Despite a decline in the number of inbound arrivals in 2017, Malaysia remained an attractive destination thanks to its affordability, ease of access and stable socio-political environment. Furthermore, over the review period the weak ringgit favoured inbound tourism and encouraged a rise in tourist spending on shopping, dining and leisure...
Inbound tourism showed strong growth in Japan in both number of trips and total value sales during the review period, with neighbouring countries from the APAC region, including South Korea, China and Taiwan, remaining the main sources. The geographic proximity of these countries is set to make them key drivers of ongoing growth during the...
E-commerce continued to grow exponentially in Argentina in 2018, which was due to greater connectivity and higher penetration of smartphones within all socioeconomic levels and age groups. According to CACE data, during 2017, 15% of those who made an e-purchase made it through an app on a smartphone, up from 8% in 2016. Euromonitor...
Egyptian tourism has faced various challenges since the revolution in 2011 with arrivals from key source markets such as Russian and the UK declining over the review period. With a high level of political uncertainty in the Middle East and African region and exposure to various security threats, Egypt also faced a series of terrorist attacks....
In 2018, Ukraine continued to develop as a travel destination. Arrivals demonstrated growth in terms of both the number of trips and current value sales. Factors such as the improving economic and geopolitical situation and important sports and cultural events attracted larger numbers of international travellers. Furthermore, Ukraine benefited...
From the beginning of 2017, Peru faced a turbulent environment, which could have hampered the growth of arrivals. The first months of 2017 were particularly hard on the Peruvian economy, as the country was heavily impacted by El Niño, which led to a slowdown in consumption and high exposure of the magnitude of the disaster on international...
International arrivals to Thailand continue to record robust growth in 2018 in terms of number of trips. Growth in the number of arrivals from China has remained strong in 2018, with Chinese trips accounting for almost a third of all inbound arrivals. This is being driven by the expansion of new international routes particularly between Thailand...
While offline channels continue to account for the majority of intermediaries’ sales, the rise of online travel is reshaping the competitive environment for Japanese travel agencies. Travellers can now turn to a wide range of global online travel providers, the websites of airlines and hotels, metasearch websites and even search engines such...
The main traditional travel agency chains are adapting their online offer and making it more flexible and dynamic, with the main goal of reaching customers who look online to find unique offers and good deals. They are looking to improve their competitiveness compared with international online platforms. Most companies are adapting to mobile...
Booking.com, El Corte Inglés and Globalia Group were the leaders in travel intermediaries in Spain in 2018. Their growth is set to continue, especially in the online segment. Booking.com and Globalia are the most important online travel agents in Spain, and will continue to see strong performances due to their large consumer base and offer...