New report shows Demand for niche tourism holidays and experiences is growing among people born between 1991 and 2005.
Demand for long-haul travel greater than expected
Despite travel restrictions caused by COVID-19, it appears that consumer confidence has not been deterred too drastically.
Smart cities are the next step for urban tourism post-pandemic
Aiding the visitor experience, mitigating the effects of overtourism, and leading to more sustainable management, smart cities are the way forward in post-pandemic travel.
Digital vaccine passports need to be unified
Trials for vaccine passports are rolling out to ensure the flow of safe travel between international destinations but there remains a lack of collaboration.
‘Upsizing’ could be the next major travel trend
Many consumers managed to bypass the COVID financial squeeze and have incidentally become efficient savers.
Shifting traveler demands provide an opportunity for airlines
With rising concerns over climate change and commitment from travel companies to become carbon neutral, cleaner aviation is needed.
Business travel woes exposed
Amazon announced a saving of $1bn on travel expenses in 2020 leading to questions on just how long it will take for business travel to recover.
Accor-IHG merger rumors hints at imminent consolidation
Many reasons for a merger between the two companies make the prospect plausible, especially during the current COVID-19 induced economic downturn, during which both companies have experienced significant losses.
US tourism & leisure industry M&A dropped by over 95%
Total tourism & leisure industry M&A deals in Q2 2020 worth $387.67m were announced in the US, according to GlobalData’s deals database.
Electronic quarantine tags another necessary evil that will discourage travel plans
The electronic quarantine tag recently introduced in Singapore has the potential to rattle the number of international departures from the country, as it is yet another aspect that will elevate consumer angst and postpone recovery for neighboring Asian destinations, according to GlobalData
