Articles tagged “euromonitor”

Travel Companies Face a Trust Deficit Unless They Reset Use of Customer Data

Travel Companies Face a Trust Deficit Unless They Reset Use of Customer Data

Caroline Bremner, Euromonitor

An established order can only endure if it can take in outsiders. Rome fell to the barbarians, while the British upper class has assimilated celebrities and immigrants. Travel sellers like Google and TUI must absorb new technologies like blockchain or else they will die.

3 weeks ago

Brands Must Rethink Engagement With the New Digitally Connected Traveler

Brands Must Rethink Engagement With the New Digitally Connected Traveler

Michelle Evans, Euromonitor International

Widespread digital connectivity has created a generation of travelers who are more impatient, demanding, and savvy than ever before. Travel brands must adapt to meet those needs.

4 months ago

Hong Kong Is Top City for International Visitors Despite China Tensions

Hong Kong Is Top City for International Visitors Despite China Tensions

Pan Pylas, Associated Press

Hong Kong has the benefit of being located next to mainland China, the world's largest outbound travel market. But Greece and Italy, benefiting from turmoil in Tunisia and Egypt, are among the more interesting findings, especially since Greece and Italy were already having trouble managing tourism growth.

6 months ago

The Demographic That Luxury Travel Marketers Forgot About

The Demographic That Luxury Travel Marketers Forgot About

Laura Powell, Skift

Given their relative wealth and amount of free time, mid-lifers — otherwise known as the youngest baby boomers and the oldest Gen Xers — don't seem to be getting the proper respect and attention from travel marketers. A new report suggests that luxury marketers that ignore this group do so at their own peril.

7 months ago

Artificial Intelligence’s Unrecognized Potential for Luxury Travel Brands

Artificial Intelligence’s Unrecognized Potential for Luxury Travel Brands

Samantha Shankman, Skift

It’s clear that there are ways in which luxury brands can differentiate their customer experience using artificial intelligence, but it will require a sophistication that is still unseen in the travel industry.

8 months ago

Automation Is Poised to Further Disrupt Business Travel

Automation Is Poised to Further Disrupt Business Travel

Caroline Bremner, Euromonitor International

The forces disrupting business travel today are varied, but industry leaders should keep one thing in mind: The needs of travelers must stay a top priority.

12 months ago

How Luxury Hotels Can Adapt to a Rising and Wealthier Middle Class

How Luxury Hotels Can Adapt to a Rising and Wealthier Middle Class

Samantha Shankman, Skift

New luxury consumers need to come from somewhere, and a slightly more wealthy middle class can provide an entry point for brands.

12 months ago

Luxury Travel Spending From Emerging Markets Will Slow in Coming Years

Luxury Travel Spending From Emerging Markets Will Slow in Coming Years

Samantha Shankman, Skift

The luxury market is leaning heavily on emerging markets' growing incomes and aspirational lifestyles, so it must be prepared to weather changes in this demand by keeping personalization and authenticity at the forefront.

12 months ago

The 20 Most Popular Cities for International Travelers

The 20 Most Popular Cities for International Travelers

Dan Peltier, Skift

There will likely be many changes to this ranking as 2016 numbers are finalized as some of the most-visited cities experienced weaker currencies or violence last year. Keep in mind, however, that some of these cities base their data on airport arrivals who don't actually step foot from the airport and experience the destination.

1 year ago

Has Personalization of Passenger Experience Entered a Critical Stage?

Has Personalization of Passenger Experience Entered a Critical Stage?

Nadejda Popova, Euromonitor

We may be further along than we were just a year ago, but there's still a long way to go.

1 year ago

3 Charts Showing Growth of Short-Term Rentals vs. Hotel Online Bookings

3 Charts Showing Growth of Short-Term Rentals vs. Hotel Online Bookings

Dan Peltier, Skift

Online hotel bookings remain much more valuable than online short-term rental bookings and will see larger long-term online growth as more travelers use their devices to book a room and move away from alternative booking methods.

1 year ago

Why Short-Term Rentals Will Change the Business Travel Landscape

Why Short-Term Rentals Will Change the Business Travel Landscape

Wouter Geerts, Euromonitor

Travelers are increasingly demanding control for their leisure trips, so why not for their business trips too? It will not be long before this becomes the norm.

1 year ago

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