GlobalData – Page 2 – आवारा मुसाफिर

Tourism from Women’s Euros set to benefit less-known destinations

June 27, 2022817 Views

Rotherham potentially receiving $888,977 from day visits, says GlobalData The UEFA Women’s European Championships is set to shine a light on less-known regions that are hosting games, such as Yorkshire and the Humber, and Rotherham in particular. Visitation to this area for the games could create a significant economic impact, while improving destination image, found GlobalData, a leading data and analytics company. Ralph Hollister, Travel and Tourism Analyst at GlobalData, comments: “Major domestic destinations such as York and Whitby account for many of the visits to Yorkshire and The Humber. With tourism being driven to a select few areas, many towns have been neglected, with Rotherham falling into this bracket. However, Rotherham is hosting four games in the Women’s Euros, g...

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Boost to travel confidence

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June 24, 2022848 Views

More than half of global tourists are now unconcerned about COVID-19, finds GlobalData More than two years on, widespread COVID-19 concern appears to be declining as international travel resumes, amid easing travel restrictions and rising vaccination rates. According to a live poll conducted by GlobalData, a leading data and analytics company, 57% of respondents are “not concerned” or are “not very concerned” about the spread of COVID-19, suggesting that tourists are more prepared to live with COVID-19. Hannah Free, Travel and Tourism Analyst at GlobalData, comments: “The outlook for tourism in many countries is brighter than at any time in the past two years. However, the turbulence and uncertainty of COVID-19 has created several challenges which are likely to further complicate re...

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Business travel mentions among corporates increased by 4%

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June 23, 2022183 Views

Companies keen on resuming as COVID-19 restrictions ease, says GlobalData Following the easing of global COVID-19 restrictions, mentions in filings of ‘business travel’ per company across sectors rose 17% in 2021 and have risen a further 4% in 2022, suggesting that companies are looking at resuming business travel, according to GlobalData, a leading data and analytics company. Rinaldo Pereira, Business Fundamentals Analyst at GlobalData, comments: “Zoom calls were quite frequent throughout 2020 and 2021 for sales, marketing, or other activities. A rise in mentions of business travel per company points at corporates looking to reinstate face-to-face meetings despite there still being a considerable amount of COVID-19 cases across the globe.” In 2022, over 1,500 public companie...

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Thailand has opportunity to be major destination for Russian travelers

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June 10, 2022272 Views

435,000 tourists are predicted to visit in 2022, according to GlobalData The number of Russian tourists visiting Thailand is projected to significantly jump from 10,000 visits in 2021 to 435,000 in 2022, according to GlobalData. The leading data and analytics company notes that tourism ministers in Thailand must now ensure they can capitalize on this demand by increasing direct flights from Russia and ensuring aspects such as card payments can be accommodated across tourist hotspots. When looking at Cyprus, a top outbound destination for Russians prior to the country’s invasion of Ukraine, visitation to the island nation is projected to drop by 42.6% year-on-year (YoY) in 2022. Thailand could potentially cater for many of these Russian visitors that now deem the logistics of traveli...

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Luxury travel market could see growth in 2022

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May 27, 2022556 Views5

COVID-19 has spurred new consumer trends, says GlobalData In the luxury travel market, there has been an influx of consumer travel trends as a result of the COVID-19 pandemic. This includes a boom in private aviation services at the high end of the market, remote working from overseas locations and demand for private buyouts of large villas or boutique hotels, finds GlobalData. The leading data and analytics company’s latest report, ‘Luxury Travel Market Trend and Analysis of Traveller Types, Key Destinations, Challenges and Opportunities, 2022 Update’ reveals that as luxury travellers resume travelling both domestically and abroad in the aftermath of the COVID-19 pandemic, they may begin to seek experiences that are more immersive and more exceptional than in previous years. ...

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Qantas can impact recovery of Dubai and Abu Dhabi airports

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May 24, 2022707 Views

New long haul flights could result in less layover and stopover traffic in UAE The United Arab Emirates’ (UAE) aviation sector will likely find Qantas’ continuing announcements of direct long-haul routes concerning as they eliminate the need for layovers and stopovers, says GlobalData. According to the leading data and analytics company, full-service passenger airline revenue in the UAE is forecast to reach 95% of pre-pandemic (2019) levels in 2022. A significant reason for this strong recovery timeline is Abu Dhabi and Dubai’s status as major multi-stop hubs for global airline traffic. Ralph Hollister, Travel and Tourism Analyst at GlobalData, comments: “Abu Dhabi and Dubai are major layover and stopover destinations for flights between Europe and Australia. This type of traffic ha...

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Low-cost airlines will emerge strongly from the pandemic

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May 18, 2022569 Views

Rising living costs and increased airfares will lead to passengers, who may traditionally prefer to stay loyal to national flag carriers, booking with low-cost airlines. Ryanair’s plans to increase its capacity to above pre-pandemic levels shows that the low-cost airlines segment will emerge from the pandemic stronger than ever, found GlobalData, a leading data and analytics company. Craig Bradley, Associate Travel & Tourism Analyst at GlobalData, comments: “With the rising fuel costs, air fares are increasing to cover operational overheads. Whilst the low-cost sector is as much affected by these as full-service carriers (FSCs), the typically young age of their aircraft means that many are more fuel efficient, helping to reduce fuel expenses. The low-cost business model is also des...

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International travel set to maintain growth in 2022

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May 13, 2022895 Views

Full recovery expected by 2025, observes GlobalData International departures will reach 68% of the pre-COVID-19 levels globally in 2022 and are expected to improve to 82% in 2023 and 97% in 2024, before making a full recovery by 2025 at 101% of 2019 levels, with a projected 1.5 billion international departures. However, the trajectory for the recovery in international departures is not linear across regions or countries, says GlobalData, a leading data and analytics company. Hannah Free, Travel and Tourism Analyst at GlobalData, comments: “International travel from North America had shown improvement in 2021 as international departures grew by 15% year-on-year. The US rose to become the world’s largest outbound travel market in 2021. In 2022, outbound departures from North America a...

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Tourist boards leveraging their national cuisine

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May 12, 20221061 Views

Way to gain a competitive advantage over rival destinations, says GlobalData As the travel industry’s recovery starts to gather pace, many tourist boards are looking to differentiate themselves from rival destinations by focusing on their cuisine rather than traditional natural hot spots, cities, or coastal locations, observes GlobalData, a leading data and analytics company. According to GlobalData’s Ads Database, Destination Marketing Organizations (DMOs) for Turkey, Malta, and Indonesia have focused on their national cuisine to entice new tourists. Marketing campaigns have included glossy images and short videos covering traditional cooking methods to boost cultural appeal. The development of these marketing campaigns appears to be in response to growing demand for international ...

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Europe will be missing Russian tourists this year

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May 10, 2022239 Views

With the EU banning Russian aircraft from operating in its airspace due to Russia’s invasion of Ukraine, these nations are likely to receive very few Russian tourists this summer says GlobalData. According to the leading data and analytics company, Russia was the fifth ranked country globally in terms of international departures in 2021, with 13.7 million. According to GlobalData, in 2021, almost 20% of all outbound and domestic trips in Russia occurred in the months of June and July. Additionally, travelers from Russia spent a total of $22.5 billion in 2021, which put it in the top 10 source markets globally for total outbound tourist expenditure. Russian Tourists walk at the beach in Phuket, Thailand March 8, 2022. REUTERS/Jorge Silva Ralph Hollister, Travel and Tourism Analyst...