Arabian Travel Market reconfirms in person event for next month | News


Arabian Travel Market (ATM) has reconfirmed that the 2021 edition of its annual showcase will go-ahead in-person at the Dubai World Trade Centre (DWTC).

The event is currently scheduled to start on Sunday, May 16th, with final preparations currently being put in place.

The show will strictly adhere to the health and safety guidelines set by the Dubai government and followed by venue.

Danielle Curtis, exhibition director, Middle East, Arabian Travel Market, said:  “Dubai is one of the safest cities in the world to visit with a wide range of precautionary measures in place to ensure the safety of tourists at every stage and touchpoint of their travel journey, from arrival to departure.

“More than nine million doses have already been administered in the UAE, which is also a major achievement.”

The theme of this year’s show is ‘A new dawn for travel and tourism’ and the spotlight will be focused on the very latest Covid-19 news from around the world – vaccine rollouts, social and travel restrictions and as consequence, the current state of the industry and more importantly, what the future holds.

It will also look at the emerging trends and how innovation can drive the industry forward.

The health of the travel and tourism industry is key to the region.

In-person on the show floor, 62 countries represented by main stand holders and sharers will be participating this year.

They include Saudi Arabia, Bahrain, Germany, Cyprus, Turkey, Egypt, Jordan, Italy, Greece, India, Indonesia, Malaysia, South Korea, Maldives, the Philippines, Thailand, Mexico and the USA to name but a few.

Features this year will include Travel Forward at ATM, which will highlight keynote speakers and world-class technology experts, that will provide industry-leading insights about the latest technologies and trends that will undoubtedly shape the future of travel and tourism.

The ATM 2021 conference programme includes the Global Stage which will feature the Hotel Industry Summit and Buyer Forums dedicated to key source markets such as Saudi Arabia, India and China.





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Devmark Group to market Palm Tower in Dubai | News


Devmark Group has been appointed to create the marketing strategy and direct the sales for the 43-storey Palm View tower in Dubai.

Located just below the trunk of Palm Jumeirah, with a 180-degree view across to Bluewaters Island, Palm Jumeirah and Burj Al Arab, the residential project boasts a total of 263 apartments.

“One of the reasons why we were exclusively appointed as a specialist consultancy for this project, was our strategic advisory, which added significant value to the project’s market proposition,” said Sean McCauley, chief executive of Devmark Group.

“We found that the latest global trends suggested residents have become far more spatially and environmentally aware following the lockdown.

“Besides advising about the projects positioning, pricing, facilities and amenities, we wanted to create a live, work and relax concept, that would work equally well indoors as well as outdoors,” added McCauley.

In addition to all of the hotel facilities, Devmark Group went on to create the exclusive Resident’s Club, which will feature private pool access and in-room dining.

“The Club also gives residents access to several beach clubs throughout Dubai.

“We packaged this as an exclusive offer to residents which has proved extremely popular with investors,” observed McCauley.

“In fact, during a series of private pre-launch broker events recently, we have now completely sold out our initial allocation of pre-launch units.

“So, we will now release more units ready for our upcoming public launch.” 

Devmark said these apartments come complete with picture, floor to ceiling windows that take full advantage of the commanding views over the Palm Jumeirah and Dubai Marina, as well as custom furniture, quality fittings and furnishing and Bosch white goods and other branded appliances.





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Industry Analysis, Market Trends, Growth, Opportunities and Forecast |Technavio


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The adoption of RPA reduces the cost of product development is one of the major factors propelling the market growth. However, factors such as cybersecurity will hamper market growth.

Travel Technologies Market: Product Landscape
Based on the type, the GDS segment is expected to witness lucrative growth during the forecast period.

Travel Technologies Market: Geographic Landscape
By geography, North America is going to have a lucrative growth during the forecast period. About 35% of the market’s overall growth is expected to originate from North America.  The US is one of the key markets for travel technologies in North America. The rising revenue of the tourism industry is one of the prime factors that will facilitate the travel technologies market growth in North America over the forecast period. 

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  • Sheet Metal Processing Equipment Market by Application and Geography – Forecast and Analysis 2021-2025- The sheet metal processing equipment market size has the potential to grow by USD 5.57 billion during 2021-2025, and the market’s growth momentum will decelerate during the forecast period. To get extensive research insights: 

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  • Marine Vessel Energy Efficiency Market by Application and Geography – Forecast and Analysis 2021-2025– The marine vessel energy efficiency market size has the potential to grow by USD 163.00 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.22%. To get extensive research insights: 

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Companies Covered:

  • Amadeus IT Group SA
  • CRS Technologies India Pvt. Ltd.
  • Dolphins Dynamics Ltd.
  • ecare Technology Labs Pvt. Ltd.
  • Expedia Group Inc.
  • Lemax Ltd.
  • Sabre Corp.
  • Technoheaven
  • Tramada Systems Pty Ltd.
  • Travel Technology Consulting Inc.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2020, 2021, until 2025
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

More details: Download Free Sample Report

Key Topics Covered:
Executive Summary
Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • GDS – Market size and forecast 2020-2025
  • Airline and hospitality IT solutions – Market size and forecast 2020-2025
  • Market opportunity by Product

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Amadeus IT Group SA
  • CRS Technologies India Pvt. Ltd.
  • Dolphins Dynamics Ltd.
  • ecare Technology Labs Pvt. Ltd.
  • Expedia Group Inc.
  • Lemax Ltd.
  • Sabre Corp.
  • Technoheaven
  • Tramada Systems Pty Ltd.
  • Travel Technology Consulting Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
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Travel Insurance Market to Grow by USD 12.61 Billion During 2021-2025|Featuring Allianz Group, American Express Co., and American International Group Inc. as Key Market Players|Technavio


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Travel insurance market: Growing tourism and business travels
The travel and tourism industry has witnessed substantial growth in recent years. The government of numerous countries has made it mandatory to attach travel insurance documents while applying for visas, which is also contributing to market growth. Major market vendors such as AXA and Allianz Group are incorporating digital tools to garner a larger customer base. Some insurers are offering insurance cover for COVID-19-related medical expenses for inbound travelers and extending the expiration period without adding extra charges in their policies. Government organizations of different countries are launching initiatives to boost international tourism, which will fuel the demand during the forecast period. Hence, the growth of the tourism industry will fuel gross premiums for the travel insurance market during the forecast period.

“The emerging technological developments and growing demand for travel insurance will further boost market growth during the forecast period”, says a senior analyst at Technavio.

Key Questions Answered in the Report:

  • Which are the leading segments in the travel insurance market?
  • What are the major challenges inhibiting the growth of the travel insurance market?
  • What are the key trends and opportunities to be explored in the travel insurance market?
  • Who are the major vendors, and what are their key offerings in the travel insurance market?

Find more details on the travel insurance market: https://www.technavio.com/report/travel-insurance-market-industry-analysis

Leading Travel Insurance Market Participants

Allianz Group
Allianz Group offers travel insurance policies through various business segments such as Property Casualty, Life or Health, Asset Management, Corporate and Other segments.

American Express Co.
American Express Co. provides travel insurance policies through various business segments such as Global consumer services group, Global commercial services, and Global merchant and network services.

American International Group Inc.
American International Group Inc. operates and offers travel insurance policies through various business segments such as General Insurance, Life and Retirement, Legacy Portfolio Other Operations segments.

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Related Report on Consumer Discretionary Include:
Global Mobility-as-a-Service Market– The mobility-as-a-service market is segmented by service (e-hailing, car sharing, and others) and geography (APAC, North America, Europe, South America, and MEA).
To get extensive research insights:  Download FREE Sample Report

Global Managed Print Services Market– The managed print services (MPS) market is segmented by deployment (cloud-based, on-premises, and hybrid) and geography (North America, Europe, APAC, South America, and MEA).
To get extensive research insights:  Download FREE Sample Report

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website:www.technavio.com/
Report Page: https://www.technavio.com/report/travel-insurance-market-industry-analysis

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Cook’s Club to return to UK market this summer | News


Cook’s Club, currently owned by the Fosun Tourism Group of China, is preparing for its summer relaunch in the UK market.

It is described as a lifestyle concept targeted at forward-thinking city-dwellers who are looking to escape from their daily routine, but still crave style and comfort, good music and fantastic food.

Travel specialist PR consultancy Lotus will assist with the plans.

With a number of hotel relaunches planned for summer, including Cook’s Club Hersonissos (Crete, Greece), and Cook’s Club Adakoy (Marmaris, Turkey), the brand aims to capitalise on new beginnings targeting a ‘new generation of travellers’.

The move follows the relaunch of the wider Thomas Cook brand, also owned by Fosun, last year.

The communications strategy will relaunch Cook’s Club to the UK market through a proactive PR campaign which aims to drive trust in the brand, build a community of fans and create a distinct personality.

The account will be led by Lotus’ account director, Georgina Oakley, supported by senior account manager, Katie Cosstick and account executive Alissa Kirkwood.

Lotus will report into Marisa Aranha, head of commercial: overseas hotels at Fosun Tourism Group.

Marisa Aranha said: “We are delighted to appoint Lotus to support our UK relaunch.

“We have ambitious growth plans for the UK market, and we look forward to working with Lotus to help drive brand awareness for Cook’s Club.”





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Online Travel Booking Market Major Factor High Penetration of Internet in Developed and Developing Countries – Cadillac News



Online Travel Booking Market Major Factor High Penetration of Internet in Developed and Developing Countries  Cadillac News



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$ 1,232 Billion Growth in Global Luxury Travel Market 2021-2025


Enterprises will go through the Response, Recovery, and Renew phases. 

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The luxury travel market will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to decrease as compared to 2020.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

This post-pandemic business planning research will aid clients to:

  • Adjust their strategic planning to move ahead once business stability kicks in.
  • Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
  • Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
  • Pre- as well as post-COVID-19 market estimates
  • Quarterly impact analysis and updates on market estimates

Related Report on Consumer Discretionary Include:

Global Business Travel Market – Global business travel market is segmented by expenditure (travel fare, lodging, dining, and other expenditure), age (above 40 years and below 40 years), application (marketing, internal meeting, trade show, and product launch), and geography (APAC, Europe, MEA, North America, and South America). 

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Global Online Travel Booking Platform Market – Global online travel booking platform market is segmented by type (packages and direct), booking platform (desktop/laptop and mobile/tablet), and geography (North America, APAC, Europe, South America, and MEA). 

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Major Three Luxury Travel Market Participants:

Abercrombie & Kent USA LLC

Abercrombie & Kent USA LLC operates its business through segments such as Destinations, Small group journeys, Cruises, Private jet, and Tailormade. The company provides luxury travel across destinations around the world

Absolute Travel Inc.

Absolute Travel Inc. operates its business through segments such as Cruises, Vacations, Tours, and Tours & excursions. The company provides luxury travel by cruising across the globe.

Butterfield & Robinson Inc.

Butterfield & Robinson Inc. operates its business through the Unified segment. The company provides a comprehensive range of luxury travels including adventure travel, culinary travel, and travel by small ships.

Get report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/luxury-travel-market-industry-analysis

Luxury Travel Market 2021-2025: Segmentation

Luxury travel market is segmented as below:

  • Type
    • Adventure
    • Personalized
    • Cruising And Yachting
    • Culinary
    • Others
  • Geography
    • Europe
    • North America
    • APAC
    • MEA
    • South America
  • Consumer

The luxury travel market is driven by increasing disposable incomes. In addition, other factors such as trending sports tourism are expected to trigger the luxury travel market toward witnessing a decelerating CAGR of almost 26% during the forecast period.

Get more insights about the global trends impacting the future of the luxury travel market, Request Free Sample @ 
https://www.technavio.com/talk-to-us?report=IRTNTR44241

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report: www.technavio.com/report/luxury-travel-market-industry-analysis 

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Travel Services Market in India to Grow by USD 11.11 Billion during 2021-2025|Increasing International Tourist Footfall to Boost Growth |Technavio


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Travel Services Market in India: Increase in the number of M&A, partnerships, and strategic alliances to drive growth

M&A activities, partnerships, and strategic alliances help players in increasing their market shares, improving their services, and expanding their geographic reach and service portfolios. Many vendors operating in the travel services market in India are actively focusing on acquiring other companies and related players to enhance their customer reach and expand their services across the country. The market is also witnessing partnerships between vendors and government agencies, as such partnerships enhance vendors’ business strategies and presence in the travel services market in India. The increasing number of M&A activities, partnerships, and strategic alliances is leading to improvements in the services offered in the travel services market in India, in turn fueling its growth.

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As per Technavio, the increasing international tourist footfall will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2021-2025.

Travel Services Market in India: Increasing international tourist footfall

Inbound tourism in India grew at a rapid pace, consequently driving the number of tourists and fueling the demand for travel services in India. The growth in tourist footfall is the rise in the number of travelers heading to India. The increase in the number of international tourists and visitors to India is accelerating the demand for travel services. The tourism industry in India is growing at a rapid pace, led by the improving infrastructure for air, rail, and road connectivity to cities in India and the growing number of government initiatives to promote tourism in the country. The growth in the number of international tourist arrivals fuels the growth in demand for travel services in India, consequently driving the value sales of the market.

“The introduction of multiple low-cost airlines, rising disposable income, government initiatives, improved connectivity, foreign direct investment (FDI) in the Indian civil aviation sector will further boost market growth during the forecast period”, says a senior analyst at Technavio.

Travel Services Market in India: Major Vendors

  • Airbnb Inc.
  • Cleartrip Pvt. Ltd.
  • Cox and Kings Ltd.
  • Indian Railway Catering and Tourism Corp. Ltd.
  • ITC Ltd.

Travel Services Market In India: Segmentation Analysis
This market research report segments the travel services market in India by service (Domestic flight services, Hotel accommodation services, Rail ticket services, Cab services, and Others) and booking (Online and Offline).

The APAC region led the travel services market in India in 2021, followed by India respectively. During the forecast period, the APAC region is expected to register the highest incremental growth due to factors such as increasing the adoption of online payment platforms.

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Related Reports on Consumer Discretionary Include:

Global Luxury Travel Market- The luxury travel market is segmented by type (adventure, personalized, cruising and yachting, culinary, and others), consumers (domestic and international), geography (Europe, North America, APAC, MEA, and South America), and key vendors.

To get extensive research insights: Download FREE Sample Report

Global Golf Tourism Market– The golf tourism market is segmented by type (domestic and international) and geography (North America, Europe, APAC, South America, and MEA).

To get extensive research insights: Download FREE Sample Report

Some of the key topics covered in the report include:

Market Challenges

Market Drivers

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report Page: https://www.technavio.com/report/travel-services-market-in-india-industry-analysis

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WTTC praises Greek plans to reopen tourism market in May | News


Greece is set to give the green light to holidaymakers from May 14th as the destination seeks to boost its tourism economy.

The move has been welcomed by the World Travel & Tourism Council (WTTC), which is keen to see the sector reopened around the globe as quickly as possible.

Greek tourism minister, Harry Theocharis, explained the country will be opened up to international tourists who are vaccinated, have antibodies or can show proof of a negative test.

All tourists will be subject to random Covid-19 testing upon entry.

Theocharis said the details are still being finalised, with details expected in the coming days.

Gloria Guevara, chief executive of WTTC, said: “The World Travel & Tourism Council and its members praise the Greek government for its tremendous efforts and strategic steps taken to restart international travel from May 14th.

“This clear roadmap to recovery could reopen the door to a bumper summer of travel for sun-starved holidaymakers looking to get away to Greece and provide a significant boost to the country’s economy.

“It also lays out the pathway which other countries could follow, in a bid to kickstart safe travel and help revive their own stricken economies.”

She added: “The Greek government’s strategy and measures revealed are broadly in line with WTTC advice and we are pleased it will soon be welcoming travellers with proof of vaccination, a negative test or a positive antibody test, with only positive cases required to quarantine.

“These entry requirements along with random rapid tests on arrival, enhanced health and hygiene measures and mandatory mask wearing throughout the travel journey and in public spaces will provide the reassurance consumers need to book their trips.

“Greece is one of Europe’s most popular destinations for travellers and as such, relies heavily upon international travel, with Germany and the UK as its most important source markets.”





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