Market Insight:
Travel retail is the retail market place that is mostly located in travel areas such as airports, trains, cruise lines, and so on. Purchases done on the spur of the moment while waiting for flights/trains at touchpoints, usually airports, have recently boosted the global travel retail business. Furthermore, the benefits of travel shopping include easy acce ..
Market Insight:
A hostel is a sort of low-cost, short-term shared convivial housing in which visitors can rent a bed, often a bunk bed in a dormitory, as well as shared use of a lounge and, on rare occasions, a kitchen. Hostels provide benefits such as cheaper costs and the ability to meet people from all over the world, find travel partners, and share travel ideas. Some ..
Market Insight:
Vacation rental refers to a situation in which a furnished flat, home or professionally managed resort is offered as a short-term lodging option to hotels to tourists. Vacation rentals are also known as self-catering rentals, holiday homes, holiday lets (in the UK), cottage vacations (for rentals of smaller property in rural areas), and gites (in rural Fra ..
The global vacation ownership (timeshare) market is expected to reach US$39.89 billion in 2023, increasing at a CAGR of 9.45%, for the duration spanning 2019-2023. The factors such as increasing high net worth population a ..
The tourism industry has been changing drastically in recent times and with increasing popularity of marine and coastal tourism activities, the demand for leisure boats have increased over the years. A pleasure craft (or l ..
The Gulf Cooperation Council (CC) is the political and economic union of the six countries of the Arabian Peninsula: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The GCC has great potential to ..
The global tourism industry is surging at a rapid pace with rising demand for online booking tools by the corporates. Online Booking Tool is a type of reservation system used by the corporates to book or compare the comple ..
The word "timeshare" has evolved over the years to include a wide variety of vacation products and plans. It is also known as "vacation ownership" "holiday ownership" and "interval ownership” ..