"comparing Domestic Vs. International Travel Insurance For Australians"

 "comparing Domestic Vs. International Travel Insurance For Australians" - Asia-Pacific's domestic travel market is having its moment, as evidenced by domestic travel searches in the region eclipsing those of international searches, according to a ForwardKeys report.

In the period between July and September, trips that take place in the Asia-Pacific region are mainly domestic trips, with searches strongly reflecting this trend. In fact, domestic searches in Asia-Pacific are currently more dominant than international searches.

"comparing Domestic Vs. International Travel Insurance For Australians"

Holiday travel in Asia-Pacific was led by domestic activity, with Vietnam emerging as the region's top performer with 8.9 percent growth this summer; Cherry blossom apricot trees that formed the dirt road in Da Lat Plateau, Vietnam

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The numbers are double, and even triple, in some cases like in Australia, New Zealand, Vietnam, Thailand and South Korea compared to 2019.

These findings were presented during a hotel revenue management webinar co-hosted by ForwardKeys and IDeAS Revenue Solutions in Singapore to help hospitality players recover from Covid-19.

Focused on the Asia-Pacific region, the latest ForwardKeys travel data highlighted the power and opportunities to continue growing the domestic travel market during this "survival of the fittest" period.

The star of the region is now Vietnam. Domestic flight searches are turning to future bookings, with the Southeast Asian nation showing growth of 8.9 percent this summer, according to tickets issued as of July 15, while others in the region still lag behind.

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Closer inspection of the flight search data showed a growing demand among domestic tourists for smaller destinations in Vietnam, such as Qui Nhon, Dalat, Phu Quoc, and Nha Trang.

With new cases of Covid-19 rearing its ugly head in parts of Asia, travel trends have been thrown out of whack. Gone are the days of planning travel months in advance, with ForwardKeys data revealing that booking lead times have been cut dramatically shorter. In China, Vietnam and South Korea it is now down to zero to four days before the flight.

No longer are last-minute bookers a small percentage of the marketing efforts of industry players - but in some cases it is their only chance to reach new customers. And with foreign and longhaul source markets showing real interest only from 1Q2021, businesses must make the most of their local markets.

For those planning far, it seems that despite all the drama and debacle in the UK regarding flight restrictions, quarantine, and the rise of new Covid-19 cases, the English are still dreaming of a slice of Asia-Pacific paradise in Australia and Thailand . .

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Thailand is high on the bucket list for holidays in France, Germany and the UK. Jameson Wong, Asia-Pacific business development director of ForwardKeys, said: "People expect the Covid-19 to be controlled in major Asia-Pacific destinations by (1Q2021) so they will finally travel to longhaul destinations from Europe." The International Air Transport Association (IATA) announced that passenger traffic fell in February 2021, both compared to pre-COVID levels (February 2019) and compared to the month immediately preceding (January 2021).

Because comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise stated, all comparisons are to February 2019, which followed a normal demand pattern.

"February showed no indication of a recovery in demand for international air travel. In fact, most indicators went in the wrong direction as travel restrictions tightened in the face of continued concerns about new coronavirus variants. An important exception was the Australian Domestic market. A relaxation of restrictions on domestic flights has led to significantly more trips. This tells us that people have not lost their desire to travel. They will fly, provided that they can do so without facing quarantine measures, "said Willie Walsh , IATA Director General.

1) % of industry RPKs in 2020 2) Change in load factor vs. the same month in 2019 3) Load Factor Level

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Asia-Pacific airlines' February traffic was down 95.2% compared to February 2019, little changed from the 94.8% decline registered for January 2021 compared to January 2019. The region continued to suffer from the steepest traffic drops for an eighth consecutive month. Capacity was down 87.5% and the load factor dropped 50.0 percentage points to 31.1%, the lowest among the regions.

European carriers recorded an 89.0% decline in traffic in February versus February 2019, significantly worse than the 83.4% decline in January compared to the same month in 2019. Capacity decreased 80.5% and load factor increased by 36.0 percentage points 46.4% fell.

Middle East airlines fell 83.1% in February compared to February 2019, worsened by an 82.1% demand decline in January, versus the same month in 2019. Capacity fell 68.6%, and the load factor decreased 33.4 percentage points to 39.0% .

North American carrier traffic in February fell 83.1% compared to the 2019 period, a worsening of a 79.2% decline in January year-on-year. Capacity decreased 63.9%, and load factor decreased 41.9 percentage points to 36.7%.

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Latin American airlines experienced a drop in demand of 83.5% in February, compared to the same month in 2019, significantly worse than the 78.5% drop in January 2019. , highest among the regions for a fifth consecutive month .

The traffic of African airlines decreased by 68.0% in February compared to February two years ago, which was a decrease compared to a 66.1% decrease in January compared to January 2019. 49.1%.

Australia's domestic traffic was down 60.5% in February compared to February 2019, dramatically improving on the 77.3% decline in January over 2019. Some state border restrictions were eased in early February.

US domestic traffic fell 56.1% in February compared to the same month in 2019, improving from the 58.4% decline in January compared to two years ago. The improvement was driven by falling rates of contagion and accelerated vaccinations.

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"The US Centers for Disease Control and Prevention (CDC) recently said that vaccinated individuals can travel safely. That's good news. We also recently saw Oxera-Edge Health research demonstrating the effectiveness of fast, accurate and affordable rapid tests for COVID-19. These developments should reassure governments that there are ways to efficiently manage the risks of COVID-19 without relying on demand-killing quarantine measures and/or expensive and time-consuming PCR tests," said the Walsh.

"Two key components for an efficient resumption of travel must be urgently advanced. The first is the development of global standards for digital COVID-19 test and/or vaccination certificates. The second is the government's agreement to accept certificates digitally. Our experiences up to are already showing that paper-based systems are not a sustainable option. They are vulnerable to fraud. And, even with the limited amount of flights today, the check-in process needs pre-COVID-19 staffing levels just to handle the documents.

Paper processes will not be sustainable if travel increases. The IATA Travel Pass app was developed precisely in anticipation of this need to manage health registration digitally. Its first full implementation process is focused on Singapore, where the government has already announced that it will accept health certificates through the app. This will be an essential consideration for all governments as they prepare to connect their economies to the world through air travel,” said Walsh.

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Us Travel & Tourism Statistics (2023)

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The data shows that when travel restrictions make it too complicated to travel abroad, most people invest locally

ForwardKeys, a world-leading travel analytics company, conducted recent studies on July flight data and airport volumes, which revealed that the world is split into two spheres: the increase in domestic tourism and the increase in the importance of lesser-known airports.

If you check the regional airports worldwide to determine the busiest airports according to the passenger volume: Dallas (USA), Chengdu (China), Moscow Domodedovo (Russia) and Sharjah (UAE), although they are in the red, are still ahead of the pack . from other major airport hubs.

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The one region to watch in terms of recovery appears to be APAC with the region up 54.3% in bookings compared to the MENA region which was hit the hardest at -79%. It is possible that this is because passenger numbers depend heavily on international travelers.

"More often than not, the travel data we've collected over the past few weeks shows something similar

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