Tourism is Back: UK Holidays are Back From Break
Travel was brought to a standstill by COVID-19, threatening the UK economy. With restrictions now lifted, let's review some emerging trends in the UK tourism industry.
Soaring jet fuel prices threaten to raise airfares and limit air travel demand
High jet fuel prices caused by the Russia-Ukraine conflict are likely to increase airfares and limit airline capacity, particularly on international routes.
Economic Update: International Travel, August 2021
Only 130,000 international travellers came to Australia in 2020-21, down from 9.34 million in 2018-19. Australians hoping to travel overseas fared little better in 2020-21.
How is the UK International Travel Sector Expected to Perform in 2021-22?
The ban on international travel was lifted on 17 May 2021, but the industry is still expected to face challenges in the short term.
Buying Time: Household Goods Retailing Cushioned by Continued Travel Restrictions
International border restrictions and work from home arrangements have boosted demand for household goods retailers during the COVID-19 pandemic.
Bubble Boost: Tourism to Rise as Travel Resumes Between Australia and New Zealand
Unrestricted air travel between New Zealand and Australia recommenced this week, representing the first two-way quarantine-free travel since March 2020.
Silver Economy: The Industries Benefiting from the Ageing Population
The Australian population is continuing to age, driven by a declining birth rate and an improving average life expectancy.
Own Backyard: Domestic Travel Continues to be Limited Despite Easing Restrictions
IBISWorld examines the current state of Australia’s tourism and travel accommodation sector as the global fight to contain COVID-19 continues.
Supply Chain Effects of Reduced Air Travel
Industries involved in day-to-day airport operations and aircraft maintenance are facing difficulties as a result of reduced air travel.
The Return of Domestic Tourism in the UK
With the tourism industry across the United Kingdom given permission to reopen, IBISWorld has assessed how the sector is expected to perform over the current year.