Travel and Tourism Key Emerging Trends and Market Dynamics for 2024: Stronger Focus on Sustainable Practices and ESG Themes in Response to Heightened Environmental Awareness Amongst Travelers


Dublin, Jan. 17, 2024 (GLOBE NEWSWIRE) -- The "Key Themes in Travel and Tourism 2024 - Thematic Intelligence" report has been added to ResearchAndMarkets.com's offering.

This report covers the key technology, industry, macroeconomic, and ESG themes that will have a significant impact on travel and tourism in 2024. Whether you are looking to invest, gain competitive intelligence, or just become more familiar with one of these themes, this report provides a comprehensive analysis of each one, while also outlining how these themes interlink, making this report a must-read.

This report pinpoints the themes that are most likely to impact your financial performance and position in the market. Each theme is given an in-depth description, an explanation as to why it is important in travel and tourism, data-led analysis, and case studies on how it is being used in different tourism sectors.

Emerging Trends and Market Dynamics

  • Increased integration of AI and machine learning to offer customized travel planning and on-trip experiences.
  • The rise of a robust online marketplace facilitating in-depth consumer data analysis for tailor-made travel services.
  • A stronger focus on sustainable practices and ESG themes in response to heightened environmental awareness amongst travelers.
  • The proliferation of travel applications providing comprehensive solutions from planning to execution of trips.

The tourism sector will be very different in 2024 from what it was in 2019. Prolonged movement restrictions imposed by the COVID-19 pandemic brought about shifts in business operations and goals, as well as traveler behavior and preferences. During COVID-19, remote working and online conferences became more prevalent, and digital tools began to be used more than before, by both businesses and individuals.

A strong online presence is now vital for travel and tourism companies, and this needs to be bolstered by innovative apps, AI. Travel apps are commonly becoming a one-stop-shop for the whole travel journey. Furthermore, the rise of the web-based marketplace for travel has allowed companies to harness greater consumer data to deliver more personalized offerings.

Key Report Features

  • Understand the travel and tourism trends that will escalate in the near future.
  • Assess how travel and tourism companies such as tour operators, OTAs and DMOs are utilizing these themes to drive revenues.
  • Acknowledge the potential challenges that will be faced by companies involved in these themes by understanding the social, cultural, and environmental effects on the destination.
  • Discover recommendations for businesses involved in these themes.
  • The publisher's thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
  • All across the travel and tourism supply chain, companies now have an opportunity to capitalize on what the publisher considers to be the most impactful themes on the travel and tourism industry in 2024, and there are notable examples of this. Therefore, all should buy this report to fully understand how this theme will continue to be a key theme in the future travel landscape.

Key Topics Covered:

  • Executive Summary
  • Travel & Tourism Theme Map
  • Technology Themes
  • Artificial intelligence
  • Cybersecurity
  • Industry Themes
  • The experience economy
  • Niche tourism
  • Online travel & travel apps
  • Personalization
  • The sharing economy
  • Macro Themes
  • Geopolitics
  • Inflation
  • ESG Themes
  • ESG 2.0
  • Sector Scorecards
  • Airlines sector scorecard
  • Airports sector scorecard
  • Attraction operators sector scorecard
  • Lodging sector scorecard
  • Rail and road transport sector scorecard
  • Travel intermediaries sector scorecard

A selection of companies mentioned in this report includes

  • Accor
  • Aeroflot
  • Air China
  • Airbnb
  • AirFrance KLM
  • American Airlines Group
  • ANA
  • Ardent Leisure
  • Avis Budget
  • Best Western
  • Black Tomato
  • Booking Holdings
  • Cedar Fair
  • Central Japan Railway Company
  • China Eastern Airlines
  • China Southern Airlines
  • Choice Hotels
  • Comcast
  • Compagnie des Alpes
  • Delta Airlines
  • Despegar
  • Didi Chuxing
  • DXB Entertainments
  • East Japan Railway Company
  • easyJet
  • eDreams
  • Emirates
  • Enterprise Holdings
  • Europa Park
  • Europcar
  • Expedia
  • FirstGroup
  • Flight Centre Travel Group
  • Flix
  • Four Seasons
  • G Adventures
  • Genting Malaysia
  • GetYourGuide
  • Hays Travel
  • Hertz
  • Hilton
  • Hopper
  • Huazhu
  • Hyatt Hotels
  • IAG
  • Indian Railways
  • IndiGo
  • InterContinental Hotels
  • Intrepid Group
  • IZZ Air
  • Jet2
  • JetBlue
  • LATAM Airlines
  • Lonely Planet
  • Lyft
  • MakeMyTrip
  • MakeMyTrip
  • Mandarin Oriental
  • Marriott Internaitonal
  • Melia
  • Merlin Entertainments
  • MGM Resorts
  • Minor Hotels
  • Miral
  • MTR Corp
  • National Express
  • On the Beach
  • Oriental Land
  • OYO Rooms
  • Parques Reunidos
  • PortAventura
  • Puy du Fou
  • Qantas
  • Qatar Airways
  • Radisson Hotel Group
  • Royal Caribbean International
  • Ryanair
  • SeaWorld
  • Secret Escapes
  • Seera
  • Shanghai Jin Jiang
  • Six Flags
  • Sixt
  • SNCF Group
  • Southest Airlines
  • Splinster
  • Tivoli
  • Travelodge
  • Trip.com
  • TripAdvisor
  • TripIt
  • TUI
  • Tuniu
  • Turkish Airlines
  • Uber
  • United Airlines
  • Walt Disney
  • Wego
  • Whitbread
  • Wyndham Hotels & Resort

For more information about this report visit https://www.researchandmarkets.com/r/ds9sz

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