Following the announcement by Chancellor Rishi Sunak that the UK government will only step in to support airlines as a last resort, a clear divergence...
Following the news that Royal Caribbean has agreed a $2.2bn loan facility with banks to shore up cash flows as the coronavirus (COVID-19) pandemic hits travel companies; Ben Cordwell, Travel & Tourism Analyst...
Following the recent news that Dubai-based carrier Emirates Group asked staff to take paid and unpaid leave in response to the effect of the new coronavirus (Covid-19) on...
Following the news that the US has suspended arrivals from 26 European countries in a bid to tackle the coronavirus outbreak; Ralph Hollister, Travel & Tourism...
Following EU Commission President Ursula van der Leyen’s statement that the EC is looking to introduce temporary measures to curb the use of ghost planes; Nick...
The Boeing 737 MAX’s grounding put Delta in the pole position to overcome the competition, in terms of sentiments, as Delta Air Lines saw an...
Coronavirus is being cited as a main cause for Flybe falling into administration, but the writing has been on the wall for the airline since its profit...
As fear over the coronavirus builds, people are beginning to question whether they should travel abroad, with many cancelling or re-arranging their Summer holiday plans....
Following the news that Heathrow’s third runaway expansion has been ruled illegal by court; Johanna Bonhill-Smith, Travel and Tourism Analyst at GlobalData, a leading data and...
Following the news of serious coronavirus outbreaks outside of Asia, the tourism industry must ready itself for a rocky ride. Nick Wyatt, Head of R&A and...
The health and wellness tourism trips to Asia are forecast to reach 128.3 million by 2022 that will help Asia to become the world’s fastest...
Following the news that American Airlines has extended its partnership with Alaska to close the gap on Delta; Ralph Hollister, Travel & Tourism Analyst at GlobalData,...
Following the news that the impact of coronavirus on Southeast Asian (SEA) tourism industry could result in a significant hit; Animesh Kumar, Director of Automotive and Travel & Tourism...
Thailand, Indonesia, Singapore and Malaysia have all experienced expansive growth within inbound European travelers. Vietnam however stands out as the one country in the region...
Following the news (Tuesday 4 February) that the UK's aviation industry is promising to reduce its net carbon emissions to zero by 2050;Ben Cordwell, Associate...
International arrivals to the Bahamas are set to reach 1.6 million in 2022, reflecting a compound annual growth rate (CAGR) of 2.3% between 2019 and...
In 2018, China was the largest market for luxury hotels in the world registering year-over-year (YOY) growth of 18.3% in revenue. Continuing the momentum, China dominated the...
The UK is finally leaving the EU, but there remains much speculation about potential future visa requirements for holidaymakers. Nick Wyatt, Head of R&A and Travel...
The number of seats sold by the Chinese Full Service Carriers (FSC) in 2018 looked to a staggering 561.3million surpassing the Low Cost Carrier industry...
Following the news that Hong Kong is restricting its borders with the mainland to limit the spread of coronavirus; Ben Cordwell, Travel & Tourism Analyst at GlobalData, a leading data...
GlobalData recently released its Tourism Potential Index report, which aims to offer a clear view of the potential for growth of the main developed and emerging national tourism...
In 2018, the US reported the highest revenue in the budget hotel market worldwide, followed by the UK. Revenue increased by 3.5% year-over-year (YOY) in...
Following the news that the number of international tourists is set to reach 1.7 billion in 2022 and no country will see a greater increase...
The US recorded the highest number of low-cost carrier (LCC) seats sold in 2018 at 246 million and the LCC industry in this destination continues...
Following the news that OYO’s growth strategy is currently being re-evaluated due to questions surrounding its ability to become profitable. Ralph Hollister, Analyst, Travel & Tourism...
Spa tourism in Kenya has been excelling at a swift rate. From 2015 to 2019, spa visitation grew at a compound annual growth rate (CAGR)...
Following the announcement of a rescue plan for Flybe; Ralph Hollister, Travel & Tourism Analyst at GlobalData, offers his view on the situation: “The rescue package may...
In light of the demise of the 178 year old operator, Thomas Cook, there has been much chaos and uncertainty surrounding the package holiday market. However,...
Following the news that the UK government is rumoured to be considering changes to air passenger duty as Flybe’s future hangs in the balance, Nick...
Following today’s news (Monday 13 January) that Flybe is reportedly holding crisis talks with the British government, Ben Cordwell, Travel & Tourism Analyst at GlobalData,...
Sustainability is a megatrend in tourism due to the negative environmental, social and economic impacts the industry creates on a global scale. Ralph Hollister, Travel...
The number of international departures from Turkey is expected to increase from 10.1 million in 2018 to 12.2 million by 2023, despite recent issues affecting...
Following the news that a consortium formed between South Korea-based construction company Hyundai Development Co (HDC) and Mirae Asset Daewoo has agreed to acquire controlling...
As 2019 draws to a close, Laura Beaton, Research Analyst, Travel and Tourism at leading data and analytics company GlobalData, looks at the key trends...
The South Korean outbound tourism market has overtaken India in international departures to emerge as the second highest outbound travellers’ destination from the Asia-Pacific (APAC)...
Oman is a rising gem in the inbound Gulf Cooperation Council (GCC) traveler market with international arrivals having grown a total of 11.2% between 2017...
This year has been an eventful one in the airline industry. As 2019 draws to a close, Nick Wyatt, Head of R&A, Travel and Tourism...
As 2019 draws to a close, Nick Wyatt, Head of R&A, Travel and Tourism at leading data and analytics company GlobalData, looks at the key...
Following the sudden announcement that Expedia’s CEO and CFO have been ousted; Nick Wyatt, Head of R&A and Travel & Tourism at GlobalData, a leading data...
The number of international travelers from Japan to France is set to grow from 1.1 million in 2019 to 1.3 million in 2023, increasing at...
In order to succeed within today’s travel industry, the importance of holding an online platform could not be more crucial. Global online travel agent market...
Following today’s news (Tuesday 19th November) that easyJet is relaunching its package holiday business as the airline looks to fill the gap left by Thomas...
By 2022, international arrivals to the North Africa region will grow from 31 million in 2018 to 37.4 million, posting a compound annual growth rate...
Following the announcement of MGM Resorts International results for Q3 2019, Johanna Bonhill-Smith, Travel and Tourism Analyst at GlobalData, a leading data and analytics company, offers...
Following the announcement of Wyndham Hotels & Resorts results for Q3 2019, Johanna Bonhill-Smith, Travel & Tourism Analyst at GlobalData, a leading data and analytics company,...
Following the release of Southwest Airlines’ Q3 2019 results, Laura Beaton, Travel and Tourism Analyst at GlobalData, a leading data and analytics company, offers her view: “An...
Following the announcement that Alaska Airlines generated better than expected results for Q3 2019, Johanna Bonhill-Smith, Travel and Tourism Analyst at GlobalData, a leading data and...
Traveling by sea throughout Australia is becoming a popular past time for the domestic travelers. As a result, cruise operators are increasingly joining forces to...
The number of tourists venturing to hotel/resort spas within China is forecast to double from 7.5 million in 2018 to 14.8 million by 2022, according...
Following today’s news that Hays Travel is to acquire 555 Thomas Cook stores from the Official Receiver, Nick Wyatt, Head of R&A, Travel & Tourism at...
The number of international travelers from India to the UAE is set to grow from 2.6 million in 2019 to 3.3 million in 2023, increasing...
