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Tag: forecast

    Outbound
    San Francisco attracts 23.1mn visitors in 2023; India ranks among Top 5 for visitation & spend

    San Francisco attracts 23.1mn visitors in 2023; India ranks among Top 5 for visitation & spend

    San Francisco Travel Association, the official destination marketing organization for the City and County of San Francisco, released 2023 visitor impact results and an updated 2024 forecast at its annual Marketing Conference held yesterday at

    Top Stories
    Business travel in APAC forecast to reach USD 800bn by 2027

    Business travel in APAC forecast to reach USD 800bn by 2027

    Business travel in Asia Pacific is forecast for significant growth, with travel spending gaining 41% to USD 567 billion this year ─ and rising to USD 800 billion by 2027. China’s reopening and robust domestic

    Aviation
    Airfares & hotel rates remain high in Asia: FCM Travel

    Airfares & hotel rates remain high in Asia: FCM Travel

    According to FCM Consulting’s latest Global Trends Report, Q2-2023 is one of two halves. One sees the Northern Hemisphere push travel demand over summer, while the other sees the rest of the world plateau. The

    Aviation
    Drop of additional 5bn global passengers due to Covid by year end: ACI World

    Drop of additional 5bn global passengers due to Covid by year end: ACI World

    New Airports Council International (ACI) World data shows the lasting adverse impact of the COVID-19 crisis is forecast to remove an additional five billion passengers by the end of this year compared to the pre-COVID-19

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