Category: Travel Services
Asia Travel Services
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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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Travel in Belgium
... in 2023, compared with the 2019 pre-Coronavirus (COVID-19) level. This performance is mainly impacted by the slow recovery of business travel, as companies economise by continuing with virtual meetings and conferences and try to reduce ... Read More
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Travel in Japan
... of changes in consumers’ perception of and behaviour towards travel, which has been a major driving force for recovery, especially for domestic travel and inbound tourism. For domestic travel, the lowering of the categorisation of ... Read More
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Travel in China
... domestic tourism, volume is predicted to recover faster than expenditure, which will be driven mostly by a slowdown in economic growth, but also by a low in consumer confidence, meaning greater trading down for travel ... Read More
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Tourism Flows in Malaysia
... remain well below pre-pandemic levels, in terms of number of trips. Malaysia continues to face several challenges in driving the recovery of its travel industry. This includes challenges related to Russia’s invasion of Ukraine which ... Read More
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Travel in Malaysia
... travel thanks to the lifting of restrictions and COVID-19 related entry requirements. Nonetheless, inbound arrivals and outbound departures remain well below pre-pandemic levels despite the significant recovery seen in 2022 and 2023. Euromonitor International's Travel ... Read More
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Tourism Flows in Japan
... deregulation, but also in terms of changes in consumers’ perception of and behaviour towards travel overall, which has been a major driving force for recovery. Euromonitor International's Tourism Flows in Japan report offers a comprehensive ... Read More
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Russia Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027
... 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The hotels & motels industry consists of establishments that provide paid ... Read More
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Philippines Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027
... 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The hotels & motels industry consists of ... Read More
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South Korea Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027
... and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The hotels & motels industry ... Read More
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