African Tour Operators Rethink Animal Attractions and 8 Other Tourism Trends This Week
These are the tourism trends we were talking about this week.
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Native American Destinations See Surge in Overseas Visitors
AIANTA wants to keep capitalizing on its success over the past couple of years, increasing tourism to Native American destinations. Its goals for 2020 are ambitious, but doable, given the stats so far.
To Generate $1 Billion in New Revenue TUI Looks to New Markets and Bigger Ideas
TUI’s target is very ambitious and five years doesn’t seem like enough time to develop and expand into countries where it does not have the brand recognition.
Trump’s Travel Ban Remains Suspended and 15 Other Tourism Trends This Week
These are the tourism trends we were talking about this week.
Despite Spain’s Strength Thomas Cook Targets Greece for Tourism Growth in 2017
While it's good news for Greece that bookings are on the rise, the struggle to find value in Spain shows just how difficult a summer it might be for European tour operators. Thomas Cook's cautious outlook hints at gloomier times ahead.
Hotelbeds Plans to Buy Tourico Holidays to Expand in the Americas
Hotelbeds has an outstanding market position on the strength of its booking technology. The plan to acquire Tourico shows that its financial backers, particularly buyout firm Cinven, see a path to growth. Expect further acquisitions that add new supplier relationships in new market segments.
EU Is Investigating Tour Operators Over Suspected Anticompetitive Practices
The likes of Thomas Cook and Tui Group should be wary of Commissioner Margrethe Vestager, who in the past has taken on Google and Apple. Should she find anything amiss there is the potential of a sizable fine and a revamp of their practices.
Travel Megatrends 2017: Tours and Activities Are Finally Coming Into Their Own
Airbnb’s entry into the tours and activities market certainly brings the sector to the fore. If Airbnb sticks with a strategy to curate its tours and activities, going with unique and off-the-beaten-path experiences, then that is still important for the sector given Airbnb’s scale, but self-limiting. Competition is certainly a healthy thing and all the players will have to up their games.
Venezuelan Travel Agencies Get Creative in Reinventing Themselves After Very Tough Year
Venezuelan travel agencies have refocused their strategies to face the economic crisis. The shift has not been enough to boost the business, which shows no signs of recovery.
New Skift Research Report: State of Tours and Activities Tech 2017
Sophistication and adoption of back-end technology on the supply side is getting to a point where the big players in online travel are taking the tours and activities segment seriously. It's an expanding growth opportunity for new and direct revenue streams across the entire traveler journey, beyond core transport and accommodations products.