Category: Travel Services
Travel Services market research reports by Euromonitor International
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Mexico Travel
Travel in Mexico By the end of 2023, Mexico led Latin America in tourism's contribution to national GDP, accounting for 28.5% of the total, according to the World Travel and Tourism Council. This positioned Mexico as a leading tourist power and highlighted its significant potential. In 2024, tourism ... Read More
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Italy Travel
Travel in Italy Travel is set to perform very well in Italy in 2024, with increasing trends for inbound and domestic tourism, and also a positive performance for outbound travel. Italians, as well as people abroad, are willing to travel, and indeed consider it a priority; consequently, most destinat ... Read More
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France Travel
Travel in France 2024 has been an excellent year for travel in France with strong growth in inbound arrivals, and domestic and outbound flows. This has been supported by major events such as the 80th Anniversary of the Normandy landings in June and the Paris Olympics in July. Physical spectators in ... Read More
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South Korea Booking
Booking in South Korea Online travel agencies (OTAs) is evolving in South Korea, as major platform companies such as Naver and Kakao enter the space. OTAs are expanding their services, offering not only travel reservations, but also accommodation and check-out services online. As a result, sales are ... Read More
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Chile Booking
Booking in Chile Since the pandemic, there has been a notable shift in how travellers book international trips. Increasingly, they are turning to intermediaries, particularly travel agencies, due to the challenges they faced during the pandemic. This period saw many flights and hotel reservations ca ... Read More
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Hong Kong, China Booking
Booking in Hong Kong, China In the dynamic landscape of Hong Kong's booking sector, the convergence of tech-savvy consumers and a high fixed-cost business environment has catalysed a significant shift towards online booking platforms. This transformation, accentuated by the seismic disruptions cause ... Read More
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The United Arab Emirates Travel
Travel in the United Arab Emirates The travel industry in the United Arab Emirates is experiencing robust growth in 2024, driven by a resurgence in global travel demand, particularly in the Meetings, Incentives, Conferences, and Exhibitions (MICE) sector. The United Arab Emirates, especially Dubai a ... Read More
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Saudi Arabia Travel
Travel in Saudi Arabia Amidst Vision 2030's ambitious goals to elevate tourism to a core economic sector, travel in Saudi Arabia is projected to see strong development and growth across categories in 2024. Strategic infrastructure investments, including the launch of Riyadh Air, and the expansion of ... Read More
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Japan Travel
Travel in Japan In 2024, travel-related services are flourishing, and inbound arrivals to Japan are expected to completely recover to the 2019 level,. Supporting growth, shopping convenience has improved, cashless payments have been introduced, and preparations for a continued increase in tourism ar ... Read More
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Australia Travel
Travel in Australia In 2024, travel in Australia continues to experience a strong recovery in inbound arrival numbers, particularly for leisure purposes. The growth in domestic trips slowed in 2023, with this trend continuing in 2024, as travel restrictions lifted and Australians showed a strong int ... Read More
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Mexico Booking
Booking in Mexico In Mexico, the leading four booking companies comprise 22% share of sales within travel intermediaries: Servicios Booking.com SA de CV, Despegar.com México SA de CV, Expedia México S de RL de CV and Price Res SAPI de CV (Price Travel). Growth in this space is led by online sales, a ... Read More
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Austria Booking
Booking in Austria Booking in Austria saw strong customer demand for advice from travel operators in the wake of the Coronavirus (COVID-19) pandemic. However, in the post-pandemic period, previous booking trends have largely been resumed and the triumph of online bookings has been confirmed. Operati ... Read More
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The US Booking
Booking in the US Although inflation-tired consumers are looking for ways to save money, many have seemed unwilling to give up their travel experiences. While still wanting to travel, consumers are therefore looking for value. While a small group of consumers have shifted from international trips to ... Read More
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Singapore Booking
Booking in Singapore In 2023, there was increased demand for booking tours by international travellers, supported by initiatives such as the SingapoRewards programme, which allowed international visitors to try one complimentary experience from a list of almost 40 new or off-the-beaten-path experien ... Read More
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Vietnam Booking
Booking in Vietnam In 2024, booking is set to grow strongly in current value terms in Vietnam, due to the rise of outbound departures, as a result of the government’s efforts to cooperate with key markets such as South Korea, Japan, China, and Thailand to promote tourism. According to these agreemen ... Read More
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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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