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Shaping the future of travel: Macro trends driving industry growth over the next decade
Posted on: 14 April 2014
By: mackene
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Filed under: News
This report, written by Oxford Economics and commissioned by Amadeus, forecasts travel to grow by 5.4% perannum over the next 10 years, outpacing global GDP. Moreover, global travel is now set to grow at a significantly faster rate than during the financial crisis, where growth was just 4.1% per annum. At the same time, China’s growth in outbound travel, which as recently as 2005 stood at just 1%, will enable it to overtake the U.S to become the world’s largest outbound travel market this year, with the number of Chinese households able to afford overseas travel set to more than double in the next 10 years to reach 220 million. China will also become the biggest domestic travel market by 2017, driven largely by rapidly increasing GDP, rising employment levels and higher consumer spending.
UNWTO Annual Report 2013
Posted on: 9 April 2014
By: mackene
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The latest annual report of the World Tourism Organisation highlights its work during 2013.
Global Report on the Meetings Industry
Posted on: 8 April 2014
By: mackene
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This report from the World Tourism Organisation aims to act as a guide on trends and expectations towards the meetings industry.
Study into the potential economic impact of wind farms and associated grid infrastructure on the Welsh tourism sector
Posted on: 8 April 2014
By: mackene
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Filed under: News
This study by planning consultancy Regeneris Consulting and tourism consultancy The Tourism Company, commissioned by the Welsh Government, found that Wales’s key tourism areas and visitor assets are, for the most part, unlikely to be affected by wind farm development.
The digilution of travel. London, 18 March 2014
Posted on: 3 April 2014
By: mackene
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Filed under: Events presentations
This event, organized by the Travel Technology Initiative, considered how to capitalise on the digital travel revolution, now and into the future. Presentations are available online.
Travel and tourism economic impact 2014: Japan
Posted on: 1 April 2014
By: mackene
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Filed under: News
While Japan experienced strong inbound tourism in 2013, the future is less than certain for a country that lags behind only the UK for anticipated tourism growth in 2014 among G20 nations, according to the latest annual economic impact data from the World Travel and Tourism Council.
Middle East hotel development cost trends
Posted on: 1 April 2014
By: mackene
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Filed under: News
This report presents the trends in hotel development costs across key markets in the Middle East. It highlights the current development costs for different hotel classifications and discusses the various factors that affect changes in these costs.
In Focus: Corfu, Greece
Posted on: 1 April 2014
By: mackene
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This article summarizes the recent tourism market trends of Corfu and outlines its tourism outlook.
UK Travel Management Study
Posted on: 27 March 2014
By: mackene
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UK version of the ninth AirPlus International Travel Management Study, the annual snapshot of how travel managers in 24 countries around the world view corporate travel trends.
GREAT China Welcome Charter
Posted on: 26 March 2014
By: mackene
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Filed under: News
VisitBritain’s GREAT China Welcome programme aims to make Britain the destination of choice for the rapidly-growing Chinese market. Visitors from China have doubled in the last five years and it is hoped that they will treble again by 2020. At the centre of the programme is a new GREAT China Welcome Charter to help Chinese visitors easily identify hotels, attractions, retailers and tour operators that are making themselves ‘China-ready’ by providing information in Mandarin or Cantonese and adapting their products for the Chinese market and culture.
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