Home » Travel and Tourism

296 posts categorized "Travel and Tourism"

April 22, 2014

Catering to the “Golden Traveller” – Accessible and Respite Tourism

 

The global population is ageing, with 10 percent of the population reaching the age of 65 by 2018. To cater to this ageing population, travel and tourism companies need to take extra steps including having medical staff on a tour as a precaution and to offer peace of mind for older travelers. Need-based travel offers tremendous potential for tourism companies as it caters to groups that rarely travel at all.

Golden Travel Companies

Watch on Youtube

For more information on this and other travel and tourism trends in the UK and Ireland, download our free report.

April 19, 2014

Can Travel and Tourism in Iraq Pick Up Speed?

Nadejda_PopovaAnalyst Insight by Nadejda Popova - Senior Travel and Tourism Analyst

View Nadejda Popova's profile on LinkedIn

New violence across much of Iraq in 2013 has stifled any recovery for the travel and tourism industry. Unrest ignited by the crisis in nearby Syria and political conflict have brought Iraq back into the world news. And yet, despite ongoing violence across much of the country, there are pockets of safety in Iraq, such as the Kurdistan area, which is completely removed from the war zone. Indeed, Erbil was chosen as Arab Tourism Capital 2014 by the Arab Tourism Committee, beating Beirut in Lebanon, Taif in Saudi Arabia and Sharjahn in the UAE. However, although Erbil is attracting a number of GCC and Arab businesses, it will prove very challenging for the country to attract more diverse nationalities long term, due to the lingering negative image of Iraq, but also strong competition from GCC countries, which have already established a good track record in the region.

Continue reading "Can Travel and Tourism in Iraq Pick Up Speed?" »

April 18, 2014

Latin American Travellers Prefer Pampering, Indulgence on Holiday

EileenBevisAnalyst Insight by Eileen Bevis - Survey Manager

View Eileen Bevis's profile on LinkedIn

Preference for Indulgence while on Holiday

Vacationing Latin Americans Like to be Pampered

There are many ways to relax and have fun on a short city break or a week-long vacation to the beach. However, Latin American travellers have a particular recipe for rest and recuperation while on vacation – and its main ingredient is pampering. A day at the spa? Luxurious lodging? Latin Americans like to be pampered while on vacation more than holiday-makers from any other region in the world.

Consumer Enjoyment of Pampering while Travelling

1

Source:    Euromonitor International Consumer Survey; Out and About 2012.

Note:        Showing per cent of respondents who like to be pampered while travelling, by continent. Results shown give equal weight to 15 markets surveyed. “Latin America” includes: Brazil, Colombia, Mexico; “Europe” includes: France, Germany, Spain, Turkey, Russia, UK; “North America” includes: US; “Australia” includes: Australia; “Asia” includes: China, India, Indonesia, Japan.

It is worth noting that Spanish travellers also depart from the rest of the world in their preference for pampering while out of town. Spain shares many cultural similarities with Latin America and Spanish travellers are just as likely to appreciate a facial or another indulgence while on holiday as travellers from Brazil, Colombia and Mexico.

Continue reading "Latin American Travellers Prefer Pampering, Indulgence on Holiday" »

Role of Internet in Travel Plans of Global Online Consumers

The Role of the Internet in Travel

Download as pdf

An exploration of the role of the internet in travel plans of online consumers. Based on the results of Euromonitor International’s Out and About survey (2012) and Euromonitor industry research.

 

Have a question or a thought to add? Leave us a comment below.

April 10, 2014

Euromonitor to Speak at WTM Vision Shanghai 2014

WTM_Vision_2014_Shanghai_BlackDate: 8 May 2014

Location:  The Howard Johnson Plaza, Shanghai

Presentation: Fangting Sun, Research Analyst at Euromonitor International, will offer a presentation on the Consumer Trends and Forces Driving Change in the Travel Industry globally and in China.

The global economy is on the mend and arrivals grew again in 2013 at a rate of 4%, reaching record numbers of over one billion world-wide. The Middle East and Africa demonstrated the highest growth despite continued instability and Asia, especially China, remains a key driver of demand. As smartphones become an indispensable part of modern-day life, travel companies offer consumers an increasing number of services for purchasing, researching and experiencing travel. Online and mobile developments enable consumers to bypass traditional distribution, with the sharing economy going from strength to strength. 

Chasing China outbound potential is a global phenomenon with double-digit annual departure growth too tempting to resist. Yet as a destination China suffers from weak demand following the global slowdown, increased competition and high pollution levels. China’s unique and dynamic online marketplace offers opportunities for travel players to engage with the increasingly connected Chinese consumer.

Conference:  Now in its 6th year, the WTM Vision Conferences will continue to offer you the ultimate learning experience and unrivalled networking opportunities, best practice advice and case studies from top travel brands as well as including an insightful panel session.

For more information and to register please click HERE: http://www.wtmlondon.com/page.cfm/Link=57/nocache=03042014

Continue reading "Euromonitor to Speak at WTM Vision Shanghai 2014" »

April 9, 2014

Euromonitor to Speak at WTM Africa

WTM_Vision_2014_CapeTown_Black

Date: 2 and 3 May 2014

Location: CapeTown International Convention Centre

Presentation: Paz Casal, Travel and Tourism Analyst, will offer a presentation on the Consumer Trends and Forces Driving Change in the Travel Industry globally and in Sub-Saharian Africa.

The global economy is on the mend and arrivals grew again in 2013 at a rate of 4%, reaching record numbers of over one billion world-wide. The Middle East and Africa demonstrated the highest growth despite continued instability and Asia, especially China, remains a key driver of demand. As smartphones become an indispensable part of modern-day life, travel companies offer consumers an increasing number of services for purchasing, researching and experiencing travel. Online and mobile developments enable consumers to bypass traditional distribution, with the sharing economy going from strength to strength. 

Sub-Saharan Africa is one of the fastest growing tourism regions in the world with a strong reliance on intra-regional travel. Domestic tourism has been ear-marked as a priority in South Africa, whilst Mandela pilgrimage tourism is expected to boost international visitors. With international hotel chains buying up regional players, Sub-Saharan Africa holds the last piece of the puzzle in the search for long-term sustainable growth.

Conference: Set to be the leading B2B exhibition for the inbound and outbound African travel markets, WTM Africa is a global event tailored to the African market.  With a clear vision to deliver the right business contacts, give the African travel industry a voice, offer all an even playing field and to invest in the future of African tourism, WTM Africa will be the new meeting place for Africa’s travel industry.

Continue reading "Euromonitor to Speak at WTM Africa" »

April 8, 2014

Euromonitor to Speak at WTM Vision Dubai

WTM_Vision_2014_Dubai_Black

Date: 6 May 2014, 4pm – 5pm local time

Location: Seminar Theatre, Dubai International Convention and Exhibition Centre

Kinda ChebibPresentation : Kinda Chebib, Research Analyst at Euromonitor International, will offer a presentation on the Consumer Trends and Forces Driving Change in the Travel Industry globally and in the Middle East.

View Kinda Chebib's profile on LinkedIn

The global economy is on the mend and arrivals grew again in 2013 at a rate of 4%, reaching record numbers of over one billion world-wide. The Middle East and Africa demonstrated the highest growth despite continued instability and Asia, especially China, remains a key driver of demand. As smartphones become an indispensable part of modern-day life, travel companies offer consumers an increasing number of services for purchasing, researching and experiencing travel. Online and mobile developments enable consumers to bypass traditional distribution, with the sharing economy going from strength to strength. 

Against a backdrop of conflict and unrest in parts of the Middle East, the region’s tourism performance is in a state of stagnation with pockets of growth in the UAE and Saudi Arabia. One of the big success stories is the Big Three airlines and their march to global domination. Dubai pins its hopes on Dubai Expo 2020, whilst Egypt continues to bounce along the bottom affected by ongoing instability.

Conference:

The fifth annual WTM Vision Conference - Dubai, in association with TTN Middle East, will take place during Arabian Travel Market 5th - 8th May 2014on Tuesday 6 May 2014.

WTM Vision continues to offer an unlimited learning experience and this year will focus on presenting the latest travel industry research findings from Euromonitor International. The Travel Industry Forecast Review 2014 provides a global analysis of the travel and tourism industry for the year ahead and includes a focus on the Middle East, highlighing the major challenges facing the region and potential areas for growth.

For more information and to register please click HERE: http://www.wtmlondon.com/page.cfm/Link=56/nocache=13032014#sthash.HHLagELq.dpuf

http://www.arabiantravelmarket.com/en/Sessions/5234/WTM-Vision-Conference-Dubai

 

 

March 30, 2014

Expo 2020 to Boost Dubai Tourism

Kinda ChebibAnalyst Insight by Kinda Chebib - Research Analyst

View Kinda Chebib's profile on LinkedIn

Dubai’s successful bid to host the World Expo 2020, announced in November 2013 in Paris, is expected to attract more than 25 million visitors to Dubai between October 2020 and April 2021. Euromonitor International estimates the economic impact of hosting the event to approach US$24 billion (AED88.2 billion). Around US$7 billion is expected to be spent on tourism-related infrastructure in Dubai.

Expo 2020 to Drive Business Tourism and MICE Beyond United Arab Emirate Borders

Expo 2020 will be a six-month event held at the Dubai Trade Centre in Jebel Ali between October 2020 and April 2021. It is expected to boost the meetings and conference industry in the United Arab Emirates (UAE) and wider GCC and generate strong business event opportunities in the region.

Given the strong marketing impact Expo 2010 had on Shanghai, the event in Dubai promises to outperform Chinese tourism results and impact the entire GCC’s meetings infrastructure and industry. As the neighbouring emirates are expected to participate to Expo 2020, governments and private investors are aiming to develop tourism opportunities in the all seven emirates. For example, the InterContinental Hotels Group development pipeline includes Ras al-Khaimah and Fujairah.

The impact on travel and tourism will be significant, with the Dubai Expo expecting to attract more than 25 million visitors, 70% of which will be incoming, the largest number of international visitors ever reached through an Expo. In fact, the Dubai authorities are targeting 20 million visitors a year up to 2020, which would be a tremendous economic boost for the UAE. However, in light of the anticipated success of World Expo 2020, Euromonitor International expects this figure to rise to 25 million a year. To meet the demands of tourists, Dubai expects to see its hotel inventory double from over 82,000 to around 164,000 hotel and hotel apartment rooms by 2020. Euromonitor International projects a 67% increase in UAE tourism receipts by 2018, with the MICE industry in prime position to contribute to this increase.

Continue reading "Expo 2020 to Boost Dubai Tourism" »

March 26, 2014

Euromonitor International Interview Series: Hichame Assi Chief Operating Officer of HotelsCombined.com - Part Two

Michelle GrantAnalyst Insight by Michelle Grant - Travel and Tourism Research Manager

Euromonitor International is pleased to present an interview with Hichame Assi, Chief Operating Officer of HotelsCombined.com.  HotelsCombined.com is a hotel metasearch engine founded in 2005 in Sydney, Australia.  The first part of the interview focused on the company’s overall business while part two focuses on its international expansion.

 

What is your international expansion strategy?

Our goal is to become top-of-mind worldwide when it comes to hotel metasearch. Some of our recent developments to date have been to open overseas offices, to expand our repertoire of available languages to 41 (the most of any other accommodation metasearch site) and to launch international marketing campaigns.

With content in 41 languages, what is important to consider for localization?

Localization isn't just about offering our service in a local language, it's more about connecting with a divergent global consumer base in a way that resonates for the individual user.  If we can provide the consumer with a comparison of local travel sites, availability in local currency and local payment options to top destinations for their market, not only are we offering a service that provides a strong value, but we are also fostering trust and brand loyalty.

Continue reading "Euromonitor International Interview Series: Hichame Assi Chief Operating Officer of HotelsCombined.com - Part Two" »

March 23, 2014

Euromonitor to Speak at World Travel Market Latin America

WTM_Vision_2014_SauPaulo_BlackDate: 23 to 25 April 2014

Location: Transamerica Expo Center, São Paulo

Presentation Time: 25 April 12:30-1:30

Presentation: Alexis Frick, Research Associate at Euromonitor International, will offer a presentation on the Consumer Trends and Forces Driving Change in the Travel Industry globally and in Latin America.

The global economy is on the mend and arrivals grew again in 2013 at a rate of 4%, reaching record numbers of over one billion world-wide. The Middle East and Africa demonstrated the highest growth despite continued instability and Asia, especially China, remains a key driver of demand. As smartphones become an indispensable part of modern-day life, travel companies offer consumers an increasing number of services for purchasing, researching and experiencing travel. Online and mobile developments enable consumers to bypass traditional distribution, with the sharing economy going from strength to strength. 

Brazil steps into the glare of the global spotlight as host to FIFA 2014 and the Rio Olympic Games in 2016. Business travel and aviation are key bright spots for growth, however the country faces many challenges including civil protests, the rush to complete infrastructure projects and a capacity shortfall, along with travel not being seen as a major spending priority by consumers.

Conference: World Travel Market Latin America, the leading global event for the Latin American travel industry - is the three day must-attend business-to-business (B2B) event which brings the world to Latin America and promotes Latin America to the world.

For more information and to register please click HERE: http://www.wtmlondon.com/Content/WTM-Vision-Conference-Sao-Paulo

 

Continue reading "Euromonitor to Speak at World Travel Market Latin America" »

Subscribe

 RSS Feed

Receive New Posts via Email:

 

Join us on...


View our YouTube Channel Follow Euromonitor on Twitter Become a Fan on Facebook Connect with Euromonitor on LinkedIn




Filter by Category

Filter by Geography

Filter by Industry

Recent Posts

Catering to the “Golden Traveller” – Accessible and Respite Tourism

Can Travel and Tourism in Iraq Pick Up Speed?

Latin American Travellers Prefer Pampering, Indulgence on Holiday

Role of Internet in Travel Plans of Global Online Consumers

Euromonitor to Speak at WTM Vision Shanghai 2014

Euromonitor to Speak at WTM Africa

Euromonitor to Speak at WTM Vision Dubai

Expo 2020 to Boost Dubai Tourism

Euromonitor International Interview Series: Hichame Assi Chief Operating Officer of HotelsCombined.com - Part Two

Euromonitor to Speak at World Travel Market Latin America