GlobalData
European travelers to drive Gulf tourism recovery
European travellers are set to become a key source market for the Gulf region, especially Gulf Cooperation Council (GCC) countries, which will help their post-pandemic tourist industry recovery.
TUI’s ‘workation’ packages meet growing trend combining travel and remote working
TUI is turning to alternative markets such as the growing trend for a combined travel and remote working experience as it launches a new ‘workation’ package.
Trips to visit friends and family to rise by 10M by 2024 as US relaxes UK travel restrictions
The announcement that US travel restrictions for vaccinated UK residents will be relaxed from early November will be met positively by people keen to reunite with family and friends
Five most popular tourist activities in first half of 2021
Post-pandemic travel recovery has led people to head out to explore outdoors with various tourist activities, a way to address the individual mental health.
Deal-making activity in tourism sector declined by 17% during August 2021: GlobalData
A total of 57 deals comprising mergers and acquisitions (M&A), private equity and venture financing were announced in the global travel and tourism sector during August 2021, which is a decline of 17.4%
Vaccine tourism – a double-edged sword?
Vaccine tourism, where tourist hotspots are now offering COVID-19 vaccinations on holiday to attract visitors, is a double-edged sword.
European airlines must prepare for a challenging winter season
European airlines are set to face a tough winter due to the ongoing pandemic and travel confidence likely remaining suppressed.
Visiting friends and relatives will fuel travel’s recovery
A desire to reconnect with family and friends after a year of stringent lockdown measures due to COVID-19 is likely greater than a leisure getaway in 2021.
Compulsory quarantine threatens UK’s status as most visited destination for US tourists
The UK’s status as the most visited destination for US tourists in Europe is threatened by the mandatory quarantine on arrival, says GlobalData
Deal activity in the travel sector increased by 40% during June 2021
A total of 74 deals (comprising mergers and acquisitions, private equity, and venture financing deals) were announced in the global travel and tourism sector during June
Tokyo 2020 tourism legacy could create some positive impacts
Although some people are opposed to holding the Tokyo Olympics, the sporting event may have a positive impact on Japan’s tourism.
Budget hotels set to benefit from increase in price-sensitive travellers
Price is the most important factor to 47% of consumers when selecting accommodation, according to a poll by GlobalData. The
Expect longer trips post-COVID-19
Longer trips of more than 10 nights are increasingly in demand post-COVID-19, according to a poll by GlobalData.
“Holiday here, this year” fuels Australia’s domestic tourism
Strongly supported by Tourism Australia’s domestic campaign, GlobalData forecasts that domestic trips in the country will double by 2025, which is 14% growth on pre-pandemic levels.
Why you should pay attention to South Korea’s outbound tourism
South Korea may become the third-largest source market out of the APAC region going forward, according to GlobalData.
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