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The French travel sector grew 12% to €55.8 billion in 2023 (see figure below), driven by the global recovery in international travel and buoyant domestic demand. According to Phocuswright’s latest…

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India continues to be one of the fastest growing major economies globally. India’s GDP grew by 7.2% in the 2022-23 financial year, compared to a 9.1% rise in the previous…

In a February 20 LinkedIn Live online event, Phocuswright’s manager of research and innovation Mike Coletta gave an overview of the most significant innovation trends in travel technology and distribution…

When Phocuswright began tracking the travel agency distribution landscape in 2006, the rise of online travel agencies was forcing travel advisors to prove their value – or risk extinction. As…

Travelers’ understanding of sustainable travel is generally limited, and cultural and economic sustainability are no exceptions. According to Phocuswright’s travel research report Beyond Climate Change: Cultural and Economic Sustainability in…

Introduction By Mike Coletta, Manager of Research and Innovation  “Uncertainty” may be the one word that best captures the continued disruption we’ve experienced over the past few years, from the…

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After two plus years of remarkable expansion fueled by booming pandemic-era demand, during which time travelers experienced the category’s strengths and flaws, growth of global short-term rental bookings is slowing…

Given the widespread knowledge and interest in using technologies like GenAI, VR and AR among today’s travelers, travel brands should continue down the path toward integrating them into the ways…