Assistant is a Revenue Management System designed to optimize strategy and sales for independent hotels, groups and hotel chains.

Destination was created to empower destinations to actively act on the future and move away from passive analysis of historical data.

Business enables the integration of real-time data on tourism in Italy into any dashboard or B.I. 

The Fear Factor: What is the Most Significant Cause for Decreasing Travel Demand in Europe?

It was November 18, when the discovery of the new variant rekindled the fear of COVID in travelers: in reality, infections were already on the increase in Europe and there was already talk of a new wave, but the official discovery of the Omicron variant threw Europe back into a spiral of fear.

 

Of course, this fear has had a direct impact on the world of tourism: border closures, more restrictive border measures and travel bans for non-essential reasons are the well-known consequences of an increase in the number of infections. And even travellers, who are now familiar with the defensive mechanisms adopted by countries to contain the pandemic, are increasingly choosing not to travel, discouraged by this new climate of tension. The number of searches for flights to Europe in the last two weeks (November 18 to December 3) fell by 14% compared with the same previous period, from 61.8 million to 53.4 million.

 

Although the whole of Europe is suffering from the new wave of contagion, our analysis of tourist demand in each European country shows that, in some cases, the market is reacting in a more dramatic way, causing sudden drops in travel intentions. This shows us that some factors influence tourists much more than others. In fact, the countries that have suffered the greatest market contractions are not those with the greatest increase in infections, nor are they the countries with the highest number of Omicron variant spreads; instead, it seems that it is the word ‘lockdown’ that scares tourists the most. Of all the countries in Europe where the government has decided to impose a lockdown, demand has been much lower than in these countries, compared to countries with no lockdown and which might have a worse health situation.

 

As you can see from the cover image, the European country most affected is undoubtedly Austria, with a decrease in searches of 42.6% in the last fifteen days. Searches for flights to Austria had already been falling slightly, since the beginning of November, but then there was an obvious market crash corresponding with the rigorous intervention of the Austrian government. In fact, travel intentions, in fact, began to fall sharply when the country announced not only that it would impose a lockdown for the unvaccinated, but also that foreign visitors would no longer be allowed entry without a Green Pass (thus invalidating the fast-track buffers). Considering the reputation of Vienna and other Austrian destinations as winter tourism destinations (especially Christmas) the decisions of the Austrian government will certainly have a very strong impact on the country’s tourism economy.

In the Netherlands as well, tourist demand began to fall at the first rumours of a new lockdown: between November 8-15, after the Dutch government’s official announcement, flight searches fell by 24%, but the situation worsened after protests broke out in the country’s main cities.

 

Slovakia and the Czech Republic, in third and fourth place respectively, stopped attracting tourists when average infections started to exceed ten thousand per day: here too, tourists were more discouraged by the announcement of new lockdowns and the imposition of mandatory quarantine for unvaccinated foreign tourists.

 

 

 

About Destination

Destination is a market intelligence project created by Lybra – developers of the most complete, machine learning, data-centric Revenue Management System (RMS) available on the market – to share real-time, region-specific statistics, information and trends in the world of tourism.

 

Every day, Lybra analyzes millions of datasets – data collected from thousands of hotels’ PMS and flight search data from a leading metasearch booking engine – to help hoteliers “look ahead to better understand the present;” in other words, Lybra helps hoteliers understand the upcoming demand for their destination and gives them the revenue management tools and actionable insights necessary, to maximize bookings and revenue.

 

The aim of Destination is to give hoteliers and DMOs a more expansive view of tourism news and trends in different regions around the world. Destination produces weekly Travel Demand Reports, which share tourism developments for a specific country/region and analyze how the region’s travel news has impacted tourist demand. Follow Destination on LinkedIn to gain access to the upcoming Travel Demand Reports, which are published every Tuesday.

 

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Lybra Destination powered by Zucchetti Travel Data Lake

The Travel Data Lake of the Zucchetti Group collects and manages millions of accommodation searches every day. Thanks to these, it is possible to have a statistically significant overview of future tourist demand and extract valuable information on the profile of travelers. The system anonymously collects the stay searches made by travelers through the CRS of the Zucchetti group, providing an accurate forecast of hotel demand (period, destination, length of stay, etc.). Zucchetti is the largest Italian software house: with over 40 years of experience, in 2021 it has more than 700,000 customers, revenues of over 1.3 billion euros, and a group of over 8,000 people. Thanks to its Hospitality division, which supplies digital tools to over 50% of the accommodation facilities in Italy, in 2020 Zucchetti developed the Travel Data Lake, the largest predictive hub in Italy, with the aim of centralizing the forecast data from the group’s Booking Engine.

The data is processed by Destination, the market intelligence platform of Lybra Tech, a company of the Zucchetti Group specialized in tourism technologies and data analysis. Lybra Destination is a multi-source dashboard that helps Decision Makers leverage the potential of future data: it is the only tool capable of managing all the data in the territory by simultaneously analyzing multiple sources. By harnessing the power of AI and machine learning, Lybra Destination helps tourist destinations guide the decision-making process and monitor the impact of their promotional activities.

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