France's travel sector witnessed solid growth in 2023, climbing by 12% to over €55 billion, predominantly driven by the resurgence of international travel alongside strong domestic demand. The 2024 Paris Olympics will temporarily amplify gross bookings on all fronts, particularly for air and hotel. Looking ahead to 2027, the travel market is anticipated to stabilize, featuring moderate growth through the remainder of the forecast period.

Analysts: Peter O'Connor, Cathy WalshTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Short-Term RentalRegion: EuropeResearch Type: Report

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Emerging technologies have undoubtedly revolutionized many industries, yet the travel industry has not fully unleashed all their potentials. This article explores a critical juncture in travel, discussing why some technologies which have received a lot of publicity remain underappreciated within the industry.  

Analysts: Markus Schreyer, Michael ColettaTopic: Technology InnovationSegments: Hotels & Lodging, Online Travel AgenciesRegions: Europe, U.S. & CanadaResearch Type: Article

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In 2023, the U.K. travel market experienced significant growth, with gross bookings increasing 19%, driven by robust expansion in online bookings, mobile transactions, and key sectors like airlines and car rentals. Though challenges like inflation are affecting various segments, the industry is on a positive trajectory, with projections indicating continued growth and technological advancements shaping the future of travel in the U.K. through 2027.

Analysts: Dirk Rogl, Cathy WalshTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & PackagesRegion: EuropeResearch Type: Report

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Travel demand remained strong as ever for the European market in 2023. Achieving an impressive 20% year-over-year growth, the market surpassed 2019 gross bookings. However, persistent inflation and economic uncertainties present continuous challenges, influencing future growth. Meanwhile, adoption of technological innovations and sustainability measures is accelerating, affecting European travel landscape in the years ahead. This report series features six key markets comprise the Europe travel market: France, Germany, Italy, Scandinavia, Spain and the U.K. Collectively, the series provides comprehensive market sizing and projections for the European travel industry from 2019-2026.

Analysts: Ralph Merten, Cathy Walsh, Dirk Rogl, Fabian Gonzalez, Karen Burka, Peter O'Connor, Stanislas FeminierTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & PackagesRegion: EuropeResearch Type: Report

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This data sheet 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 AgenciesRegion: Asia PacificResearch Type: Market Data Sheet

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This report provides comprehensive market sizing and projections for the India 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

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Each year, Phocuswright publishes a content series that identifies the most significant innovation trends in travel technology and distribution for the upcoming year and beyond. This year we again incorporate the views of our analyst team, who contribute a range of perspectives and expertise. This report features brief introductions to the in-depth discussions that will be explored throughout the year.

Analysts: Michael Coletta, Cathy Walsh, Markus Schreyer, Lorraine Sileo, Norm RoseTopic: Technology InnovationSegments: Air, Hotels & Lodging, Online Travel Agencies, Traditional Agencies & TMCsRegions: Asia Pacific, Europe, U.S. & CanadaResearch Type: Report

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Access Phocal Point to compare the most recent data on the global short-term rental market across major regions and channels. Data is presented in a visually interactive, customizable format, and can be exported on demand.

Analysts: Michael Coletta, Stan PawlowTopic: Market Overview & SizingSegments: Hotels & Lodging, Short-Term RentalRegions: Asia Pacific, Europe, Latin America, Middle East & Africa, U.S. & CanadaResearch Type: Interactive Charts

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Phocuswright’s Beyond Climate Change: Cultural and Economic Sustainability in Travel is part of a comprehensive consumer research study focused on sustainability in the modern travel environment.

Analysts: Madeline List, Coney DongreTopic: Consumer TrendsSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Tours & Packages, Short-Term RentalRegions: Asia Pacific, Europe, U.S. & CanadaResearch Type: Report

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This article is derived from the findings of Phocuswright’s 2023 consumer travel surveys in Europe, Canada, and the United States, and explores travelers’ awareness of and attitudes toward GenAI and other emerging technologies.

Analysts: Chris Thompson, Alicia SchmidTopic: Consumer TrendsSegments: Air, Car Rental & Ground Transportation, Cruise, Hotels & Lodging, Online Travel Agencies, Tours & Packages, Traditional Agencies & TMCsRegions: Europe, U.S. & CanadaResearch Type: Article

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