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    Phocuswright 2023: Phocuswright predicts $1.4 trillion in travel bookings for 2023

    Phocuswright research projects $1.4 trillion in global travel gross bookings in 2023, just four per cent below 2019 levels.
    The United States travel market grew to $422 billion in 2022, becoming the first major travel market globally to surpass its 2019 size.
    In Europe, travel is well on its way to recovery and normalization in 2023, as Europeans broadly remain eager to travel and continue to prioritize spending on leisure trips, even while facing some economic challenges and shifting their travel shopping and booking activities.ADVERTISEMENTIn APAC, pent-up demand swept in a travel spike.
    In China, a dynamic domestic market and a reviving outbound sector will propel total gross bookings of $185 billion in 2024.
    Latin America’s travel market experienced a second year of strong double-digit growth in 2022, as gross bookings climbed 37 per cent.
    The Middle East travel region grew by 95 per cent year-over-year, partly supported by new players entering this still-developing market.
    Travel companies find themselves in an exceptional period, building a competitive edge through innovations in the next game-changing travel technologies.
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    More Information
    The research was released ahead of the Phocuswright Conference, taking place this week in Fort Lauderdale, Florida.
    The event offers the brightest mix of attendees, speakers and partners, all of whom will work together toward for a better future for travel.
    Find out more on the official website.

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    Ski Whizz! There’s snowfall in the Alps and 10% off ski flights too

    There is ‘snow’ better time to take off to the slopes, as the first major snowfall of the season has hit the Alps, and Jet2.com is offering 10% off all ski flights for this winter too. 
    With eight ski destinations on sale this Winter 23/24 with the UK’s leading leisure airline from ten airports (Belfast International, Bristol, Birmingham, East Midlands, Edinburgh, Glasgow, Leeds Bradford, London Stansted, Manchester and Newcastle International), customers have plenty of choice when it comes to grabbing a piste of the action in the French, Swiss, Austrian and Italian Alps, as well as the Tyrolean Mountains and Pyrenees. 
    The winter sale also means customers can slope off to the snow for less this winter, as Jet2.com is offering 10% off all ski flights until March 2024. 
    Offering an array of services to eight top ski destinations – Chambery, Geneva, Grenoble, Salzburg, Innsbruck, Lyon, Barcelona (Andorra) and Turin, Jet2.com’s ski flights provide fantastic flexibility and great flight times, making them perfectly timed for customers looking to make the most of the fresh snowfall for a weekend, long weekend, or longer mid-week break. 
    There is ‘snow’ way skiers and snowboarders will want to miss out on this sale, and wide choice of ski destinations and flights, as the flakes sweep the mountains for a thrilling winter season. When booking ski flights with Jet2.com, customers can enjoy VIP customer service as well as 22kg ski carriage*, 22kg baggage* and 10kg free hand luggage.  ADVERTISEMENTSki destinations by base for Winter 23/24 are as follows:
    Belfast International – Salzburg Birmingham – Chambery, Geneva, Grenoble, Innsbruck, Salzburg, Barcelona (Andorra) and Turin Bristol – Chambery, Innsbruck and Geneva East Midlands – Geneva and Salzburg Edinburgh – Chambery, Geneva, Salzburg, Innsbruck and Turin Glasgow – Geneva Leeds Bradford – Chambery, Geneva, Barcelona (Andorra) and Salzburg London Stansted – Chambery, Geneva, Grenoble, Innsbruck and Salzburg Manchester – Chambery, Geneva, Grenoble, Innsbruck, Lyon, Salzburg, Barcelona (Andorra) and Turin Newcastle International – Geneva, Grenoble, and Salzburg Steve Heapy, CEO of Jet2.com and Jet2holidays, said: “As the Alps welcomes its first snowfall of the season, and we launch a winter sale on ski flights, there is no better time for skiers and snowboarders to take off to the slopes. Our fantastic ski programme for Winter 23/24 is on sale from across ten UK airports and gives customers access to some of the best ski resorts in the world. Offering fantastic choice, flexibility and flight times, skiers and snowboarders can hit the slopes for a weekend, a short break or for longer, whilst flying with our award-winning airline and benefitting from our VIP customer service. We know skiers and snowboarders will be clamouring to hit the slopes for less, and we are looking forward to another successful ski season this year.”

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    Disney Theme Parks Escaping Economic Aftermath

    Disney executives express confidence in their theme parks segment and refute concerns about an economic deceleration.Amid ongoing discussions about economic challenges, bookings at Disney’s theme parks remain robust, as highlighted during a Wednesday earnings call.
    Walt Disney’s interim Chief Financial Officer, Kevin Lansberry, stated:
    “We’re not seeing anything in terms of an economic hangover. Domestically we feel good. Internationally we feel good.”
    Moreover, he added that the bookings at both Disneyland and Disney Cruise Line are still “very, very strong.”
    The financial performance of Disney Theme Parks and Experiences in the fourth quarter underscores this resilience, with revenue reaching $8.2 billion, marking a 13% increase from the previous year. Operating income surged to $1.8 billion, reflecting a substantial 31% rise.ADVERTISEMENTWithin the domestic division, operating income witnessed a 9% increase to $808 million in the quarter. This growth was attributed to positive developments at Disney Cruise Line and Disney Vacation Club. However, domestic parks and resorts faced challenges, grappling with elevated costs linked to the closure of Star Wars: Galactic Starcruiser and inflationary pressures.
    On the international front, operating income experienced an impressive surge, exceeding 100% to reach $441 million. This substantial increase was driven by the success of Shanghai Disney Resort and Hong Kong Disneyland. Both parks witnessed heightened guest spending, attributed to increased ticket prices and a rise in attendance.
    CEO Bob Iger emphasized the pivotal role of Disney Parks and Experience as one of the four key building opportunities essential to Walt Disney Corporation’s success. He underscored the company’s dedicated focus on “turbocharging growth in our parks and experiences business.”
    Throughout the fiscal year, Disney demonstrated its commitment to this growth by investing $5 billion in parks, resorts, and property developments. The strategic investments align with Disney’s proactive approach to enhancing and expanding its offerings within the thriving theme parks and experiences sector.

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    UNWTO CELEBRATES QATAR TOURISM AWARDS TO RECOGNIZE EXCELLENCE IN THE SECTOR

    The inaugural Qatar Tourism Awards, developed in partnership with UNWTO, focused on three principal categories: Service Excellence, Cultural Experiences and Smart Solutions. At the awards ceremony, Qatar Tourism Awards also announced a surprise category, the Community Contribution Award, to recognise individual community members who have gone above and beyond to display hospitality and provide exemplary services to visitors.
    The winners were announced at a ceremony that took place at Raffles Doha, attended by Basmah Al-Mayman, Regional Director for the Middle East at UNTWO and His Excellency Saad Bin Ali Al Kharji, Chairman of Qatar Tourism. The winners reflected the broad and diverse nature of the tourism sector, including destinations, experiences, hotels and hospitality establishments. They also recognized those leading the way in building a more innovative and sustainable tourism, in line with UNWTO’s key priorities for the sector.
    The full list of all the winners can be found on the Qatar Tourism Awards website.  https://www.qatartourism.com/en/qatar-tourism-awards

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    TOURISM’S IMPORTANCE FOR GROWTH HIGHLIGHTED IN WORLD ECONOMIC OUTLOOK REPORT

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    TOURISM’S IMPORTANCE FOR GROWTH HIGHLIGHTED IN WORLD ECONOMIC OUTLOOK REPORT

    According to the World Economic Outlook (WEO) Report, the global economy will grow an estimated 3.0% in 2023 and 2.9% in 2024. While this is higher than previous forecasts, it is nevertheless below the 3.5% rate of growth recorded in 2022, pointing to the continued impacts of the pandemic and Russia’s invasion of Ukraine, and from the cost-of-living crisis.
    Tourism key sector for growthThe WEO report analyses economic growth in every global region, connecting performance with key sectors, including tourism. Notably, those economies with “large travel and tourism sectors” show strong economic resilience and robust levels of economic activity. More specifically, countries where tourism represents a high percentage of GDP   have recorded faster recovery from the impacts of the pandemic in comparison to economies where tourism is not a significant sector.
    As the report Foreword notes: “Strong demand for services has supported service-oriented economies—including important tourism destinations such as France and Spain”.
    Looking AheadThe latest outlook from the IMF comes on the back of UNWTO’s most recent analysis of the prospects for tourism, at the global and regional levels. Pending the release of the November 2023 World Tourism Barometer, international tourism is on track to reach 80% to 95% of pre-pandemic levels in 2023. Prospects for September-December 2023 point to continued recovery, driven by the still pent-up demand and increased air connectivity particularly in Asia and the Pacific where recovery is still subdued.

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    Val Thorens in Les 3 Vallées Set to Open Early Due to Excellent Early Snow Fall With Passes Just €20

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    Val Thorens in Les 3 Vallées Set to Open Early Due to Excellent Early Snow Fall With Passes Just €20

    The Association Les 3 Vallées announces today that, due to negative temperatures and significant early snowfall, Val Thorens will be open a week early with some select slopes skiable from November 18, 2023.These include the Funitel Péclet, the Cascade chairlift and all the magic carpets in the centre of the resort which will be available from 9 a.m. to 4:45 p.m.
    For this pre-opening week only – up to Saturday November 25, 2023 – skiers and snowboarders will be able to hit the slopes at a discounted rate of just €20 per day, with Val Thorens’ mountain operation staff working hard to prepare the entire ski area for full operation in time for the La Grande Première.  This is Val Thorens’ big annual launch event– held over the weekend of November 25 & 26, 2023 – where top ski, clothing and accessory brands create a tent village in Place de Caron so that enthusiastic skiers and snowboarders can register and then test out the latest equipment for an hour or two.
    Olivier Desaulty, the Association Les 3 Vallées’ executive director, explains, “Val Thorens is Europe’s highest ski resort at 2,300m and we’re super excited that they’re opening early, with passes at such a compelling rate.  Other resorts in Les 3 Vallées system have also had decent early snow. For example, 60 to 80 cm has fallen on Mont Saulire which links Courchevel to Méribel, so it’s looking like a very positive start for winter 2023/24.”
    To kick off the season, other key events are also being held in Val Thorens: the Ski Mountaineering World Cup (November 24 to 26) as well as the Skicross World Cup (December 5 to 8).
    For the specific opening and closing dates of all resorts – namely Courchevel, Méribel, Brides-les-Bains, Saint Martin de Belleville, Les Menuires and Orelle – click here .ADVERTISEMENTThe whole interconnected system is open from December 2, 2023 to April 21, 2024.
    For a simple way to book holidays, visit the Les 3 Vallées Travel agency at https://booking.les3vallees.com

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    Booking.com reveals UAE travelers’ wish-list for 2024

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    Booking.com reveals UAE travelers’ wish-list for 2024

    Carlo Olejniczak, Vice President and Managing Director for Booking.com in Europe, Middle East and Africa
    Cooler weather, previously undiscovered experiences and a chance for uninterrupted ‘me time’ are high up on UAE travelers’ wish-lists for 2024, according to new research from leading digital travel platform Booking.com.Booking.com’s Travel Predictions 2024 report also reveals that people living in the UAE are seeking sustainability, sleep, financial savings and culinary experiences when they go on business or leisure trips.
    Nearly 28,000 travelers across 33 countries took part in the research, with the UAE included for the first time. Just over 500 UAE residents of various ages and nationalities were questioned about their travel preferences and plans for next year.
    Keeping it cool, and staying afloat
    With the UAE’s year-round hot weather – and scorching temperatures in summer – 75 percent of UAE-based travelers opt for cooler climates when they go away, compared to 56 percent of all participants in the survey.  And while 81 percent of all travelers will look for water-based destinations next year, only 34 percent of holidaymakers from the UAE will be choosing an aquatic escape. Booking.com expects a growing trend towards water-centric trips as more travelers learn about the benefits of floating yoga, ice therapy and the fascination of under-water hotels.
    Going green for sustainabilityADVERTISEMENTWith 2023 being the Year of Sustainability in the UAE and COP 28 just around the corner, responsible, eco-friendly travel is more top of mind among the country’s citizens and residents than ever before. Over 75 percent of UAE travelers want to see sustainability in action and will be choosing hotels with wow-factor sustainability innovation, compared to 53 percent of all travelers questioned.
    Booking.com also found that 81 percent of UAE travelers want to see the great outdoors being brought inside, with green spaces, plant-life an integral part of their chosen accommodation.
    UAE travelers also want to feel connected to the environments and communities that they are visiting, with over half seeking visits to remote locations where they can immerse themselves in the local ecosystem in off-the-beaten track areas. Meanwhile, 73 per travelers from the UAE are keen to use sustainable travel apps as part of their travel plans. Sustainable design, architecture and innovation are also on UAE travelers’ holiday lists.
    Sleep well to live well
    It’s no secret that a great day starts with a great night’s sleep – and UAE travelers are planning to get plenty of shut-eye when they travel in 2024.  Around 70 percent say that uninterrupted sleep will be the main focus of their holiday next year, compared to 58 percent of all participants.  And 75 percent of UAE-based travelers will use their next vacation as pure ‘me time’, going solo and leaving their partners and children behind to re-group, prioritise their wellbeing and catch up on sleep.
    Immersive dining experiences on the 2024 travel menu
    With two Dubai restaurants featuring on this year’s World Best Restaurants list and a dedicated Michelin Guide for Dubai, the UAE is firmly established as a world-leading destination for the best in culinary experiences, but Booking.com’s research shows that travelers want to unearth new culinary experiences outside of the country, too.
    More than 75 percent are more interested in learning about foreign countries’ must-eat delicacies, traditional dishes and culinary creations than they were before, thanks to increased gasto-tourism offerings that embrace history, geography and produce to create tasty travel experiences for tourists. More than 85 percent of UAE-based travelers want to try indigenous cuisines wherever they go, boosting income and instilling a sense of pride in local communities in the process.
    Foodie travelers also have an appetite for virtual reality and artificial intelligence as part of their experience, with nearly half seeking immersive, ‘phygital’ culinary experiences, where the food itself is enhanced with mood-altering lighting, paired fragrances and sensual soundscapes to awaken the taste buds, in 2024.
    Thriving – and driving
    Booking.com’s research shows that vacationers aim to feel more alive, re-imagine their best self and enjoy the anonymity of travel in 2024.  Over 83 percent of travelers from the UAE say they feel more alive when on holiday and aspire to be more like their vacation selves in their day-to-day life back home. 
    More than 70 percent will use their holidays to rethink and recreate themselves, embracing new aspects of their personalities and making the most of the freedom and opportunity that travel can bring.  Nearly 60 percent would pay to rent a nicer car than they drive at home, compared to 42 percent of global participants. 
    Technically speaking …
    UAE travelers are leading when it comes to planning holidays through tech. Nearly two-thirds (60 percent) trusting AI to plan every aspect of their trip, compared to less than half (48 percent) of all travelers who took part in the research. While Z-gen, millennials and X-gen are more likely to adopt AI, baby boomers and the silent generation are also increasingly turning to tech for convenient, flexible and easy-to-manage travel, according to Booking.com’s study.
    Cheaper travel, richer experiences
    Travelers in 2024 are looking for cost-effective vacations combined with luxury experiences, according to Booking.com. In the UAE, 70 percent of holidaymakers are looking to reduce the cost of their vacation by choosing destinations where day-to-day life is cheaper than in their home city, or travelling to less far-flung places to avoid the expense of long-haul flights.  However, travelers are willing to pay for short-term luxury experiences when they arrive at their destination: 62 percent of UAE-based holidaymakers will pay for a day pass for a five star resort rather than actually staying in one.
    Travelers also plan to reduce their holiday bills by taking a vacation outside of peak season: more than half (56 percent) of those questioned in the UAE plan to take children out of school in 2024 to make their travel budget go further. Globally, 47 percent would consider traveling with their kids during school term time.
    Home and away: UAE travelers’ top destinations for early 2024
    Travelers based in the UAE will be venturing overseas and staying on home ground next year, according to Booking.com, which has revealed the most in-demand destinations for January to April 2024.  Top of the hotel reservations list so far is Dubai, suggesting that those living elsewhere in the country will head to the emirate to soak up a plethora of winter events, including world-class sporting fixtures and ever-popular annual attractions such as the Dubai Shopping Festival.
    Carlo Olejniczak, Vice President and Managing Director for Booking.com in Europe, Middle East and Africa, said: “The United Arab Emirates’ world-leading infrastructure, global location and superb travel connections make it one of the most convenient countries in the world to travel from and to.  We are delighted to include the UAE in our Booking.com Travel Predictions Report for 2024, which reveals fascinating insight into trends, preferences and plans among UAE travelers for the year ahead.
    “Our travel predictions reflect the notion that travel is a catalyst to live our best lives – be it through a journey of new discovery, an adventure that supports local environments and communities or a holiday that focuses on health, relaxation and wellbeing – and to sustain those best lives once we get back home to real life. 
    “UAE travelers are tech-savvy, eco-conscious, adventure-seeking and hungry for new experiences – be it in a foreign land or by exploring different areas of the UAE itself.  2024 looks set to tick all the boxes – and more – on their holiday wish-list.”

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    Digital Nomad Visas Available in Nearly Half of Global Destinations

    Nearly half of global destinations now facilitating visas for durations extending up to one year.
    In a fresh analysis conducted by the World Tourism Organization (UNWTO), encompassing 54 destinations, the ascendancy of Digital Nomad Visas (DNVs) correlates with a noticeable uptick in the number of digital nomads. Destinations across diverse regions are actively adapting to this evolving market trend, embracing the concept of remote work.
    What the global landscape of digital nomad visas looks like
    The UNWTO Brief delves into the intricacies of DNV programs across seven crucial facets: Application process, Visa duration, Taxation policies, Insurance provisions, Accommodation facilities, Minimum income prerequisites, and criminal records checks. The brief scrutinizes the historical backdrop and the current landscape of digital nomadism trends, offering an insightful analysis of existing DNVs globally within five distinct regions. Key insights encompass:
    Nearly half of destinations worldwide offer visas valid for up to one year, catering to the needs of digital nomads seeking extended stays. A significant proportion, 39%, exempt digital nomads from tax obligations, providing a favorable financial environment. In 17% of destinations, there are no minimum income requirements, offering flexibility to individuals with varying income levels. The majority, 76%, streamline the application process by facilitating online submissions for Digital Nomad Visa (DNV) programs, ensuring efficiency and accessibility. Furthermore, 80% of destinations boast a quick turnaround, processing DNV applications within a one-month timeframe. Conversely, a minimal 6% of destinations impose no visa fees during the application process, reducing financial barriers for aspiring digital nomads.ADVERTISEMENTThis is the future of workA Digital Nomad Visa provides individuals the liberty to reside and work in a foreign country while concurrently engaging in professional endeavors, be it regular employment or freelance work for employers or clients situated in their home country or another. This visa category enables digital nomads to seamlessly pursue their careers while immersing themselves in the distinctive lifestyle of the host destination, aligning with prevalent trends in the future of work.
    Flexibility and having digital access are important elementsThe UNWTO Brief underscores critical considerations for destinations contemplating the initiation or expansion of their DNV programs:
    Destinations prioritize the digitalization of their infrastructure, recognizing the significance of strong connectivity and productivity. Investments in robust digital infrastructure, including high-speed internet, co-working spaces, and comfortable accommodations, are made to enhance optimal conditions for remote work. Host destinations, by providing a flexible visa framework, empower digital nomads to strike a harmonious balance between work and lifestyle. This approach allows them to craft conducive work environments while immersing themselves in the local culture and lifestyle. Additionally, the brief stresses the critical need for host destinations to conduct impact assessments for Digital Nomad Visa (DNV) programs, establishing it as a vital mechanism for evaluating and understanding their future implications.

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