Reports
Passenger demand up 10.7%, with Asia once again in the lead
08/07/2024 by Arvindh Yuvaraj
The International Air Transport Association (IATA) has released data for global passenger demand in May 2024, highlighting growth across all regions. Total global demand, measured in revenue passenger kilometers (RPKs), increased by 10.7% compared to May 2023. Total capacity, measured in available [...]
Asians vacation-deprived and need to adopt a Boomer mindset, says new Expedia study
21/06/2024 by Arvindh Yuvaraj
Singapore 5th most vacation-deprived country globally while Japan’s utilisation of vacation days ranks lowest in the world Expedia has released the 24th edition of its global Vacation Deprivation study, revealing insights into the work-life balance of over 11,000 workers from the Asia-Pacific reg [...]
Google’s response to Digital Markets Act causes 20% drop in organic traffic for hotels
21/06/2024 by Arvindh Yuvaraj
According to new data from D-EDGE Hospitality Solutions, the Digital Markets Act (DMA) had promised to level the playing field for hotels in the digital marketplace, but its initial effects suggest otherwise.  The DMA is a recent legislation by the European Commission designed to limit the power [...]
Corporate investments in travel and mobility remain robust amid decline in VC funding
21/06/2024 by Arvindh Yuvaraj
The latest "Travel and Mobility Tech Sector Attractiveness Report" from Lufthansa Innovation Hub provides an in-depth analysis of investment activity among 60 travel and mobility corporations from 2018 to 2023.  The report highlights noteworthy trends and investment priorities in aviation, groun [...]
Inclusive properties up by 200% in APAC, says new study
21/06/2024 by Arvindh Yuvaraj
70% of LGBTQ+ travellers seek travel inspiration from LGBTQ+ pop culture. Booking.com has released the fourth edition of its annual global LGBTQ+ travel research, highlighting key trends, experiences and challenges faced by LGBTQ+ travellers, especially those from the Asia-Pacific (APAC) region.  [...]
China outbound surges by almost 400% in 2024
12/06/2024 by Arvindh Yuvaraj
With only about 13% of Chinese citizens holding passports, there is substantial potential for growth, a new report indicates. According to a new report by Sabre, China's outbound travel market is experiencing a resurgence, with a nearly 400% increase in bookings for 2024 compared to the previous ye [...]
APAC leads global airline demand growth as industry eyes $30.5b in profits for 2024
04/06/2024 by Arvindh Yuvaraj
The International Air Transport Association (IATA) has released a positive forecast for the global airline industry's profitability in 2024, which also marks an improvement compared to the predictions made in June and December of 2023.  However, the report also emphasises that the industry is st [...]
‘Air conditioning’ no.1 must-have vacation amenity for 83% of Singaporeans
03/06/2024 by Arvindh Yuvaraj
A recent study by Booking.com highlights some pretty interesting travel preferences among Singaporean families, such as a whopping 83% of surveyees consider air conditioning the most essential amenity when booking accommodations.  Booking.com explains that this finding underscores a broader tren [...]
Asia-Pacific charts 32.1% surge in airline demand, despite China and Japan slump
03/06/2024 by WiT
According to The International Air Transport Association (IATA), in April 2024, total passenger demand, measured in revenue passenger kilometers (RPKs), increased by 11.0% compared to April 2023. The total capacity, measured in available seat kilometers (ASK), rose by 9.6% year-on-year, resulting in [...]
42% travellers in Asia and Middle East say sustainable choices can’t reverse damage, 30% downplay climate change
30/05/2024 by Arvindh Yuvaraj
Hong Kong recognised as a sustainable getaway destination for 2024 Booking.com has published its annual sustainable travel report, offering insights from over 31,000 travellers across 34 countries and territories, including Hong Kong. The findings reveal that while 83% of travellers consider sustai [...]