Identifying the traveller of the future through consumer segmentation

The mantra “travel is back” is no longer resonating with consumers, who are demanding personalised experiences that suit their values and lifestyles. To connect authentically with these travellers, travel players must look beyond advertising to marketing, positioning and loyalty. Euromonitor International has developed eight traveller segments to capture evolving motivations using new data from Euromonitor’s […]

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Drop in russian outbound Tourism to remove USD7 billion from global Tourism

Travel and tourism was poised for an upturn in 2022, as it hoped to put the pandemic behind it. However, new threats have recently emerged that will delay the much-needed recovery. Inflation spike exacerbated by war in Ukraine At the beginning of 2022, there were warning signs that inflation was surging, with higher energy and […]

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