Hotels leverage dynamic pricing and personalisation as tug of war with OTAs intensifies
The competitive landscape between online travel agents (OTAs) and hotels is heating up as per the latest insights from SHR Group's Hotel Industry Trends Report 2024. This report, based on analysis from over 2,000 international hotels leveraging SHR Group channels, sheds light on emerging trends that [...]
Global air travel up 37% in 2023, yet challenges remain
The International Air Transport Association (IATA) recently released data indicating a continued rebound in global air travel throughout 2023, inching closer to pre-pandemic levels. Let's delve into the numbers and trends shaping this recovery.
In 2023, total air traffic, measured in revenue pass [...]
Asia economy class fares up by 21%, but business travel demand continues to grow
According to FCM Travel Asia, business travel is set to maintain its significance in 2024, with corporate travel programs facing scrutiny amid budget considerations. This, coupled with economic shifts worldwide, is set to create a few intriguing travel trends this year, as outlined by FCM’s six pr [...]
Social media, wine prices and the economy are pushing innovation in hospitality
EHL Hospitality Business School announced the release of a study conducted jointly by Dr Jean-Philippe Weisskopf and Dr Philippe Masset, revealing the trends shaping the hospitality industry in 2024.
Here are a few key takeaways from the study:
Over the past two years, the industry's biggest [...]
Turboprops and zero-emission short-haul aircraft are keys to sustainability goals in Southeast Asia
In a review commissioned by the Aviation Studies Institute, Sobie Aviation explores the future landscape of super short-haul air transport in Southeast Asia.
This analysis, the first of a two-part series, delves into the dynamics shaping the region's aviation industry, with a focus on flights cov [...]
Travel app downloads, time spend on mobile up in 2023
Mobile data and analytics platform Data.ai – formerly App Annie – is out with its latest report on global app downloads, usage and spending, and the findings show a jump in activity for travel brands led by online travel agencies.
According to the “State of Mobile 2024” report, in 2023 [...]
Luxury travel forecasted as a top trend in tech-powered 2024
As 2024 unfolds, the desire for travel remains steadfast, but the landscape is evolving - shaped by accelerated demands on technology and a growing thirst for personalised experiences. HBX Group, a B2B player in the TravelTech space, anticipates significant shifts in the industry this year, driven b [...]
Shifting megatrends: Electric air taxis and generative AI named driving forces of travel
Generative AI has put the Metaverse in the backseat this year, with 97% of airlines planning to adopt and develop the technology.
SITA's latest "Meet the Megatrends" report delves into the evolving technological landscape within the travel and transport space, shedding light on the forces shaping t [...]
‘Surprise and Delight’ spearheads travel trends in 2024
Booking.com's latest data offers insights into a few budding trends that brands can look forward to in the coming months. From the emergence of the 'Surprise and Delight' trend to the growing importance of sustainability and the changing face of luxury travel, the future traveller is set to embark o [...]
Millennial and Gen Z male travellers are on the rise and contactless travel is here to stay
Tidesquare x Consumer Insight predicts 2024 travel trends for outbound Korean travellers
Travel technology company TIDESQUARE has forecasted Korean outbound travel trends for 2024 based on 2023-2024 booking trends and data from research firm Consumer Insight.
Based on data presented by Consumer [...]
