Latin America’s travel market experienced a second year of strong double-digit growth in 2022, as gross bookings climbed 37% to $48.2 billion, largely driven by domestic and intra-regional travel. As a mobile-first market, Latin America is positioned to see higher online penetration in several segments. Overall market recovery is expected for 2023, though global economic and political concerns may impact longer-term consumer travel trends.

Analysts: Carolina Sass de Haro, Karen BurkaTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Tours & PackagesRegion: Latin AmericaResearch Type: Report

Read More

This data sheet provides quick and easy access to updated Middle East travel market sizing data and projections from 2019-2026, including online and total markets, segments and key distribution channels.

Analysts: Shadi Kaddoura, Coney DongreTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel AgenciesRegion: Middle East & AfricaResearch Type: Market Data Sheet

Read More

This data sheet provides quick and easy access to Latin America travel market sizing data and projections from 2019-2026, including online and total markets, segments and key distribution channels.

Analysts: Carolina Sass de Haro, Coney DongreTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Tours & PackagesRegion: Latin AmericaResearch Type: Market Data Sheet

Read More

Phocuswright’s Europe Consumer Travel Report 2023 series provides a snapshot of Europeans’ recent behavior and sentiment regarding travel in the post-pandemic environment. Based on a comprehensive survey of European (French, German, Italian, Spanish, British) leisure travelers, this collection of reports provides a range of data and analysis on the European consumer travel market. Each country-focused report in this series examines core consumer metrics, the travel shopping and booking experience, key travel product consumption and more.

Analysts: Chris Thompson, Alicia SchmidTopic: Consumer TrendsSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel AgenciesRegion: EuropeResearch Type: Report

Read More

In the U.K., despite challenging market conditions, travel and tourism remain a high priority purchase for consumers. In fact, travel incidence has exceeded pre-pandemic levels for the British market. This report, based on a comprehensive survey of U.K. travelers and those who planned future travel, explores U.K. consumers’ trip-planning and purchasing behavior, and their attitudes toward travel in 2023 and beyond.

Analysts: Chris Thompson, Alicia SchmidTopic: Consumer TrendsSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Tours & PackagesRegion: EuropeResearch Type: Report

Read More

Changes were afoot for the Asia Pacific travel market in 2022-23. Some country markets continued to struggle in 2022, but most of the region experienced a solid post-pandemic rebound, which gained strength in 2023. Full recovery to pre-pandemic revenue levels will still take some time, as recovery continues and economic uncertainty looms. This report provides comprehensive market sizing and projections for the Asia Pacific travel industry from 2019-2026, including analysis of key segments, country-level share and trends, distribution dynamics and more.

Analyst: Coney DongreTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, RailRegion: Asia PacificResearch Type: Report

Read More

This report provides comprehensive market sizing and projections for the China travel industry from 2019-2026, including analysis of key segments, country-level share and trends, distribution dynamics and more.

Analyst: Gary BowermanTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, RailRegion: Asia PacificResearch Type: Report

Read More

This data sheet provides quick and easy access to updated China travel market sizing data and projections from 2019-2026, including online and total markets, segments and key distribution channels.

Analysts: Gary Bowerman, Coney DongreTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, RailRegion: Asia PacificResearch Type: Market Data Sheet

Read More

The notion that different passengers pay different prices for the same flight has been engrained into travelers’ psyches for a long time; airline pricing has long been considered complicated from the consumer’s perspective. In 2020, the concept of continuous pricing was introduced, and its capability is partly facilitated by IATA’s NDC. Gone is the reliance on fare buckets/seat classes as customers’ only options. How this personalization of airline seats and additional services into customizable bundles impacts consumer habits and opinions is yet to be seen. Nevertheless, the technology shows potential for greater innovation, and – with that – significant market disruption/shake up. This article addresses recent developments in dynamic, continuous pricing models and bundles for air tickets, with a focus on the potential impact for both consumers and industry stakeholders.

Analyst: Norm RoseTopic: Technology InnovationSegment: AirRegions: Europe, U.S. & CanadaResearch Type: Article

Read More

With pandemic concerns in the rearview, the U.S. travel market experienced a bounce back in 2022. In reality, recovery varied wildly by segment. Despite concerns over staffing, supply chain and economic hardships, travelers eagerly returned to their favorite leisure activity. Gross bookings finally surpassed 2019 totals in 2022 in the United States, for the first time since the pandemic’s onset.

Analyst: Coney DongreTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Cruise, Hotels & Lodging, Online Travel Agencies, Rail, Tours & PackagesRegion: U.S. & CanadaResearch Type: Report

Read More