Amid the COVID-19 crisis, the global market for Luxury Hotels estimated at US$174.9bn in the year 2020, is projected to reach a revised size of US$209.3bn by 2027, growing at a CAGR of …
Tag: statistics
3.6% GROWTH FORECAST FOR EU TOURISM in 2019
Demand for tourism in Europe is expected to maintain an upward trajectory over 2019, according to the latest quarterly report “European Tourism – Trends & Prospects 2019” by the European …
APAC GROWTH CONTINUES
International visitor arrivals into Asia Pacific continued to see strong expansion, with close to 900 million arrivals expected in 2023.
INTERNATIONAL TOURIST ARRIVALS UP 6% IN 2018
International tourist arrivals reach 1.4 billion two years ahead of forecast
TRAVEL & TOURISM GROWTH OUTSTRIP GLOBAL GDP
Global air travel grew by a very healthy 5.9% in 2018, according to data just published by ForwardKeys.
U.S. ONLINE TRAVEL GROWTH CONTINUES TO OUTPACE THE OVERALL MARKET
The U.S. travel market is projected to grow a healthy 5% in 2018, benefiting from positive economic performance, particularly in the first three quarters of the year.
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LUXURY HOTEL MARKET: 4.3% CAGR
The global luxury hotel market size is expected to reach USD 115.80 billion by 2025, according to a new report by Grand View Research, registering a 4.3% CAGR during the forecast period.
IPK WORLD TRAVEL MONITOR – 2017 STATISTICS REVEALED
International travel sees one of the highest growth rates in the past twenty years.
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EU TOURISM UP 8% IN 2017
Europe welcomed 671 million international tourist arrivals in 2017, an outstanding 8% growth compared to 2016 (+2%)[1]. Europe has consolidated, for the eight consecutive year, its position as the leading destination worldwide.
TRACKING THE CHINESE TRAVELLER
Hotels.com has just released its latest data on travel trends for Chinese tourists, with a particular spotlight on the USA.