GlobalData

GlobalData released it’s most recent report on global travel and tourism deal activity, noting a 10.4 percent year-on-year decrease in merger and acquisition activities.

Emirates’ third quarter (Q3) (01 July to 30 September) advertising campaign showcased a strong commitment to enhancing the customer experience through significant fleet modernization and innovative technology.

Global business sentiment witnessed a marginal improvement of 0.2% year-over-year (YoY) during the second quarter (Q2) of 2024.

Southwest Airlines Co, which is known for unique open-seating arrangement since its inception, has recently introduced assigned seating and extra legroom options.

A total of 347 deals were announced in the tourism sector during the first half (H1) of 2024, which was a year-on-year (YoY) decline of 12.6%

With a strong order book from airline operators and leasing companies based in India, China, and Singapore during 2020–2024, Airbus has fortified its position in the Asia-Pacific (APAC) commercial aircraft market amid continued Boeing’s woes.

Globally, sustainable aviation fuel (SAF) is gaining importance as it is environmentally friendly and is relatively purer when compared to conventional jet fuel.

Short video app TikTok, owned by ByteDance, is set to compete with the likes of Amazon, Shein, Sea Group’s Shopee, and Alibaba’s Lazada, with its live streaming ecommerce business.

The travel and tourism industry has witnessed a massive 41% year-on-year (YoY) decline in deal activity from 475 deals announced during January-May 2022 to 282* during the first five of months of 2023, reveals GlobalData

AutoGPT has emerged as the top trend on Twitter since the second week of April 2023, reveals the Social Media Analytics Platform of GlobalData, a leading data and analytics company.

Ras Al Khaimah Tourism Development Authority (RAKTDA) and the FTI GROUP one of  Europe’s leading outbound tour operators, have struck a new agreement that paves the way for the launch of twice-weekly flights from Munich to Ras Al Khaimah International Airport in the fourth quarter of this year.

Innovation in the travel & tourism industry is on the rise, with many travel-assisted tools and services, including smart itineraries, popping up to enhance travellers’ experience. With a rise in demand for personalised, accessible, and convenient experiences, smart itineraries are enabling travel planning providers to take travel experience to the next level, according to GlobalData. […]

The reopening of borders and a weakening yen are expected to make the country an attractive travel destination. Against this backdrop, the Japanese foodservice sector to benefit from a revival in tourist arrivals, says GlobalData, a data and analytics company.

German holidaymakers are set to be back in full swing by 2024, according to GlobalData, which expects the country’s outbound travel to recover to 117.9 million tourists, surpassing 2019’s 116.1 million despite economic decline in Europe. The leading data and analytics company notes that budget-friendly travel, visits to friends and family, and non-city locations—especially in […]

South Korea is the fastest growing aesthetics market in Asia-Pacific (APAC) and is expected to retain its position in the future augmented by continuous innovation, growing demand for beauty, and increased spending on aesthetic enhancement, says GlobalData, a leading data, and analytics company. GlobalData’s research reveals that South Korea’s aesthetic device market, which accounted for […]

British holiday flyers are set to be back in full swing, with the country’s outbound travel figures reaching 86.9 million by 2024, surpassing the 84.7 million figure recorded in 2019 despite the economic decline in Europe, estimates GlobalData, a leading data and analytics company.  According to GlobalData, budget-friendly travel —especially in the country’s favourite holiday […]

The travel and tourism sector is an important income generator for Sri Lanka. However, the ongoing economic crisis coupled with Ukraine–Russia war and China’s zero-COVID policy has put the sector in jeopardy. Against this backdrop, the country will face an uphill task in restoring a once thriving sector, says GlobalData, a leading data and analytics […]

Cybersecurity will generate revenues of $2.1 billion in 2025 in the travel and tourism industry, up from $1.4 billion in 2021, forecasts GlobalData

57% of respondents are “not concerned” or are “not very concerned” about the spread of COVID-19, suggesting that tourists are more prepared to live with COVID-19.

The number of Russian tourists visiting Thailand is projected to significantly jump from 10,000 visits in 2021 to 435,000 in 2022, according to GlobalData. The leading data and analytics company notes that tourism ministers in Thailand must now ensure they can capitalize on this demand by increasing direct flights from Russia and ensuring aspects such […]