Category: Travel & Leisure
Asia Travel & Leisure
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Tourism Flows in Taiwan
... major countries within Europe, North America, Oceania and Asia Pacific, which provided a significant boost to the number of international visitors. Industry sources recorded a boom in demand during the Lunar New Year holiday, which ... Read More
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Booking in Taiwan
... the most popular destination for Taiwanese consumers, with the weakening of the Yen making it an even more attractive prospect, after two years of being closed to visitors. Despite the inflationary pressures, travelling to Japan ... Read More
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Booking in South Korea
... businesses beyond this sector to include different travel modes and international bookings. Euromonitor International's Booking in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. ... Read More
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Travel in South Korea
... 2023 have also been spending considerable sums of money, evidence of pent-up demand for new experiences and indulgence as a result of prolonged home seclusion. This surge in demand is attributed to the reopening of ... Read More
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Travel in Taiwan
... all COVID-19-related entry restrictions in October 2022, the number of international tourists gradually increased. Industry sources recorded a boom in demand during the Lunar New Year holiday, which fell at the end of January 2023. ... Read More
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Lodging (Destination) in Vietnam
... taking care of their mental wellbeing. Recognising this emerging trend, lodging firms have collaborated closely with travel intermediaries to introduce a range of new products focused on wellness and mental healing, specifically designed for short-duration ... Read More
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Travel in Vietnam
... Decision No. 405/QD-BVHTTDL, which issued the Ministry of Culture, Sports, and Tourism's Digital Transformation Plan from 2023 to 2030. The purpose of this plan is to prioritise sustainable tourism development and restructure the tourism industry ... Read More
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Booking in Thailand
... accounted for more than two thirds of retail constant value sales. Online travel agencies (OTAs) improved their services, in order to take advantage of the expanding range of travel opportunities available. Euromonitor International's Booking in ... Read More
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Lodging (Destination) in Hong Kong, China
... contributed to the recovery of hotels, and thus lodging. However, there has been uneven recovery for hotels in Hong Kong, in which the premium segment (luxury hotels and upscale hotels) is showing the fastest recovery, ... Read More
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Booking in Hong Kong, China
... International’s Voice of the Consumer: Lifestyles survey 2023, 23% of global consumers say more of their everyday activities will shift to online platforms. Online travel agencies (OTAs) are becoming amongst the most popular booking choices. ... Read More
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Tourism Flows in China
... Subsequently, international travel has resumed to and from China, which had been put on hold during the pandemic. Domestic travel, which had also been devastated due to repeated lockdowns and stringent mobility restrictions, is notably ... Read More
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Travel in Hong Kong, China
... last quarter of 2022, and started to welcome visitors from around the world. As of February 2023, all checkpoints between Hong Kong and mainland China had been fully reopened. The Hong Kong Tourism Board has ... Read More
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Tourism Flows in Vietnam
... into Vietnam. Although the country reopened for international arrivals in 2022, foreign tourists are still required to apply for an e-visa in advance, with only 25 countries accepted for a free visa on arrival (30 ... Read More
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Lodging (Destination) in Malaysia
... mainly relying on domestic travellers which led to a slower rebound compared to other industries like retail and foodservice. The recovery is expected to be sustained throughout 2023 as foreign tourists continue to grow in ... Read More
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Booking in Malaysia
... on a smart partnership campaign to promote the country as a holiday destination of choice. The campaign ran for four months at the end of 2022 with travellers able to benefit from offers and promotions ... Read More
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Airlines in China
... could remain relatively high throughout 2023, as passenger demand recovers faster than airline capacity, particularly for international routes. Nevertheless, ticket prices may also soften in Q3 2023, given the deteriorating macroeconomic outlook, thus forcing airlines ... Read More
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Lodging (Destination) in China
... by increasing awareness of health and safety accelerated by the pandemic. In context, mid-market hotels are expected to account for close to 20% of hotel outlet numbers in China over 2023, compared to approximately 10% ... Read More
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Booking in Vietnam
... the number of Vietnamese individuals prioritising their health, actively seeking stress reduction methods, and focusing on their mental wellbeing. Recognising this emerging trend, lodging companies have closely collaborated with travel intermediaries to introduce a range ... Read More
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Tourism Flows in Thailand
... other countries in Asia-Pacific, notably China, was a key contributor to this recovery, although volumes remained below the peak recorded in 2019. China is a key source market for the Thai travel industry, having accounted ... Read More
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Lodging (Destination) in Thailand
... prices, as they were confident about attracting more international travellers. Minor Hotels, for example, hiked its average daily room rate by 15% in a bid to increase revenue and to reduce the impact of high ... Read More
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Tourism Flows in Hong Kong, China
... to more than 60% of the 2019 level in 2023, with full recovery expected in 2026. However, outbound departures are predicted to see a faster recovery, reaching 75% of the pre-pandemic level by the end ... Read More
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Booking in Japan
... an acceleration of the shift towards online booking of business travel. Traditionally in Japanese business culture, the process of booking business trips was very time-consuming, and involved paper based transactions and the involvement of various ... Read More
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Lodging (Destination) in Japan
... lifted completely early in the year, lodging in Japan has been facing difficulties meeting demand with the supply available. Rooms have been booked nearly at full capacity following the return of both domestic and inbound ... Read More
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Booking in China
... to booking travel online. However, 2023 is set to see a temporary reversal of this trend, as intermediaries redeploy bricks-and-mortar contact points. This is largely due to the fact that many physical outlets were unable ... Read More
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Travel in Thailand
... resulted in a strong recovery for the travel industry, with the number of inbound arrivals showing triple-digit growth. However, volumes remained well below pre-pandemic levels. International tourism is a significant contributor to Thailand’s GDP, generating ... Read More
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