| Past 7 days | Avg. age | Avg. budget | Avg. booking window |
| Australia | 37 | $1,351 | 93 |
| China | 36 | $953 | 90 |
| France | 37 | $920 | 88 |
| Germany | 36 | $2,623 | 79 |
| India | 36 | $451 | 87 |
| Italy | 37 | $1,001 | 86 |
| Japan | 37 | $1,916 | 91 |
| Russia | 36 | $1,194 | 85 |
| Singapore | 38 | $1,451 | 92 |
| South Korea | 37 | $1,020 | 90 |
| Spain | 37 | $2,109 | 83 |
| UAE | 37 | $1,901 | 85 |
| UK | 36 | $2,476 | 86 |
| US | 37 | $2,553 | 84 |
| Grand Total | 37 | $1,568 | 87 |
| Week before | Avg. age | Avg. budget | Avg. booking window |
| Australia | 38 | $1,361 | 102 |
| China | 37 | $952 | 90 |
| France | 37 | $921 | 91 |
| Germany | 37 | $2,652 | 94 |
| India | 36 | $437 | 84 |
| Italy | 38 | $982 | 95 |
| Japan | 37 | $1,915 | 92 |
| Russia | 37 | $1,185 | 93 |
| Singapore | 36 | $1,488 | 82 |
| South Korea | 38 | $1,045 | 88 |
| Spain | 37 | $2,129 | 92 |
| UAE | 36 | $1,854 | 90 |
| UK | 37 | $2,502 | 85 |
| US | 37 | $2,587 | 88 |
| Grand Total | 37 | $1,577 | 90 |
Date range: 13-Apr-2023 to 20-Apr-2023
In this article, we will provide an analysis of the inbound tourism trends to Vietnam based on market insights and travel trends from key markets. The data analyzed covers a range of factors such as average age, average budget, and average booking window for travelers. The comparative analysis is done between the past week and the previous seven days to identify the changes and differences in the market.
Market Insights: Changes in Travel Trends
The data analyzed for the past week and the previous seven days reveal a relatively stable trend for the Vietnamese market. The Australian market witnessed a decline in the average budget by $10, which is a decline of 10 from the previous week. Similarly, the Chinese market also saw a marginal increase in the average budget by $1, which is an increase of 0 from the previous week.
The French market experienced a marginal decrease in the average budget by $0, which is a decline of 3 from the previous week. The German market also witnessed a similar trend with a decline in the average budget by $28, which is a decline of 16 from the previous week.
The Indian market experienced a marginal increase in the average budget by $14, which is an increase of 3 from the previous week. Similarly, the Italian market also saw a marginal increase in the average budget by $18, which is a decline of 10 from the previous week.
The Japanese market experienced a marginal decrease in the average booking window by 2. The Russian market also witnessed a similar trend with a marginal decrease in the average budget by $9, which is a decline of 8 from the previous week.
The Singaporean market experienced a marginal decrease in the average budget by $37, which is an increase of 10 from the previous week. Similarly, the South Korean market also saw a marginal decrease in the average budget by $25, which is an increase of 3 from the previous week.
The Spanish market experienced a marginal decrease in the average budget by $19, which is a decline of 9 from the previous week. The UAE market also witnessed a similar trend with an increase in the average budget by $47, which is a decline of 4 from the previous week.
The UK market experienced a marginal decrease in the average budget by $25, which is an increase of 1 from the previous week. Similarly, the US market also saw a marginal decrease in the average budget by $35, which is a decline of 4 from the previous week.
Tourism Trends: Grand Total
The grand total analysis of the past week and the previous seven days revealed a marginal decline in the average budget by $9, which is a decline of 3 from the previous week. The data reveals a general trend of stable travel preferences among the key markets for Vietnam.
Tourism Trends: Implications for Vietnam
The stable trend in travel preferences among key markets for Vietnam has significant implications for the Vietnamese tourism industry. The marginal decline in the average budget suggests that travelers are more likely to opt for affordable travel options. This could be an opportunity for the Vietnamese tourism industry to promote budget-friendly packages to attract more travelers.
Additionally, the marginal decrease in the average booking window for Japanese travelers highlights the need for the Vietnamese tourism industry to adopt a flexible booking policy. Travelers are increasingly looking for flexible booking policies that allow them to make changes to their travel plans without incurring additional costs. The Vietnamese tourism industry could cater to this demand by offering flexible booking policies that allow travelers to make changes to their travel plans.
Conclusion
In conclusion, the inbound tourism trends to Vietnam reveal a relatively stable trend for key markets. The marginal decline in the average budget suggests that travelers are more likely to opt
for affordable travel options, and the Vietnamese tourism industry could leverage this trend by offering more budget-friendly packages. Moreover, the marginal decrease in the average booking window highlights the need for the Vietnamese tourism industry to adopt a flexible booking policy to cater to the needs of travelers.
By offering affordable packages and flexible booking policies, the Vietnamese tourism industry could attract more travelers and expand its reach to a wider audience. The stable trend in travel preferences among key markets could be an opportunity for the Vietnamese tourism industry to promote itself as an affordable and flexible travel destination.
In conclusion, the market insights and tourism trends analysis of the inbound tourism trends to Vietnam reveal a stable trend for key markets. The Vietnamese tourism industry could leverage this trend by offering more affordable travel options and flexible booking policies to attract more travelers. The stable trend in travel preferences among key markets presents an opportunity for the Vietnamese tourism industry to promote itself as an affordable and flexible travel destination.