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Stock impact report

Australia Tourism Destination Market Insights 2024: Key Trends, Tourism Construction Projects, Foreign Direct Investment, Source Markets, Types Of Tourism, Destination Focus and Attraction...

Booking Holdings Inc. (BKNG) 
Last booking holdings inc. earnings: 2/26 04:04 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Analysis of destination markets, infrastructure and attractions, main and emerging source markets, as well as risks and opportunities in Australia. This report explores the types of travelers that visit the region as well as a SWOT analysis. Key Highlights There are signs pointing to a possible increase in the appeal of Australia as a vacation spot for UK residents. Nevertheless, the year 2020 signifies a significant shift. The arrival numbers dropped significantly to only 200,000 visitors, which was a result of the global COVID-19 pandemic. There are intriguing patterns in the projected Compound Annual Growth Rate (CAGR) for various tourist types from 2023 to 2028. Based on the data, it is evident that families have a strong inclination towards travel, with a projected CAGR (2023 to 2028) of 12.41%. Adventure, wildlife, and urban tourism all add to the appeal that attracts these kinds of travelers. Moreover, Australia offers a wide selection of affordable hostels, making it Show less Read more
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