Southeast Asia Travel Market Report 2021-2025
- Published:
- November 2022
- Research Type:
- Report
- Figures:
- 25
- Segments:
- Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail
- Regions:
- Asia Pacific
Summary
Prior to the pandemic, the travel sector was rapidly growing in Southeast Asia, serving as a key part of the economy. After plummeting by nearly 72% in 2020 and another 42% in 2021, 2022 is anticipated to boast a 207% recovery. While strict lockdowns curtailed leisure travel throughout the pandemic, the reopening has proved promising for the region. With promotion of domestic travel and digitization trends, the future of Southeast Asian travel appears to offer many new opportunities. Nevertheless, further recovery will be incremental, with gross bookings just shy of 2019 totals at the end of the forecast period.
This report provides a comprehensive view of the Southeast Asia travel market, with a focus on the key markets of Indonesia, Malaysia, Singapore and Thailand. Coverage includes detailed market sizing and projections, distribution trends, analysis of major travel segments, key developments and more.
Phocuswright’s Southeast Asia Travel Market Report 2021-2025 is available for purchase as a standalone report for $795. For a more comprehensive regional analysis, this report is also available as part of the Asia Pacific Travel Market Report 2021-2025 series. All of the following are included in the purchase of the series (available now or publishing soon):
