Report Australia-New Zealand Market Report 2022-2026

Australia-New Zealand Market Report 2022-2026

Published:
September 2023
Research Type:
Report
Figures:
22
Segments:
Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies
Regions:
Asia Pacific
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Summary

Gross bookings for the Australia-New Zealand travel market grew 69% to $26.1 billion in 2022, driven by the reignition of international travel following relaxation of COVID-era travel restrictions. While travel gross bookings are not anticipated to surpass 2019 totals until 2025 due to rising costs and supply chain concerns, recovery is quite strong in some segments. Moderate, continued growth is anticipated through the rest of the forecast period, as travelers balance their desire to venture out with economic/financial instability.

Part of the Asia Pacific Travel Market Report 2022-2026 series, Phocuswright’s Australia-New Zealand Travel Market Report 2022-2026 provides a comprehensive view of the Australia-New Zealand travel market, including detailed market sizing and projections, distribution trends, analysis of major travel segments, key developments and more.

With the single purchase of the Asia Pacific Travel Market Report 2022-2026 series, the following reports (available now or publishing soon) are automatically included at no additional cost:

Analysts
Peter O'Connor
Peter O'Connor