Category: Travel Services
Travel Services market research reports by Euromonitor International
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New Zealand Tourism Flows
Tourism Flows in New Zealand Despite the significant cost-of-living pressures and rising travel costs, outbound tourism from New Zealand continues to flourish, defying expectations and reaching unprecedented levels in early 2024. Data from Statistics New Zealand highlights that in January 2024, the ... Read More
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The Philippines Tourism Flows
Tourism Flows in the Philippines Inbound arrivals in the Philippines shows healthy double-digit growth in 2024, as the travel industry normalises after the disruptions created by the pandemic and the following rebound in global mobility. However, a full recovery to pre-pandemic inbound arrival level ... Read More
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Kenya Tourism Flows
Tourism Flows in Kenya In 2024, tourism flows in Kenya are expected to recover to pre-pandemic levels, in terms of inbound arrivals, outbound departures and domestic tourism. Domestic tourism is supported by government and private sector initiatives such as discounted packages and special offers. In ... Read More
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Spain Travel
Travel in Spain However, the popularity of Spain as an inbound destination has also led to renewed concerns about “overtourism” in the country, whereby the local Spanish people express displeasure about high numbers of visitors. These concerns tend to be localised in the regions with high tourism de ... Read More
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South Korea Travel
Travel in South Korea The number of outbound departures from South Korea is set to continue to rise in 2024, drawing closer to the pre-pandemic level. One factor driving growth is that the travel payments landscape for South Korean outbound travellers has experienced significant growth in recent yea ... Read More
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The United Arab Emirates Booking
Booking in the United Arab Emirates Booking.com BV stands as the leading travel intermediary in the United Arab Emirates, commanding a strong presence in the local market. Following closely behind, SNTTA Emir Tours continues to hold a significant position, being one of the oldest and most trusted pl ... Read More
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Brazil Booking
Booking in Brazil 123 Milhas is an online travel agency that offers air tickets, lodging, and other travel services, such as packages, travel insurance, and car rental. In 2023, the company suspended its flexible date packages and air ticket issuance, known as “Promo”, which typically offered below- ... Read More
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Colombia Booking
Booking in Colombia During 2023 and 2024, there has been a noticeable increase in customers searching for destinations such as La Macarena Meta, Providencia, Tolú Sucre, Nuquí Chocó, and Buenaventura in Valle del Cauca. This trend indicates a shift towards new, undiscovered destinations that allow t ... Read More
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Japan Booking
Booking in Japan The convenience of online booking has led to its continued growth, and this trend is expected to be maintained in 2024. However, the risks associated with booking online cannot be ignored. As the number of overseas travellers has been surging along with the end of the pandemic, prob ... Read More
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Spain Booking
Booking in Spain Booking in Spain continues to benefit from the rebound in tourism in 2024, with both online and offline travel intermediaries seeing a healthy performance. That said, online sales are stronger than offline, as consumers have become accustomed to the convenience which e-commerce and ... Read More
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Thailand Booking
Booking in Thailand Already recovering to pre-pandemic levels the previous year, across both travel intermediaries and direct suppliers, value sales of booking in Thailand continue to record healthy growth in 2024. While Agoda, Traveloka and Booking.com continue to lead online travel agencies (OTAs) ... Read More
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Australia Lodging (Destination)
Lodging (Destination) in Australia Retail value sales of lodging in Australia continue to increase in 2024, albeit at a slower rate following three consecutive years of double-digit growth, resulting in a full recovery to pre-pandemic levels in 2023. This is being driven by international tourists, a ... Read More
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Malaysia Lodging (Destination)
Lodging (Destination) in Malaysia Lodging (destination) is set to see strong current value growth in Malaysia in 2024. The hotel industry is experiencing a welcome rebound, fuelled by pent-up travel demand and reopened borders. However, it faces a number of challenges as it looks to adapt to a rapid ... Read More
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The United Arab Emirates Tourism Flows
Tourism Flows in the United Arab Emirates The United Arab Emirates is experiencing a significant boost to tourism flows through the surging Meetings, Incentives, Conferences, and Exhibitions (MICE) sector in 2024. Renowned as a major destination for MICE tourism, the perceived safe and secure enviro ... Read More
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Thailand Lodging (Destination)
Lodging (Destination) in Thailand Lodging in Thailand continues to gain momentum post-pandemic, with occupancy rates fully recovering and a consistent increase in average daily room rates driven by rising demand from the revival of tourism. The overall occupancy rate has rebounded to pre-pandemic le ... Read More
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Chile Lodging (Destination)
Lodging (Destination) in Chile Following a significant downturn due to the impact of COVID-19, hotels in Chile experienced a remarkable recovery in 2023. The category ended 2022 with considerable improvements, approaching pre-pandemic levels in terms of value sales, and this positive momentum contin ... Read More
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France Tourism Flows
Tourism Flows in France The 2024 Paris Olympic Games is expected to have a positive impact on inbound and domestic tourism flows in 2024. They expect the event to have a more significant effect than when it hosted the 1998 FIFA World Cup, with the Olympics having an estimated four billion global vie ... Read More
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Indonesia Tourism Flows
Tourism Flows in Indonesia Inbound tourism is seeing strong double-digit growth in Indonesia in 2024, although this performance is slowing down and stabilising compared to the post-pandemic travel and tourism rebound seen in the recent review period. It is also noted that the industry has yet to rea ... Read More
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Italy Lodging (Destination)
Lodging (Destination) in Italy Lodging in Italy is set to perform very well in 2024, with a continued growth trend in terms of current value sales for all types of lodging. Also, the number of hotels is expected to continue to grow, together with the number of rooms and occupancy rates. The ADR has ... Read More
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Saudi Arabia Tourism Flows
Tourism Flows in Saudi Arabia Tourism flows in Saudi Arabia are evolving beyond a traditional reliance on religious tourism. This is in line with the government's efforts to diversify its economy as part of Vision 2030. A substantial investment in travel and tourism infrastructure is driving consist ... Read More
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Saudi Arabia Lodging (Destination)
Lodging (Destination) in Saudi Arabia Lodging in Saudi Arabia continues to see positive development and growth in 2024. Hotel occupancy rates and room availability are increasing as a result of a strong pipeline of new hotels. In terms of hotel room construction, Saudi Arabia leads the Middle East a ... Read More
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Chile Tourism Flows
Tourism Flows in Chile Argentina and Chile, neighbouring countries sharing a 5,308 km border, experience a high flow of tourists crossing between them, influenced by the strength of their respective currencies against the dollar. When the exchange rate is low, Argentina becomes a very affordable des ... Read More
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South Korea Tourism Flows
Tourism Flows in South Korea The number of outbound departures from South Korea is set to continue to rise in 2024, moving closer to the pre-pandemic level. One factor driving growth is that the travel payments landscape for South Korean outbound travellers has witnessed rapid growth, fuelled by fie ... Read More
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Spain Lodging (Destination)
Lodging (Destination) in Spain Lodging (destination) in Spain is benefitting from demand created by the resurgence of travel overall in 2024. Whilst levels of growth in travel have slowed down since the immediate post-pandemic rebound, Spanish hotels continue to see demand from both local and intern ... Read More
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Vietnam Tourism Flows
Tourism Flows in Vietnam In 2024, Vietnam is set to experience a significant rise in inbound arrivals. In addition to continued recovery after the pandemic, this can be attributed to the government’s implementation of policies aimed at attracting more foreign tourists. These policies include favoura ... Read More
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