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Article

Global Economic Outlook: Q1 2023

Lan Ha

Lan Ha

2 Feb 23

At the outset of 2023, the global economy has seen some positive signs as inflation and energy prices ease from their peak levels. China’s end of zero-COVID policy also provides some growth impulses, though its full impact has not yet been unfolded. Nevertheless, the global macroeconomic environment remains challenging for economies, business and consumers in the year ahead.

Article

As Foodservice Recovers, What Can Food Retail Do?

Andres Chehtman

Andres Chehtman

31 Jan 23

Global foodservice transactions continue to recover in 2022 from the strong decline of 2020. In this article we show the reasons for the recovery, such as the desire to enjoy life and the rise of ordering food for home delivery, and what can packaged food companies do in light of the recovery of foodservice.

Article

Five Trends Driving Fresh Food

Anje du Plessis

Anje du Plessis

17 Jan 23

Fresh food retained its positive performance in 2022 with retail volume driving growth, thanks to healthy eating being a key motivator as the world emerges from the COVID-19 pandemic.

Article

Global Economy 2023 Q&A: Outlook Shaped by Geopolitical Risks, Inflation and End of China's Zero-COVID Policy

Maxim Hofer

Maxim Hofer

12 Jan 23

Our recent webinar Global Economy 2023 discussed the outlook for the global economy this year. We have received a significant amount of questions, not all of which could be addressed during the live Q&A session. This article provides some of the highlights.

Article

China's International Travel Recovery Takes Off

Alex Jarman

Alex Jarman

12 Jan 23

China is a critical market for global travel. In 2019, outbound Chinese travellers spent more than USD133 billion, the second highest amount globally. A major obstacle to the global travel industry’s recovery from the pandemic has finally been removed. On 8 January 2023, China eliminated most travel restrictions following the end of its ‘zero-COVID’ policy. Read on to find out more.

Article

Kidults in Southeast Asia Are Driving Sales of Toys and Games

Jason Tjiptadi

Jason Tjiptadi

10 Jan 23

The pandemic has impacted the traditional toys industry unfavourably in Southeast Asia, except for Singapore. This is a striking difference from other regions where a prolonged stay at home period and travel restrictions have is due mainly to economic strain which stopped consumers from purchasing non-essential goods, and the exponential rise of free-to-play video games. Despite the challenging environment, the toy industry in the region remains afloat and can look forward to the future, because of ‘kidults’.

Podcast

The Impact of Hybrid Working on Travel and Leisure

Alexander Göransson

Alexander Göransson

14 Dec 22

The fourth in a series exploring the impact of hybrid work on Western European industries, this episode explores the opportunities for destinations and brands in the growing "Bleisure Travel" market.

Article

Five Trends Driving Staple Food Sales

Tom Rees

Tom Rees

8 Dec 22

Most markets have emerged from strict pandemic restrictions in 2022, but the expected shifts in sales of staple foods were disrupted by surging inflationary pressures around the globe, and these pressures significantly worsened with Russia’s invasion of Ukraine. As populations continue to increase and climate change exacerbates production uncertainty, producers are navigating a post-pandemic landscape characterised by higher demand, rising costs and ever-greater challenges.

Article

Bleisure and Blended Options are Helping Travel Build Back Better

Stephen Dutton

Stephen Dutton

21 Nov 22

The ability to add leisure to a business trip – bleisure – has traditionally been an important growth opportunity in hospitality. Now, years since the pandemic first impacted travel, corporate business working policies have changed dramatically. Tighter travel budgets and new communication technologies have diminished the need to travel for work, even as the individual interest in travelling remains. A new host of flexible working models have emerged, and hospitality players are adapting.