July to September 2015 Q Global Travel Insights

Size: px
Start display at page:

Download "July to September 2015 Q Global Travel Insights"

Transcription

1 July to September 2015 Q Global Travel Insights

2 P. 2

3 TABLE OF CONTENTS P. 3 Analysis of Recent Travel Trends 4 Global Travel Trends: The Bird s Eye View 4 Late Summer/Early Fall Travel Trends and Major Travel Events 7 North America Outbound Trends During Q Independence Day and Labor Day Travel in the US 8 Latin America Outbound Trends During Q Europe, Middle East and Africa Outbound Trends During Q Hajj Travel in the Middle East 12 Asia-Pacific Outbound Trends During Q The Global Outlook: Quarter on Quarter Search Lead Times for Outbound Travel 16 Travel Trends Forecast: Regional Travel Trends for Fall/Winter Thanksgiving Travel: North America 19 Black Friday and Cyber Monday Trends 22 Holiday Travel Forecast 22 North America 22 Latin America 24 Europe 25 Asia-Pacific 27 Chinese/Lunar New Year Travel Forecast: Asia-Pacific 29 Appendix Glossary 32 Methodology 33

4 ANALYSIS OF RECENT TRAVEL TRENDS P. 4 SOJERN S GLOBAL TRAVEL INSIGHTS For this report, Sojern analyzed travel behavior worldwide in five regions: Asia-Pacific, Latin America, Europe, Middle East & Africa, and North America. The data provided in this report is based on search and booking behavior provided by major airlines, online travel agencies (OTA s), meta-search, and other travel service providers. Airline searches and bookings from more than a billion traveler intent data points were analyzed to better understand how online consumer travel trends are changing. Sojern s quarterly Global Travel Insights reports are broken down into two sections. The first, called Analysis of Recent Travel Trends, analyzes actual travel activity to explain shifts in travel patterns during the previous quarter. We then capitalize on our access to future travel intent data for the second section, called the Travel Trends Forecast. Sojern extracts actionable insights on the stated and predicted behavior of future travelers who research during the quarter. This section is an invaluable tool for enabling real shifts in marketing strategies that take advantage of probable future patterns. Q GLOBAL TRAVEL TRENDS: THE BIRD S EYE VIEW As summer ended and schools reopened, global travel volumes tapered somewhat towards the end of August and through September. Two notable exceptions to this trend were Labor Day in the US, which marked the final travel peek of the quarter in this region, and the Hajj pilgrimage to Saudi Arabia. We compared Labor Day travel trends with Independence Day trends in the US and found slightly different search behaviors among American travelers: the July holiday saw most searches for trips to New York, while the September holiday moved more travelers to seek the sun in Miami. There were disparities in the length of trips searched for, as well: only 25% of Americans looked to travel six or more days around Independence Day vs. a whopping 47% on Labor Day. That may have been affected by the fact that the 4th of July fell on a Saturday this year and some employers may have chosen not to grant Friday, July 3 as a paid holiday. Similar to last year, the Hajj pilgrimage dominated travel interest in Saudi Arabia during the month of October, bringing millions of Muslims from around the world to Mecca between September 14 to 21 and generating a whopping 90% increase in travel volume to the Jeddah airport, the main gateway airport for the Hajj. The list of top ten countries with the largest increases in volumes of travel intent to Jeddah was topped by Oman with a 243% week on week increase, but also included the European country of France, with 94% week on week growth. In terms of general outbound travel trends, we compared Q3 with the first two quarters of the year and noticed that in North America and Europe, the percentage of travelers who searched for tickets seven days or less prior to their trip was on a gradual increase (one or two percentage points higher each quarter) and the proportion of travelers who searched sixty days or more prior to their trip was rapidly declining. Please see the table on page 11 for exact details. If you have questions about any of the trends we forecasted and analyzed in this report, please Sojern s public relations department at pr@sojern.com.

5 ANALYSIS OF RECENT TRAVEL TRENDS P. 5 Share of Q3 Search and Booking Volumes by Month 34% 32% 34% 34% 30% 37% % TOTAL OF Q3 SEARCHES % TOTAL OF Q3 BOOKINGS JUL 15 AUG 15 SEP 15 The World s Most Popular Travel Destinations in Q UNITED STATES UNITED KINGDOM GERMANY PORTUGAL FRANCE SPAIN ITALY TURKEY RUSSIA THAILAND

6 P. 6 SECTION I Analysis of Recent Travel Trends

7 7 OR LESS 8 TO TO ANALYSIS OF RECENT TRAVEL TRENDS P. 7 NORTH AMERICA Outbound Trends During Q Most Searched Destinations (Outbound) Party Size Searched 72% SAN FRANCISCO LOS ANGELES LAS VEGAS CHICAGO NEW YORK CITY 19% 9% Search Lead Time Duration Searched 28% 19% 21% 20% 29% 13% 10% 9% 14% 37% 7 OR LESS

8 ANALYSIS OF RECENT TRAVEL TRENDS P. 8 Independence Day and Labor Day Travel in the US In looking to head out of town for the 4th of July, US travelers searched the most for trips to New York City, where holiday festivities included the Macy's Independence Day fireworks over the East River. Perennial party destinations Las Vegas and Miami were the second and third most sought out destinations. For Labor Day weekend, however, most travelers tried to get one last dose of sunshine before the official end of summer, boosting Las Vegas to the top position, followed by Miami and Cancun, the only foreign destination to make the top five most-searched destinations around this holiday. Top Destinations INDEPENDENCE DAY JULY 4TH 1. NEW YORK CITY 2. LAS VEGAS 3. MIAMI 4. CHICAGO 5. LOS ANGELES LABOR DAY SEPTEMBER 7TH 1. LAS VEGAS 2. MIAMI 3. CANCUN 4. NEW YORK CITY 5. ORLANDO More Americans looked to take short and very short trips around Independence Day than around Labor Day: 36% searched for trips three days or less around the 4th of July vs. 22% on Labor Day weekend. At the other end of the spectrum, long trips of eight days or more were five times more frequent around Labor Day than around Independence Day. Trip Durations % 4% 7% 20% 21% 21% 27% 29% 31% 39% INDEPENDENCE DAY LABOR DAY Compare these trends with Memorial Day, when only 4% of travelers looked at trips eight days or longer or with Thanksgiving last year, which, in spite of the fact that most Americans get two days off, saw only 10% of travelers take more than six days off. Labor Day is shaping up as America s favorite holiday to plan an extended trip.

9 7 OR LESS 8 TO TO ANALYSIS OF RECENT TRAVEL TRENDS P. 9 LATIN AMERICA Outbound Trends During Q Most Searched Destinations (Outbound) Party Size Searched 71% MADRID MEXICO CITY/SANTIAGO MIAMI CANCUN BOGOTA 20% 9% Searched Lead Time Duration Searched 37% 14% 17% 11% 9% 8% 18% 43% 18% 25% 7 OR LESS

10 7 OR LESS 8 TO TO ANALYSIS OF RECENT TRAVEL TRENDS P. 10 EUROPE, MIDDLE EAST AND AFRICA Outbound Trends During Q EUROPE Most Searched Destinations (Outbound) Party Size Searched 68% LONDON PARIS BARCELONA PALMA DE MALLORCA BANGKOK 20% 12% Search Lead Time Duration Searched 25% 28% 35% 21% 17% 11% 9% 10% 14% 30% 7 OR LESS 8 TO TO TO TO

11 7 OR LESS 8 TO TO ANALYSIS OF RECENT TRAVEL TRENDS P. 11 MIDDLE EAST Most Searched Destinations (Outbound) Party Size Searched 75% LONDON ISTANBUL CAIRO JEDDAH DUBAI 12% 13% Search Lead Time Duration Searched 12% 19 % 18 % 20 % 20 % 45% 25% 13 % 10 % 18% 7 OR LESS 8 TO TO TO TO

12 ANALYSIS OF RECENT TRAVEL TRENDS P. 12 Hajj Travel in the Middle East The pilgrimage to Mecca, also known as Hajj, is one of the greatest religious observances in Islam. It is the journey that every able-bodied adult Muslim must undertake at least once in their lives if they can afford it. Millions of people from around the world came to Mecca between September 14 to 21 to observe this tradition. The Hajj dominates 40% of all travel interest in Saudi Arabia during Hajj week. Jeddah, the main gateway airport for the Hajj pilgrimage, sees a 90% increase in travel volume the week of the Hajj compared with the week prior. During the Hajj, Jeddah claims 40% of all travel interest in Saudi Arabia. Comparison of Travel Volume Between Hajj Week and the Week Prior and Percentage Share of Travel Interest Destination Share of Jeddah Travel 90% HAJJ WEEK 40% 43% PRIOR WEEK 30% JEDDAH SAUDI ARABIA Saudi Arabia is the top origin country for flights into Jeddah airport; Egypt is next to contribute to the influx of travelers to Jeddah. Islam is the dominant religion in Egypt, which is home to around 80 million Muslims. The United Kingdom, where Islam is the second largest religion, is generating the third largest portion of Hajj week travel. Other Muslim countries, such as the United Arab Emirates, Turkey, Pakistan, Morocco and Jordan are also top countries for travelers to Jeddah.

13 ANALYSIS OF RECENT TRAVEL TRENDS P. 13 Top Origin Countries for Hajj Week 2015 by Share of Travel Volume UNITED KINGDOM 3 9 UNITED STATES MOROCCO 8 TURKEY5 EGYPT 2 10JORDAN 7 PAKISTAN SAUDI ARABIA1 4 UNITED 6 INDIA ARAB EMIRATES The volume of travel intent from Oman to Jeddah during Hajj Week more than tripled (up 243%) compared with the previous week. This vast growth was echoed across Saudi Arabia, Bahrain and Qatar with travel intent volume doubling or more the week of the pilgrimage. Even the European country of France, where Islam is a minority religion, witnessed a 94% growth in travel intent volume during Hajj week compared with the week prior. Top 10 Countries with Biggest Growth During Hajj Week Compared with Week Prior 243% 233% 230% 203% 132% 130% 105% 98% 96% 94% RANK OMAN SAUDI ARABIA BAHRAIN QATAR KUWAIT JORDAN ALGERIA TUNISIA TURKEY FRANCE The majority of pilgrims traveling to Jeddah tend to travel individually with 80% traveling solo the week prior and 77% travelling solo during Hajj week. Party sizes of two and three or more are up by 11% and 18% respectively.

14 ANALYSIS OF RECENT TRAVEL TRENDS P. 14 Party Sizes 77% -4% 80% 12% 11% 18% 11% 11% 9% HAJJ WEEK WEEK PRIOR DELTA One-third of trips searched during Hajj week tend to be for a longer duration with trips searched the week prior also seeing more intent (41%) for lengthy trips of 12 days or more. Five times more trip searches are for 8-11 days during Hajj week, compared to a the week prior. Interestingly, for both the week of the Hajj and the week prior, searches indicate that travelers would prefer to either stay for a longer trip of 12 days or more or a very short trip of a day and less. Fewer travelers indicate interest in staying between two and seven days. Trip Duration % 10% 6% 5% 13% 4% 27% 37% 18% 3% 33% 41% -60% 23% 208% -28% 492% -20% HAJJ WEEK WEEK PRIOR DELTA

15 7 OR LESS 8 TO TO ANALYSIS OF RECENT TRAVEL TRENDS P. 15 ASIA-PACIFIC Outbound Trends During Q Most Searched Destinations (Outbound) Party Size Searched 75% TOKYO HONG KONG BANGKOK SINGAPORE BALI 17% 8% Search Lead Time Duration Searched 41% 23% 15% 9% 7% 8% 20% 45% 13% 19% 7 OR LESS 8 TO TO TO TO

16 ANALYSIS OF RECENT TRAVEL TRENDS P. 16 The Global Outlook: Quarter on Quarter Search Lead Times for Outbound Travel Outbound Travel Trends Q % 37% 28% 28% 20% 19% 17% 19% 17% 15% NORTH AMERICA EUROPE MIDDLE EAST & NORTH AFRICA LATIN AMERICA ASIA-PACIFIC 7 OR LESS 60+ Outbound Travel Trends Q % 39% 31% 41% 41% 22% 16% 16% 15% 16% NORTH AMERICA EUROPE MIDDLE EAST & NORTH AFRICA LATIN AMERICA ASIA-PACIFIC 7 OR LESS 60+ Outbound Travel Trends Q % 38% 35% 39% 41% 23% 15% 14% 17% 16% NORTH AMERICA EUROPE MIDDLE EAST & NORTH AFRICA LATIN AMERICA ASIA-PACIFIC 7 OR LESS 60+

17 ANALYSIS OF RECENT TRAVEL TRENDS P. 17 In Asia-Pacific, search lead times remain remarkably stable quarter on quarter and show no signs of being affected by seasonal fluctuations, at least at the extremes of the spectrum - seven days or less and 60 days or more before the travel dates. In fact, Asia-Pacific takes the crown for the least fluctuations at both ends of the spectrum. Latin America follows closely, with just a few percentages of difference in each category, quarter on quarter. Interestingly, in Q2, the popularity of searching for trips 60 days and more sees an increase of two percentage points in the region over Q1: 41% vs. 39% respectively. Europe and North America behave similarly in both categories quarter on quarter: from the beginning of the year through the end of September, increasingly more travelers search for tickets seven days or less from the departure date and radically fewer travelers search for tickets 60 days or more before the departure date. These fluctuations are in line with the seasonal trends: in Q1 travel planning is in full swing for the summer break and even winter holidays, while Q2 and Q3 are increasingly seeing travelers looking closer to home and, consequently, searching for tickets closer and closer to the departure date. The Middle East and Africa stands with the shortest search lead times of all and is the one region where seasonal fluctuations don t fully explain the trends. In Q1 alone, a whopping 23% of all trips had less than seven days between search and departure. That trend seemed to taper off somewhat as the year progressed. One potential explanation for the significantly shorter search lead times is that the average age of the Middle Eastern traveler is younger than in most Western countries. Higher disposable income, which typically brings less advance planning and more spur-of-themoment travels - could also be a contributing factor. Over the next few quarters, we will begin to monitor for year-on-year fluctuations at both ends of the search lead time spectrum, looking for indications that consumers behaviors are changing and that search lead times are shrinking beyond just seasonally.

18 P. 18 SECTION II Travel Trends Forecast: Regional Travel Trends for Fall/Winter 2015

19 TRAVEL TRENDS FORECAST: REGIONAL TRAVEL TRENDS FOR FALL/WINTER 2015 P. 19 With access to over a billion traveler intent profiles, Sojern s quarterly travel reports are designed to shed light on recent shifts in travel patterns and offer actionable insight on stated and predicted behavior of future travelers. Brands find our Travel Trends Forecast section to be a valuable tool for developing context-aware marketing strategies. In this quarter s Travel Trends Forecast, we examined early search patterns around Christmas and the New Year globally. We also predicted travel trends for two major upcoming regional holidays: Thanksgiving in November in the US and Chinese New Year in February in Asia-Pacific. THANKSGIVING TRAVEL: NORTH AMERICA Thanksgiving 2015 in the US promises to be the busiest yet, and travelers have already begun searching for flights around this timeframe. Of those who had already booked as of the drafting of this report, travelers were two and a half times more likely to travel on the Tuesday before Thanksgiving and three times more likely to travel on the Wednesday before Thanksgiving than on Thanksgiving proper. These were also the three most popular days for Thanksgiving travel this year. Most Thanksgivings trips this year (67%) are for four to five days long, compared to 64% last year. Trip Duration 0-1 2% % 20% 67% If early bookers are an indication, fewer travelers may be headed on their trips alone this year: 63% are traveling solo compared to 71% of all bookers last year, but last-minute bookers (who tend to travel solo more) may yet skew these numbers.

20 TRAVEL TRENDS FORECAST: REGIONAL TRAVEL TRENDS FOR FALL/WINTER 2015 P. 20 The top five most searched destinations for Thanksgiving remain relatively stable year-on-year, with the notable exception of San Francisco, which dropped off the list, replaced by Miami. Party Sizes Top 5 Searched Destinations 63% Ranks Top 5 Searched Destinations: 2015 Top 5 Searched Destinations: % 12% 1 New York City New York City 2 Chicago Chicago 3 Miami Dallas 4 Dallas Los Angeles 5 Los Angeles San Francisco One city that does not make the top five destinations, but is a top five origination market for Thanksgiving travel searches is Washington, D.C. Top 5 Origins LOS ANGELES2 CHICAGO 3 1 NEW YORK CITY 4 WASHINGTON, D.C. 5MIAMI

21 TRAVEL TRENDS FORECAST: REGIONAL TRAVEL TRENDS FOR FALL/WINTER 2015 P. 21 Not surprisingly, destinations like New York and Chicago beckon more to solo travelers: 69% of travelers are heading to both destinations alone this Thanksgiving. Meanwhile, Orlando is attracting a significant amount of couples and families, with 55% of travelers heading there this Thanksgiving as part of a travel party of two or more. San Francisco, ever the romantics city, is seeing a high percentage of couples headed there for vacation, at 26%. The most expensive airports to fly out of this Thanksgiving are New York s JFK and San Francisco s International airport, followed by Los Angeles and Philadelphia. At the end of the spectrum, flying out of Atlanta may be the most affordable scenario of all, followed by Fort Lauderdale and Washington, D.C. s Reagan National (DCA). Origin Airport Percentage over/under the Nationwide Median Booking Price JFK 26% SFO 21% LAX 18% PHL 11% BOS 7% EWR 5% DFW -2% DTW -2% PHX -4% MIA -5% ORD -6% CLT -7% LGA -8% DEN -9% RDU -13% DCA -15% FLL -18% ATL -33%

22 TRAVEL TRENDS FORECAST: REGIONAL TRAVEL TRENDS FOR FALL/WINTER 2015 P. 22 CYBER MONDAY 2014: A LOOK BACK According to Sojern data, travel deals are increasingly popular on Cyber Monday, and not just in the US and Europe: last year Cyber Monday triggered a fourfold increase in worldwide flight bookings. Americans responded the most dramatically to Cyber Monday last year, with an increase of 96% in flight bookings compared to Thanksgiving. Europeans saw less dramatic but still significant results with a 32% increase in flight bookings on Cyber Monday and a 25% increase week over week. Last-minute bookings also skyrocketed last year in the US in December, possibly influenced by Cyber Monday falling on December 1. While 54% of December US travelers did their searching in early November, they postponed booking. Almost two-thirds of 2014 December travel was actually booked in December! TIME TRAVEL BACK TO CYBER MONDAY 2013 For a little perspective: In 2013, Cyber Monday fell on December 2 and Sojern data indicated that US flight searches increased 120% over average Mondays in November, and bookings increased by 50% was the year when many travel brands were just starting to experiment with offering Cyber Monday deals. Their gamble paid off, as consumers were clearly responsive and the appetite for travel deals increased from one year to the next, as the 2014 data shows. WHAT TO EXPECT THIS YEAR In a nutshell? More of the same. We expect consumers to continue to be on the hunt for travel deals this year, and, since Cyber Monday falls a little earlier in the quarter (last day of November), prepare to see November bookings skyrocket thanks to this one magical day. HOLIDAY TRENDS North America Bookings for the 2015 holiday season started early this year. So far, 84% of bookings were made during the third quarter. This holiday season, defined as the period starting on December 15 and ending on New Year s day, North American travelers are looking to take slightly more long trips than last year: 38% are searching for trips of eight days or more compared to 34% last year. The most popular departure dates were, in this order: December 23, 19, 18, 22 and 24 (Christmas Eve). Trip Durations % 13% 14% 20% 21% 27%

23 TRAVEL TRENDS FORECAST: REGIONAL TRAVEL TRENDS FOR FALL/WINTER 2015 P. 23 The party sizes also seem to be following an upward trend, although last-minute bookers may skew these numbers in favor of the solo traveler. But for now, only 52% of early bookers are looking to travel alone this holiday season compared to 74% of all bookers last year. The top five destinations remain similar to most US holidays, but looking at the broader top ten list, international destinations like Cancun and San Juan also make an appearance. Party Size 52% 29% 19% Top 10 Destinations CHICAGO 5 1NEW YORK CITY LOS ANGELES4 9 SAN FRANCISCO DALLAS 7 ORLANDO6 2MIAMI 8CANCUN 10 SAN JUAN LONDON Top 5 Destinations Top 5 Destinations Booked in Q1 Booked in Q2 Booked in Q3 1 Cancun Orlando New York City 2 San Juan London Los Angeles 3 Orlando Ft. Lauderdale London 4 Honolulu Cancun Miami 5 St. Thomas New York City Dallas

24 TRAVEL TRENDS FORECAST: REGIONAL TRAVEL TRENDS FOR FALL/WINTER 2015 P. 24 Latin America In Latin America, 83% of holiday bookings made in 2015 were made during the third quarter of the year so far. The most popular departure dates are, in order: December 19, 20, 18, 22 and December 23. Unlike their North American counterparts, most Latin Americans prefered not to travel on Christmas Eve. More than half of travelers in Latin America (58%) are looking to take breaks of six days or longer this holiday season and almost half of them (49%) are traveling as part of a group of two or more. Trip Durations % Party Size 51% % 11% 14% 31% 18% % % The top destination for Latin Americans this holiday season is Madrid, followed by a number of regional destinations and, at positions five and six, Miami and Los Angeles. Top 10 Destinations 6 LOS ANGELES MEXICO CITY9 5MIAMI 3CANCUN 10SAN SALVADOR 2BOGOTA 1MADRID 4LIMA SANTIAGO 7 8 BUENOS AIRES

25 TRAVEL TRENDS FORECAST: REGIONAL TRAVEL TRENDS FOR FALL/WINTER 2015 P. 25 Interesting trends are shaping up when looking at origination markets: Bogota is taking the lead this holiday season, surpassing even Sao Paulo as an outbound market. One potential explanation: According to the International Monetary Fund, Colombia's economy this year is expected to triple its size from a decade ago, while Colombia's middle class grew by 50% last decade, according to a recent World Bank report. Additionally, bureaucratic hurdles for eager Colombian travelers appear to be gradually lifting. Colombians will no longer need a tourist visa for a total of 43 countries soon, including the 26 European nations in the Schengen Area. Top 5 Originations MEXICO CITY3 1BOGOTA 5LIMA/SANTIAGO 2 SAO PAULO 4 BUENOS AIRES Top 5 Destinations Top 5 Destinations Booked in Q1 Booked in Q2 Booked in Q3 1 Houston Cancun Bogota 2 Cancun Mexico City Madrid 3 Bogota Los Angeles Sao Paulo 4 Galapagos San Jose Lima 5 Mexico City Guadalajara Miami Europe In Europe, the most popular departure dates so far are, in order: December 19, 26 (Boxing Day), 23, 18, 27 and tied for sixth place are December 28 and 24 (Christmas Eve). December 19 is the most popular date to travel across Europe, Asia-Pacific and Latin America, and is the second most popular date to travel in North America. This holiday season, defined as the period starting December 15 and ending on New Year s Eve, European travelers are looking to take longer trips with almost half (49%) searching for trips of 12 days or more. Two-thirds of travelers are looking to enjoy a lengthy trip of eight days or more and almost half of them (48%) are travelling as part of a group of two or more.

26 TRAVEL TRENDS FORECAST: REGIONAL TRAVEL TRENDS FOR FALL/WINTER 2015 P. 26 Trip Duration for Travel during the Holiday Season EUROPE 0-1 2% Party Sizes 52% % 11% 36% % 17% 12% % The top destination for Europeans this holiday season is Bangkok, followed by New York City, London, Paris and Lisbon. New York City has overtaken London this year as the second most popular destination for travelers this winter. Paris has also moved up from sixth position last year to fourth position this year. Lisbon is a new entrant in the top ten this year with Vienna and Amsterdam dropping off the list. Among all the metropolises in Europe, Lisbon has one of the warmest winters on the continent, which could be a reason for its boost in popularity. Travelers searching for winter holidays earlier in the year (Q1 and Q2 2015) were more driven by potential warm weather destinations such as Miami and Tenerife, at positions three and four compared with travelers searching closer to their departure date, who planned trips to cities such as London and Paris. Top 5 Destinations Compared with Previous Year Rank Top 5 Destinations Lookback: 2014 Actuals Year-to-Date Bangkok Bangkok 2 London New York City 3 Berlin London 4 New York City Paris 5 Barcelona Lisbon Year-to-Date 2015 Breakdown by Search/Book Quarter Q1 Q2 Q3 Bangkok Bangkok Bangkok New York City New York City New York City Miami Miami London Tenerife Tenerife Paris Sydney London Lisbon

27 TRAVEL TRENDS FORECAST: REGIONAL TRAVEL TRENDS FOR FALL/WINTER 2015 P. 27 Top 10 Origins Markets MANCHESTER 7 LONDON1 10 AMSTERDAM 5FRANKFURT PARIS2 9 ZURICH MILAN3 8MADRID 6ROME 4MOSCOW The most popular origination market for European travelers this holiday season is London, followed by Paris and Milan. Moscow is surprisingly steadfast on the origination list, considering the state of the ruble and Russia s economic outlook overall, making an appearance at position four. Asia-Pacific Similar to Latin America and Europe, the most popular departure date around the Christmas holiday for Asia-Pacific is December 19. Tied in second place are December 18 and 24 (Christmas Eve). A different pattern than what was seen in Latin America and Europe, neither of which had the day before Christmas rank in their top three departure dates. In third place is December 23. Also different from Latin America and Europe: Christmas Day is a top departure date for Asia-Pacific, coming in fourth place. December 26 came in fifth. Top 10 Origins Markets SEOUL7 3 TOKYO 5 HONG KONG BANGKOK4 1 SINGAPORE 9 BRISBANE PERTH 8 SYDNEY2 MELBOURNE6 10AUCKLAND The overall top countries that Christmas holiday travel in Asia-Pacific is originating from are Singapore, Sydney and Tokyo. In general, Q1 and Q2 searches and bookings had a wider span, with travelers looking to make arrangements in destinations in the United States and Ireland. By Q3, top ten searches and bookings from Asia-Pacific focused in the region with the exception of London still making the ranks.

28 TRAVEL TRENDS FORECAST: REGIONAL TRAVEL TRENDS FOR FALL/WINTER 2015 P. 28 A whopping 68% of Asia-Pacific travelers are looking to travel alone. Forty-six percent of travelers were searching for lengthy trips of 12 days or more. Trip Duration 0-1 2% Party Size 68% 2-3 8% % % 18% 19% 13% OR MORE 46% The top destination for Asia-Pacific travelers this holiday season was Singapore, switching places with Bangkok, which came in first for the 2014 holiday season and comes in at second for London takes third place. In a turn of events, Tokyo took fourth place, which hadn t made Asia-Pacific s 2014 top ten holiday destination list. Hong Kong came in fifth. No destinations in North America made Asia-Pacific s top ten list for 2015 as of October 1, a change from last year s list that had New York City and Los Angeles within its ranks. Seoul and Taipei were new additions to the 2015 top ten list. Top 10 Destinations Rank Final 2014 Year-to-Date Bangkok Singapore 2 Singapore Bangkok 3 Denpasar London 4 Sydney Tokyo 5 Hong Kong Hong Kong 6 Manila Manila 7 New York City Sydney 8 London Denpasar 9 Los Angeles Seoul 10 Auckland Taipei

29 TRAVEL TRENDS FORECAST: REGIONAL TRAVEL TRENDS FOR FALL/WINTER 2015 P. 29 CHINESE/LUNAR NEW YEAR TRAVEL FORECAST The next Lunar New Year begins on February 8, For the purposes of this specific forecast, we divided Asia-Pacific countries into two categories 1 : Grade I - countries that observe Lunar New Year and for whom the holiday is as big or bigger than Christmas in travel importance; and Grade II - countries that celebrate it but to a lesser degree, with either one or no public holidays, and for whom it is of less importance than Christmas. Of those who celebrate and already searched for travel around the Lunar New Year, many are looking to fly either within the week prior to New Year s Day or during the week following it. As of early October 2015, out of the major countries that celebrate Lunar New Year, only Taiwanese travelers show more interest in travel during the holiday than during the Western Christmas and New Year period. Second highest interest level in Lunar New Year travels so far comes from Hong Kong followed by China, then South Korea. The overall top destination for departures between February 4 to 9 from countries celebrating Lunar New Year is Japan, followed by Australia and Thailand. Most destinations researched and booked by travelers are within Asia. Japan and Australia are the only two destination countries to make it into the top ten list of each country that celebrates Lunar New Year, and travel to Australia is a major trend for all countries that observe the holiday. As we get closer to Lunar New Year, other shorter haul destinations are likely to climb the rankings, as was the case in Taiwan is the only country that had five destinations in its top ten outside of Asia. The nature of family ties in Malaysia, Vietnam and Singapore often means that the most popular place to spend the New Year is at home or in a neighboring country with relatives. Top Destination Countries/Regions for Trips with Departures 4-9 February Rank Grade I Overall China Hong Kong Malaysia Singapore South Korea Taiwan Vietnam 1 Japan Australia Japan Malaysia Malaysia Japan Japan Vietnam 2 Australia Singapore Australia Australia China Thailand Australia Thailand 3 Thailand Thailand Thailand Japan Australia Australia 4 Malaysia United States South Korea Thailand Indonesia United States United States Thailand Australia Japan 5 China China Singapore Indonesia Japan Philippines Singapore Singapore 6 United States Japan United States United Kingdom Thailand Taiwan South Korea United States 7 Indonesia Philippines Taiwan Singapore Philippines Singapore China Cambodia 8 Singapore Indonesia Philippines Philippines Hong Kong Vietnam France Malaysia 9 Philippines Taiwan 10 South Korea Malaysia United Kingdom China Vietnam India Spain Italy Philippines South Korea Vietnam Hong Kong Germany Indonesia East Asia South and Southeast Asia Europe Oceania North America 1 Grade I countries: China, Hong Kong, Malaysia, Singapore, South Korea, Taiwan, Vietnam Grade II countries: Indonesia, Philippines, Thailand

30 9 OF 2016 TRAVEL TRENDS FORECAST: REGIONAL TRAVEL TRENDS FOR FALL/WINTER 2015 P. 30 Looking at the main countries observing the holiday combined, 7% of bookings and 17% of research have already been made, a Sojern estimate based on Lunar New Year 2015 actuals. The strength of Lunar New Year in Taiwan is demonstrated by the level of travel searches and bookings already conducted: Taiwan is well ahead with 12% of flight bookings and 40% of research. Share of Research and Bookings Conducted by September 30 40% 11% 17% 12% 15% 10% 14% 12% 12% 13% 14% 6% 7% 5% 6% 5% 6% 6% 4% 6% CHINA HONG KONG VIET NAM MALAYSIA SINGAPORE SOUTH KOREA TAIWAN INDONESIA PHILIPPINES BASED ON 2015 ACTUALS PERCENTAGE OF FLIGHT BOOKINGS PERCENTAGE OF FLIGHT SEARCHES THAILAND Almost two-thirds of booked travel during the Lunar New Year are for trips lasting 4 to 10 days. The amount of travel for over 10 days drops as travelers are more likely to spend a few days with family or visiting family. Most countries will pick up research of Lunar New Year getaways in the coming weeks. Distribution of Trip Durations for Lunar New Year Observing Countries OR MORE WEEK 49 OF OF OF OF OF OF OF OF OF OF OF OF OF 2016 CHRISTMAS & NEW YEAR TRAVELS LUNAR NEW YEAR TRAVELS

31 ANALYSIS OF RECENT TRAVEL TRENDS P. 31

32 APPENDIX P. 32 GLOSSARY Sojern analyzed airline search and travel behavior from July through September 2015 to better understand changing global consumer travel trends. This report reviews Sojern s findings across the globe. Sojern s analysis highlights a number of consumer travel trends, including: Top Searched Destinations: The destinations potential travelers are searching Top Traveled Destinations: The destinations to which travelers are booking Origination Cities: The cities people are traveling from Search Volume: Total number of searches made by travelers Booking Volume: Total number of bookings made by travelers Metro Areas: The urban regions served by designated airport(s), as defined by the respective country's government bureau Trip Type: The reason why people are traveling (business or leisure). Sojern uses an algorithm that analyzes different variables to determine whether a trip is for business or leisure. Trip Duration: The length of a searched or booked trip Search Lead Time: The length of time between a search and departure date Booking Lead Time: The length of time between a booking and departure date Party Size: The number of people traveling on the same reservation Traveler Intent: The intent to travel as defined by search data Last-Minute Booker: A traveler that books a trip with seven days or less to travel Short-Haul Trip: A short-distance trip, usually regional Long-Haul Trip: A long-distance trip, usually inter-regional Event to Travel: Lead time (see search lead time or booking lead time, above)

33 APPENDIX P. 33 REGIONAL COVERAGE Sojern breaks down the world into regions and subregions as shown in the map below. Regions are shown with a colored background and subregions with a white background. EUROPE Western Europe Eastern Europe NORTH AMERICA Caribbean Central America North Africa Middle East Central Asia South Asia East Asia Southeast Asia LATIN AMERICA South America Sub-Saharan Africa ASIA-PACIFIC Oceania AFRICA & MIDDLE EAST METHODOLOGY Sojern s quarterly insights reports are based on the rigorous analysis of more than a billion traveler intent data points, obtained through Sojern s unique partnerships with some of the world s most renowned travel brands. The insights available through this analysis enable brands to deliver the right messages to the right traveler at the right time through display, video, mobile and social advertising. Our analysis is based on airport level data which are then aggregated to countries and regions. All of the insights are based on very specific data sets as provided by Sojern's data partners. Sojern never shares or passes out personally identifiable information (PII) such as names, s, or addresses. The data provided is not a complete view of all global traveler information as different data sources provide additional views of traveler behavior. For more information, please visit sojern.com.

34 P. 34

35 P. 35 SOJERN IN A NUTSHELL 800+ Global Clients 350M Traveler Profiles $1B in Bookings 2.2M Heads in Beds 1.2M Travelers in Seats 13 Locations 2013, 2014 & 2015 Winner of Deloitte Technology Fast 500

36 P. 36 SAN FRANCISCO 118 2nd St., 3rd Floor San Francisco, CA NEW YORK 135 Grand St., 6th floor New York, NY OMAHA 810 S. 169th St. Omaha, NE LONDON 18 Soho Square London, W1D 3QL SINGAPORE #04-01 The Quadrant 19 Cecil Street Singapore, DUBAI 37th Floor, Jumeirah Business Centre 2 Unit JLT, Dubai, UAE

Joint General Assembly APLAC-PAC 2014 June 21-28, Guadalaja, Mexico

Joint General Assembly APLAC-PAC 2014 June 21-28, Guadalaja, Mexico Joint General Assembly APLAC-PAC 2014 June 21-28, Guadalaja, Mexico Suggestions air transportation to Guadalajara, Mexico Below are some suggested connections that can be taken from different countries

More information

A Summary Map to explain your itinerary is absolutely necessary!! Here are some examples of ways to execute it; and some maps are obviously better

A Summary Map to explain your itinerary is absolutely necessary!! Here are some examples of ways to execute it; and some maps are obviously better A Summary Map to explain your itinerary is absolutely necessary!! Here are some examples of ways to execute it; and some maps are obviously better than others; some are very difficult to follow the order

More information

T&E. Where Business Travelers Spend Money

T&E. Where Business Travelers Spend Money T&E Where Business Travelers Spend Money Contents Introduction 3 Key Findings 4 Top Expensive Cities for Business Travel 5 International 5 U.S. 5 Top 10 Spend Categories 6 International 6 U.S. 7 Most Visited

More information

INTERNATIONAL MBA IE BUSINESS SCHOOL

INTERNATIONAL MBA IE BUSINESS SCHOOL INTERNATIONAL MBA IE BUSINESS SCHOOL CAREER REPORT 2014 2013-2014 GRADUATES www.ie.edu/international-mba INTERNATIONAL MBA CAREER REPORT 2013-2014 GRADUATES CONTENTS I. Facts and Trends II. Profile of

More information

Global Real Estate Outlook

Global Real Estate Outlook Global Real Estate Outlook August 2014 The Hierarchy of Economic Performance, 2014-2015 China Indonesia India Poland South Korea Turkey Australia Mexico United Kingdom Sweden United States Canada South

More information

WORLD. Geographic Trend Report for GMAT Examinees

WORLD. Geographic Trend Report for GMAT Examinees 2011 WORLD Geographic Trend Report for GMAT Examinees WORLD Geographic Trend Report for GMAT Examinees The World Geographic Trend Report for GMAT Examinees identifies mobility trends among GMAT examinees

More information

Hotel, Tourism and Leisure. Asia Pacific Quarterly Update Volume 3 Spotlight: Malaysia

Hotel, Tourism and Leisure. Asia Pacific Quarterly Update Volume 3 Spotlight: Malaysia Hotel, Tourism and Leisure Asia Pacific Quarterly Update Volume 3 Spotlight: Malaysia ASIA PACIFIC HOTEL REVIEW HOTEL OPENING BY COUNTRY HOTEL OPENINGS Total hotel openings by international hotel management

More information

The World s Most Competitive Cities. A Global Investor s Perspective on True City Competitiveness

The World s Most Competitive Cities. A Global Investor s Perspective on True City Competitiveness The World s Most Competitive Cities A Global Investor s Perspective on True City Competitiveness A report by Site Selection magazine in cooperation with IBM Global Business Services The World s Most Competitive

More information

The big pay turnaround: Eurozone recovering, emerging markets falter in 2015

The big pay turnaround: Eurozone recovering, emerging markets falter in 2015 The big pay turnaround: Eurozone recovering, emerging markets falter in 2015 Global salary rises up compared to last year But workers in key emerging markets will experience real wage cuts Increase in

More information

Denied Boarding Eligibility

Denied Boarding Eligibility Option 1 Denied Boarding Compensation voucher may be used for a single Emirates operated two sector return journey between Dubai and the adjoining list of cities. (OR) Between Australia & New Zealand or

More information

Japan 94% of parents think that their children s safety has improved since moving. China is home to the highest earning expats in the world

Japan 94% of parents think that their children s safety has improved since moving. China is home to the highest earning expats in the world Explorer Survey 2014 - life worldwide Canada is the most popular destination for retired expats UK expats spend more time socialising with locals than with other expats Switzerland comes top as an all-round

More information

FINANCIAL AID. www.ie.edu/financial-aid

FINANCIAL AID. www.ie.edu/financial-aid FINANCIAL AID www.ie.edu/financial-aid 2 3 WELCOME TO IE The IE Financial Aid office appreciates the opportunity to assist all applicants putting together the best financial plan possible to cover the

More information

2015 Growth in data center employment continues but the workforce is changing

2015 Growth in data center employment continues but the workforce is changing Published in Conjunction with MARKET BRIEFING GLOBAL DATA CENTER EMPLOYMENT 2015 2015 Growth in data center employment continues but the workforce is changing Globally, the number of people working in

More information

U.S. Trade Overview, 2013

U.S. Trade Overview, 2013 U.S. Trade Overview, 213 Stephanie Han & Natalie Soroka Trade and Economic Analysis Industry and Analysis Department of Commerce International Trade Administration October 214 Trade: A Vital Part of the

More information

Airline Partner Award Redemption Structure

Airline Partner Award Redemption Structure JPMiles required for redemption on our partner airlines will be revised for all award flight bookings received on or after 1st April 2016. As part of these changes, we have simplified the Zone structure

More information

Appendix 1: Full Country Rankings

Appendix 1: Full Country Rankings Appendix 1: Full Country Rankings Below please find the complete rankings of all 75 markets considered in the analysis. Rankings are broken into overall rankings and subsector rankings. Overall Renewable

More information

GLOBAL DATA CENTER INVESTMENT 2013

GLOBAL DATA CENTER INVESTMENT 2013 2013 CENSUS REPORT: Global Data Center Investment 2013 GLOBAL DATA CENTER INVESTMENT 2013 2013 - Healthy Growth in Data Center Investment Globally Globally, the data center industry has continued to maintain

More information

Global Media Report. Global Industry Overview

Global Media Report. Global Industry Overview Global Media Report 203 Global Industry Overview McKinsey & Company Global Media Report 203 McKinsey & Company s Global Media and Entertainment Practice Never before has an integrated view across the media

More information

List of tables. I. World Trade Developments

List of tables. I. World Trade Developments List of tables I. World Trade Developments 1. Overview Table I.1 Growth in the volume of world merchandise exports and production, 2010-2014 39 Table I.2 Growth in the volume of world merchandise trade

More information

The Role of Banks in Global Mergers and Acquisitions by James R. Barth, Triphon Phumiwasana, and Keven Yost *

The Role of Banks in Global Mergers and Acquisitions by James R. Barth, Triphon Phumiwasana, and Keven Yost * The Role of Banks in Global Mergers and Acquisitions by James R. Barth, Triphon Phumiwasana, and Keven Yost * There has been substantial consolidation among firms in many industries in countries around

More information

Denied Boarding Eligibility

Denied Boarding Eligibility Option 1 Denied Boarding Compensation voucher may be used for a single Emirates operated two sector return journey between Dubai and the adjoining list of cities. (OR) Between Australia & New Zealand or

More information

February 2012, Markör Marknad & Kommunikation AB

February 2012, Markör Marknad & Kommunikation AB Swedavia Travel survey: Stockholm Arlanda Airport 2011 February 2012, Markör Marknad & Kommunikation AB Markör Örebro Markör Stockholm Box 396, 701 47 Örebro Box 921 39, 102 08 Stockholm Tel: 019-16 16

More information

at the pace of business Leadership development In-house programs available! The Leadership Express Series Ottawa, ON

at the pace of business Leadership development In-house programs available! The Leadership Express Series Ottawa, ON Africa Cape Town Johannesburg Pretoria Asia Bangkok Beijing Ho Chi Minh City Hong Kong Jakarta Kuala Lumpur Mumbai New Delhi Seoul Shanghai Shenzhen Singapore Tokyo Europe Amsterdam Athens Barcelona Berlin

More information

NET INTERNATIONAL MIGRATION

NET INTERNATIONAL MIGRATION II. NET INTERNATIONAL MIGRATION A. GLOBAL TRENDS During the period 195-21, the developed regions experienced population gains from positive net international migration while the developing regions were

More information

Long-term macroeconomic forecasts Key trends to 2050

Long-term macroeconomic forecasts Key trends to 2050 A special report from The Economist Intelligence Unit www.eiu.com Contents Overview 2 Top ten economies in 5 at market exchange rates 3 The rise of Asia continues 4 Global dominance of the top three economies

More information

Consumer Credit Worldwide at year end 2012

Consumer Credit Worldwide at year end 2012 Consumer Credit Worldwide at year end 2012 Introduction For the fifth consecutive year, Crédit Agricole Consumer Finance has published the Consumer Credit Overview, its yearly report on the international

More information

IE Business School s. www.ie.edu/mbas

IE Business School s. www.ie.edu/mbas IE Business School s s www.ie.edu/mbas WHY AN MBA AT IE BUSINESS SCHOOL? Recognized as one of the world s top business schools by international rankings, IE Business School offers a number of renowned

More information

Global Effective Tax Rates

Global Effective Tax Rates www.pwc.com/us/nes Global s Global s April 14, 2011 This document has been prepared pursuant to an engagement between PwC and its Client. As to all other parties, it is for general information purposes

More information

I. World trade developments

I. World trade developments I. World trade developments The value of world merchandise exports increased by 20 per cent in 2011 while exports of commercial services grew by 11 per cent. Key developments in 2011: a snapshot Trade

More information

P R E S S R E L E A S E

P R E S S R E L E A S E P R E S S R E L E A S E Contact: Robert McGrath 212.984.8267 robert.mcgrath@cbre.com Corey Mirman 212.984.6542 corey.mirman@cbre.com LONDON IS WORLD S MOST EXPENSIVE OFFICE MARKET FOR SECOND STRAIGHT YEAR

More information

Triple-play subscriptions to rocket to 400 mil.

Triple-play subscriptions to rocket to 400 mil. Triple-play criptions to rocket to 400 mil. Global triple-play criptions will reach 400 million by 2017; up by nearly 300 million on the end-2011 total and up by 380 million on the 2007 total, according

More information

Fact sheet DTZ Fair Value Index TM methodology

Fact sheet DTZ Fair Value Index TM methodology Fact sheet DTZ Fair Value Index TM methodology DTZ Fair Value Index TM launched to measure investor opportunity in world s commercial property markets First ever forward-looking commercial property value

More information

Bank of America Merrill Lynch Banking & Financial Services Conference

Bank of America Merrill Lynch Banking & Financial Services Conference Bank of America Merrill Lynch Banking & Financial Services Conference Manuel Medina Mora Chairman of the Global Consumer Banking Council November 17, 2010 Consumer Banking in Citicorp Agenda Our Business

More information

Synopsis: In the first September TripCase product release there will be several big updates.

Synopsis: In the first September TripCase product release there will be several big updates. TripCase Document Delivery 15.09 Implementation: 10 nd Sep2015 SIN time Synopsis: In the first September TripCase product release there will be several big updates. 1) Frontline agents will have access

More information

NORGES BANK INVESTMENT MANAGEMENT NIRI SAN FRANCISCO CHAPTER PRESENTATION TUESDAY 13TH MAY 2014 SPEAKER: HUGO SANDERS- HEAD OF CORPORATE ACCESS

NORGES BANK INVESTMENT MANAGEMENT NIRI SAN FRANCISCO CHAPTER PRESENTATION TUESDAY 13TH MAY 2014 SPEAKER: HUGO SANDERS- HEAD OF CORPORATE ACCESS NORGES BANK INVESTMENT MANAGEMENT NIRI SAN FRANCISCO CHAPTER PRESENTATION TUESDAY 13TH MAY 2014 SPEAKER: HUGO SANDERS- HEAD OF CORPORATE ACCESS Safeguarding financial wealth From natural resource to financial

More information

Marketing Amenity Program

Marketing Amenity Program Marketing Amenity Program Map your sales success for 2014-2015 Regent Seven Seas Cruises Marketing Amenity Program (MAP) for 2014-2015 combines the flexibility of attractive amenities for your preferred

More information

2004-2008. Geographic Trend Report for GMAT Examinees

2004-2008. Geographic Trend Report for GMAT Examinees 2004-2008 Geographic Trend Report for GMAT Examinees Geographic Trend Report for GMAT Examinees This Asian Geographic Trend Report for GMAT Examinees identifies migratory trends among GMAT examinees applying

More information

Open Doors 2013. Report on International Educational Exchange. Produced by the Institute of International Education. In partnership with the

Open Doors 2013. Report on International Educational Exchange. Produced by the Institute of International Education. In partnership with the Open Doors 2013 Report on International Educational Exchange Produced by the Institute of International Education In partnership with the Bureau of Educational and Cultural Affairs U.S. Department of State

More information

Dow Jones Titans Indices Methodology

Dow Jones Titans Indices Methodology Dow Jones Titans Indices Methodology March 2014 S&P Dow Jones Indices: Index Methodology Table of Contents Introduction 4 Highlights and Index Family 4 Eligibility Criteria and Index Construction 7 Dow

More information

BAGGAGE ALLOWANCE AND EXCESS BAGGAGE CHARGE FOR TICKETS ISSUED FROM APRIL 1, 2016

BAGGAGE ALLOWANCE AND EXCESS BAGGAGE CHARGE FOR TICKETS ISSUED FROM APRIL 1, 2016 BAGGAGE ALLOWANCE AND EXCESS BAGGAGE CHARGE FOR TICKETS ISSUED FROM APRIL 1, 2016 In the "excess baggage charge" column the values are in: EUR (from Europe, Eastern Europe, Japan, Korea and China), CAD

More information

Dow Jones Titans Indices Methodology

Dow Jones Titans Indices Methodology Dow Jones Titans Indices Methodology S&P Dow Jones Indices: Index Methodology May 2016 Table of Contents Introduction 3 Highlights and Index Family 3 Eligibility Criteria and Index Construction 5 Dow Jones

More information

The Data Center of the Future: Creating New Jobs in Europe

The Data Center of the Future: Creating New Jobs in Europe The Data Center of the Future: Creating New Jobs in Europe New data centers will create hundreds of thousands of new jobs for Europe by 2020. But there is work to be done to capture this opportunity fully.

More information

Kazakhstan Azerbaijan. 12 April 2016 14 April 2016

Kazakhstan Azerbaijan. 12 April 2016 14 April 2016 Kazakhstan Azerbaijan 12 April 2016 14 April 2016 B2B Luxury & MICE Workshop WHAT IS IT? B2B Luxury & MICE workshop provides you a unique opportunity to meet with the top-tier local buyers from Azerbaijan

More information

Industry Service Line 9 ABeam Consulting has developed a proprietary network utilizing the strengths of being Asia based. We provide service that fits the local conditions to clients in every region and

More information

Digital Infrastructure and Economic Development. An Impact Assessment of Facebook s Data Center in Northern Sweden executive summary

Digital Infrastructure and Economic Development. An Impact Assessment of Facebook s Data Center in Northern Sweden executive summary Digital Infrastructure and Economic Development An Impact Assessment of Facebook s Data Center in Northern Sweden executive summary The Boston Consulting Group (BCG) is a global management consulting firm

More information

International Education in the Comox Valley: Current and Potential Economic Impacts

International Education in the Comox Valley: Current and Potential Economic Impacts International Education in the Comox Valley: Current and Potential Economic Impacts FINAL REPORT March 2012 Prepared by: Vann Struth Consulting Group Inc. Vancouver, BC www.vannstruth.com Prepared for:

More information

01/ 02/ 03/ 04/ 05/ Beyond borders Deloitte Discovery April 23 rd 2015 Cyprus 1 Going beyond borders to move our clients ahead Deloitte Discovery Services - Deloitte Legal 2 The Deloitte

More information

World Consumer Income and Expenditure Patterns

World Consumer Income and Expenditure Patterns World Consumer Income and Expenditure Patterns 2014 14th edi tion Euromonitor International Ltd. 60-61 Britton Street, EC1M 5UX TableTypeID: 30010; ITtableID: 22914 Income Algeria Income Algeria Income

More information

Opportunities for Action in Consumer Markets. To Spend or Not to Spend: A New Approach to Advertising and Promotions

Opportunities for Action in Consumer Markets. To Spend or Not to Spend: A New Approach to Advertising and Promotions Opportunities for Action in Consumer Markets To Spend or Not to Spend: A New Approach to Advertising and Promotions To Spend or Not to Spend: A New Approach to Advertising and Promotions Trying to outshout

More information

A Nielsen Report Global Trust in Advertising and Brand Messages. April 2012

A Nielsen Report Global Trust in Advertising and Brand Messages. April 2012 A Nielsen Report Global Trust in Advertising and Brand Messages April 2012 CONSUMER TRUST IN EARNED ADVERTISING GROWS IN IMPORTANCE Earned media sources remain most credible Trust in traditional paid advertising

More information

seeing the whole picture HAY GROUP JOB EVALUATION MANAGER

seeing the whole picture HAY GROUP JOB EVALUATION MANAGER seeing the whole picture SM HAY GROUP JOB EVALUATION MANAGER for organizations of any size, job evaluation can be a complex task. hay group job evaluation manager sm (jem) builds hay group s class-leading

More information

Open Doors 2011 Report on International Educational Exchange

Open Doors 2011 Report on International Educational Exchange Open Doors 2011 Report on International Educational Exchange Produced by the Institute of International Education with support from the Bureau of Educational and Cultural Affairs of the U.S. Department

More information

Gruppo Intesa Network

Gruppo Intesa Network Gruppo Intesa Network Branches in Italy broken down by Bank and by Region (Up-dated as at December 2000) Ambroveneto (1) Cariplo BCI Carime (2) FriulAdria Cariparma Other Group banks (3) Piemonte 37 85

More information

Carnegie Mellon University Office of International Education Admissions Statistics for Summer and Fall 2013

Carnegie Mellon University Office of International Education Admissions Statistics for Summer and Fall 2013 Carnegie Mellon University Admissions Statistics for and Fall 2013 New International Students and Fall 2012 Undergraduate 270 14.3% Master's 1301 68.7% Doctorate 192 10.1% Exchange 99 5.2% 31 1.6% Total

More information

Global Expatriates: Size, Segmentation and Forecast for the Worldwide Market

Global Expatriates: Size, Segmentation and Forecast for the Worldwide Market Global Expatriates: Size, Segmentation and Forecast for the Worldwide Market Report Prospectus January 2014 Finaccord Ltd., 2014 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents

More information

Regional Strategies 82/90

Regional Strategies 82/90 Regional Strategies 82/90 Global Operations NTT Com Group has subsidiaries and offices in 85 cities in 30 countries/regions except Japan, which connect networks to more than 150 countries around the world.

More information

Member Firm Overview. Protiviti 1

Member Firm Overview. Protiviti 1 Member Firm Overview Protiviti 1 Protiviti Independence, Integrity and Professionalism Protiviti is a global business consulting and internal audit firm composed of experts specializing in risk, advisory

More information

Indian E-Retail Congress 2013

Indian E-Retail Congress 2013 The Retail Track The Omni Channel Retail Supply Chain Indian E-Retail Congress 2013 Subhendu Roy Principal Consumer Industries and Retail Practice 15 February, 2013 Disclaimer This document is exclusively

More information

Argentina s Economy: A death foretold again, or a surprise rescue? Claudio M. Loser Centennial- Latin America March 2014

Argentina s Economy: A death foretold again, or a surprise rescue? Claudio M. Loser Centennial- Latin America March 2014 Argentina s Economy: A death foretold again, or a surprise rescue? Claudio M. Loser Centennial- Latin America March 214 Argentine performance tended to be ahead the world and even the Emerging Economies

More information

Coaching Executives: Building Emotional Intelligence

Coaching Executives: Building Emotional Intelligence IMPACT STORY Coaching Executives: Building Emotional Intelligence How a Global Airline Developed Emotionally Intelligent Leaders via an Integrated Coaching Solution The Challenge The Columbia Leadership

More information

Ambit Asset/ Ambit BancWare Focus ALM

Ambit Asset/ Ambit BancWare Focus ALM Ambit Asset/ Liability Management Ambit BancWare Focus ALM Better information and analysis means better decisions. Managing the risk on the balance sheet today requires diligence and flexible, scalable

More information

Global leader in hospitality consulting. Shanghai Hotel Market Sentiment Survey

Global leader in hospitality consulting. Shanghai Hotel Market Sentiment Survey Global leader in hospitality consulting Shanghai Hotel Market Sentiment Survey March 2015 Horwath HTL Shanghai Hotel Market Sentiment Survey March 2015 INTRO DUCTIO N SHANGHAI V.S. CHINA SENTIMENT TRENDS

More information

Sulfuric Acid 2013 World Market Outlook and Forecast up to 2017

Sulfuric Acid 2013 World Market Outlook and Forecast up to 2017 Brochure More information from http://www.researchandmarkets.com/reports/2547547/ Sulfuric Acid 2013 World Market Outlook and Forecast up to 2017 Description: Sulfuric Acid 2013 World Market Outlook and

More information

Connect the Leading Global Financial Centres by Ultra Low Latency Network

Connect the Leading Global Financial Centres by Ultra Low Latency Network Connect the Leading Global Financial Centres by Ultra Low Latency Network China Telecom Global Ltd. 21 March 2013 Every millisecond counts Time is money & every millisecond counts! Network latency demands

More information

CMMI for SCAMPI SM Class A Appraisal Results 2011 End-Year Update

CMMI for SCAMPI SM Class A Appraisal Results 2011 End-Year Update CMMI for SCAMPI SM Class A 2011 End-Year Update Software Engineering Institute Carnegie Mellon University Pittsburgh, PA 15213 1 Outline Introduction Current Status Community Trends Organizational Trends

More information

World City Millionaire Rankings. May 2013

World City Millionaire Rankings. May 2013 World City Millionaire Rankings May 2013 WealthInsight Publication date: May, 2013 About WealthInsight The WealthInsight Intelligence Center Database is an unparalleled resource and the leading resource

More information

SEIZING THE OPPORTUNITY IN INTERNATIONAL MARKETS

SEIZING THE OPPORTUNITY IN INTERNATIONAL MARKETS WHITE PAPER SEIZING THE OPPORTUNITY IN INTERNATIONAL MARKETS A practical guide to choosing the right s and languages 2014 Lionbridge INTRODUCTION If your app for Windows Phone is doing well at home, now

More information

Fall 2015 International Student Enrollment

Fall 2015 International Student Enrollment Fall 2015 International Student Enrollment Prepared by The Office of International Affairs Nova Southeastern University Nova Southeastern University International Student Statistics Fall 2015 International

More information

PREPARING FOR TAKEOFF: AIR TRAVEL OUTLOOK FOR 2016 Mining 2015 data to understand when to buy, expected ticket prices, and fare differentials

PREPARING FOR TAKEOFF: AIR TRAVEL OUTLOOK FOR 2016 Mining 2015 data to understand when to buy, expected ticket prices, and fare differentials PREPARING FOR TAKEOFF: AIR TRAVEL OUTLOOK FOR 2016 Mining 2015 data to understand when to buy, expected ticket prices, and fare differentials It s a good time to explore the world by plane. Across the

More information

Chart 1: Zambia's Major Trading Partners (Exports + Imports) Q4 2008 - Q4 2009. Switzernd RSA Congo DR China UAE Kuwait UK Zimbabwe India Egypt Other

Chart 1: Zambia's Major Trading Partners (Exports + Imports) Q4 2008 - Q4 2009. Switzernd RSA Congo DR China UAE Kuwait UK Zimbabwe India Egypt Other Bank of Zambia us $ Million 1. INTRODUCTION This report shows Zambia s direction of merchandise trade for the fourth quarter of 2009 compared with the corresponding quarter in 2008. Revised 1 statistics,

More information

3rd Party Audited Cloud Infrastructure SOC 1, Type II SOC 2, Type II ISO 27001. Annual 3rd party application Pen Tests.

3rd Party Audited Cloud Infrastructure SOC 1, Type II SOC 2, Type II ISO 27001. Annual 3rd party application Pen Tests. THE BRIGHTIDEA CLOUD INFRASTRUCTURE INTRODUCTION Brightidea s world-class cloud infrastructure is designed and certified to handle the most stringent security, reliability, scalability, and performance

More information

THINK Global: Risk and return

THINK Global: Risk and return Changing context of real estate returns in a globalised world Data generating art This document is solely for the use of professionals and is not for general public distribution. Using data from Fig.1

More information

Chicago s Business Climate

Chicago s Business Climate Chicago s Business Climate Home to an unrivaled economy, workforce, and quality of life, Chicago is a thriving metropolis, yet a tight-knit community for business and residents. The city s dynamic character

More information

Foreign Taxes Paid and Foreign Source Income INTECH Global Income Managed Volatility Fund

Foreign Taxes Paid and Foreign Source Income INTECH Global Income Managed Volatility Fund Income INTECH Global Income Managed Volatility Fund Australia 0.0066 0.0375 Austria 0.0045 0.0014 Belgium 0.0461 0.0138 Bermuda 0.0000 0.0059 Canada 0.0919 0.0275 Cayman Islands 0.0000 0.0044 China 0.0000

More information

Accredited TOGAF 9 and ArchiMate 2 Training Course Calendar February 2016 onwards

Accredited TOGAF 9 and ArchiMate 2 Training Course Calendar February 2016 onwards Course Start Date Training Provider Training Course Name Type Course Location Duration Exam Status URL Contact Email Contact Telephone 2016-02-01 2016-02-01 EA Principals, Inc. TOGAF 9 Foundation and Certified

More information

The face of consistent global performance

The face of consistent global performance Building safety & security global simplified accounts The face of consistent global performance Delivering enterprise-wide safety and security solutions. With more than 500 offices worldwide Johnson Controls

More information

U.S. Trading Companies, 2012

U.S. Trading Companies, 2012 U.S. Trading Companies, 2012 Natalie Soroka Trade and Economic Analysis Industry and Analysis Department of Commerce International Trade Administration November 2014 U.S. Trading Companies: 2012 Highlights

More information

Global Dynamism Index (GDI) 2013 summary report. Model developed by the Economist Intelligence Unit (EIU)

Global Dynamism Index (GDI) 2013 summary report. Model developed by the Economist Intelligence Unit (EIU) Global Dynamism Index (GDI) 2013 summary report Model developed by the Economist Intelligence Unit (EIU) What is the Global Dynamism Index (GDI)? the GDI assesses the dynamism of 60 of the world's largest

More information

Digital vs Traditional Media Consumption

Digital vs Traditional Media Consumption Digital vs Traditional Media Consumption Summary Comparing time spent on traditional and digital media at a global level as well as analyzing behaviors between countries and across the age groups GWI Q3

More information

The Affordable Care Act s Employer Mandate: Guidance for Educational Organizations

The Affordable Care Act s Employer Mandate: Guidance for Educational Organizations March 4, 2014 Practice Group(s): Employee Benefits Benefits, ESOPs, and Executive Compensation The Affordable Care Act s Employer Mandate: Guidance for Educational By Lynne Shore Wakefield and Emily D.

More information

Low-Cost Airlines: The Changing Demographics of Travel

Low-Cost Airlines: The Changing Demographics of Travel Measuring the digital world. TM Low-Cost Airlines: The Changing Demographics of Global Trends with a Focus on Asia Pacific April 2011 FOR FURTHER INFORMATION, PLEASE CONTACT: Joe Nguyen comscore, Inc.

More information

Global Network Access International Access Rates

Global Network Access International Access Rates Global Network Access International Access Rates We know that you need to communicate with your partners, colleagues and customers around the world. We make every effort to understand the difficulties

More information

Jobs Trends & Demand for Business School in China & Hong Kong 2012

Jobs Trends & Demand for Business School in China & Hong Kong 2012 Jobs Trends & Demand for Business School in China & Hong Kong 2012 This Data-to-Go report highlights 2012 hiring outcomes for MBA and graduate management degree holders in mainland China and Hong Kong

More information

YTD 2015-27 CS AWARDS IN AMERICAS

YTD 2015-27 CS AWARDS IN AMERICAS YTD 2015-27 CS AWARDS IN AMERICAS Argentina Bolivia Brazil Frontline Customer Service Team of the Year, All Industries (Bronze) Customer Service Department of the Year, Airlines, Distribution & Transportation

More information

Accredited TOGAF 9, ArchiMate 2 and IT4IT Training Course Calendar June 2016 onwards

Accredited TOGAF 9, ArchiMate 2 and IT4IT Training Course Calendar June 2016 onwards Course Start Date Training Provider Training Course Name Type Course Location Duration Exam Status URL Contact Email Contact Telephone 2016-07-01 2016-07-01 Conexiam TOGAF 9 Training Course TOGAF 9 Combined

More information

REVIEW AND ANALYSIS OF INTERNET TRAFFIC AND ITS IMPLICATIONS ON THE ROOT NAME SERVER ARCHITECTURE

REVIEW AND ANALYSIS OF INTERNET TRAFFIC AND ITS IMPLICATIONS ON THE ROOT NAME SERVER ARCHITECTURE REVIEW AND ANALYSIS OF INTERNET TRAFFIC AND ITS IMPLICATIONS ON THE ROOT NAME SERVER ARCHITECTURE Rami Khasawneh, Interim Dean, College of Business, Lewis University, khasawra@lewisu.edu Eveann Lovero,

More information

2015 City RepTrak The World s Most Reputable Cities

2015 City RepTrak The World s Most Reputable Cities REPUTATION LEADERS NETWORK 2015 City RepTrak The World s Most Reputable Cities The World s View on Cities: An Online Study of the Reputation of 100 Cities RepTrak is a registered trademark of Reputation

More information

2013 GLOBAL PERFORMANCE MANAGEMENT SURVEY REPORT

2013 GLOBAL PERFORMANCE MANAGEMENT SURVEY REPORT 2013 GLOBAL PERFORMANCE MANAGEMENT SURVEY REPORT Executive Summary contents Overview Key Findings: Critical Drivers of Performance Management Success Industry Insights Regional and Country Insights Participant

More information

GLOBAL RETAIL TRENDS IMPLICATIONS FOR COMMERCIAL REAL ESTATE

GLOBAL RETAIL TRENDS IMPLICATIONS FOR COMMERCIAL REAL ESTATE GLOBAL RETAIL TRENDS IMPLICATIONS FOR COMMERCIAL REAL ESTATE Q2 2013 GLOBAL ECONOMY 2013: Steady Relative to 2012 1.7% CANADA 1.6% U.S. 2.9% MEXICO 1.1% UK -0.5% FRANCE -1.8% SPAIN 0.5% GERMANY -2.0% ITALY

More information

www.pwc.co.uk/economics Global wage projections to 2030 September 2013

www.pwc.co.uk/economics Global wage projections to 2030 September 2013 www.pwc.co.uk/economics Global wage projections to 2030 Summary: Wage gap between emerging and advanced economies will shrink significantly by 2030 By 2030, our projections in this report suggest that

More information

Concur Expense IQ Report 2013

Concur Expense IQ Report 2013 IQ Concur Expense IQ Report 2013 e Over $ 50 billion where did it all go? Expense IQ : 2013 2 The Expense IQ report provides insight into the evolution of travel and expense on both global and regional

More information

Employee Mobility Survey

Employee Mobility Survey Employee Mobility Survey Employees in 24 Countries Assess Employee Mobility for a Total Global Perspective January 2013 Canadian Employee Relocation Council Executive Summary Executive Summary Thank you

More information

Australian Outbound Student Mobility Snapshot

Australian Outbound Student Mobility Snapshot Australian Outbound Student Mobility Snapshot Executive Summary One in eight Australian undergraduates studies overseas: 12.3% of completing Australian undergraduates in Australian universities undertake

More information

Market Highlights Miami

Market Highlights Miami Market Highlights Miami Highest Number of Sales In Miami s 93 Year History 2011 2012 2013 Could be another! April News Headlines: Miami Condo Sales Spiked 18.7% with Luxury Properties Leading the Pack

More information

Purchasing Managers Index (PMI ) series are monthly economic surveys of carefully selected companies compiled by Markit.

Purchasing Managers Index (PMI ) series are monthly economic surveys of carefully selected companies compiled by Markit. PMI Purchasing Managers Index (PMI ) series are monthly economic surveys of carefully selected companies compiled by Markit. They provide an advance signal of what is really happening in the private sector

More information

The Impact of The European Crisis on Travel To and From Europe and China & Asia-Pacific

The Impact of The European Crisis on Travel To and From Europe and China & Asia-Pacific The Impact of The European Crisis on Travel To and From Europe and China & Asia-Pacific A Report by Research For Travel Ltd July 2012 Research For Travel Ltd The Impact of The European Crisis on Travel

More information

What is driving Australians' travel choices?

What is driving Australians' travel choices? What is driving Australians' travel choices? What is driving Australians' travel choices? ISBN 978-1-921812-45-3 Tourism Research Australia Department of Resources, Energy and Tourism GPO Box 1564 Canberra

More information

GLOBAL TOURISM - Geography Explained Fact Sheet

GLOBAL TOURISM - Geography Explained Fact Sheet Billion (US$) GLOBAL TOURISM - Geography Explained Fact Sheet Introduction With almost all the leading tourist destination countries having reported their international tourism receipts for 2006, the WTO

More information

GLOBAL B2C E-COMMERCE MARKET 2014. October 2014

GLOBAL B2C E-COMMERCE MARKET 2014. October 2014 GLOBAL B2C E-COMMERCE MARKET 2014 October 2014 General Information Product Details Language: English Format: PDF & Power Point Number of Pages/Charts: 1051 Covered Countries/Regions: Global, North America,

More information

INDEXES INDEX DEFINITIONS. Index Marketing. February 2015

INDEXES INDEX DEFINITIONS. Index Marketing. February 2015 INDEXES INDEX DEFINITIONS Index Marketing February 2015 FEBRUARY 2015 CONTENTS MSCI Regional Equity Indexes... 3 MSCI Index Variants... 7 Definition of Terms for MSCI Indexes... 9 MSCI.COM PAGE 2 OF 12

More information