Category: Travel Services
Travel Services market research reports by Euromonitor International
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Austria Travel
Travel in Austria Travel in Austria continues to recover strongly in the post-Coronavirus (COVID-19) pandemic period. In 2024, inbound and outbound tourism flows are projected to exceed the 2019 pre-pandemic levels, while the number of domestic trips is close to returning to the 2019 level. In addit ... Read More
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Chile Travel
Travel in Chile Travel and tourism in Chile is experiencing a remarkable resurgence post-pandemic. This revitalisation is attributed to a resurgence in leisure and business travel, fuelled by strategic initiatives such as the ""Meet in Chile"" programme, which has positioned the country as a premier ... Read More
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Malaysia Travel
Travel in Malaysia Tourism in Malaysia is on a strong upswing in 2024. Malaysia's travel industry is enjoying a positive recovery, with several factors influencing its ongoing development. The full return of travellers from China would be a game changer, but current restrictions continue to impede r ... Read More
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Franceb Booking
Booking in France Travel in France, including traditional and online travel agencies and tour operators, saw significant growth in 2023 with a significant increase in sales compared to 2022 as consumers adjusted to life in the new post-pandemic period. 2024 is likely to be an even better year for tr ... Read More
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Austria Lodging (Destination)
Lodging (Destination) in Austria Lodging in Austria remains on the up at the end of the review period. In 2024, the total number of room nights in hotels in Austria is finally expected to exceed the 2019 pre-Coronavirus (COVID-19) pandemic level. Business trips and long-distance travel are still sli ... Read More
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Argentina Lodging (Destination)
Lodging (Destination) in Argentina While there are significant opportunities for luxury hotels across Argentina, given their relative scarcity, the number of these lodgings has not increased significantly due to ongoing economic instability, which deters companies from making the substantial investm ... Read More
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Argentina Tourism Flows
Tourism Flows in Argentina Fluctuations in the exchange rate play a crucial role in shaping Argentina's competitiveness and attractiveness as a tourist destination for international visitors. When the local currency depreciates against the US dollar, it becomes more affordable for tourists from othe ... Read More
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Thailand Tourism Flows
Tourism Flows in Thailand Despite three consecutive years of strong volume growth, the number of inbound arrivals to Thailand remained below pre-pandemic levels in the first half of 2024, primarily due to the slow recovery of Chinese tourists. The number of inbound arrivals from mainland China has f ... Read More
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South Korea Lodging (Destination)
Lodging (Destination) in South Korea The changing landscape of inbound tourism is set to impact hotels in South Korea. Traditionally focused on group tourists in Seoul and Jeju, hotels are now shifting towards individual travel, driven by the lifting of travel bans and pandemic restrictions. This mo ... Read More
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Hong Kong, China Lodging (Destination)
Lodging (Destination) in Hong Kong, China The slow recovery of long-haul visitors to Hong Kong has been a significant hurdle for upscale and luxury hotels that traditionally cater for this segment. These visitors, known for longer stays and higher spending, have been notably absent, impacting the re ... Read More
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Italy Booking
Booking in Italy Overall booking in Italy is set to see a positive performance in 2024, with a strong increase in current value sales thanks to rising travel flows, which are positively impacting booking. Leisure travel booking is set to see double-digit value growth, while at the same time business ... Read More
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Colombia Tourism Flows
Tourism Flows in Colombia In 2023, Colombia witnessed a historic surge in tourist arrivals, marking a pivotal moment for the country's tourism sector. This surge was attributed to the unprecedented influx of non-resident visitors, leading to increased expenditure across sectors associated with the t ... Read More
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Australia Tourism Flows
Tourism Flows in Australia Travel and tourism in Australia continues to experience a broad recovery, with inbound arrivals sitting just below pre-pandemic levels in the first half of the year. A key driver of this recovery is the higher number of travellers visiting Australia for holidays compared t ... Read More
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Indonesia Booking
Booking in Indonesia Booking is enjoying a positive performance in Indonesia in 2024, with online intermediaries in particular seeing robust sales and with “flash sale” promotional events used as a key strategy. On the other hand, offline operators find themselves struggling somewhat midst the rise ... Read More
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Austria Tourism Flows
Tourism Flows in Austria In 2024, inbound tourism flows in Austria are projected to be stronger than the pre-Coronavirus (COVID-19) pandemic level in 2019. Outbound trips are also expected to be higher, while domestic trips are almost in line with the 2019 level. Austria primarily benefits from its ... Read More
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The US Tourism Flows
Tourism Flows in the US The continued recovery of business travel has been important in the overall growth of the travel industry in the US in 2024. While the return of business travel in the US has been slower than many would have hoped, continued growth points towards recovery. The environment rem ... Read More
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Australia Booking
Booking in Australia Retail value sales of booking in Australia continue to record double-digit growth in 2024, following a full recovery to pre-pandemic levels the previous year, fuelled by a surge in ""revenge travel."" Despite the pressures of the high cost of living, consumers show little hesita ... Read More
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Singapore Lodging (Destination)
Lodging (Destination) in Singapore Singapore’s travel industry is currently experiencing notable recovery from the pandemic-induced decline, with inbound arrivals set to recover to nearly the pre-pandemic level in 2024. This recovery is also leading to significant progress in value sales across vari ... Read More
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Mexico Lodging (Destination)
Lodging (Destination) in Mexico An increase in energy and labour costs, in addition to fluctuations in the exchange rate with respect to the US dollar, has challenged lodging operators in Mexico to maintain profitability, while also facing a greater room offer and thus competition. Large hotel chain ... Read More
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The US Lodging (Destination)
Lodging (Destination) in the US While the cost of living remains high for US consumers, as do ADRs across hotels, luxury and upscale hotel brands have been performing well. In fact, they are far outperforming the budget segment, even though it would be expected that many consumers would be looking f ... Read More
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Japan Tourism Flows
Tourism Flows in Japan Inbound tourism experienced a boom in arrivals and current value sales from 2022, which is set to continue in 2024, and surpass the pre-COVID-19 (2019) level for the first time, largely propelled by the return of Chinese tourists. There is significant interest amongst mainland ... Read More
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The United Arab Emirates Lodging (Destination)
Lodging (Destination) in the United Arab Emirates The luxury hotel segment in the United Arab Emirates is recording significant growth, with an increasing number of new high-end properties being developed. This trend aligns with the position of the United Arab Emirates as a global luxury destination ... Read More
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Italy Tourism Flows
Tourism Flows in Italy Tourism flows in Italy are set to perform well in 2024, continuing their growth trend and overtaking the pre-pandemic (2019) figures in terms of number of trips and value sales for inbound, domestic, and outbound travel. Amongst inbound and domestic flows, Millennials represen ... Read More
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Hong Kong, China Travel
Travel in Hong Kong, China 2024 is a year of repositioning for Hong Kong as a destination. The Hong Kong travel industry is experiencing a nuanced recovery post-pandemic, with inbound tourism gradually returning to pre-pandemic levels. Notably, China, a key source market that is expected to contribu ... Read More
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Indonesia Travel
Travel in Indonesia The travel industry in Indonesia maintains healthy growth in 2024, albeit at lower and more stable levels than seen during the immediate post-pandemic rebound, when growth figures spiked. Overall inbound tourism continues its recovery, in line with international travel trends. In ... Read More
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