The US is the primary source market for Canada
GlobalData
Posted inBusiness
IoT will have a bigger role to play in post-pandemic travel, says GlobalData
GlobalData’s latest thematic report, ‘IoT in Travel & Tourism’, states that wearable tech devices at airports and other transport terminals can allow travelers to practice correct social distancing procedures and keep to other health and safety compliance guidelines, which stems the spread of COVID-19 and keeps travelers feeling safe.
Posted inBusiness
Deal activity in the travel & tourism sector increased by 39.6% during June 2021, finds GlobalData
While merger & acquisitions deal volume increased by 26.5%, the number of private equity and venture financing deals also increased by 9.1% and 137.5%, respectively
Posted inBusiness
Marketing push will help Australian domestic tourism reach record highs by 2025, according to a GlobalData
GlobalData forecasts a record number of domestic trips in the country by 2025: double that seen in 2020 and representing a 14% growth on pre-pandemic levels
Posted inBusiness
Longer trips look set to boom post-COVID-19, says GlobalData
A live GlobalData poll revealed that over one in four (26%) of respondents now prefer to take a leisure trip of ten-plus nights – the second-most popular length of trip behind stays of between four and six nights (28%)
Posted inBusiness
More cost-conscious version of Emirates could emerge post-COVID-19, says GlobalData’s MEED
While the airline may still retain its market dominance given the scale of its legacy operations, the evolution of its financial position over the past decade – exacerbated by the impact of COVID-19 – suggests a more cost-conscious version of Emirates could emerge in the aftermath of the pandemic
Posted inBusiness
Budget hotels set to benefit from increase in price-sensitive travelers, says GlobalData
The data and analytics company notes that, with less budget for travel but a strong desire to escape, many will turn to budget providers to satisfy their travel cravings
Posted inBusiness
Four Seasons ramps up global hiring in 2021 as it reopens several of its hotels: GlobalData
However, the property at Bengaluru is treading cautiously and currently does not have any hiring plans
Posted inBusiness
No crowds at Tokyo 2020 would be catastrophic for Japan’s tourism sector, says GlobalData
With the jury still out on whether domestic spectators will be allowed at Tokyo 2020, the prospect of a complete ban on attendance cannot be dismissed.
