DATA DIGEST 69 | Spotlight on Ibiza & Formentera ???

DATA DIGEST 69 | Spotlight on Ibiza & Formentera ???

Compared to the previous year,?hotel bookings in Ibiza?to date, have seen an increase of 5.2%. This indicates a growing interest on the island and a gradual recovery of the tourism sector after the challenges caused by the pandemic.

For?Formentera, the increase in hotel bookings may be more modest at 3.1% compared to the previous year, but it still suggests a growing interest on the beautiful island.

  • Top markets to Ibiza Summer 2023:

???? UK | 36.1%?Bookings Share (?? 0.1% vs. 2022) |?ADR?€223?

???? SPAIN | 29.3%?Bookings Share (?? 11.2% vs 2022)???ADR?€216

???? ITALY | 10.1%?Bookings Share (?? 22.9% vs 2022)???ADR?€191

???? PORTUGAL | 4.4 %?Bookings Share?(??11.9% vs 2022) ADR?€238

???? USA | 2.5 %?Bookings Share?(??42.9% vs 2022) ADR?€302

  • Top markets to Formentera Summer 2023:

???? SPAIN | 63.8 %?Bookings Share?(??3.9% vs 2022) ADR?€308

???? ITALY | 18.3 %?Bookings Share?(??25.4% vs 2022) ADR?€284

???? PORTUGAL | 10.9 %?Bookings Share?(??40% vs 2022) ADR?€396

In terms of average spending per market for 2023 summer, the top three are:

BRASIL?→?€429

ARGENTINA?→?€336

USA?→?€302

On the other hand, the markets that will spend the least this summer

to Ibiza & Formentera (average spending) are:

THAILAND?→?€166

CHINA?→?€113

ITALY?→?€209

What do today's tourists want? How do they buy their trips? When and how they take their decision? What are other hotel chains doing? Which destinations are on the rise??TravelgateX ?has the tools to find these "business signals" in the different travel markets. Our solution is capable of analyzing large amounts of information accurately and translating it into indicators on which to build solid business strategies, with clear objectives.?

If you need DATA, you can contact us. In the meantime, we look forward

to seeing you at the next DATA DIGEST.

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