BERLIN – The number of tourists visiting European destinations in 2009 is expected to contract slightly and, given the current economic environment, things could get worse. | eTurboNews | Trends | Travel News
Two divergent travel trends marked the American continent. In the first eight months of 2019 outbound travel from North America grew with 4.5 percent | eTurboNews | Travel News | Meeting Industry News
Economic downturn to create new winners and losers in travel
March 14, 2009
Internet bookings will surge. Demand for online virtual meetings will gather pace. Domestic travel will stay stable or grow, as will demand for low-cost flights.
Internet bookings will surge. Demand for online virtual meetings will gather pace. Domestic travel will stay stable or grow, as will demand for low-cost flights. Destinations adjacent to big travel markets will do not so bad. Long-haul travel will fall sharply. And the most pain will be felt in the business travel and MICE sectors.
Those were the predictions for 2009 unveiled by IPK International’s CEO Mr. Rolf Freitag, in an ITB World Travel Trends Update on March 11 at the ITB Convention in Berlin.
The strong growth in outbound trips from India continued seamlessly again into 2019. In particular, destinations within Asia benefited from this upward trend. As in Asia overall, holidays abroad are becoming increasingly popular in India too.
The launch of ITB India in April 2020 emphasizes the importance of the Indian market in the international scene. The event will put India’s growing travel industry in the limelight. ITB India will be the gateway to the Indian travel market for international players to gain access to one of the fastest growing outbound market in Asia. The latest findings of the World Travel Monitor by IPK International point to further growth in outbound trips from India in 2020. The World Travel Monitor® is based on the results of representative interviews with more than 500,000 people in over 60 countries worldwide. It has been compiled for more than 20 years and is recognized as the most widescale continuous survey of global travel trends.