“Trip.com And Google To Launch Travel Trends Report - pymnts.com” plus 2 more

“Trip.com And Google To Launch Travel Trends Report - pymnts.com” plus 2 more


Trip.com And Google To Launch Travel Trends Report - pymnts.com

Posted: 23 Jun 2020 08:51 AM PDT

Trip.com Group, the Shanghai-based provider of travel services, has joined Google to launch a travel trends report, the company announced Tuesday (June 23).

The "Trip.com Group x Google Travel Trends Report" was created to predict trends and forecast the next Top 20 destinations, the company said.

It will be written based on a variety of indicators, including data from Trip.com and an analysis of statistics from Google Trends, the website that analyzes the popularity of top global queries in Google Search.

"With the onset of the pandemic the entire world is facing an unprecedented level of uncertainty,"  Google China Head of Industry Wilson Wu said in a statement. "The normal dynamics of the travel business have been completed up-ended, and this is definitely not an easy time for many of us. But even in the middle of this global crisis, there are opportunities to bounce back and innovate towards the new normal."

A pilot edition based on the Asia-Pacific region with business insights data from Trip.com Group was produced. The report provides a glimpse into how consumers are reacting to the evolving dynamics in travel and trends for the industry for the next few months.

As travel restrictions are being eased, the inaugural report revealed, interest in travel, specifically short trips, is rising. Among customers in the Asia-Pacific region considering travel, 30 percent said they want to take a trip within the next 90 days while more than 70 percent of searches prefer a short trip.

The data identified the Top 20 short-haul destinations including Bangkok, Seoul, Shanghai, Jeju-do, Tokyo, Bali, Manila, Busan, Xi'an, Kuala Lumpur, Osaka, Penang, Da Nang, Bintan, Taipei, Singapore, Pattaya, Hong Kong, Phuket and Macau.

Not surprisingly, customers identified flexibility as their most important consideration, with 57 percent citing no-fee cancellation policies as the most attractive feature when booking travel. In addition to flexibility, 27 percent of customers identified advance booking discounts as a key motivator for booking travel, while 25 percent preferred insurance coverage.

The report comes as travel restrictions are being lifted in numerous markets.

"Now is the time to capture recovery demand," said Wu. "Travel providers must respond with products and services that allow flexibility."

Still, a recent survey by PYMNTS found interest in travel has its limits. Less than half,  44 percent, of respondents who want to resume their daily activities want to travel domestically. Only 18 percent of consumers find international travel appealing.

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Mobile Mapping Market Current Trends, SWOT Analysis, Business Overview and Forecast by 2028 | Key Players: Google, Inc., Apple, Inc., Microsoft Corporation, Telecommunication Systems, Inc. (TCS), Foursquare Labs, Inc., Trimble Navigation Ltd. - 3rd Watch News

Posted: 23 Jun 2020 11:30 PM PDT

A recent report published by QMI on the mobile mapping market is a detailed assessment of the most important market dynamics. After carrying out a thorough research of mobile mapping market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision.

Get Sample Copy of This Report @ https://www.quincemarketinsights.com/request-sample-63141?utm_source=3WN/SG

The study identifies specific and important factors affecting the market for mobile mapping during the forecast period. It can enable companies investing in mobile mapping market to change their production and marketing strategies in order to envisage maximum growth.

According to the report, the mobile mapping market has been segmented, by segment (location-based services, location-based search, indoor mapping, 3d mapping, licensing subscription and support), by user type (individual, enterprise), by industry vertical (transportation and logistics, government and public sector, bfsi, real estate, manufacturing, telecommunication, travel and hospitality, retail, media and entertainment).

Insights about regional distribution of market:
The market has been segmented in major regions to understand the global development and demand patterns of this market.

For mobile mapping market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific and Western Europe are expected to be major regions on the mobile mapping market.

North America and Western Europe have been one of the key regions with technological advancements in ICT, electronics & semiconductor sector. Factors like the use of advanced technology and presence of global companies to cater the potential end-users are favourable for the growth of mobile mapping market. Also, most of the leading companies have headquarters in these regions.

Asia Pacific is estimated to be one of the fastest growing markets for mobile mapping market. Major countries in the Asia Pacific region are China, Japan, South Korea, India and Australia. These economies in the APAC region are major contributors in the ICT, electronics & semiconductor sector. In addition to this, government initiatives to promote technological advancement in this region are also one of the key factors to the growth of mobile mapping market. Middle East and rest of the World are estimated to be emerging regions for mobile mapping market.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Google, Inc.
2. Apple, Inc.
3. Microsoft Corporation
4. Telecommunication Systems, Inc. (TCS)
5. Foursquare Labs, Inc.
6. Trimble Navigation Ltd.
7. Ericsson
8. Tomtom NV
9. Qualcomm Atheros, Inc.
10. Mapquest, Inc.

Make an Inquiry for purchasing this Report @ https://www.quincemarketinsights.com/enquiry-before-buying/enquiry-before-buying-63141?utm_source=3WN/SG

Market Segmentation:
By Segment:
o Location-Based Services
o Location-Based Search
o Indoor Mapping
o 3D Mapping
o Licensing Subscription and Support

By User Type:
o Individual
o Enterprise

By Industry Vertical:
o Transportation and Logistics
o Government and Public Sector
o BFSI
o Real Estate
o Manufacturing
o Telecommunication
o Travel and Hospitality
o Retail
o Media and Entertainment

By Region:
North America
o North America, by Country
o US
o Canada
o Mexico
o North America, by Segment
o North America, by User Type
o North America, by Industry Vertical

Western Europe
o Western Europe, by Country
o Germany
o UK
o France
o Italy
o Spain
o The Netherlands
o Rest of Western Europe
o Western Europe, by Segment
o Western Europe, by User Type
o Western Europe, by Industry Vertical

Asia Pacific
o Asia Pacific, by Country
o China
o India
o Japan
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
o Asia Pacific, by Segment
o Asia Pacific, by User Type
o Asia Pacific, by Industry Vertical

Eastern Europe
o Eastern Europe, by Country
o Russia
o Turkey
o Rest of Eastern Europe
o Eastern Europe, by Segment
o Eastern Europe, by User Type
o Eastern Europe, by Industry Vertical

Middle East
o Middle East, by Country
o UAE
o Saudi Arabia
o Qatar
o Iran
o Rest of Middle East
o Middle East, by Segment
o Middle East, by User Type
o Middle East, by Industry Vertical

Rest of the World
o Rest of the World, by Country
o South America
o Africa
o Rest of the World, by Segment
o Rest of the World, by User Type
o Rest of the World, by Industry Vertical

Objectives of this report:
o To estimate the market size for the mobile mapping market on a regional and global basis.
o To identify major segments in the mobile mapping market and evaluate their market shares and demand.

o To provide a competitive scenario for the mobile mapping market with major developments observed by key companies in the historic years.
o To evaluate key factors governing the dynamics of the mobile mapping market with their potential gravity during the forecast period.

Reasons to Buy This Report:
o It provides niche insights for a decision about every possible segment helping in the strategic decision-making process.
o Market size estimation of the mobile mapping market on a regional and global basis.
o A unique research design for market size estimation and forecast.
o Identification of major companies operating in the market with related developments
o Exhaustive scope to cover all the possible segments helping every stakeholder in the mobile mapping market.

Customization:
This study is customized to meet your specific requirements:
o By Segment
o By Sub-segment
o By Region/Country
o Product Specific Competitive Analysis

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: [email protected]
Web: www.quincemarketinsights.com

ABOUT US:

QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

Main Street investors bank profits on rally that Wall Street doubted - WHTC News

Posted: 18 Jun 2020 10:30 PM PDT

by

By Tom Westbrook and Cynthia Kim

SINGAPORE/SEOUL (Reuters) - Main Street investors who have reaped windfall gains from the steepest stock market rebound on record now seem to be making for safety, brokers say, just as Wall Street experts are advising clients to dip their toes into riskier assets again.

Over the past three months, the favourite stocks of "mom-and-pop" traders have run up even harder than the broader market's 40% rise.

But many of these novices, who began trading partly as entertainment and partly as plunging prices made stocks more attractive, now appear to be shifting strategy and cashing out of the frothiest sectors, or moving into safer-seeming bets.

Customers at Saxo Markets in Singapore have been reducing long positions at gathering pace this month. Asian investors with TD Ameritrade are selling soaring tech companies for banks, while other brokers report demand for blue chips.

The moves flip the image of retail investors as "moths," as they are called in Thailand for their reputation of being drawn to bright lights only to get burned, since small traders appear to have led rather than lagged professionals this time.

"Some of the pros on Wall Street might be pulling their hair out, saying that this fundamentally doesn't make sense," said Chris Brankin, chief executive at TD Ameritrade in Singapore.

"But I don't think they have anything to compare it with...whereas retail investors kind of go more with the money flow and sentiment of the markets."

A basket of stocks popular with retail investors, including Tesla , Moderna and Snap Inc , surged 61% from Wall Street's March low, compared with a 45% rise in a portfolio favoured by professionals, according to Goldman Sachs.

FORGET NUMBERS

Like other banks, Goldman analysts recommend clients avoid the energy sector, prefer utilities to financials and expect techs' hot run to continue. But Asian broker analysis suggests retail buyers are going their own way.

"Sometimes I think reports out of fancy brokerages are bullshit," said Lee Sang-hoon, a 37-year-old office worker in South Korea.

He has made a 44% return on his initial 140 million won ($115,740) investments since March, trading U.S. stocks in the Seoul night and relying on Google Trends data to track investor mood.

"When Google says there's going to be more buyers, I buy. Forget numbers, if the sentiment is strong, the market goes up."

Lee has exposure to volatile U.S. shale oil and gas, and does not plan to reduce his investments yet, but also holds local blue-chips to balance his portfolio.

TD Ameritrade said its Asia clients sold Apple and Tencent <0700.HK> last month, and bought Berkshire Hathaway and J.P. Morgan . Singapore's PhillipCapital said its customers, even in the 18-25 year-old bracket, were buying dividend-paying blue chips or cashing out.

Australia's biggest retail broker, CommSec, reported a shift away from volatile stocks such as Treasury Wine Estates and into big banks and miners.

To be sure, retail traders are still placing incredibly risky bets, such as on bankrupt car-rental company Hertz .

"I can't imagine that anyone who went to business school or works at an asset manager would buy shares in a bankrupt company," said Rob Almeida, global investment strategist and portfolio manager at mutual fund MFS in Boston.

"Historically, the retail investor is the last one at the party and they don't know the cops are on their way," he said.

But the fear of passing up a once in a lifetime chance is strong.

"Retail investors had missed out on the long-term big rally since the 2008 global financial crisis," said Taye Shim, president director of Indonesia's Mirae Asset Sekuritas.

"I think they are more encouraged to not let this one pass," he said.

(Reporting by Cynthia Kim in Seoul, Orathai Sriring in Bangkok, Fransiska Nangoy in Jakarta, Karen Lema in Manila, Noel Randewich in New York, Sujata Rao in London and Tom Westbrook in Singapore.; Writing by Tom Westbrook; Editing by Vidya Ranganathan and Kim Coghill)

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