Pacific Asia Travel Association (PATA) has proposed scenarios of international tourist recovery in the coming times. Following a sharp increase in annual international arrivals in 2022, prediction suggests that growth will peak in 2023 before slowing down by 2025. It is because the pent-up travel demand is gradually released. In the “Asia Pacific Visitor Forecasts…
The tourism market is constantly changing. Therefore, to capture customer needs and develop a strategy, businesses need to find a new approach. One of the best ways is to track and understand their behavior. With three modules including 17 indicators from the Vietnam Travel Market Tracker (VTMT) solution, businesses can clearly see the picture of…
Wellness trends such as forest bathing, sound healing, and equine experience will become more popular in 2023. The economic crisis and layoffs cause much anxiety and stress for everyone. Therefore, travel businesses and hotels/resorts invest a lot in the health care services for customers. According to the Global Health Institute, the global wellness economy is…
With a favorable geographical position with a 3,260km coastline, diverse terrain with three-quarters being hilly, and the tropical monsoon climate, Vietnam indeed has a lot of potential to boost golf tourism, and become one of the world’s leading golf destinations. About 10 years ago, Vietnam was named “Undiscovered Golf Destination of the Year” by the…
Travel demand of elderly travelers is increasing, but the tourism industry has not yet prepared to provide enough facilities and accommodations to serve them. The United Nations states that the population over 65 is growing the fastest. Therefore, travel businesses need to meet their travel needs as they will account for a larger proportion of…
Tay Ninh orients to develop spiritual and cultural tourism products to turn tourism into a key economic sector of the province in 2023. Tay Ninh tourism aims to become a major economic sector, accounting for more than 10% of GRDP by 2023. The growth rate of tourism revenue increases annually by an average of 25%…
