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Sector Analysis
The Global Budget Hotels Market to 2020
The Global Budget Hotel Market industry grew in 2015 due to demand for affordable accommodation, with an increase in the middle-class population in Asia-Pacific and European regions. The US ranked first in the Budget Hotels segment with room supply of 874,591 in 2015, followed by the UK and China, while Malaysia was the fastest-growing market at a CAGR of 12.2%. In terms of occupancy rate, Asian countries led from the front with Hong Kong (87% in 2015) at the top,...
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Analyst Opinions
Changing Trends in Business Travel Booking in 2017-2018
GlobalData’s "Changing Trends in Business Travel Booking in 2017-2018", report examines industry sentiment about the changing trends in business travel booking in 2017-2018. Furthermore, the report seeks to know travelers approach towards business travel, has it been impacted by recent political and economic events, important criteria for business travel booking, and the transport preferences and expenses incurred for business travel in 2017-2018. Over the past 12 months, business travel by air towards China and the United States has increased as...
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Analyst Opinions
Global Full Service Airlines Market to 2021: Market data and insights on global full service airlines industry
GlobalData’s "Global Full Service Airlines Market to 2021", report provides a thorough insight into global full service airlines market. The report shades light into the key trends and issues. It offers key insights at regional level and major country level markets analyzing the number of seats available and seats sold, load factor, average revenue per passenger, total revenues, revenue generating passenger kilometers and passenger kilometers available. Full service carriers (FSCs) are facing significant competition from LCCs and are aggressively pursuing...
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Analyst Opinions
The Future of Foodservice in Tourism: Regional analysis and country focus of the profit sector and accommodation to 2021
Foodservice relates to the supply of any meal outside of the home. The foodservice industry is largely connected with the tourist industry as tourists seldom prepare their own meals hence rely heavily on foodservice whilst visiting other countries. The profit sector - which groups a number of foodservice sectors - includes accommodation as well as leisure, restaurants, retail, mobile operators, travel, workplace, and pubs, clubs & bars. The profit sector is crucial for the tourist industry, as tourists are likely...
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Analyst Opinions
Tourism Source Market Insights: India - Analysis of tourist profile, traveler flows, spending patterns, main destination markets, and risks and opportunities
GlobalData’s "Tourism Source Market Insights: India", provides a thorough insight into India’s outbound tourism industry. India is of the fastest growing outbound tourist markets in the world, this report delves into different aspects of this market, including traveller profiles, traveller flows, spending patterns, main destination markets, how to attract Indian tourists, and future risks and opportunities. India has experienced significant economic growth and a fast growing middle class, which has led to surge in outbound tourism. India’s outbound tourist market...
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Analyst Opinions
Global Low Cost Airlines to 2021: Market overview and insights for low-cost airlines to 2021
GlobalData’s "Global Low Cost Airlines to 2021", report provides a thorough insight into global low cost airlines market. The report shades light into the key trends and issues. It offers key insights at regional level and major country level markets analyzing the number of seats available and seats sold, load factor, average revenue per passenger, total revenues, revenue generating passenger kilometers and passenger kilometers available. Low-cost carriers (LCCs) have gradually evolved to become a popular alternative to full-service airlines over...
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Case Studies
Case Study: Royal Caribbean - Using technology to provide an immersive guest experience in the cruise industry
"Case Study: Royal Caribbean", explores how the company uses technology to provide an immersive guest experience in the cruise industry. By implementing technological features, the company aims to improve the customer experience on board in order to attract younger passengers, who currently only represent a very small proportion of its customers. The report shows how Royal Caribbean's cruise ships combine robotics, augmented reality, and radio-frequency identification (RFID) tags to enhance the entertainment offerings for travelers, while providing a unique technological...
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Analyst Opinions
CIVETS: Emerging tourism giants? Tourism Flows in Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa
"CIVETS: Emerging tourism giants? Tourism Flows in Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa", provides key insights on the inbound tourism. It covers key trends and issues, in-depth analysis and outlook for these six markets. Inbound tourism showed mixed trends in CIVETS economies in 2016 with few showing strong growth, while others fell steeply. Turkey and Egypt reported a sharp decline due to security concerns. However, with Russia agreeing to resume flights to Egypt and improved Turkish-Russian relations, GlobalData...
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Analyst Opinions
The Changing Nature of Business Travel: Analysis of key trends and business opportunities for the industry
GlobalData’s "The Changing Nature of Business Travel", report provides an in depth analysis on the key industry trends in business travel for 2018, offering an insight into both business travelers and industry players. Increased business confidence, trade and a better outlook for both the US and the Eurozone are expected to boost the demand for business travel. Yet, technology and demographic changes are transforming business travel. As the needs of business travelers are becoming increasingly complex, and technology is revolutionizing...
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Analyst Opinions
Travel and Tourism Industry Business Confidence Report H1 2018
GlobalData’s "Travel and Tourism Industry Business Confidence Report H1 2018", examines executives’ opinion about the business environment during H1 2018. It also highlights existing economic conditions, supplier price variations, sales performance, industry and company growth outlook, spending patterns, and key priorities. Additionally, the report provides information categorized by region. The existing economic environment is stable for the travel and tourism industry during H1 2018 (February 2018-July 2018). Globally, 41% of respondents indicate a stable economic state in H1 2018, while...
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