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Analyst Opinions
Source Market Insights: China
Chinese consumers fuelled a travel and tourism boom, which has grown over the historic period. However with over 130 million Chinese tourists making outbound trips in 2016, growth has slowed down considerably with just a 2.3% increase on the previous year. Chinese tourists spent over US$189.3 billion in 2016, a slight drop of -1%. Although there were some significant setbacks last year in China’s stock market and currency, this did not greatly affect the growth of travel and tourism. GlobalData...
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Consumer Insights
GlobalData Travel and Tourism Survey 2017-2018
"GlobalData Travel and Tourism Survey 2017-2018", report analyzes travelers’ opinion on the purpose of air travel and the preferred channels/devices used by them when booking air tickets. This report also examines travelers’ opinions with regard to the average shopping frequency, preferred travel destinations, and the average time spent at airport retail outlets. In addition, the report examines the travelers’ product shopping trends, and the key factors that motivate them to shop at airport retail stores. Furthermore, the report provides information...
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Consumer Insights
Consumer Segmentation Model: Food Tourism
"Consumer Segmentation Model: Food Tourism", report contains a consumer segmentation model regarding the food tourism market based on survey responses. Main objective is to understand the three different consumer segment groups based around food tourism. GlobalData has identified three different types of food tourists worldwide: Foodies, Adventurers, Traditionalists. What else does this report offer? - Detailed market analysis, information, and insights, including: - Historic and forecast tourist volumes and values covering Germany’s outbound tourism sector - Detailed analysis of tourist...
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Sector Analysis
Upcoming Tourism Destinations in South America: Flows & Spending in Argentina, Brazil, Chile, Colombia and Peru
"Upcoming Tourism Destinations in South America: Flows & Spending in Argentina, Brazil, Chile, Colombia and Peru" provides key insights on the emerging tourism destinations in South America. It covers domestic, inbound and outbound tourism flows and spending and, analyses key trends, drivers and growth inhibitors. There is clear potential for tourism in South America. Colombia has the most promising economy of all countries, with an average annual rate of 4% real GDP growth up to 2025. However, current economic conditions...
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Analyst Opinions
Outbound Tourism Spending Habits in Top 10 Countries
"Outbound Tourism Spending Habits in Top 10 Countries" provides detailed information on the top 10 outbound tourism markets globally. This report analyzes market data and provides a better understanding of tourism flows and tourist expenditure. The report provides detailed market analysis, information and insights, including - - Historic and forecast tourist volumes covering the top 10 global outbound tourism markets - Detailed analysis of tourist spending patterns in these markets such as average spending per trip and total expenditure -...
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Consumer Insights
Travel and Tourism Industry Business Outlook and Procurement Survey H1 2017
GlobalData’s "Travel and Tourism Industry Business Outlook and Procurement Survey H1 2017", report examines executives’ opinion on the business outlook and procurement activities over June-November 2017. Organizations can know about key business priorities, supplier price variations, changes in procurement expenditure, and supplier prices with the implementation status of e-procurement within the travel and tourism industry. Additionally, it provides information categorized by region and company type. Amid growing market uncertainty, and rising competition, organizations within the travel and tourism industry are...
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Analyst Opinions
Source Market Insights: United Kingdom
UK residents spent £3 billion on their visits abroad in March 2017, a 13% increase when compared with March 2016. In the three months to March 2017, UK residents made 1% more holiday visits abroad than the same period a year previously. New international LCC routes will expand in the US in 2017, particularly to smaller second tier airports such as Providence, Rhode Island and Bradley International, Connecticut. Such expansion will predominantly bolster travel to European countries such as France,...
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Track & Monitor
Tourism Market Potential Index 2017
GlobalData's "Tourism Potential Index 2017", provides a ranking of 60 major developed and emerging markets around the world to inform the reader of potential growth opportunities in the tourism sector. GlobalData’s Tourism Potantial Index is designed to provide a standardish view of the underlying level of potential for expansion in the tourism sector across 60 major markets in both the developed and developing world. The first part of the ranking is based on the forecasted average annual growth in international...
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Track & Monitor
Tourism Board Marketing Index
GlobalData's "Tourism Board Marketing Index", measures the marketing efforts of 100 tourism boards around the world. The Tourism Board Marketing Index provides an insight into the individual marketing performance of different tourist boards. To compile the rankings, a host of direct and indirect indicators are taken into consideration such as the effectiveness of marketing to attract tourists, the ratio of social media followers to international arrivals and the quality of the design of tourism boards' webpages. The report includes both...
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Case Studies
Case Study: Machine learning in the hotel industry - How can artificial intelligence, machine learning, and Big Data boost efficiency in the industry?
Hospitality was historically not one of the industries considered to be at the forefront of technological innovation. Yet, during the past decade the digital revolution that took place has completely transformed practices within the industry, prompting players to adopt innovative strategies to adapt to the constantly changing environment. The report discusses examples of how the industry is gradually embracing machine learning and artificial intelligence. In the past, bookings and transactions were manually handled by the individual itself or by a...
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