compound annual growth rate (CAGR)
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Airbnb’s sentiments on knife-edge despite relative positivity in Q1 2021, says GlobalData
The company’s sentiments were slightly higher than average for the T&T sector, and it seems to have gained resilience by scaling back on growth areas and focusing on core operations
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Intra-regional tourism crucial for post-COVID-19 ASEAN tourism revival, says GlobalData
Given the high level of growth, intra-regional travel could be key to the region’s recovery from the impact of COVID-19. The virus caused an 36.9% year-over-year decrease in intra-regional travel in 2020 to a low of 27.9 million arrivals