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Having closed its borders to the world in 2020, with the occasional exception of Australia, New Zealand has opened up again in 2022, taking a gradual and cautious approach. However, being a long-haul …
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With vaccination rates above 80%, and the borders reopened, Australians are embracing travel once again. Not only is there pent-up demand, but spending has been magnified by the enhanced level of savi…
This Megatrends report highlights long-term trends resulting from shifts in consumer values and behaviour. It provides a summary of each of eight focus megatrends and insights as to how each trend has…
The analyst has built a Sustainable Travel Index to help destinations and travel businesses make the transition to a more resilient form of tourism, that takes account of positive and negative impacts…
Extra baggage: Niche operators are expected to enter the market to satisfy growing demand Abstract Tour Operators in the US The Tour Operators industry has grown over the past five years to 2019, be…
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Following two years of negative growth during the outbreak of COVID-19, bookings surged during 2022, as the borders were opened, and lockdowns ceased. Nonetheless, the total value of bookings remained…
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The pandemic has changed the way that Australians book both their leisure holidays and their corporate travel, primarily through a shift towards direct bookings and away from travel intermediaries. Wi…
An estimated 70% of travel agents left the industry due to the COVID-19 pandemic, as shops were closed and staff were let go, with numbers reducing from 5,000 travel agents before the pandemic to appr…
Reduced demand due to international border closures resulted in rental car fleets seeing significant declines in 2020 as local companies rationalised their cost bases. In 2021, vehicle supply shortage…
The pandemic resulted in the car rental industry selling off much of its fleet in 2020, resulting in a shortage in supply of rental cars in 2021 as domestic travel starts to pick up. Rental car agenci…
The COVID-19 pandemic has resulted in a continual structural shift from offline to online as consumers become more comfortable transacting from the comfort of their mobile devices, tablets, and laptop…
Free agents: Rising competition from matchmaking websites has reduced industry revenue Abstract Brothel Keeping and Sex Worker Services in Australia The industry comprises companies that mainly …
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All aboard: Revenue to soar due to easing domestic and international travel restrictions Abstract Travel Agency and Tour Arrangement Services in Australia Industry firms primarily provide travel in…
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On hold: The COVID-19 outbreak has significantly reduced demand and revenue Abstract International Airlines in Australia The industry primarily transports passengers by air over scheduled routes tha…
Now boarding: Industry revenue is set to soar as travel restrictions are lifted Abstract Travel Agency and Tour Arrangement Services in New Zealand Industry players primarily assist individual c…
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Transported: Demand from vessel and aircraft leasing markets has boosted industry revenue Abstract Transport Equipment and Large Vehicle Rental in Australia Industry businesses rent out transport eq…
Taking flight: Australia’s international border reopening will cause revenue to skyrocket Abstract Inbound Tour Operators in Australia Industry players package multi-day tour products, combining acc…
Trucking along: Recovering demand from tourism is set to drive industry revenue growth Abstract Transport Equipment and Large Vehicle Rental in New Zealand Industry operators are primarily engaged…
Water Passenger Transport in Australia Companies in the industry operate vessels that transport passengers between destinations over water. Water passenger transport activities that do not transport …
Back from holiday: Strong recovery in tourist traffic as borders reopen to lodge a revenue rise Abstract Hotels and Resorts in Australia Industry players generate revenue through operating hotels an…
Staying power: Demand for international and domestic travel to encourage revenue recovery Abstract Online Travel Bookings in Australia Industry players provide online travel reservation and booking …
Party Supply Rental in Australia Industry companies rent out tables, chairs, kitchenware, linen, centrepieces, stages, marquees, canopies, lighting and other items for small functions and events. The…
Tourism in Australia Industry firms mainly provide services to international and domestic visitors on trips shorter than one year. Visitors include those travelling for work-related purposes, such as…
Traffic jam: Strong competition amid low demand has pulled the brake on industry revenue Abstract Passenger Car Rental and Hiring in Australia Industry SMEs lease, hire or rent out passenger cars wi…
Passenger Car Rental and Hiring in New Zealand Industry companies are involved in leasing, hiring or renting out passenger cars without drivers. This includes vehicles rented on a short-term basis, o…
Turbulence: The COVID-19 pandemic has significantly reduced industry demand and revenue Abstract Airlines in New Zealand Industry players operate scheduled passenger flights to, from, and within N…
Latest releases: Continual updates have supported demand despite mixed operating conditions Abstract Furniture, Appliance and Equipment Rental in New Zealand Industry firms rent and lease out a rang…
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Hitting the brakes: The effects of COVID-19 have diminished industry demand and revenue Abstract Car Rental in Australia Industry firms rent out cars. The industry includes car rental companies that…
Home away from home: Domestic tourists have driven revenue increases in the current year Abstract Campervan and Caravan Rental in Australia Industry players rent or lease out motorhomes, campervans,…
Taking flight: Profitability and revenue will recover as demand returns to pre-pandemic conditions Abstract Travel Insurance in Australia The industry underwrites (i.e. assumes, pools and spreads ou…
