travel analytics – आवारा मुसाफिर

Tourism industry recovery in Europe slows as airlines falter

July 13, 2022232 Views

International travel from Europe was set to make a promising start to recovery in 2022. However, chaos at many European airports is likely to hinder growth as queues and cancellations are quickly becoming air travel norms, says GlobalData. The leading data and analytics company notes that airlines failing to adequately prepare for travel’s great comeback has resulted in staff shortages. Hannah Free, Travel and Tourism Analyst at GlobalData, comments: “International departures from European countries are expected to reach 69% of 2019 figures in 2022, according to GlobalData forecasts. While destinations are eager to welcome visitors, supply simply cannot meet demand following extreme staffing deficits and industrial disputes, which has coincided with a rebound in international travel.” ...

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Business travel mentions among corporates increased by 4%

AWARA MUSAFIR BUREAU

June 23, 2022196 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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International arrivals to ASEAN to reach 142 million in 2024

AWARA MUSAFIR BUREAU

March 28, 20221022 Views

Global arrivals to the Association of Southeast Asian Nations (ASEAN) are expected to grow from 136.9 million in 2019 to 142 million in 2024, driven by the region’s rich heritage and natural attractions, improved tourist facilities, affordable connectivity, rising consumer class and geographic proximity to China and India, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘ASEAN Destination Tourism Insight Report including International Arrivals, Domestic Trips, Key Source / Origin Markets, Trends, Tourist Profiles, Spend Analysis, Key Infrastructure Projects and Attractions, Risks and Future Opportunities, 2022 Update’ reveals that the ASEAN region boomed as a destination prior to the COVID-19 pandemic. Inbound arrivals to the 10 ASEAN member coun...

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Travel brands need to use social media to directly engage with younger cohorts

AWARA MUSAFIR BUREAU

March 4, 2022423 Views

With social media proving to be the most cost-effective and impactful way of directly getting engaged with younger consumers, travel companies have begun to invest time and resource into this space for faster outreach and connection, finds GlobalData, a leading data and analytics company. GlobalData’s Job Analytics Database reveals that there was a 175.8% increase in social media-related jobs in the travel and tourism industry from 2020 to 2021. This showcases that an increasing amount of travel companies have acknowledged the importance of social media for brand engagement and customer service. According to GlobalData, 30% of Gen Z and 32% of Millennials state that direct engagement with a brand is a key driver of a purchase. These percentages are significantly higher when comp...

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Travel & Tourism could grow to $8.6 trillion in 2022, says WTTC

AWARA MUSAFIR BUREAU

February 4, 2022600 Views

Major new research from the World Travel & Tourism Council (WTTC) has revealed the global Travel & Tourism sector’s contribution to the global economy could reach $8.6 trillion this year, just 6.4% behind pre-pandemic levels. In 2019, before the pandemic stopped travel in its tracks, the Travel & Tourism sector generated nearly $9.2 trillion to the global economy. However, in 2020, the pandemic brought the sector to an almost complete standstill, causing a massive 49.1% drop, representing a severe loss of nearly $4.5 trillion. Latest research from WTTC shows that as the world finally begins to recover from pandemic, the sector’s contribution to both the global economy and employment could reach almost pre-pandemic levels this year. Research by the global touris...

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Strong recovery predicted for European Travel & Tourism this year

AWARA MUSAFIR BUREAU

January 21, 2022599 Views

# Sector sees a surge of more than 250% in European bookings for Easter compared to 2021# WTTC calls to remove all restrictions for fully jabbed travellers and allow free movement The World Travel & Tourism Council (WTTC), which represents the global private Travel & Tourism sector, has revealed bookings for intra-European travel over the Easter period have increased by more than 250%, while summer bookings are currently 80% above 2021 levels. According to WTTC’s knowledge partner ForwardKeys, the leading travel data and analytics company, intra-European flight bookings for the busy Easter and summer periods have surged ahead of last year, giving a welcome boost to Travel & Tourism businesses across the continent. During WTTC’s participation at FITUR, the internat...