{"id":209199,"date":"2022-08-11T01:15:00","date_gmt":"2022-08-10T18:15:00","guid":{"rendered":"https:\/\/www.ttrweekly.com\/site\/?p=209199"},"modified":"2022-08-11T03:26:03","modified_gmt":"2022-08-10T20:26:03","slug":"expedia-q2-report-charts-travel-recovery","status":"publish","type":"post","link":"https:\/\/www.ttrweekly.com\/site\/2022\/08\/expedia-q2-report-charts-travel-recovery\/","title":{"rendered":"Expedia Q2 report charts travel recovery"},"content":{"rendered":"\n<p>SINGAPORE, 11 August 2022: Despite industry and economic headwinds during Q2, people still found a way to travel, resulting in the return of long-haul and international family travel, higher hotel average daily rates (ADR) and higher average ticket prices in Q2, according to an Expedia Q2 2022 report released on Wednesday.<\/p>\n\n\n\n<p>Expedia Group Media Solutions&#8217; Q2 2022 Traveler Insights Report spotlights data and trends across North America, Latin America, Asia Pacific and EMEA.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"600\" height=\"296\" data-src=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/08\/Travel-Advertising-Marketing-600x296.png\" alt=\"\" class=\"wp-image-209222 lazyload\" data-srcset=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/08\/Travel-Advertising-Marketing-600x296.png 600w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/08\/Travel-Advertising-Marketing-300x148.png 300w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/08\/Travel-Advertising-Marketing-768x379.png 768w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/08\/Travel-Advertising-Marketing-696x343.png 696w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/08\/Travel-Advertising-Marketing-851x420.png 851w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/08\/Travel-Advertising-Marketing-324x160.png 324w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/08\/Travel-Advertising-Marketing.png 995w\" data-sizes=\"(max-width: 600px) 100vw, 600px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 600px; --smush-placeholder-aspect-ratio: 600\/296;\" \/><\/figure>\n<\/div>\n\n\n<p>&#8220;The return of long-haul and international family travel, higher hotel average daily rates and higher average ticket prices in Q2 are just a few positive indicators for a strong second half of 2022,&#8221; said Expedia&#8217;s media solutions global vice president Jennifer Andre.<\/p>\n\n\n\n<p><strong>Key findings from the Q2 2022 Traveler Insights Report&nbsp;<\/strong><\/p>\n\n\n\n<p><strong>Travel Searches Hold Steady<\/strong><\/p>\n\n\n\n<p>Following a 25% quarter-over-quarter surge in searches globally between Q4 2021 and Q1 2022 across the Expedia Group branded sites, search volumes held steady in Q2, indicating sustained interest and enthusiasm to travel. Asia Pacific (APAC) saw strong double-digit growth between Q1 and Q2 (30%), followed by Europe, the Middle East, and Africa (EMEA) at 10%.&nbsp;<\/p>\n\n\n\n<p>Week-over-week global search volume fluctuated throughout Q2, with the strongest gains during the week of 6 June. Week-over-week searches globally increased 10% following the 10 June announcement that the U.S. would no longer require&nbsp;COVID-19 testing for international travellers.<\/p>\n\n\n\n<p><strong>Search Windows Still Shorter<\/strong><\/p>\n\n\n\n<p>Seasonal holidays and a palpable desire to travel in the near term, coupled with economic and pandemic-related concerns and regional instability, contributed to growth in shorter search windows during Q1. Global share of searches&nbsp;in the 0- to 90\u2013day window increased more than 5% quarter-over-quarter, with the 61- to 90\u2013day window seeing the largest quarter-over-quarter lift at 15%.&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>In Q2, the majority of global domestic searches fell within the 0 to 30\u2013day window, while the share of searches in the 91- to 180+ day window decreased quarter-over-quarter. The continued easing of travel&nbsp;restrictions and testing requirements contributed to a double-digit quarter-over-quarter lift in international searches globally in the 0 to 90\u2013day window, with the strongest growth in the 61 to 90\u2013day window. This indicates that even though travellers have<\/p>\n\n\n\n<p>&nbsp;reverted to planning for the near term, they are still considering international trips. Destinations and travel brands should ensure international travellers are part of the audience targeting mix and leverage search window and destination insights to further bolster their marketing strategy.<\/p>\n\n\n\n<p><strong>Long-Haul Destinations Returning<\/strong><\/p>\n\n\n\n<p>As with prior quarters, major cities and beach destinations around the world remained popular with travellers in Q2, but London and Paris had particularly strong showings. On the global top 10 list of booked destinations in Q2, London&nbsp;took the No 3 spot and made the top 10 list of booked destinations across all regions. London was the No. 1 booked destination by travellers from APAC and EMEA and made new appearances on the top 10 lists for travellers from Latin America (LATAM) and North&nbsp;America (NORAM).<\/p>\n\n\n\n<p>Q2 also saw a significant increase in demand for long-haul flights \u2013 flights with a duration of 4+ hours \u2013 as travellers look to go further afield. There was more than a 50% year-over-year increase in global&nbsp;traveller demand for long-haul flights. Further illustrating the rise in long-haul flights, Q2 delivered more than 100% year-over-year growth in traveller demand for flights from the U.S. to Europe.<\/p>\n\n\n\n<p><strong>Demand Stays Strong Despite Rising Costs<\/strong><\/p>\n\n\n\n<p>Q2 continued the growth momentum from Q1, with lodging bookings at the highest in Expedia Group history. A prior-year comparison shows total gross bookings were up by double digits as travel demand further improved. Lodging demand&nbsp;increased quarter-over-quarter in Q2, with APAC seeing the strongest growth. With sustained demand globally, average daily rates (ADR) in Q2 increased quarter-over-quarter and even more so compared to Q2 2019, while room night cancellation rates globally declined&nbsp;by double digits compared to Q2 2019.<\/p>\n\n\n\n<p>Strong demand, rising fuel costs, and an increase in longer-distance flights booked drove a quarter-over-quarter increase in the global average ticket price during Q2. Compared to Q2 2019, the global average ticket price was up double-digits&nbsp;in Q2 2022, led by EMEA and APAC.<\/p>\n\n\n\n<p><strong>Growing Interest in Inclusive Travel<\/strong><\/p>\n\n\n\n<p>People around the world are increasingly seeking ways to have more meaningful and conscientious travel experiences. According to Expedia&#8217;s recent <a href=\"https:\/\/go2.advertising.expedia.com\/inclusive-travel-report-2022?utm_source=outreach&amp;utm_medium=pr&amp;utm_campaign=mid_5768&amp;utm_content=na&amp;utm_term=na\">Inclusive&nbsp;Travel Insights Report<\/a>, 92% of consumers think it is important for travel providers to meet the accessibility needs of all travellers. Yet, only half of the consumers have seen options&nbsp;accessible to all abilities when searching for and booking a trip.&nbsp;<\/p>\n\n\n\n<p>These insights point to the gap in accessible and inclusive options in the travel marketplace and the opportunities for travel brands to improve offerings and make travel accessible to all travellers everywhere.<\/p>\n\n\n\n<p>Consumers are also paying attention to a travel brand&#8217;s commitment to inclusion, diversity, and accessibility, and these commitments are influencing purchasing decisions. 78% of consumers said they&nbsp;have made a travel choice based on promotions or ads that they felt represented them through messaging or visuals. In contrast, 7 in 10 consumers would choose a destination, lodging, or transportation option that is more inclusive of all types of travellers, even&nbsp;if it\u2019s more expensive.<\/p>\n\n\n\n<p><strong>More Q2 2022 Traveler Insights <\/strong>&nbsp;&nbsp;<\/p>\n\n\n\n<p>For more data and insights, download the full Q2 2022 Traveler Insights Report <a href=\"https:\/\/go2.advertising.expedia.com\/traveler-insights-report-download-2022-q2%20?utm_source=outreach&amp;utm_medium=pr&amp;utm_campaign=mid_5768&amp;utm_content=na&amp;utm_term=na\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE, 11 August 2022: Despite industry and economic headwinds during Q2, people still found a way to travel, resulting in the return of long-haul and international family travel, higher hotel average daily rates (ADR) and higher average ticket prices in Q2, according to an Expedia Q2 2022 report released on Wednesday. Expedia Group Media Solutions&#8217; [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":209222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[246,1581],"tags":[],"class_list":{"0":"post-209199","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-singapore","8":"category-trends"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Expedia Q2 report charts travel recovery - TTR Weekly<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ttrweekly.com\/site\/2022\/08\/expedia-q2-report-charts-travel-recovery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Expedia Q2 report charts travel recovery - TTR Weekly\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE, 11 August 2022: Despite industry and economic headwinds during Q2, people still found a way to travel, resulting in the return of long-haul and international family travel, higher hotel average daily rates (ADR) and higher average ticket prices in Q2, according to an Expedia Q2 2022 report released on Wednesday. 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