Chart of the Month: Understanding Consumer Trends in Vacation Planning
Paula Ferolla
Understanding consumer behaviour is crucial for travel and tourism players to tailor services, identify emerging trends and adapt to market shifts. From airline to lodging and attraction companies, businesses are evolving in sustainable and digital transformation, and adopting Generative AI.
世界一の「一人旅」国、日本。コロナ禍で一人旅への見方が大きく変化
Euromonitor International
ユーロモニターは、世界各国を対象に実施した消費者調査から、日本と、日本へのインバウンド客の８割以上を占めるアジア太平洋地域の旅行者の最新トレンドを発表しました。当社が実施した「ボイス・オブ・ザ・コンシューマー：ライフスタイルサーベイ」2024年版によると、一人旅をすると答えた人の割合は、調査対象国39か国中、日本が一番大きいことが判明しました。
FinTech Transformation Across Key Travel Verticals
David Zhang
Amid post-pandemic recovery, travel firms have been competing for share of wallets, but many have been trapped by manual operations and cumbersome payment. Financial experience impacts overall customer satisfaction, so partnerships should be formed between travel firms and fintechs to transform internal and external processes, catching the 8% CAGR (2023-2028) opportunities in the USD1.6 trillion world market in airlines, surface transport and attractions.
Reimagining Tourism: Top Three Travel Trends in Asia Pacific 2024
Caroline Bremner
Asia Pacific (APAC) tourism continues to flourish following the reopening of borders. Destinations and travel players are greeting the new faces of post-pandemic travellers, shifting attention from driving volume recovery to value creation for a sustainable future.
World Travel Market Africa
Christy Tawii
At WTM Africa, everyone belongs. We cultivate a culture of inclusion at all our events, where the very things that make each of us unique are celebrated.
Airline and Hotel Acquisitions Threaten to Increase US Travel Prices in 2024
Alex Jarman
The US travel market is facing significant consolidation in 2024. Currently, there are three major M&A stores in the US travel industry: Jet Blue/Spirit, Alaska/Hawaiian, and Choice/Wyndham. This post-pandemic rush of acquisitions mirrors the consolidation of the US airline industry following the 2008 recession. While travel companies may paint these as beneficial to consumers, the most likely consequence will be higher prices for US travellers.
ITB Berlin 2024
Caroline Bremner
Post-pandemic Luxury Travel demand is reaching record highs. Growth rates, price points, occupancies – across its various segments Luxury Travel is outperforming the market.
2023’s Top 100 City Destinations Ranking: Triumphs and Turmoil Uncovered
Nadejda Popova
Euromonitor International’s Top 100 City Destinations Index 2023 uncovers the leading city players which have improved their economic and business activity, support thriving tourism infrastructure and performance, and show great potential for investment and operation amid increased overtourism, disruptive technology and increased need for sustainable actions. This report explores areas of innovation embraced by cities as they fight geopolitical tensions and rising costs of living.
Middle East and Africa Duty Free Association
Christy Tawii
This topic explores the invaluable realm of consumer insights in tracking the behaviour and preferences of post-Covid Middle East and Africa (MEA) travellers.