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GlobalData
GlobalData

Travel & Tourism

Anticipated boom in summer holiday bookings dampened by uncertainty over travel restrictions, says GlobalData

European operators were banking on summer 2021 providing an opportunity to start generating some much-needed income. However, many travelers have remained hesitant and the anticipated boom in travel may not occur to the desired extent. With uncertainty over what travel restrictions will be in place, many travelers remain reluctant to book, says GlobalData, a leading […]
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Despite surge in COVID-19 cases, Thailand can go ahead with Phuket pilot to revive tourism, says GlobalData

Following the news that Thailand reported 967 new COVID-19 cases on 11 April 2021; Animesh Kumar, Director of Travel and Tourism Consulting at GlobalData, a leading research and consulting company, offers his view: “The news casts a shadow over Thailand’s plans to reopen tourism and allow quarantine-free visit to vaccinated the international tourists from July […]
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Smart cities are the next step for urban tourism post-pandemic, says GlobalData

Aiding the visitor experience, mitigating the effects of overtourism and leading to more sustainable management, smart cities are the way forward in post-pandemic travel. Digital ‘vaccine passports’ continue to create headlines worldwide and are meant to ensure the safe recovery of international travel post-pandemic. This concept paves the way for a closer relationship between technology […]
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Quarantine-free travel for vaccinated tourists will expedite tourism revival in Thailand, says GlobalData

Following the news that Thailand will partially open for vaccinated tourists from July 2021; Animesh Kumar, Director of Travel and Tourism Consulting at GlobalData, a leading research and consulting company, offers his view: “The move is an extremely positive development for the tourism industry as well as the economy of Thailand. The country’s economy is […]
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Airbnb’s sentiments on knife-edge despite relative positivity in Q1 2021, says GlobalData

Airbnb’s sentiment score was moderately high at 0.73 (scale of 0 to 1) in Q1 2021*, according to GlobalData, with top themes in its earnings transcript report including mobile payments, regulation and geopolitics. The company’s sentiments were slightly higher than average for the T&T sector**, and it seems to have gained resilience by scaling back […]
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Intra-regional tourism crucial for post-COVID-19 ASEAN tourism revival, says GlobalData

Due to an abundance of low-cost connectivity and an increased preference for travel closer to home, the intra-regional tourism will play a key role in revitalizing the ASEAN countries’ tourism economies, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Tourism Destination Market Insight- ASEAN (2021)’, reveals that in 2019, 44.3 million tourists […]
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Digital vaccine passports need to be unified to strengthen recovery of international travel, says GlobalData

Trials for vaccine passports are rolling out to ensure the flow of safe travel between international destinations but there remains a lack of collaboration which will only further delay international travel’s recovery, says GlobalData, a leading data and analytics company. Forming an internationally recognized system as a global standard for all destinations would help ensure […]
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Closure of in-store travel agencies marks a turning point in travel retail, says GlobalData

COVID-19 has accelerated the digitization of the travel agent model, creating more shop closures as in-store agencies switch operations online. This is a necessary adaptation to changing consumer preferences, says GlobalData, a leading data and analytics company. Johanna Bonhill-Smith, Travel & Tourism Analyst at GlobalData, comments: “The long-term survival of in-store travel agencies has been […]
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