Based on Euromonitor International’s Top 100 City Destinations Index 2022, five out of the top six cities are also ranked among the top 12 in terms of number of short-term rental outlets in 2022. Paris, Dubai, Madrid, Rome and London – all have a great supply of short-term rentals that is crucial for diverse tourism, as well as actively involving local communities in the industry. The only exception being Amsterdam recording a shrinking offer due to its strict regulation policy.
Join Euromonitor International's Head of Travel Research, Caroline Bremner, and Fiona Jeffery, the founder of Just a Drop, as they discuss the inspiration behind the charity.
As the world gravitated toward a cashless society over the past decades, Africa was continuously delayed by the relatively high level of the unbanked population. Nevertheless, the banking sector’s failure to address the issue gave a unique opportunity for telecommunication companies to introduce mobile money services. This article will explore opportunities created by mobile money across payments, retailing, travel and sustainability in Africa.
Loyalty is at a crossroads with businesses rethinking and revitalising their brand strategies in light of the changing consumer preferences, e-commerce boom and dynamic economic conditions. Curating an emotional bond with consumers becomes a dominant factor for adding value and increasing retention.
The eating at home business – an estimated total of retail packaged food and delivery/takeaway foodservice sales combined – has surged as an effect of the pandemic, and it is offering more options for consumers. In 2022, it was a USD3.8 trillion market and estimated to cross USD4.6 trillion by 2027.
Tequila, the traditional Mexican spirit, is the fastest growing spirit category worldwide, forecast to see an impressive 27% CAGR between 2021 and 2026. At the same time – and while accounting for one of the smallest volume shares among all major spirits categories, it holds huge value growth potential – having become almost synonymous with the premiumisation narrative. Its an impressive rags to riches story for a segment that had the humblest of beginnings.