Get the lowdown on the broader economic trends affecting travel in 2023, thanks to data and analysis from Skift Research. Watch this Skift Megatrends video to stay ahead of the game.
Thanks to China's strict zero-Covid policy, the global tourism industry made due without the world's largest outbound tourism market. Given how painstakingly slow the country has been to relax restrictions, tourism businesses would be wise to have learned their lessons about depending on the Chinese market even if it fully reopens in 2023.
The latest data underlines the strength of the travel recovery in the Middle East, thanks in large part to the FIFA World Cup. What next after the World Cup is the million-dollar question here.
Asia has opened up again, but higher travel costs for in-person meetings and maybe fewer remote workers are stifling that need for human contact. Zoom it is, at least through 2023.
Experts on the ground in both Hong Kong and Singapore already report booking spikes and surges in airfares and hotel rates. The message is to start laying the groundwork for when China eventually eases its own travel policies.