● 83% of consumers are planning to fly to a leisure destination in the next six months ● 93% would buy services like excursions and car rental from their airline if they could ● 56% would be more likely to spend on extras if the online buying experience improved to be more like retail, fashion and groceries New survey data from travel tech company IBS Software, reveals a massive 93% of UK and US consumers would book more services with airlines given the chance - representing a huge opportunity for airlines. The study, which looked into UK and US airline passengers' expectations of airlines, shows that following a challenging period of travel uncertainty, passenger confidence is recovering with 83% of respondents planning to purchase tickets in the next six months. However, t...
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The International Air Transport Association (IATA) announced the results of its 2022 Global Passenger Survey (GPS), showing that travelers top concerns for travel in the post-COVID crisis period are focused on simplification and convenience. “Travel during COVID-19 was complex, cumbersome and time consuming due to government-imposed travel requirements. Post-pandemic, passengers want improved convenience throughout their trip. Digitalization and use of biometrics to speed up the travel journey is the key,” said Nick Careen, IATA’s Senior Vice President for Operations, Safety and Security. GPS results are based on over 10,000 responses from 222 countries. The survey provides insight into what passengers would like from their air travel experience. Planning and Booking Passe...
Read MoreTravel Fintech Startup SanKash reveals preferences of Indian tourists for vacations Saw 40% bookings from West India, 31% from South, 26% from North and 4% from East India for August’s long weekend vacation trips Indian Travelers have started making their long weekend travel plans fairly in advance to beat the rush. Flights and trains are booked more than one month in advance, mostly due to cheaper rates and limited seats. Online Travel Aggregators (OTA) generally observe a 40-50% increase in advance air ticket bookings during long weekends. This was revealed by SanKash, India’s only travel fintech brand that facilitates online and offline travel operators to provide innovative payment plans to their customers. SanKash released the latest data on travel trends for long weekends...
Read More# VFR travellers likely to lead demand in the immediate travel recovery phase# VFR travel set to increase at a compound annual growth rate (CAGR) of 24.8% between 2021 and 2024# UK-US flights set to underpin recovery as demand for flights increases The announcement that US travel restrictions for vaccinated UK residents will be relaxed from early November will be met positively by people keen to reunite with family and friends. Leading data and analytics company GlobalData notes that the number of people travelling out of the UK to visit friends and relatives (VFR) is set to rise from 10.6 million in 2021 to 20.5 million by 2024 – that’s an impressive 24.8% CAGR. This is only good news for US tourism, which will benefit from an influx of UK tourists. FILE PHOTO: People queue to ente...
Read MoreVisiting friends and relatives will be a driving force behind travel’s recovery
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...
Read MoreSome UK domestic holiday and accommodation providers have increased prices significantly throughout 2021 amid soaring ‘staycation’ demand and this could deter British tourists in 2022, says GlobalData, a leading data and analytics company. FILE PHOTO: Travellers with they suitcases sit at the Eurostar terminal at St Pancras International in London, Britain. REUTERS/Hannah McKay Craig Bradley, Associate Travel & Tourism Analyst at GlobalData, comments: “Increasing prices risks resulting in a lost opportunity for many UK tourism companies that previously had a prime opportunity to increase competitiveness with outbound tour operators. Instead, overinflated prices could effectively price them out of the market for summer 2022 and beyond, when UK travelers are more likely to venture...
Read MoreIndia is home to some of the most majestic works of architecture (think Taj Mahal), and with charming, quaint hillsides and exotic beaches, it’s no wonder Indian travellers are rejoicing in hybrid work. Amadeus, the world’s leading travel technology company has released its latest Travel Trends, detailing four key trends that are shaping up travel. Indian travelers are embracing the workcation, one of the key trends that offers city dwellers a chance for remote working whilst holidaying. The report identifies two key findings: 1. This year Indian travellers are searching for their destination just one day before departure 2. These travellers are searching for long-term stays with a duration of 14 to 30 days and sometimes more Both of these in contrast to 2019, where travel...
Read MoreThe biggest crisis in the history of tourism continues into a second year. Between January and May, international tourist arrivals were 85% below 2019 levels (or a 65% drop on 2020), UNWTO data shows. Despite a small uptick in May, the emergence of COVID-19 variants and the continued imposition of restrictions are weighing on the recovery of international travel. Meanwhile, domestic tourism continues to rebound in many parts of the world. The latest UNWTO data shows that over the first five months of the year, world destinations recorded 147 million fewer international arrivals (overnight visitors) compared to the same period of 2020, or 460 million less than pre-pandemic year of 2019. However, the data does point to a relatively small upturn in May, with arrivals declining by 82% ...
Read MoreDespite travel restrictions caused by COVID-19, it appears that consumer confidence has not been deterred too drastically, as a recent survey by GlobalData, a leading data and analytics company, revealed that 36% of respondents stated that they would consider an international trip to a different continent in the next 12 months, which is eight percent more than the percentage of respondents that stated they would consider an international trip to a country within the continent in which they live. Ralph Hollister, Travel and Tourism Analyst at GlobalData, comments: “Due to COVID-19, there has been frequent adjustments made to travel restrictions, and each country has different regulations in place, which means that traveling to a different continent in the short-term will still be risky....
Read MoreInterMiles Consumer Sentiment Index reveals people are craving to break away from monotony In times of current pandemic things are changing very fast and even when we are going for vaccination at rapid pace, increase in numbers of active infections over the last fortnight has caught everyone by surprise. But it has been quite a long past 12 months and people are eager to break free. They are craving for travel. We have already passed the first quarter of the calendar year and time for traditional summer vacations is very close. Therefore—although in uncertain terms—but it is time to see what people expected of a new year. A survey has revealed the travel wishes of the travellers. InterMiles, a leading loyalty and rewards programme, has published results of their second travel...
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