Portland,OR, Oct. 07, 2020 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the Asia-Pacific group travel market generated $363.11 billion in 2019, and is estimated to garner $689.5 billion by 2030, witnessing a CAGR of 6.0% from 2019 to 2030.The report provides a detailed analysis of changing market trends, market size &estimations, key winning segments, top segments, value chain, and competitive scenario.
Pursuit of unique experiences and innovative marketing &promotionalstrategies on social media drive the growth of the Asia-Pacific group travel market. However, terrorism activities, political unrest, and climate changes present restraints in the market growth. On the other hand, a new trend of eco-mmodationand implementation of mobile applications, big data analytics, and artificial intelligence in the travel industry present new opportunities in the coming years.
In-depth analysis of the COVID-19 impact on the Asia-Pacific group travel [email protected] https://www.alliedmarketresearch.com/request-for-customization/6071?reqfor=covid
- There has been a lockdown