2017 Phocus Forward: The Year Ahead in Digital Travel

Slow but steady economic growth continues to provide a solid foundation for Europe’s travel market. Despite continuing terrorism fears and concerns over the implications of the U.K.’s exit from the EU, gross travel bookings are projected to hit new highs in 2016, with advances driven by online...

Increasingly, travelers in mature and developing countries alike are going online to shop for and purchase travel. The shift to online booking channels continues worldwide, but a range of factors influence growth rates in individual markets, including online penetration, technology...

Economic and geopolitical factors weighed down the U.S. travel industry in 2016. While leisure demand was resilient, weakness in the corporate sector was a significant headwind, and overall the market was projected to eke out just 1% growth. Phocuswright’s U.S. Online Travel Overview Sixteenth Edition...