Category: Travel Services
Travel Services market research reports by Euromonitor International
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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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Brazil Tourism Flows
Tourism Flows in Brazil Travel in Brazil in 2023 was marked by robust growth and resilience, reflecting the country’s positive economic outlook compared with previous years, and the complete end of the COVID-19 pandemic. The unemployment rate was declining, inflation slowed down, and GDP grew. On th ... Read More
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Brazil Lodging (Destination)
Lodging (Destination) in Brazil The lodging landscape in Brazil in 2024 is marked by recovery, with improvements seen in several key cities, including major capitals such as São Paulo, Rio de Janeiro, Brasília, Curitiba, Belo Horizonte, Salvador, Porto Alegre, Recife, Fortaleza, and Manaus. The numb ... Read More
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Vietnam Travel
Travel in Vietnam In 2024, Vietnam has implemented measures to promote domestic tourism, and to attract international tourists. Examples include the expansion of visa exemption, a successful tourism promotion programme, the launch of new tourist products related to culture and heritage, sports event ... Read More
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Argentina Travel
Travel in Argentina Tourism in Argentina can vary greatly from year to year based on the value of the peso against the dollar. When the exchange rate is very low, Argentina becomes a very affordable destination for international tourism, a situation primarily taken advantage of by those from neighbo ... Read More
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Brazil Travel
Travel in Brazil Travel in Brazil in 2024 has been marked by growth and the resilience of the industry, reflecting the country’s more positive economic outlook compared with previous years. The unemployment rate is decreasing, inflation is more controlled, and the estimated GDP growth in 2024 is pos ... Read More
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Thailand Travel
Travel in Thailand Over the first half of 2024, Thailand's inbound arrivals had yet to reach pre-pandemic levels, primarily due to the slow recovery of Chinese tourism, which traditionally is a strong source market. Visitors from China remain significantly below 2019 levels, and are not expected to ... Read More
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Colombia Travel
Travel in Colombia Colombia is an established player in the global travel industry, having become a premier tourist destination. In 2023, it achieved the sixth position worldwide for international tourist arrivals, being the second most visited country in Latin America, after South America. Followin ... Read More
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Hong Kong, China Tourism Flows
Tourism Flows in Hong Kong, China In 2024, travel in Hong Kong is set to maintain its upward trajectory throughout the year, with inbound arrivals continuing to recover, driven by primary source market, mainland China. The reliance on Chinese tourists is intensifying, marking a significant shift fro ... Read More
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Indonesia Lodging (Destination)
Lodging (Destination) in Indonesia Lodging (destination) maintains a positive performance in Indonesia in 2024, with healthy hotel occupancy rates. That said, the sector continues its ongoing recovery in line with travel and tourism stabilisation in general, following the disruptors of the pandemic ... Read More
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The US Travel
Travel in the US Continued strong consumer demand for travel in the US in 2024 is allowing the industry to fight back against difficult economic conditions, but travel companies have had to adjust to shifting consumer expectations. The experience of US consumers in relation to their travel desires h ... Read More
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