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GlobalData
GlobalData

Travel & Tourism

North American inbound tourism spend declined by 74.1% in 2020

Destinations across North America (USA, Mexico and Canada) are at different stages of tourism development. However, one common factor is that the effects of the COVID-19 pandemic in 2020 have been hard felt for each respective tourism economy, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Tourism Destination Market Insight: North America […]
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UK domestic tourism price increases could see travelers flock to outbound operators in 2022, says GlobalData

Some 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. Craig Bradley, Associate Travel & Tourism Analyst at GlobalData, comments: “Increasing prices risks resulting in a lost opportunity for many UK tourism […]
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Wizz Air’s capacity ramp-up could bear fruit

Wizz Air’s bet on a European traffic rebound could pay dividends for the carrier. Low-cost flights are set to be in demand, and the ultra-low-cost carrier could be a European powerhouse this summer, says GlobalData, a leading data and analytics company. Wizz Air’s low fares will be in demand as it aims to operate at […]
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Revolut’s ‘super app’ could threaten future profitability of leading travel brands across Europe and US, says GlobalData

Revolut’s new super app, ‘Stays’, could threaten the profitability of leading travel brands across Europe and the US, says GlobalData. The leading data and analytics company notes that the app has beat leading brands in the move towards end-to-end booking solutions, which comes right at home with travel-hungry customers looking for deals online. Johanna Bonhill-Smith, […]
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Egencia’s air-rail comparison tool signals shift towards a low-cost, sustainable future for business travel, says GlobalData

Travel management company (TMC) Egencia Travel’s game-changing new tool, which enables business travelers to compare rail alternatives to flights before purchase, will meet the modern-day demands of corporate travel programs, says GlobalData, a leading data and analytics company. Craig Bradley, Associate Travel & Tourism Analyst at GlobalData, commented: “Cost and sustainability are key factors in […]
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UK’s status as most visited destination for US tourists in Europe is threatened by mandatory quarantine, says GlobalData

The UK’s status as the most visited destination for US tourists in Europe is threatened by the mandatory quarantine on arrival. The list of European destinations now allowing US tourists to travel without quarantine is growing, meaning other European hotspots could prove to be more desirable in the short term, says GlobalData, a leading data […]
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Winter sun destinations may benefit from an uncertain European summer, says GlobalData

Due to ongoing risks related to COVID-19 contraction, not being fully vaccinated and fluctuating travel restrictions, destinations that can offer winter sun stand to benefit, says GlobalData, a leading data and analytics company. According to GlobalData’s Q1 2021 Survey*, 34% of European consumers were still ‘extremely worried’ about the impact of the COVID-19 pandemic. Additionally, […]
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