers, and foodservice ope ... Read More
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Experiential Luxury in India
Experiential Luxury in India Another wave of COVID-19 in 2022 has remained largely stable and under control in India. This is resulting in a notable rise in the number of Indians taking domestic leisure trips, which they had missed out on in 2020 and largely in 2021 due to two major pandemic waves. ... Read More
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The Impact of the War in Ukraine on Consumer Finance, Foodservice, Travel and Mobility in Russia
The Impact of the War in Ukraine on Consumer Finance, Foodservice, Travel and Mobility in Russia This report examines the early impact of the war in Ukraine on the services and mobility sectors in Russia and the key challenges and actions being taken as the country is almost disconnected from the in ... Read More
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Experiential Luxury in Singapore
Experiential Luxury in Singapore A return to strong growth for experiential luxury was evident in 2021 with further momentum expected over 2022. 2021 witnessed an increase in tourist numbers into Singapore due to the Vaccinated Travel Lane scheme with other participating countries and the relaxation ... Read More
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Experiential Luxury in the US
Experiential Luxury in the US By mid-2022, most US states had dropped COVID-19-related restrictions, with several putting limits on vaccine mandates. As consumers have gradually returned to their pre-pandemic lives throughout 2022, experiential luxury is set to register another step forward towards ... Read More
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Travel: Quarterly Statement Q2 2022
Travel: Quarterly Statement Q2 2022 The Travel Quarterly Statement for Q2 2022 shows a mixed picture for global travel and tourism. On the one hand, there is immense consumer demand as more travel restrictions ease, so much so that supply cannot match it due to challenges such as labour shortages. R ... Read More
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The UK Cities Review
The UK Cities Review London, Bristol and Edinburgh are the UK’s most economically vibrant cities. The cities’ economic strength is partially supported by elevated consumer expenditure and extensive digitalisation. Nevertheless, Birmingham holds the greatest potential for future economic growth. Howe ... Read More
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Evolution of Physical Space in Hospitality
Evolution of Physical Space in Hospitality Physical spaces are evolving amid the impact of the global pandemic on consumer lifestyles, business models and workplace alongside the influence of digital transformation. They embrace flexibility and functionality to enhance consumer experience and mitiga ... Read More
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Voice of the Industry: Travel Survey – Facing New Challenges
Voice of the Industry: Travel Survey – Facing New Challenges The Voice of the Industry: Travel Survey reveals that inflation is the hot topic that is impacting travel businesses, leading to costs being passed onto consumers. Investment in growing the brand and business, along with improving the cust ... Read More
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Top 100 City Destinations Index 2021
Top 100 City Destinations Index 2021 Smart cities are expected to spearhead urban development, as they rally their resources towards digitising and integrating innovative city operations. Key trends in urbanisation are likely to stem from sustainability-centric consumer demand, alternative mobility ... Read More
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Global Overview of the Hotel and Restaurant Industry
Global Overview of the Hotel and Restaurant Industry This briefing examines how the hotels and restaurants industry performs globally and in the largest countries in terms of hotels and restaurants output. The report also provides data for production, market size, imports, exports, industry costs, i ... Read More
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Climate Action in Travel and Tourism: Less Talk, More Action
Climate Action in Travel and Tourism: Less Talk, More Action Travel and tourism creates as much as 8% of the world’s carbon emissions, with calls for “a little less conversation, a little more action” when it comes to the sector’s engagement with the climate, despite progress made since the pandemic ... Read More
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Evolution of Physical Space in Retail and Hospitality
Evolution of Physical Space in Retail and Hospitality Physical space has been undergoing drastic changes as a result of the huge shift towards e-commerce, adoption of new technology as well as the impact of the global pandemic. Re-thinking space and building layouts, providing touchless payment or r ... Read More
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Luxury Hotels in Germany
Luxury Hotels in Germany Luxury hotels saw a considerably different performance in 2021 when compared with 2020. While in 2020, as the pandemic spread rapidly through the country, there were hard lockdowns and overall restrictions during most of the year, in 2021 there was a softening of these restr ... Read More
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New Frontier Markets - The Forefront of Tourism Recovery
New Frontier Markets - The Forefront of Tourism Recovery New frontier markets are highly dependent on tourism and lead the rebound post pandemic as consumers seek new places to explore. However, often they are at the forefront of the existential threats posed by climate change - from Fiji to the Mal ... Read More
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Sustainable Travel Index: Accelerating Momentum for Change
Sustainable Travel Index: Accelerating Momentum for Change Euromonitor International’s Sustainable Travel Index shines a light on countries’ performance in delivering sustainable tourism, across seven key pillars. Europe continues to lead the charge, taking the top 20 positions in the ranking, whils ... Read More
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Luxury Hotels in South Africa
Luxury Hotels in South Africa The emergence of the pandemic in South Africa led to double-digit declines for luxury hotels in 2020, followed by a further drop in sales in 2021. Interprovincial and international restrictions due to various lockdowns to stop the spread of the virus, and the emergence ... Read More
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Luxury Hotels in Japan
Luxury Hotels in Japan Although the entire hospitality industry, including luxury hotels, endured 2020 with hopes for strong recovery of inbound tourism in 2021 due to the postponement of the Tokyo Olympic and Paralympic Games, this never came to fruition, as the Games were held with no audience. Th ... Read More
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Luxury Hotels in Brazil
Luxury Hotels in Brazil Luxury hotels suffered a strong impact with the drastic reduction in the flows of international tourists. For the first time in 97 years, Copacabana Palace, the most emblematic of Brazilian luxury hotels, temporarily closed its doors in 2020 due to the COVID-19 pandemic. Dome ... Read More
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Luxury Hotels in Switzerland
Luxury Hotels in Switzerland Luxury hotels was the most heavily impacted category within luxury goods in 2020. Value sales more than halved over the course of the year, despite the government’s efforts to relax restrictions on travel and reopen the economy. The single biggest factor in this decline ... Read More
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