This data sheet provides quick and easy access to Latin America travel market sizing data and projections from 2019-2025, 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

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When COVID lockdowns receded in early 2021, it was expected that frustrated travelers would return with a vengeance. What was unforeseen, however, was a spike in demand so rapid it would nearly break the travel ecosystem. As it turns out, ramping up a $1.4 trillion industry (as of 2019) from a near standstill is no easy task. Planes were grounded, hotels shuttered, cruise ships docked. But the pains of restarting hit travel’s most important asset the most: its people. More vital than ever before, various tech developments and enhancements may end up saving the day. This article discusses some of the main challenges faced by the air and hotel segments in restarting and revamping their industries, while balancing the conflicting challenges stemming from high demand, skyrocketing prices and an unprecedented shortage of available workers.

Analyst: Lorraine SileoTopics: Technology Innovation, Destination & Activities MarketingSegments: Air, Hotels & LodgingResearch Type: Article

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With incredible variability, the Latin America travel market began recovery in 2021. The region has been on the upswing and the future appears promising. After losing more than half of its value in 2020, the region recuperated a healthy 51% to $35.2 billion in 2021. Local, domestic leisure travel buoyed the industry in most nations. A return to pre-pandemic gross bookings is anticipated by 2023, with the reopening of many destinations and upcoming elections boosting future prospects. International travel was varied in 2021, with each nation taking its own strategic maneuvers to balance economic and health concerns. This report provides market sizing, projections and key segment analysis for the Latin America travel industry through 2025, with a focus on Mexico, Brazil, Colombia, Chile and Argentina. 

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

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Renewed drive for increased efficiency and a simplified, secure user experience as demands for the travel industry warrants a focus on fintech. Broadly defined as software applications that involve financial services such as payments, loans, settlement and insurance, employment of big data fintech solutions can solve problems in ways previously impossible. Within the travel industry, fintech generally concerns reducing processing costs, provide traveler flexibility or minimizing friction in expense reimbursement for business travelers. Pandemic-driven demand has highlighted the need simplifying booking/rebooking and payment processes for both business and leisure travelers. The potential for growth within the industry is high, if tech solutions are properly understood and applied appropriately.

Analyst: Norm RoseTopic: Technology InnovationRegion: U.S. & CanadaResearch Type: Article

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China, the world’s second-largest travel market, has suffered severely since the original outbreak and subsequent waves of COVID-19 infections. After plummeting 33% in 2020, the country’s travel market saw the beginnings of domestic recovery in 2021, with a 66% rebound. Still, China’s stringent Zero COVID policy, regional lockdowns and near-total shutdown of international travel have inhibited a bounce back on par with European and North American counterparts. While many are eager to return to travel, the China market is not anticipated to return to pre-pandemic levels before 2024, with mass digitization efforts driving new sales. This report provides a comprehensive view of the China travel market, including detailed market sizing and projections, distribution trends, analysis of major travel segments, key developments and more.

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

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This product includes key market sizing data featured in Phocuswright’s Southeast Asia Travel Market Report 2021-2025, focusing on the Thailand market. Data is presented in a visually interactive, customizable format.   

Analyst: Gary BowermanTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel AgenciesRegion: Asia PacificResearch Type: Interactive Charts

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This product includes key market sizing data featured in Phocuswright’s Southeast Asia Travel Market Report 2021-2025, focusing on the Malaysia market. Data is presented in a visually interactive, customizable format.  

Analyst: Gary BowermanTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel AgenciesRegion: Asia PacificResearch Type: Interactive Charts

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This product includes key market sizing data featured in Phocuswright’s Southeast Asia Travel Market Report 2021-2025, focusing on the Singapore market. Data is presented in a visually interactive, customizable format.  

Analyst: Gary BowermanTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel AgenciesRegion: Asia PacificResearch Type: Interactive Charts

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This product includes key market sizing data featured in Phocuswright’s Southeast Asia Travel Market Report 2021-2025, focusing on the Indonesia market. Data is presented in a visually interactive, customizable format.   

Analyst: Gary BowermanTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel AgenciesRegion: Asia PacificResearch Type: Interactive Charts

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Compare 38+ travel markets through one easy-to-use interactive tool. Visually benchmark data for market size in gross bookings, compare segments (Air, Car Rental, Hotel and Rail), analyze markets across multiple years by segment or channel and more.

Analyst: Phocuswright AnalystsTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Cruise, Hotels & Lodging, RailRegions: Asia Pacific, Europe, Latin America, Middle East & Africa, U.S. & CanadaResearch Type: Interactive Charts

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