A tale of two holidays - According to PwC's Holiday Outlook, shoppers are expected to spend an average of $1,638 on gifts, travel and entertainment this holiday season, a 7% increase from 2023.
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Chinese travel preferences are evolving - Buoyed by falling airfares, Chinese travelers are booking more overseas trips for the National Day 'Golden Week' holiday period.
Oct 1, 2024 • Travel
Cost-conscious Chinese tourists look to affordable options - Chinese tourists are expected to take longer trips during Golden Week starting Tuesday, but it may not boost spending, experts say.
Sep 30, 2024 • Travel
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
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.
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
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