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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Asian travelers prefer multi-generational trips - Multi-generational households in APAC are 43% more common than the global average, strongly influencing family travel preferences.
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
Managed travel's future with AI - According to Amex GBT, AI is not just a buzzword, it's a tool that has the power to address long-standing challenges and open new avenues for improvement in the managed travel industry.
Sep 25, 2024 • Travel
Google and Sabre unveil AI-driven travel innovations - The two companies hosted a virtual event to showcase the latest innovations from their four-year partnership, focusing on advances in artificial intelligence and generative AI.
Sep 25, 2024 • Travel
Europe: Group business segment shows signs of recovery - European hotels saw a surge in demand from major events this summer, with promising signs of a recovery in group business.
Sep 24, 2024 • Travel
McKinsey identifies three major themes that will shape tourism in 2024 - Global travel is back and booming. More regional travel, new emerging travelers and a fresh set of destinations are driving steady spending.
Sep 24, 2024 • Travel
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