The outbreak of COVID-19 will have a negative impact on car rental in 2020 overall. Current value sales are expected to plummet in response to the national lockdown that was implemented in Ecuador in March. Although car rental was not popular amongst foreign tourists, it was a high demand for locals and particularly domestic tourism. Ecuadorians would typically rent a car and use it to travel between provinces for holidays or road trips. Nonetheless, due to the national travel bans…

Car rental sales slowed during the height of the pandemic’s first wave in Colombia, with many companies suffering from the lack of inbound arrivals. However, trade interviews indicate high levels of optimism within the sector and players are counting on a return to pre-pandemic levels by 2022.

Euromonitor International's Car Rental (Destination) in Colombia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size…

Border closures and other travel restrictions were introduced in the early months of 2020 as a result of the onset of the COVID-19 virus. The abrupt actions created confusion amongst travellers and visitors in South Africa as well amongst South Africans visiting other countries. With many travellers left stranded, on 31 March the South African government initiated a repatriation process, sending non-citizens back to their home countries while allowing South African citizens and individuals…

Despite strong growth in the tourism industry in 2019 and the first quarter of 2020, the efforts of the Saudi government and the General Authority of Entertainment and Ministry of tourism have come to a standstill, with the pandemic halting tourism in Saudi Arabia just like in the rest of the world. From the start of April, lockdown was in place across all of Saudi Arabia, with curfews imposed in all key cities and tourist facilities closed. This led to a steep drop in demand for the tourism…

Pre-pandemic Israel enjoyed rising rates of inbound arrivals thanks to a flurry of targeted promotional campaigns, increased available routes from more countries and overall improved security, though domestic tourism had remained fairly stagnant. However, the outbreak of COVID-19 in 2020 has tumbled tourism’s progress and led to steep declines in inbound arrivals and outbound departures. Closed borders have meant cancelled flights while hotels shut their doors and attractions ceased…

Asia Pacific is the fastest growing region for surface care globally. Given the large consumer base and low per capita spending, there is huge potential. Various positive factors will enable increased usage and sales. These include increased product availability and growing consumer inclination to spend on home care, especially in emerging markets. Growing hygiene concerns – never less important than now, given the Coronavirus (COVID-19) pandemic – are also accelerating demand.…

Home seclusion trends during the 2020 pandemic, along with reduced purchasing power have favoured sales of larger size formats such as family value packs in a number of categories, with families preparing and consuming all their meals at home for several months. The lower-cost solutions offered by such large pack sizes have proved popular not only in packaged food and drink, but also in home care and beauty and personal care. In bath and shower, and in hair care, products are often shared by…

After several years of steady growth, value sales of travel intermediaries are experiencing a deep dip in 2020 as a result of the impact of the COVID-19 virus and the number of restrictions imposed to halt its spread, including the wide range of restrictions on travel and tourism. As prospective travellers stay closer to home due to measures meant to help them avoid becoming infected or spreading the virus, intermediaries’ corporate business value sales and leisure value sales—both online…

Online travel intermediaries saw their revenue drop steeply in 2020 as they, along with the rest of the tourism industry, felt the effects of strict travel restrictions and the low tourist flows. With flights grounded and a nationwide lockdown dampening domestic tourist flows, online travel intermediaries in Saudi Arabia have seen a significant decline in bookings. Equally, travel intermediaries relying solely on religious tourism have faced huge losses due to the cancellation of Hajj for…

Both inbound arrivals and outbound departures have dropped dramatically in 2020 as global measures to contain the spread of COVID-19 continue to disrupt cross-border travel. The tourist industry has thus been hammered by the virus and operators in all categories are facing bankruptcies and job losses as numbers begin to resurge. The impact of coronavirus has so far been substantially more severe than the outbreak of SARS in 2003 and MERS in 2015, both of which negatively affected South…

Tourism flows will be drastically affected by the COVID-19 outbreak in 2020 overall, with a significant decrease in the number of trips. As Peru is eminently a touristic country, it has seen significant damage as a result of the global travel bans and restrictions. Peru entered lockdown from 16 March 2020, meaning all borders were closed and travel to and from other countries was prohibited, unless crucial. Consequently, inbound arrivals have been plummeting dramatically since March. Tourism…

Global Tourism Flows Market Competition, Opportunities and Challenges 2020-2026Norway has experienced a precipitous decline in inbound arrivals since the government imposed a raft of travel restrictions to curb the spread of COVID-19 in mid-March 2020. The country’s borders were completely closed to non-residents until May, when some EEA citizens – such as family members of residents – were allowed to enter. Entry has been permitted for citizens of all EEA countries and Switzerland since…

Though the tourism industry saw strong growth in Finland in 2019, both inbound and outbound tourist flows were brought almost to a standstill in 2020, with the pandemic halting tourism in Finland as in the rest of the world. With strict travel restrictions brought into force from mid-March onwards, many flights were grounded with inbound and outbound tourist flows severely limited. Borders were almost entirely closed to new arrivals, with the exception of citizens, residents and essential…

Prior to the pandemic, tourism related activities were largely impacted by the social problems that Ecuador faced towards the end of 2019. The country was paralysed with a strike for 10 days due to the increase in fuel. Likewise, the ongoing global oil crisis was severely affecting Ecuador’s GPD. The situation was having a strong impact on tourism and many companies had financial problems as a result. Additionally, crime was also contributing to the decreasing levels of tourism in Ecuador.…

Worldwide containment measures and travel restrictions stopped tourism flows in their tracks during the early stages of COVID-19’s spread. In March 2020, both foreign and domestic travel took a rapid nosedive as borders shut down and people remained at home. Throughout 2020, numbers of passengers to and from Colombia plummeted from 2019’s levels. Colombia’s health minister took what at the time seemed to be a pessimistic view and warned of an anticipated peak in virus numbers during July and…

Worldwide containment measures and travel restrictions stopped tourism flows in their tracks during the early stages of COVID-19’s spread. In March 2020, both foreign and domestic travel took a rapid nosedive as borders shut down and people remained at home. Throughout 2020, numbers of passengers to and from Colombia plummeted from 2019’s levels. Colombia’s health minister took what at the time seemed to be a pessimistic view and warned of an anticipated peak in virus numbers during July and…

Worldwide containment measures and travel restrictions stopped tourism flows in their tracks during the early stages of COVID-19’s spread. In March 2020, both foreign and domestic travel took a rapid nosedive as borders shut down and people remained at home. Throughout 2020, numbers of passengers to and from Colombia plummeted from 2019’s levels. Colombia’s health minister took what at the time seemed to be a pessimistic view and warned of an anticipated peak in virus numbers during July and…

Travel intermediaries is especially hard hit having seen slowed growth pre-pandemic due to the No Japan boycott movement. The impact of COVID-19 and resultant disruptions to travel have compounded the sector’s struggle. Japan has traditionally been among the most popular destinations for South Korean travellers, but in 2019 outbound departures to the country dropped by 26%, to fall further in 2020 by another 41%. While intermediaries responded by promoting destinations such as Singapore and…

Both online and offline travel intermediaries will be drastically impacted by the outbreak of COVID-19, with sales plummeting in 2020 overall. The pandemic hit Peru during one the highest seasons of tourism: Easter. Between March and May, most flights were grounded, meaning inbound arrivals were severely reduced. Tourists with upcoming trips to Peru most likely cancelled or postponed to a further date. During this time, very few future bookings were made, due to the unprecedented…

Both online and offline travel intermediaries will be drastically impacted by the outbreak of COVID-19, with sales plummeting in 2020 overall. The pandemic hit Peru during one the highest seasons of tourism: Easter. Between March and May, most flights were grounded, meaning inbound arrivals were severely reduced. Tourists with upcoming trips to Peru most likely cancelled or postponed to a further date. During this time, very few future bookings were made, due to the unprecedented…