The return of Chinese outbound travel - As Golden Week approaches, China's travel surge will boost global tourism, favoring destinations that offer immersive experiences for Chinese travelers.
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International tourism almost back to pre-pandemic levels - The results are in line with UN Tourism's forecast of a full recovery in international arrivals this year, despite ongoing economic and geopolitical challenges.
Sep 26, 2024 • Travel
India’s corporate travel market to touch $20.8 billion by 2030 - Approximately 25% of bookings come from corporate contracts, while 15% come from agents or OTAs for corporate, non-corporate or SME customers using SME rates.
Sep 25, 2024 • Travel
UK: Confidence to travel is on the rise - ABTA’s Travel Confidence Index returns for its second year to measure how confident the UK is feeling about overseas travel.
Sep 25, 2024 • Travel
Rapid transition to online bookings in the coming years - The global travel market is forecasted to grow 6-10% annually through 2026, with online bookings expected to reach 65% of all travel by 2026.
Sep 23, 2024 • Travel
Rise of the Indian tourist - As India's market expands and China faces challenges in reviving outbound tourism, India is capturing a portion of the market that was previously dominated by Chinese travelers.
Sep 13, 2024 • Travel
The state of travel in 2024 - The travel industry is experiencing sustained success in 2024, with companies enjoying robust growth and solid profit margins.
Sep 11, 2024 • Travel
Middle East travel sector grows by 40% - According to Phocuswright, the Middle East travel market is on a clear upswing with a 13% year-over-year growth recorded in travel gross bookings in 2023.
Sep 6, 2024 • Travel
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