Category: Travel Services
Travel Services market research reports by Euromonitor International
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Portugal Travel
Travel in Portugal Expectations for travel in 2024 are high, with all indicators pointing to continuous growth, suggesting that 2024 will surpass 2023 values. Portugal's diversity, authenticity, attractiveness, safety, and commitment to sustainability are crucial factors driving the country’s increa ... Read More
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Israel Travel
Travel in Israel In 2024, travel in Israel has been strongly impacted by the Israel-Hamas War. When the war broke out in October 2023, tourist travel into Israel nearly completely stopped, while locals also stopped travelling abroad. Many locals were called into the military reserves, and were unabl ... Read More
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Egypt Booking
Booking in Egypt The travel booking sector is supported by a series of consumers and trade marketing campaigns, spearheaded by the government. The Ministry of Tourism has recently announced its participation in the 44th edition of the World Travel Market (WTM) London to be held in November 2024, wit ... Read More
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Belgium Lodging (Destination)
Lodging (Destination) in Belgium Lodging (destination) is set to see current value growth in Belgium in 2024. The sector is expected to see an increase in overall tourists (domestic and international) and an increase in overnight stays. Nevertheless, the good figures in attracting tourists and in oc ... Read More
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Portugal Tourism Flows
Tourism Flows in Portugal Despite the socioeconomic challenges currently faced, demand for both domestic destinations and outbound travel continues to grow in Portugal in 2024, reflecting an increasing appetite among consumers for travel experiences. The pandemic heightened the perceived value of tr ... Read More
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Egypt Tourism Flows
Tourism Flows in Egypt Tourism flows in Egypt continue to rise steadily in 2024, despite regional geopolitical tensions, following several years of strong recovery from the COVID-19 pandemic. Inbound arrivals fully recovered to pre-pandemic levels in 2023 and continue to expand in 2024. Germany, Rus ... Read More
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Peru Lodging (Destination)
Lodging (Destination) in Peru Lodging in Peru faced a challenging year in 2023, primarily due to social protests in the southern regions and floods in the northern areas during the first half of the year. These disruptions significantly hampered tourism, leading to a notable decline in lodging servi ... Read More
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Canada Travel
Travel in Canada Canada’s travel industry continues to see robust growth in 2024 with sales, inbound arrivals and outbound departures all set to exceed pre-pandemic levels. Despite this, a challenging economic environment and high inflation, has resulted in travel seeing slower growth in 2024 compar ... Read More
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Ecuador Booking
Booking in Ecuador Online bookings continue to gain share in Ecuador, especially with the ascendancy of Generation Z consumers, who are entering the workforce with augmented purchasing power. As this tech-savvy generation asserts its influence in the travel domain, the online channel is gathering mo ... Read More
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Peru Booking
Booking in Peru In recent years, booking services in Peru have shown significant growth, effectively recovering to pre-pandemic levels. This recovery has been primarily driven by the online sales channel, which has seen dynamic activity. Online intermediaries have not only ramped up their commercial ... Read More
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Finland Lodging (Destination)
Lodging (Destination) in Finland Lodging in Finland has seen a full recovery from the pandemic in 2024 both in terms of number of room nights and in current value terms. Value sales have been boosted by higher prices. During the pandemic consumers could benefit from discounting as lodging players di ... Read More
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Egypt Lodging (Destination)
Lodging (Destination) in Egypt As tourism flows continue to grow, the demand for unique lodging experiences is growing in Egypt. Travellers are looking for better quality options, which is driving the development of luxury hotels, such as Steigenberger Alcazar, Adrere Amellal |Siwa, The Chedi El Gou ... Read More
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Taiwan Travel
Travel in Taiwan The travel industry in Taiwan is poised for continued recovery in 2024, driven by high volumes of inbound arrivals and outbound departures of Taiwanese tourists. In June 2024, the Taiwanese government launched a new tourism brand, ""Taiwan - Waves of Wonder,"" in an attempt to boost ... Read More
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Finland Travel
Travel in Finland Inbound and outbound travel continues on the path to recovery in 2024 with the number of trips gradually moving towards pre-pandemic levels, although domestic travel remains the largest area. Many consumers continue to visit their summer cottages, friends and relatives rather than ... Read More
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The Philippines Travel
Travel in the Philippines Inbound arrivals to the Philippines are stabilising in 2024, as travel conditions normalise after the disruptions created by the pandemic and the following rebound in global mobility. That said, despite surpassing government targets in 2023, a full recovery to pre-pandemic ... Read More
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Belgium Travel
Travel in Belgium Travel continues to perform very well in Belgium in 2024. Indeed, the market is set to see a new record in sales for outbound departures during the year. The main reason for this is the changes made to school holidays in the French-speaking part of Belgium, which is still having a ... Read More
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The Philippines Lodging (Destination)
Lodging (Destination) in the Philippines The Philippines' hotel industry (lodging (destination)) is experiencing a rebound as the economy recovers, resulting in healthy double-digit growth in 2024. This is marked by increased domestic spending on staycations and travel, and the return of internation ... Read More
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Portugal Lodging (Destination)
Lodging (Destination) in Portugal The year 2023 marked a record high for Portugal's lodging industry, and all indicators suggest that 2024 will surpass this performance, with increases expected in the number of hotel establishments, room nights, and average daily rates. This continued growth undersc ... Read More
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Ecuador Travel
Travel in Ecuador Travel in Ecuador continues to recover from the harsh impact of the pandemic although inbound arrivals remain below 2019 levels. The Ecuadorian travel industry faces significant challenges from the high level of insecurity in the country. At the start of 2024, the country experienc ... Read More
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Denmark Lodging (Destination)
Lodging (Destination) in Denmark Compared to many other markets, lodging in Denmark in 2024 is showing remarkable recovery from the impact of COVID-19, having done well in navigating related hardships including inflation and labour shortages. Growth in terms of total lodging value and hotel overnigh ... Read More
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The Philippines Booking
Booking in the Philippines The Philippines travel industry anticipates double-digit growth in bookings in 2024, as seen in the data, driven by strong demand for both domestic and international trips. According to the Philippine Travel Agencies Association, the surge in foreign trips among local cons ... Read More
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Taiwan Lodging (Destination)
Lodging (Destination) in Taiwan In 2024, Taiwan's lodging sector is poised to make a full recovery, with the number of hotel room nights anticipated to surpass pre-pandemic levels. However, inflationary pressures could impact performance, as rising prices may prompt consumers to compare domestic rat ... Read More
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Ecuador Tourism Flows
Tourism Flows in Ecuador Tourism flows in Ecuador continue to recover from the pandemic in 2024. However, Ecuador has faced new security challenges in recent years due to insecurity and higher crime rates in the country. Security concerns have hampered domestic tourism to provinces where crime is pe ... Read More
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Greece Lodging (Destination)
Lodging (Destination) in Greece In 2024, in terms of lodging, city hotels in Greece continue to outperform their seasonal counterparts, driven by the resurgence of city breaks and the recovery of Business and MICE (Meetings, Incentives, Conferences, and Exhibitions) travel following the pandemic. Wh ... Read More
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Canada Lodging (Destination)
Lodging (Destination) in Canada Despite inflation showing signs of stabilisation in Canada in February and March 2024, the operational costs of hotels remain high. A key factor is labour costs with hotels having to offer higher wages and improved benefits to attract and retain staff with Canada havi ... Read More
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