As F1 roars into town, hotel occupancies and rates in Singapore soar
As Singapore revs up for yet another Formula 1 Singapore Airlines Grand Prix this weekend, hotels, especially those close to the race circuit, are enjoying an influx of visitors paying record rates and splurging on dining and entertainment at the world’s only F1 night race.
Hilton Singapore, fo [...]
Workation, slow tourism, culinary tours: Niche travel big in Middle East, India and North Asia
Europ Assistance recently concluded its 2024 Holiday Barometer Power Breakfast in Singapore, a deep dive into global travel trends and insights from Europ Assistance and IPSOS, in line with their 23rd edition of the Holiday Barometer report. The survey gathered insights from 21,000 respondents acros [...]
Middle East travel sector on 40% growth, bookings surpassing $127 billion by 2027
Insight Out Consultancy, known for its hospitality market insights, has partnered with Phocuswright, the world’s foremost authority on global travel research, to contribute to the annual Middle East Travel Market Report. The latest edition forecasts a 40% growth in the region’s travel sector wit [...]
Fliggy highlights growing demand for premium experiences and self-driving tours
Prominent online travel platform and subsidiary of Alibaba Group, Fliggy, has released its 2024 Summer Travel Report, revealing an uptick in demand for premium travel experiences among Chinese consumers.
The report outlines key trends in both domestic and international travel, indicating an ove [...]
Muslim travel market set for 230 million international arrivals by 2028, with an expenditure of USD 225 billion
Mastercard and CrescentRating have jointly launched the Global Muslim Travel Index (GMTI) 2024, a comprehensive guide designed to study and deliver insights around Muslim-friendly tourism. This year’s report highlights major advancements and insights into a fast-growing market, shedding light on e [...]
Travel insurance gap exists among one-third of Asian adventure seekers
Klook, a leading platform for experiences and travel services in Asia, recently revealed findings of new research conducted by Klook Protect, its travel-first insurance arm. Exploring consumer attitudes, behaviours, and lifestyles impacting travel insurance today, ‘Travel Troubles Beyond Lost Lugg [...]
Asia-Pacific airlines’ demand up by 19.1%, inching closer to 2019 levels
Overall passenger demand up 8% in July
The International Air Transport Association (IATA) released data for July 2024 global passenger demand with the following highlights:
Total demand, measured in revenue passenger kilometers (RPK), was up 8.0% compared to July 2023. Total capacity, measure [...]
7 in 10 Singaporeans likely to reconsider relationships after travelling together, study reveals
In a recent study conducted by Bumble and Klook, it was revealed that travel plays a significant role in the relationships of Singaporeans, particularly among Gen Z and Millennials. The Roam-ance Study, which explored the intersection of love and travel, found that 73% of Singaporeans believe travel [...]
Singaporean travellers target intra-Asia trips for mid-autumn getaways
As the summer travel season concludes in Western countries, Singaporean travellers are beginning to plan for mid-autumn escapes, with a notable interest in intra-Asia destinations. According to the Expedia Fall Travel Outlook, there has been a 15% increase in flight searches for cities such as Tokyo [...]
Traveloka boasts 35 million+ customers for its most successful sales campaign
Traveloka announced the record-breaking success of its EPIC Sale 2024, which attracted over 35 million customers and served millions in USD savings through its discounts, with the company calling it the most successful sales campaign in its history.
Established in I [...]
