Latest news with #travelDemand
Arabian Business
28-05-2025
- Business
- Arabian Business
UAE Eid Al Adha travel bookings rise 15% as short-haul beach destinations surge
Travel demand from the UAE is climbing ahead of Eid Al Adha, with dnata Travel reporting a 15 per cent increase in holiday bookings compared to the same period last year. The company said overall travel demand during the Eid break is 30 per cent higher compared to regular periods, reflecting appetite for outbound travel during key public holidays. 'Eid continues to be one of the busiest travel periods in the UAE, and this year is no exception. We're seeing consistent year-on-year growth, driven by travellers who are increasingly strategic about how they plan their holidays,' Meerah Ketait, Head of Retail and Leisure at dnata Travel said. Maldives, Turkey lead UAE travellers' Eid Al Adha destination choices for 2025 Short-haul beach destinations dominate the bookings, with most trips averaging around four days. The most booked destinations include Maldives, Seychelles, Mauritius, Turkey, Sri Lanka and Azerbaijan – all reachable within a four- to six-hour flight from the UAE. 'The data shows a clear preference for short-haul travel during Eid, with most trips averaging around four days. Travellers are being intentional – choosing destinations that offer convenience and value now, while planning longer, more in-depth holidays for the summer season from July onward,' Ketait said. While short-haul escapes remain popular, dnata Travel also notes demand for longer-haul destinations such as Italy, France and Spain in the West, as well as Thailand and Japan in the East. Trip duration trends show that travellers are booking around four days for nearby getaways, and up to six days for distant holidays, depending on the destination. To cater to the demand, dnata Travel has launched curated Eid holiday packages that combine value and flexibility for families, couples, and solo travellers: Sri Lanka from AED 2,730 per person – return airfare, 3-night stay at Avani Kalutara Resort with daily breakfast Thailand from AED 2,810 per person – return airfare, 3-night stay at Avani Ao Nang Cliff Krabi with daily breakfast Turkey from AED 2,990 per person – return airfare, 3-night stay at Hilton Istanbul Bosphorus with daily breakfast Maldives from AED 4,090 per person – return airfare, 3-night stay at Kuramathi Maldives with daily breakfast and return speedboat transfers Mauritius from AED 6,270 per person – return airfare, 3-night stay at The Westin Mauritius Turtle Bay Resort & Spa with daily breakfast and dinner Travellers are encouraged to book early, as limited availability and rising demand are expected to drive bookings over the coming days.
Skift
22-05-2025
- Skift
International Travel to the U.S. Remains Soft – Can Domestic Demand Fill the Gap?
The softening in inbound travel demand – especially from Canada – is being partially offset by domestic travel, which continues to show resilience. U.S. tourism is navigating the ripple effects of the Trump administration's new policies and tariffs, but Skift Research's report – The Trump Effect: Skift Travel Health Index Market Analysis – tells a nuanced story. The Skift Travel Health Index reveals that there was a 2% year-on-year dip in U.S. travel demand in March 2025. That's down, of course, but not a collapse. And while there are several red flags – declines from Canada, volatile flows from Europe – domestic travel could pick up the slack. Canada Is Pulling Back Is Canada boycotting the U.S.? The data suggest so: There has been a marked drop in Canadian travel to the U.S. this year, with a sharp 22% decline in flight bookings in February, immediately after President Trump talked about making Canada a U.S. state. By March 2025, hotel searches from Canada dropped 43%, while new bookings declined 34% year-on-year. Instead, Canadian travelers are now shifting southward, with flight booki
Skift
08-05-2025
- Business
- Skift
Expedia Results Hit by Drop in International Travel
The decline in interest in visiting the U.S. is real - and we're seeing it in Expedia's results. Demand for travel to the U.S. has weakened, and Expedia Group is feeling it. Two-thirds of the company's business comes from the U.S., and inbound travel dropped 7% during the first quarter of the year, executiv
Yahoo
08-05-2025
- Business
- Yahoo
Verra Mobility Corp (VRRM) Q1 2025 Earnings Call Highlights: Strong Revenue Growth Amid ...
The company faces potential risks of moving to the lower end of its guidance ranges if travel demand continues to worsen. The company anticipates a modest deceleration of travel volumes in the second half of 2025 due to uncertain economic conditions. There is a broader pullback in consumer confidence levels, impacting travel demand, as evidenced by U.S. air carriers cutting their forecasts. Government Solutions service revenue increased by 4%, with a 7% growth outside of New York City, driven by expansion from existing customers and new cities implementing photo enforcement programs. The company secured a significant contract with the New York City Department of Transportation to manage automated enforcement safety programs for a 5-year period. For the complete transcript of the earnings call, please refer to the full earnings call transcript . Story Continues Q & A Highlights Q: When is the New York City contract expected to be finalized, and when will there be more clarity on its impact on Verra Mobility's business? A: David Roberts, CEO, stated that the contract is expected to be finalized in the next 60 to 90 days. Q: Can you provide more details on the attractive pipeline mentioned for Q2 and any updates on city-level RFPs in California? A: David Roberts, CEO, mentioned that the pipeline is ahead of internal expectations, and they are awaiting updates on RFPs for San Jose and Oakland in California. Q: Is the guidance pointing to the low end due to real-time slowing of travel and commercial services revenue, or is it more of an anticipation of softer volumes in the back half of the year? A: Craig Conti, CFO, explained that it's more of an anticipation based on revised outlooks from airlines, with a slight decline observed but not material enough to impact guidance significantly. Q: Will RAC tolling revenue continue to outpace TSA volume growth for the rest of the year? A: Craig Conti, CFO, noted that the performance depends on travel in key states where Verra Mobility operates, which may not directly correlate with overall TSA volume trends. Q: How should we think about the opportunity for margin expansion in Government Solutions over the next few years? A: David Roberts, CEO, highlighted the strong market position and expanding opportunities in Government Solutions, driven by legislative groundwork and a growing total addressable market. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
