Faced with difficult market conditions, many global industries have grappled with subdued deal activity during January-July 2023.
Chinese tourists forced to seek new travel destinations
According to the latest data from Trip.com Group (former Ctrip), Chinese multinational online travel company that provides services including accommodation reservation, transportation ticketing, packaged tours and corporate travel management, bookings by Chinese tourists traveling to foreign destinations spiked by 640% during the Lunar New Year festival vs the same period last year, while foreign hotel bookings have quadrupled.
Long-Haul travel sentiment to Europe improves despite high global inflation
The desire for overseas travel in 2023 has increased significantly in large travel markets compared to a year ago. Over 60% of potential travellers in Australia, Brazil, Canada, China, and the US intend to travel long-haul in 2023, with Europe being top of mind. Travel sentiment to Europe in the first four months of the year has also improved, with the most notable year-over-year increases observed in China (+21 points) and Brazil (+13 points). The exception to these positive trends is Japan, with 27% of respondents enthusiastic about long-haul trips in 2023 as a whole and 13% between January and April.
Personal Finances are main barrier to travel long-haul this autumn
The European Travel Commission (ETC) and Eurail BV published the latest Long-Haul Travel Barometer (LHTB) on 3/2022, which provides insights on traveller sentiment for September – December 2022. The report reveals that the appetite for overseas travel in the last months of 2022 has improved, with Brazil (150p), Canada (136p) and the US (126p) showing the greatest rise in the sentiment index compared to summer. However, the desire to visit Europe has stagnated in key markets, showing only marginal improvements.
Sojern celebrates 15 years and expands capabilities
Founded in 2007, Sojern has maintained an unwavering focus on travel from day one.
EXPERT UNPACKS TRAVEL’S FY22 RESULTS
Key players in the Australian travel industry bombarded our news cycle last week with their annual wrap-up the year’s financial results.
Japan OKs individual tourists with conditions
Japan reopened to international visitors in June, but tourists were only allowed to enter if they joined a guided tour and obtained a visa.
Cheaper gas and flight delays to spark rise in Labor Day road trips
As travel starts to rise, thousands of flight delays and cancellations have driven travelers to hit the road for labor day holiday.
Centara offers beautiful escapes in Southeast Asia
Centara Hotels & Resorts offers beautiful escapes and amazing packages for families seeking a memorable vacation.
Asia Pacific’s Hotel Construction Pipeline Reach Record High
Recent Asia Pacific, excluding China, Hotel Construction Pipeline Trend Report showed that the region’s total construction pipeline improved.
