The utilization of robotics will continue to grow in importance in the travel and tourism industry. However, companies need to…
Browsing: GlobalData
Tourism being a major contributor to the GDP of several countries, the governments are taking various measures to revive the…
The announcement that U.S. travel restrictions for vaccinated UK residents will be relaxed from early November will be met positively…
Destinations across North America (U.S., Mexico and Canada) are at different stages of tourism development. However, one common factor is…
A total of 74 deals (comprising mergers & acquisitions, private equity and venture financing deals) were announced in the global…
Longer trips of more than 10 nights are increasingly in demand post-COVID-19, according to a poll by GlobalData. With accidental…
Four Seasons Hotels and Resorts has been ramping up hires in 2021, with new job postings doubling from 431 in…
A recent GlobalData poll has revealed a shift in consumer preference towards booking vacations directly, instead of going through an…
The COVID-19 pandemic has had a devastating effect on the business travel industry. The international sector was by far the…
Pent-up demand for immersive travel experiences with no set time limit could help slow travel become the next big tourism…
Price-conscious travelers may be lured by the reboot of loyalty programs across the tourism sector. Various travel companies are now…
Aiding the visitor experience, mitigating the effects of overtourism and leading to more sustainable management, smart cities are the way…
Financial situations worsening for consumers has been widely discussed amid the COVID-19 pandemic. However, many consumers managed to bypass this…
INTERNATIONAL REPORT—Work-from-home policies impacted business meetings at hotels in 2020, yet some lodging companies have seen it as an opportunity…
INTERNATIONAL REPORT—A total of 81 deals were announced in the global travel and tourism sector during December 2020, which is…
INTERNATIONAL REPORT—Increased privacy and flexibility are two of the standout trends that leading data and analytics company GlobalData notes will…
INTERNATIONAL REPORT—Online travel agents (OTAs) were the primary choice of booking channel for 44% of global respondents in Q3 2019,…
INTERNATIONAL REPORT—Even though major economies across the Asia-Pacific (APAC) started negotiating travel bubble pacts with their key source countries to…
INTERNATIONAL REPORT—Total tourism and leisure industry deals for Q2 2020 worth $8.34 billion were announced globally, according to GlobalData’s deals…
INTERNATIONAL REPORT—Meetings, incentives, conferencing and exhibitions (MICE) tourism was one of the first types of tourism to be impacted by…
INTERNATIONAL REPORT—Airbnb hosts around the world have been losing the vast majority of their bookings in recent months, and many…
LONDON—The global construction industry posted its slowest pace of growth in a decade in 2019, dropping to 2.6%, according to…
INTERNATIONAL REPORT—In 2018, China was the largest market for luxury hotels in the world, registering year-over-year (YOY) growth of 18.3%…
INTERNATIONAL REPORT—Following the news that OYO’s growth strategy is currently being re-evaluated due to questions surrounding its ability to become…
LONDON—In 2018, the U.S. reported the highest revenue in the budget hotel market worldwide, followed by the U.K. Revenue increased…