|Past 7 days||Avg. age||Avg. budget||Avg. booking window|
|Week before||Avg. age||Avg. budget||Avg. booking window|
Date of Analysis: Apr 26, 2023
The travel industry is constantly evolving, and market trends are continuously shifting. To stay ahead of the curve, it’s crucial to analyze data and understand the changes in traveler behavior. In this report, we will compare the inbound travel intent trends to Vietnam for the past week (Apr 19-26, 2023) with the previous week (Apr 12-19, 2023).
Overview: Inbound Travel Intent Trends to Vietnam
The tables above reflect the traveler trends from key markets to Vietnam. The first table shows the inbound travel intent trends for the next 30 days, while the second table shows the trends for the next 31 to 90 days. The data includes the average age of travelers, their average budget, length of stay, and average daily rate (ADR). The analysis was done on Apr 15, 2023, and is based on data collected during the past 14 days (Apr 1-15, 2023).
Changes in Inbound Travel Intent Trends to Vietnam
Let’s compare the changes in the inbound travel intent trends to Vietnam for the past week (Apr 19-26, 2023) with the previous week (Apr 12-19, 2023).
Market Insights: Average Age
In terms of the average age of travelers, there was little change between the two weeks. All markets saw a difference of no more than two years.
Market Insights: Average Budget
For the average budget, there was a slight decrease in the overall market. However, some markets showed an increase in budget, while others saw a decrease. For example, the UK market had an increase of $83 in the past week, while the US market saw a decrease of $8.
Market Insights: Average Booking Window
The average booking window remained stable for most markets. However, the German market saw a significant increase of 6 days, while the French market had a decrease of 3 days.
Market Insights: Overall Market
The overall market showed a slight decrease in budget and a stable average booking window. The age of travelers remained largely the same.
The inbound travel intent trends to Vietnam have remained stable in terms of average age and booking window, with a slight decrease in the average budget. However, the individual markets have seen changes in their travel behavior, with some markets showing an increase in budget and others experiencing a decrease. It’s essential to stay up-to-date with these changes in traveler behavior to cater to their needs and remain competitive in the market. By analyzing the data, businesses can make informed decisions and adapt to the evolving travel industry.