travel growth – आवारा मुसाफिर

UN Tourism and Amadeus report continued growth in travel to the Americas

October 25, 2024117 Views

A new report by Amadeus in collaboration with UN Tourism reveals continued growth in demand for travel to destinations across the Americas, despite economic and geopolitical challenges. North America continues to be the most popular and searched for destination in the Americas, seeing 13% growth in September to December compared to the same period last year. Central America has seen similar growth (12%) as travelers look for sun. The third report in the series, Travel Insights: Focus on Americas, September to December 2024, highlights the top travel trends for the region and is designed to support National Tourism Administrations (NTAs) and National Tourism Organizations (NTOs), Destination Management Organizations (DMOs) and private sector companies to drive tourism in their regi...

खबरनामाट्रैवल उद्योग

Saudi Arabia’s Travel & Tourism to grow fastest in the Middle East

AWARA MUSAFIR BUREAU

July 4, 2022638 Views

# Employment in the sector set to double by 2032# Sector expected to surpass pre-pandemic levels by next year The World Travel & Tourism Council (WTTC) has revealed the Travel & Tourism sector in Saudi Arabia is expected to grow at an average of 11% annually over the next decade, making it the fastest growing Travel & Tourism in the Middle East. According to the forecast from WTTC’s latest Economic Impact Report (EIR), this annual growth, more than six times the 1.8% growth rate of the country’s overall economy, will bolster the economic recovery of the Kingdom. By 2032, the Travel & Tourism sector’s contribution to GDP could reach nearly SAR 635 billion, representing 17.1% of the total economy. The forecast also reveals Travel & Tourism employment coul...

खबरनामाट्रैवल उद्योग

International travel set to maintain growth in 2022

AWARA MUSAFIR BUREAU

May 13, 2022896 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...

खबरनामाट्रैवल उद्योग

Visiting friends and relatives will be a driving force behind travel’s recovery

AWARA MUSAFIR BUREAU

August 12, 2021815 Views

A desire to reconnect with family and friends after a year of stringent lockdown measures due to COVID-19 is likely greater than a leisure getaway in 2021, and therefore its power should not be underestimated in travel’s recovery, says GlobalData, a leading data and analytics company. Johanna Bonhill-Smith, Travel & Tourism Analyst at GlobalData, comments: “GlobalData’s forecasts suggest that visiting friends and relatives (VFR) travel will experience higher growth, with a 17% compound annual growth rate (CAGR) between 2021-25, compared to leisure, growing at a 16.4% increase between the same time period. While VFR will not surpass the number of international leisure getaways, it will play a vital role in travel’s recovery with 242 million international departures expected to be ta...