The new research reveals how the travel industry is developing within the fast-changing global economic and social environment.
Three key emerging travel industry trends identified by the report are:
The Joy of Missing Out #JOMO
Counter to FOMO (Fear of Missing Out), the Joy of Missing Out (JOMO) is an emerging trend as consumers are resisting the “always-on” mentality. Desire to unplug is spurred by a need for authenticity, privacy and the enjoyment of face-to-face, live experiences. Travel players such as Black Tomato are now offering alternative travel experiences helping travellers disconnect from their everyday lives and enjoy travel detox experiences away from civilisation.
Get the full story at Euromonitor and download the full report "Megatrends Shaping the Future of Travel" (free registration)