Travel

In the Travel Quarterly Statement for Q1 2019, we review which destinations have been upgraded or witnessed downgrades in tourism demand over the previous quarter. Q1 2019 was characterised by the ongoing Brexit crisis that has engulfed the UK, as ...

With nearly endless options for entertainment and lodging, Los Angeles is a global tourist destination and a popular city for domestic travelers within the US. Infrastructure renovation projects have begun on the Metro, Convention Center, and LAX. ...

Southwest Airlines remains the leading low-cost carrier in the world by a significant margin. In its home market of the US, however, Southwest finds itself increasingly squeezed between large scheduled airlines and ultra-low-cost competitors. For ...

Prague is Central and Eastern Europe’s leading tourist destination and one of the most visited cities in the world. Prague’s popularity stems from a rich heritage full of historical monuments conserved in an increasingly modernised, safe and smart ...

LATAM Airlines is slowly reaping the benefits of its merger with TAM; and after a couple of negative and complicated years is showing signs of renewed growth both in revenue and in passenger numbers. Adjustments to fares and routes, however, are ...

The market for travel intermediaries in Western Europe is very price competitive due to popularity of metasearch players and presence of global online travel brands. The leading economies, Germany and the UK, continue to be most sought after markets ...

The path to Brexit has not been smooth. Now with only weeks left until the UK’s official withdrawal from the EU, huge uncertainty remains about the UK’s future relationship with Europe. The threat of a no-deal Brexit is real as the UK government ...

InterContinental Hotels Group (IHG) is one of the largest hotel companies worldwide, based in the UK, but highly reliant on the North American market. In 2018 and early 2019 IHG filled gaps in its brand portfolio with the launch of avid hotels and ...

Las Vegas is the third most visited city in the US and the 26th most visited internationally. It has long been seen as a hub for gambling and nightlife, but has now expanded to include top-rated restaurants, outdoor adventures, sporting events, and ...

Cannabis is poised to disrupt virtually every consumer industry, from food and beverages to consumer health and beauty, as well as services such as tourism, retailing and packaging – within ten years, every consumer will use some form of cannabis as ...

Booking Holdings (formerly Priceline Group) is second largest online travel agency worldwide. The group predominantly utilises the agency model and relies heavily on Booking.com as its most important brand. Despite CEO Glenn Fogel stating the company...

Cannabis is poised to disrupt virtually every consumer industry, from foods, alcoholic drinks, hot drinks and soft drinks to beauty, consumer health, tobacco, tourism, retailing, and home and garden. Within the next decade, some form of cannabis will...

Marriott International is the largest hotel company worldwide following its acquisition of Starwood at the end of 2016. The company is performing strongly, although a major data breach puts a dampener on results. Heavily reliant on the US market, the...

Despite the marginal upgrade to tourism performance in Q4 2018,thanks to stronger economic growth in the US China, dark clouds are gathering over Europe. France is embroiled in a winter of social discontent led by the ‘gilets jaune’, whilst Italy’s ...

Travel intermediaries in Latin America experienced continued improvement in consumer acceptance over the last five years; rising to become the preferred destination for travel products in all countries in the region. Within intermediaries, similar to...

Expedia Group is the largest travel intermediary with gross bookings over USD100 billion. In 2017 company sales slowed down and 2018 saw further stagnation, although at 13% growth remains healthy. The battle for supremacy with Booking Holdings ...

Euromonitor International released its annual travel trends report at the World Travel Market in London on November 6, 2018. This report includes eight trends covering four geographical regions, with trends ranging from the joy of missing out to ...

Lodging in Latin America continues to grow surpassing the different socio-economic factors and challenges that have affected its performance in recent years. Mexico and Brazil are the preferred destinations, dominating sales of the top ten companies....

Airlines are embracing new consumer trends and adapting their strategies to align them with the preferences of their customers. Increasingly, carriers are positioning product offerings both in the luxury and low-cost segments through a differentiated...

Digital disruption sparks innovation in the travel industry, as the rules of the game no longer apply and boundaries blur. The pace of change of digitalisation is not for the faint-hearted, and only travel brands with bold vision and agility will ...