Data Pack Q1 2021 TRAVEL - Criteo

Page created by Gloria Olson
 
CONTINUE READING
Data Pack Q1 2021 TRAVEL - Criteo
TRAVEL

Data Pack
Q1 2021
Data Pack Q1 2021 TRAVEL - Criteo
Executive Summary
Welcome to the Travel Data Pack. Every quarter, we analyze data
from our travel clients, including billions of dollars in transactions,
and conduct a global survey of travelers to uncover the latest trends.
Here's what we learned about the state of travel in Q1 2021:

Worldwide air travel is still down, but some countries like the US and Japan are starting
to recover, with domestic flights showing the most growth.

Hotel bookings worldwide are getting back on track, and vacation rentals is the first
travel category to surpass 2020 performance.

Travelers are still worried about Covid-19, but it's not stopping them from booking short
trips to see loved ones. That said, most travelers will stick to domestic trips for the next 12
months, divided almost equally between car travel and planes for their next trip.

Data and survey findings point to a travel renaissance in the Fall, with longer duration
trips planned and more rentals booked.

Fully refundable tickets, continued social distancing, and sanitation measures will be
key to earning customer trust and bookings moving forward.

See the supporting data and additional insights inside!
Data Pack Q1 2021 TRAVEL - Criteo
Agenda

         1   Q1 2021 Trends by Travel Category

         2   Travel Sentiment and Outlook

         3   Mobile and App Usage

         4   Recommendations
Data Pack Q1 2021 TRAVEL - Criteo
Air Travel
Q1 2021 Trends
Data Pack Q1 2021 TRAVEL - Criteo
Worldwide

                                                                Indexed Weekly Air Bookings YoY

                                              160
                                                          145
                                                                141
Worldwide air travel
                                                    138               137
                                              140                           134   132
                                                                                         124

remains down                                  120
                                                                                               108    105
                                                                                                            98
                                              100
In Q1 2020, air bookings dropped
                                               80
progressively as COVID-19 spread globally.                                                     62
                                                                                                      66    66   66   64         64
                                                    56                            56     57                                59
                                                          54    55    52    54                                   54
                                               60
One year later, air bookings remain down
36% in April 2021, growing slowly from -48%    40                                                                     30
                                                                                                                           21
earlier in January.                            20
                                                                                                                                 17

                                                0

                                                                                        2020        2021

                                              Source: Indexed bookings, worldwide, compared to average in December 2019.
                                              Same set of partners in the air category with stable sales tracking during the period.
Data Pack Q1 2021 TRAVEL - Criteo
US

                                                                Indexed Weekly Air Bookings YoY

                                                160             149         150
                                                                      147
                                                          143                            142
US air travel is
                                                                                  138          136         138
                                                140 132                                              132

recovering steadily                             120

                                                100
                                                                                                                 88    85           87
US air bookings dropped abruptly in March                                                            77    80                82
                                                 80                                            73
2020, as travel restrictions increased.                                     62
                                                                                  68      66
                                                                58
                                                 60 51    53          52                                         53
One year later, air bookings in the US are
seeing a steady increase, in step with rising    40
                                                                                                                       28    25     25
vaccination and confidence levels.
                                                 20

                                                  0

                                                                                        2020     2021

                                                Source: Indexed US bookings, compared to average in December 2019. Same
                                                set of partners in the air category with stable sales tracking during the period.
Data Pack Q1 2021 TRAVEL - Criteo
Worldwide

                                                                      Indexed Weekly Air Bookings YoY

                                                                   Americas                   EMEA                       APAC

Air travel recovery differs
                                                  140
                                                        123

by global region                                  120

                                                  100                               92
                                                              86     85                                        85
Air travel is improving quicker in the Americas         82                     83                                   83    81    81
                                                                          75                                                         76
and APAC than in EMEA, as COVID-19 still           80                                                          71
                                                                                                                    63
impacts the continent heavily, with a number                  57
                                                   60                               53   51               51
of lockdowns remaining in place across                                                         50
                                                                                                     46
                                                                                                                          42
Europe.                                            40                34   34
                                                                               28                                               30
                                                                                               25                                    26

                                                   20                                                12   10

                                                    0

                                                  Source: Indexed bookings, compared to average in December 2019. Same set
                                                  of Air players with stable sales tracking during the period.
Data Pack Q1 2021 TRAVEL - Criteo
Worldwide

                                                             2021 Domestic v. International Flights

                                                 110

Domestic flights are                             100

recovering more quickly
                                                  90

                                                  80

Domestic and international travels have both      70
been deeply impacted year over year.
                                                  60                          55
International flights saw the biggest drop as
                                                  50
travelers faced more restrictions and                              43
                                                                                                                       39
uncertainties.                                    40
                                                                                                           28
                                                  30
As of March 2021, international flights are
                                                  20
seeing a slow recovery, while domestic flights
are recovering more rapidly.                      10
                                                                     Domestic                               International

                                                                              February 2021     March 2021

                                                 Source: Index worldwide air bookings by destination compared to
                                                 the same period in 2020. Same set of travel clients with stable tracking of
                                                 bookings during the period.
Data Pack Q1 2021 TRAVEL - Criteo
Worldwide

                                                                      Average Booking Values YoY, Air
Air ticket prices                                       120
are ticking up                                                      100
                                                        100                                  95
In Q1 2021, international travels decreased as
COVID-19 was still spreading, impacting average          80
booking values in air travel.                                                                                         70
                                                                                                    67                       67

Travelers have also avoided high-ticket international    60                55
flights and instead opted to stay closer to home.
                                                         40
In order to entice potential bookers,
airlines made concessions in their pricing.
                                                         20
Booking values, however, have grown 22% from
January to February in 2021 and remain flat February
                                                          0
to March.                                                            January                 February                  March

                                                                                           2020   2021

                                                        Source: Indexed booking values, worldwide, Compared to average in January
                                                        2020. Same set of air players with stable sales tracking during the period.
Data Pack Q1 2021 TRAVEL - Criteo
Worldwide

                                                         Conversion Rate % by Region & Travel Category

                                                   130
                                                                                         123

Flyers are booking                                 120        118
                                                                    115

with confidence                                    110

                                                                                                      98             97
There are less people looking to                   100

travel compared to last year. However, air          90
travelers in all regions are showing more                                                                                          81
                                                    80
decisiveness in their selection, with conversion                          73
rates hovering near pre-pandemic levels.            70
                                                                                                62                         62
Hotels in the Americas and EMEA show a              60

higher rate of searches prior to booking,           50
compared to last year.
                                                    40
                                                                Americas                       APAC                       EMEA

                                                                                  Air    Car Rental    Hotel

                                                   Source: Indexed worldwide conversion rate % compared to average from
                                                   January 6th to March 15th, 2020. Same set of Travel Clients with stable sales
                                                   tracking during the period. Conversion Rate = SUM(BUYERS)/SUM(Visitors)
Hotel
Q1 2021 Trends
Worldwide

                                                                  Indexed Weekly Hotel Bookings YoY

                                                 140

Worldwide hotel bookings                         120
                                                       118
                                                             114   112
                                                                         107
are getting back on track                        100                           95   95
                                                                                          87

                                                  80                                            73
                                                                                                       70
Hotel bookings dropped throughout Q1 last                                                                   61
                                                                                                       59        59   58
year, globally.                                   60                                            54                          53    53
                                                                                          50                60   49
                                                                               46   47
                                                       42                41
                                                             39    39
                                                                                                                      36
                                                  40
                                                                                                                            26
                                                                                                                                  19
In Q1 2021, hotel bookings surpassed 2020         20
levels near mid-March, as vaccine distribution
increased in a number of countries.                0

                                                                                         2020        2021

                                                  Source: Indexed worldwide bookings, Compared to average in December
                                                  2019. Same set of partners in the hotel category with stable sales tracking during
                                                  the period.
US

                                                                 Indexed Weekly Hotel Bookings YoY

                                                 160

US hotel rooms are                               140 133
                                                            138
                                                                  133
                                                                        125   127
                                                                                    134    132
                                                                                                 126

filling up again                                 120
                                                                                                        118

                                                                                                              99                     97
                                                 100                                                               94   93   93
                                                                                                 85     88    88
In the US, bookings dropped dramatically in
                                                  80                                73     74
March 2020.                                                 63          63    66                                   69
                                                       57         60
                                                  60

                                                  40                                                                    33
After over a year in lockdowns, bookings for                                                                                 26      23
hotels in the US are up in March, just in time    20

for Spring. The trend in Q1 suggests a strong
                                                   0
desire to reconnect and/or getaway.

                                                                                          2020        2021

                                                  Source: Indexed US hotel bookings, Compared to average in December 2019.
                                                  Same set of partners in the hotel category with stable sales tracking during the
                                                  period.
Worldwide

                                                                Indexed Weekly Hotel Bookings YoY

                                                               Americas                   EMEA                       APAC

Hotel recovery differs by
                                               140

global region                                  120

                                                     96
                                               100
The latest lockdowns in Europe at the end of              82     80        82
                                                     78               78
Q1 2021 have negatively impacted the trend,     80
                                                                                66                         65
                                                                                                                62    62
while hotels are improving quickly in the                 58                                               57               56   55
                                                60                                                              53
Americas, particularly in the United States.
                                                                                                                      40
                                                                                37   36
                                                40                                         30
                                                                 28                                   29                    28
                                                                                                 25
                                                                      22   20        21                                          21
                                                20                                         14
                                                                                                 11   10

                                                 0

                                               Source: Indexed bookings, compared to average in December 2019. Same set
                                               of Hotel players with stable sales tracking during the period.
Worldwide

                                                             Average Booking Values YoY, Hotel

                                                110

Hotel rooms are seeing                          100
                                                            100                                                  99

increased demand                                                                       96
                                                                                                                        94

                                                 90
                                                                                              86
Average booking values saw steady growth
                                                                    80
in Q1 2021, with March almost at 2020 levels.    80

This trend reflects greater demand for hotel
                                                 70
rooms, and slightly longer average stays.

                                                 60

                                                 50
                                                              January                  February                   March

                                                                                    2020    2021

                                                Source: Indexed worldwide booking values, Compared to Average in January
                                                2020. Same set of Hotel Partners with stable sales tracking during the period.
Vacation Rentals
Q1 2021 Trends
Worldwide

Vacation rentals are the first travel category to surpass 2020 performance

                                              Indexed Daily Bookings YoY, Vacation Rentals

300

                           252
                244
250                                    233
                                                  217
      203                                                     209         204
                                                                                     193
200

                                                                                                 144
150                                                                                                          127
                                       118                    123
                                                  115                     110                    113                    111         115                          111
      108       105                                                                  106
                            96                                                                                                                  98
100                                                                                                                                                    81
                                                                                                             104        103          62
                                                                                                                                                41               42
 50                                                                                                                                                    34

  0

Source: Indexed Daily Bookings, compared to Average in December 2019. Same set of Travel Clients with stable bookings tracking during the period.
US

US vacation rentals grew significantly throughout Q1 2021

                                                Indexed Daily Bookings YoY, Vacation Rentals

160
               142         140         139
140 132                                           133         132        132         134        133                                131
                                                                                                            128

120                                                                                                         113        113                     111
                                                                                                                                                               101
                                                                                                 94                                                  97
100                                                                                                                    108
                                                                                     88
                                                              78          80
                74          73         75          75
 80
      65
 60
                                                                                                                                    48         46    48
                                                                                                                                                               40
 40

 20

  0

Source: Indexed Daily Bookings, compared to Average in December 2019. Same set of Travel Clients with stable bookings tracking during the period.
Worldwide

                                                      Indexed Weekly Booking YoY, Vacation Rentals

                                                                     Americas                     EMEA                        APAC
                                                                                            133
Vacation rentals are
                                                140
                                                                                      127
                                                                                                              122
                                                                                      117
recovering more quickly                         120
                                                            109
                                                                                                   113

                                                                                                         98
in EMEA                                         100
                                                      96
                                                           95
                                                                       93
                                                                            82   84
                                                 80
Europe is leading the recovery in vacation                                                  68

rentals, as domestic and 'workation' getaways    60
                                                                                                              49    47
are seen as suitable travel opportunities.                      41          40
                                                                                                   45               45   45
                                                                                                                               41    41   40
                                                                       38                                38              38
                                                 40                              34
APAC remains close to March 2020 lows, with                                                                                    26
improvements suspended in recent weeks.          20
                                                                                                                                     16   16

                                                  0

                                                Source: Indexed bookings, compared to average in December 2019. Same set
                                                of Vacation Rentals players with stable sales tracking during the period.
Worldwide

                                                      Average Booking Values YoY, Vacation Rentals

                                                120

Longer, safer stay                              110
                                                                                              109

perception of rentals keeps
                                                                    104                                                 104
                                                            100
                                                100
average booking values                                                                 92

above 2020 levels                                90
                                                                                                                 85

                                                 80
Average booking values have remained
consistently higher than last year. Travelers    70
continue to book rentals, which provide the
best long-term options and social distancing.    60

                                                 50
                                                              January                  February                   March

                                                                                    2020    2021

                                                Source: Indexed worldwide booking values, Compared to Average in January
                                                2020. Same set of Travel Clients with stable sales tracking during the period.
Car Rentals
Q1 2021 Trends
Worldwide

Worldwide car rentals are holding steady

                                                    Indexed Daily Bookings YoY, Car Rentals

300

                           252
                244
250                                   233
                                                 217
      203                                                   209         204
                                                                                   193
200

                                                                                              144
150                                                                                                 127
                                      118                   123
                                                 115                    110                   113         111   115                111
      108       105                                                                106              104
                            96                                                                                        98
100                                                                                                                         81
                                                                                                          103   62
                                                                                                                      41           42
 50                                                                                                                         34

  0

      Source: Indexed daily bookings, worldwide, compared to average in December 1-28 2019.
      Same set of travel clients with stable bookings tracking during the period.
Worldwide

US car rentals are recovering slowly

                                                  Indexed Daily Bookings YoY, Car Rentals

160
                                                          137        140         138
140                                 133                                                  134
                         130                   130
                                                                                               123
              117
120
      100
100

 80                                                                                                  68
                                                                                                          62   61    60     63
                                                                                               57
 60                                                                                      49
               46         43                    43                               44
      41                             41                    41         41                             59
 40                                                                                                       32
                                                                                                               21    18     19
 20

  0

 Source: Indexed daily bookings, worldwide, compared to average in December 1-28 2019.
 Same set of travel clients with stable bookings tracking during the period.
Worldwide

                                                            Indexed Weekly Booking YoY, Car Rentals

                                                                     Americas                   EMEA                         APAC

APAC sees the quickest
                                                  140

recovery of car rentals                           120
                                                                                                                 105
                                                                                                                       100
                                                                                                                                         97
                                                  100
                                                                                                                              88
While EMEA and the Americas have seen a                                               81                         79                 81
very similar impact of COVID-19 on car rentals,    80 73

APAC demonstrates an early recovery for this                    56     55
                                                                                 58
                                                   60                       53        51
travel sub-category.                                       56                              48    49                    50
                                                                                                       46   47
                                                                42
                                                   40                                      33                                 32
                                                                                                                                    26
                                                                                                                                         23
                                                                                 20              20    19
                                                                            16                              17
                                                   20                  13

                                                    0

                                                  Source: Indexed bookings, compared to average in December 2019. Same set
                                                  of Car Rentals players with stable sales tracking during the period.
Worldwide

                                                          Average Booking Values YoY, Car Rentals

                                                  110
                                                                                                                          105
Demand has stayed                                 100
                                                              100
                                                                      98
                                                                                        102
                                                                                                100

steady, as many look to                                                                                            96

drive instead of fly                               90

                                                   80
Month-over-month and year-over-year,
average bookings for car rentals have
                                                   70
remained consistent worldwide.

Shortages in availability have been felt by        60
many travelers as they search for
transportation methods outside of air for their    50
getaways.                                                       January                  February                   March

                                                                                      2020    2021

                                                  Source: Indexed worldwide booking values, Compared to average in January
                                                  2020. Same set of travel clients with stable sales tracking during the period.
Travel Sentiment and Outlook
Worldwide

                                                 Share of respondents who strongly or somewhat
                                                  agree with “I feel personally concerned about
                                                     contracting COVID-19 while traveling”

                                                        Spain                             72%

                                                         Italy                          68%
Travelers are still worried                            Japan                           67%
about COVID-19...                                South Korea                           66%

6 out of 10                                                US                        62%

                                                           UK                        61%
US and global travelers* say that they feel
personally concerned about contracting              Australia                       58%
COVID-19 while traveling.
                                                      France                     50%

                                                   Germany                       50%

                                                      Global                         62%

                                              Source: Travel survey, Q1 2021 base: All respondents Global n=11,161

                                              *Base: US travelers are defined as respondents who plan to travel at least once
                                              in the next 12 months.
Worldwide

                                                    Share of respondents who plan to travel in the
                                                                   next 6 months.
                                                   Germany                               75%

...but it's not stopping                                Spain                           75%

them from planning                                  Australia                         70%
personal trips                                  United States                         69%

Two-thirds of US and global                              Italy                        69%

respondents plan to travel for personal      United Kingdom                           68%
purposes in the next 12 months.
                                                      France                          67%

                                                 South Korea                         66%

                                                       Japan                      57%

                                                      Global                          69%

                                          Source: Travel survey, Q1 2021 base: All respondents Global n=11,161

                                          *Base: Combined personal and business trips in the next 6 months
Worldwide

                                                             When are you planning your next trip? (Global data)
                                                                   (Applies for all travel, both short- and long-distance).

Travelers are most eager to                                          Personal (visiting
visit family and friends                                              family/friends)
                                                                                            21%         20%          19%        19%         20%

ASAP
In the next month respondents are more likely
                                                            Personal (leisure/holiday)    12%     17%          25%            26%           20%
to travel to visit their family/friends than for
leisure/holiday purposes.

60% plan to visit family/friends within
6 months.                                                                     Business    14%     14%        15%      22%             35%

54% plan to travel for leisure/holiday
reasons in the next 6 months.
                                                               Within the next month      In 2-3 months              In 4-6 months
                                                               In more than 7 months      I don't know yet

Source: Travel survey, Q1 2021, US, base: Respondents who    Source: Travel survey, Q1 2021, Worldwide, base: Respondents who plan to travel
plan to travel                                               Personal (visiting family/friends) n=10415
Personal (visiting family/friends) n=1304                    Personal (leisure/holiday) n= 10508
Personal (leisure/holiday) n= 1268                           Business n=5776
Business n=660
Worldwide

                                                         When are you planning your next trip? (Share of
                                                             respondents “within the next month”)
                                                           (Applies for all travel, both short- and long-distance).

                                                       Country        Personal visiting family/friends – Within the next month    N=*

Travelers are most eager to                               US                                   21%                               1304

visit family and friends                                France                                 14%                               1125

ASAP                                                   Germany                                 26%                               1156

                                                         Italy                                 16%                               1150
In the next month US respondents are
more likely to travel to visit their family/friends      Spain                                 26%                               1147
than for leisure/holiday purposes.
                                                          UK                                   16%                               1199

60% plan to visit family/friends within                Australia                               26%                               1149
6 months.
                                                        Japan                                  21%                               1064
54% plan to travel for leisure/holiday
                                                      South Korea                              25%                               1121
reasons in the next 6 months.
                                                        Global                                 21%                               10,415

                                                      Source: Travel survey, Q1 2021, Worldwide, base: Respondents who plan to travel
Worldwide

                                                                      For how long do you plan to travel?
                                                                                        (Global data)

Family/friend visits will be                                  Personal (visiting
                                                               family/friends)
                                                                                            32%              27%            22%          20%

shorter stays

59% plan to stay 0-4 nights with family/friends      Personal (leisure/holiday)       17%          24%               32%                27%

(US: 59%).

More than half are booking longer stays for
leisure/holiday trips.
                                                                       Business              37%                   30%            20%         13%

                                                         0-2 nights      3-4 nights     5-7 nights       8 nights or more

                                                       Source: Travel survey, Q1 2021, Worldwide, base: Excludes respondents who
Source: Travel survey, Q1 2021, US, base: Excludes
                                                       don’t know yet
respondents who don’t know yet
                                                       Personal (visiting family/friends): n=8549
Personal (visiting family/friends): n=1064
                                                       Personal (leisure/holiday): n=8888
Personal (leisure/holiday): n=1042
                                                       Business: n= 4256
Business: n= 520
Worldwide

                                                                For how long do you plan to travel?
                                                                                    (short stays)

                                                   Country       Short stays (0-4 nights) – Personal (visiting family/friends)    N=

Family/friend visits will be                          US                                     59%                                 1304

shorter stays                                       France                                   40%                                 1125

                                                   Germany                                   60%                                 1156

                                                     Italy                                   58%                                 1150
59% plan to stay 0-4 nights with family/friends
(US: 59%).                                           Spain                                   52%                                 1147

More than half are booking longer stays for           UK                                     64%                                 1199

leisure/holiday trips.                             Australia                                 46%                                 1149

                                                    Japan                                    86%                                 1064

                                                  South Korea                                66%                                 1121

                                                    Global                                   59%                                 10,415

                                                   Source: Travel survey, Q1 2021, Worldwide, base: Excludes respondents who
                                                   don’t know yet
US

                                                     Which transportation services do you plan to use for
                                                                        your next trip?

                                                                                                                                 49%
Two-thirds of US respondents                         Personal vehicle
                                                                                                                           44%
say that they are likely to                                                                                              43%
favor car travel over planes                                   Plane
                                                                                                                               47%

                                                                                             22%
60% of Boomers and Silent generation in the                Car rental
                                                                                       17%
US plan to use their personal vehicle to limit
their exposure to others.                                                      11%
                                                           Car share
                                                                             9%
Conversely, 66% of Gen Z and Millennials and
nearly half of US travelers are more likely to fly                             11%
                                                                Train
for their next trip.                                                                            24%

                                                                                     US       Worldwide

                                                      Source: Travel survey, Q1 2021, US, base: All respondents, n=1362/ Worldwide n=
                                                      11161
EMEA

Nearly half of travelers are likely to fly for their next trip

                                      Which transportation services do you plan to use for your next trip?

                  52% 52%
                                          50%
            46%             46% 47%                       45% 44% 44%
      44%

                                                39% 39%

                                                                                 29% 29%

                                                                           24%              24% 23% 24%

                                                                                                                      16% 15% 17%         17%

                                                                                                                11%                 12%                 11%
                                                                                                                                                              9% 8% 9%
                                                                                                                                                5% 5%

                   Plane                        Personal vehicle                      Train                             Car rental                      Car share

                                                               France   Germany     Italy      Spain      UK   Worldwide

Source: Travel survey, Q1 2021, base: All respondents, France n=1232/Germany n=1222/ Italy n=1214/ Spain n=1205/ UK n=1258 / Worldwide n= 11161
APAC

Nearly half of travelers are likely to fly for their next trip

                                 Which transportation services do you plan to use for your next trip?

        54%
                    48% 47%                    48%
                                         44%               44%                   43%
              42%
                                                     38%

                                                                                             24%                      24%
                                                                                       22%
                                                                                                           20% 20%
                                                                           16%                                                17%             16%

                                                                                                                                    8%                9%
                                                                                                                                         6%

                Plane                       Personal vehicle                       Train                         Car rental              Car share

                                                               Australia   Japan    South Korea     Worldwide

Source: Travel survey, Q1 2021, base: All respondents, Australia n=1230/ Japan n=1200/ South Korea n=1238/ Worldwide n= 11161
US

                                                       Which accommodation services do you plan
                                                                to use for your next trip?

                                                                                                                         56%
                                                                              Hotel
                                                                                                                           61%

More stays will be in hotels                                                                                       42%
                                                        Personal accommodation
                                                                                                             34%
Deep discounts, flexible cancellation policies,
and more rigorous sanitation practices are                                                       18%
                                                                    Housing rental
attracting more US and global travelers, with                                                          25%

56% and 61% declaring that they would stay                                                  14%
                                                                         Camping
at a hotel during their next trip.                                                         13%

                                                                                           11%
                                                                            Cruises
                                                                                       8%

                                                                                      US     Worldwide

                                                  Source: Travel survey, Q1 2021, US, base: All respondents, n=1362/ Worldwide n= 11161
EMEA

More stays will be in hotels

                                    Which accommodation services do you plan to use for your next trip?

                      63%
            61% 61%               61%

                            55%

      45%
                                                           40%
                                         38%                     37%
                                               36%                               35%                 36%
                                                                       34%                   35%
                                                     31%

                                                                                       25%                 24% 25%
                                                                                                                          20%

                                                                                                                                14%                 13%
                                                                                                                                              10%                   11%
                                                                                                                                      8% 9%                    8%                 8%
                                                                                                                                                          5%              6% 6%

                Hotel                    Personal accommodation                        Housing rental                                 Camping                       Cruises

                                                             France          Germany         Italy         Spain     UK   Worldwide

Source: Travel survey, Q1 2021, base: All respondents, France n=1232/Germany n=1222/ Italy n=1214/ Spain n=1205/ UK n=1258 / Worldwide n= 11161
APAC

More stays will be in hotels

                              Which accommodation services do you plan to use for your next trip?

                  86%

                        63% 61%
            58%

                                             44%
                                                               34%
                                                         28%                  27%               25%
                                                                                                                          20%
                                                                                          14%                  14% 13%          13%
                                                   11%                              11%
                                                                                                                                      8% 5% 10% 8%

                     Hotel                 Personal accommodation                 Housing rental                     Camping              Cruises

                                                          Australia      Japan       South Korea       Worldwide

Source: Travel survey, Q1 2021, base: All respondents, Australia n=1230/ Japan n=1200/ South Korea n=1238/ Worldwide n= 11161
US

                                                                          What activities are you
                                                                       seeking during your next trip?
Reconnecting tops
relaxation as the next                                                   Visiting family/friends
                                                                                                                                     68%

trip's main activity                                                                                                           58%

                                                                    Relaxation (spa, reading,                      40%
Increased vaccination rates and eased COVID-                          yoga/meditation, etc.)
                                                                                                                         49%
19 restrictions have travelers excited about
finally reuniting with family and friends during                                                                 34%
                                                         Cultural activities (events, concerts,
their next trip. This is especially true for older       guided tours, theme park visits, etc.)
                                                                                                                   42%
generations in the US, with 74% selecting it as
their next trip's primary activity.                                                                        22%
                                                          Outdoor sports (skiing, biking, etc.)
After being mostly stuck at home for about a                                                               24%
year, US Gen Z and Millennials will be relaxing
(45%), planning cultural activities (40%) or                                                         12%
                                                                            Remote working
enjoying outdoor sports (30%), as well as visiting                                                   9%
their family/friends (62%) during their next trip.
                                                                                        US         Worldwide

                                                     Source: Travel survey, Q1 2021, US, base: All respondents, n=1362/ Worldwide n= 11161
EMEA

Reconnecting tops relaxation as the next trip's main activity

                                              What activities are you seeking during your next trip?

                        64% 65%
      62%
            58%                   58%                                                                57%
                  55%                         55%

                                                          48%         49%                    48%
                                        45%                                      44%
                                                    43%                                                          42%
                                                                42%
                                                                                       40%
                                                                                                           38%
                                                                                                                            33%

                                                                                                                                  27%         28%
                                                                                                                                                          24%

                                                                                                                                        17%         17%

                                                                                                                                                                        11%
                                                                                                                                                                                      9%
                                                                                                                                                                6% 6%         6% 7%

        Visiting family/friends                 Relaxation                             Cultural activities                        Outdoor sports                  Remote working

                                                           France           Germany          Italy         Spain       UK     Worldwide

Source: Travel survey, Q1 2021, base: All respondents, France n=1232/Germany n=1222/ Italy n=1214/ Spain n=1205/ UK n=1258 / Worldwide n= 11161
APAC

Reconnecting tops relaxation as the next trip's main activity

                                           What activities are you seeking during your next trip?

        70%
                                               62%
                          58%
                                         51%         53%
                                                            49%
              41% 40%                                                     41% 41% 39% 42%
                                                                                                                 32%

                                                                                                           22%         22% 24%
                                                                                                                                         14%
                                                                                                                                 8% 7%         9%

        Visiting family/friends                Relaxation                   Cultural activities               Outdoor sports      Remote working

                                                              Australia   Japan      South Korea    Worldwide

Source: Travel survey, Q1 2021, base: All respondents, Australia n=1230/ Japan n=1200/ South Korea n=1238/ Worldwide n= 11161
Worldwide

                                                        Indexed Bookings by Season of Travel, by
                                                                    Category, YoY

                                                 110                                                                           105                      103
                                                 100

                                                  90
Full recovery begins this Fall                                                                         79                                              79
                                                  80
                                                                                                                                             71
Looking at bookings made between                  70                         67
                                                                                                                                        63
February 1st and March 15th, 2021, vacation
                                                  60
rentals appear to be the first travel                                   52
                                                                                                  48
category to fully recover, with 5% more rental    50                                                         45
                                                         42                                                                   43
reservations made for the fall season than        40          35                                                       36
what was recorded during the same period                                           33
                                                                                                                  28                              29
in 2020.                                          30

                                                                                        19
                                                  20                                         17
                                                                   14

                                                  10
                                                              Spring                    Summer                         Fall                  Winter

                                                                         Air      Car Rental           Cruises     Hotel           Rentals

                                                 Source: Index worldwide bookings by season of check-in, for bookings made
                                                 between February 1st and March 15th, 2021, compared to the same period in
                                                 2020. Same set of Travel Clients with stable sales tracking during the entire period.
Worldwide

                                                   Indexed Travel Duration by Quarter of Travel, YoY

                                                   110
                                                                                                                            105

                                                   100

                                                                                     89                 90
Travel duration will increase                       90
                                                                 85

                                                    80

Compared to the average duration of travel
                                                    70
booked between February 1st and March 15th,
2020 (i.e. before first lockdowns in western        60
countries), bookings made during the same period
                                                    50
one year later show that average travel duration
will increase progressively and outperform pre-     40
COVID travel durations by Q4 2021.
                                                    30

                                                    20

                                                    10
                                                            1st Quarter        2nd Quarter          3rd Quarter         4th Quarter

                                                   Source: Index Average Travel Duration by season of check-in, for bookings made
                                                   between February 1st and March 15th, 2021, compared to the same period in
                                                   2020. Same set of Travel Clients with stable sales tracking during the entire period.
Worldwide

                                                               What are the destinations that you are likely to
                                                                 make an online booking for (e.g., flight,
                                                                           hotel / lodging, etc.)?
Travel will be mostly
                                                                                             Domestic                                     International
domestic trips for the                                      Country
                                                                                              Travels                                        Travels *

next 12 months                                                 US                               84%                                             34%

                                                            France                              64%                                             58%

Travel restrictions and sanitation concerns are            Germany                              58%                                             67%
keeping travelers within their borders.
                                                              Italy                             80%                                             50%
This is especially true for older generations (92%
Boomers & Silent/87% Gen X vs. 84% overall).                 Spain                              83%                                             49%

Gen Z & Millennials are a bit more adventurous, with           UK                               67%                                             58%
1 in 4 planning to travel internationally in countries
                                                           Australia                            86%                                             35%
allowing US citizens to visit, like Mexico.
                                                            Japan                               89%                                             29%
Only 35% plan to travel internationally in the next 12
months, even if given a vaccine and COVID-               South Korea                            65%                                             54%
19 Passport, while 69% say they will favor domestic
travels due to Covid-19.                                    Global                              75%                                             48%

                                                         Source: Travel survey, Q1 2021, US, base domestic travels: All
                                                         respondents
                                                         *International travels: respondents who plan to travel internationally at least once in the
                                                         next 12 months. US n=1362/ Worldwide n= 11161/ France n=1232/Germany n=1222/ Italy
                                                         n=1214 / Spain n=1205/ UK n=1258/ Australia n=1230/ Japan n=1200/ South Korea n=1238
Worldwide

                                                                                     Indexed Air Bookings by Country of
                                                                                          Departure & Destination

                                                                                                                                                 Greece +65%

Those who are traveling                                                                                                     France
                                                                                                                                                 Italy +40%
                                                                                                                                                 Spain +31%

abroad are seeking
                                                                                                                                                 Domestic 23%
                                                                                                                                                 United States +10%

fun in the sun                                                                                                                                   Croatia +76%
                                                                                                                                                 Greece +59%
                                                                                                                           Germany               Italy +38%
Globally, there are 5 destinations with the highest                                              Croatia +66%
                                                                                                                                                 Spain +32%
                                                                                                                                                 France +26%
increase in March 2021, showcasing a strong                                                      Puerto Rico +64%
desire to have fun in the sun again.                                  Worldwide                  Greece +55%
                                                                                                 Virgin Islands +49%
For travels departing from the US, the top                                                       Bahamas +45%                                    Greece +35%
                                                                                                                                                 Thailand +25%
trending international destinations are Puerto                                                                              United
                                                                                                                                                 United States +17%
Rico, the Bahamas, and the Virgin Islands.                                                                                 Kingdom               Domestic +13%
                                                                                                                                                 India +6%
For travels departing from Germany, the top
trending international destinations are Greece
                                                                                                                                                 Puerto Rico +71%
and Croatia. Other European countries see the
                                                                                                                                                 Panama +67%
same destinations trending.                                                                                                  United
                                                                                                                                                 Bahamas +63%
                                                                                                                             States              Domestic +53%
                                                                                                                                                 Virgin Islands +50%

                                                      Indexed worldwide air bookings by destination, March 2021, compared to average in
                                                      December 2020. Global. Top trending destinations are the destinations with the highest
                                                      increase in March 2021, not the destinations with the most travels.
Worldwide

Reasons not to travel are mostly pandemic-related

                                 What are the reasons why you won’t be traveling in the next 12 months?

                                                                                                                                            South
                                                                                US    UK    France        Germany   Italy   Spain   Japan           Australia   Global
                                                                                                                                            Korea

              I don’t want to contract COVID-19 while traveling                 29%   30%     25%           35%     30%     25%     40%     51%       29%        36%

                  I am waiting for the situation to get better                  23%   33%     32%           32%     34%     32%     28%     23%       24%        28%

                       I have been financially impacted                         24%   16%     16%           21%     11%     26%     15%      9%       24%        17%

                          I can’t take any vacations                            19%   11%     15%           8%      24%     21%     21%     10%       18%        16%

 I am waiting to receive the COVID-19 vaccine before starting to travel again   10%   12%     11%           23%     18%     10%      5%      8%       15%        10%

My country expects me to take a COVID-19 test before leaving / coming back      5%    8%      6%            8%      5%       8%      5%     11%        5%        7%

                     Because of quarantine/self-isolation                       9%    9%                    11%     7%      12%      5%      6%       10%        7%

         I can’t travel in the countries I would like to (borders closed)       5%    4%      2%            7%      1%       8%      4%      6%        8%        5%

                                       N=                                       293   171     208           215      91     104      609     430      134       2,255

Source: Travel survey, Q1 2021, base: Respondents who don’t plan to travel at all in the next 12 months
Worldwide

2021 travelers care about refundable tickets

                   Share of travelers who are more likely to book travels if bookings are fully refundable

  Country             US            France         Germany             Italy           Spain             UK           Australia         Japan   South Korea   Global

  Share of
                     65%              66%             53%              64%              74%             67%              73%              51%      59%         64%
respondents

     N=              1362            1232             1222             1214            1205             1258             1230            1200      1238       11,161

Source: Travel survey, Q1 2021

Base : Respondents who strongly and somewhat agree with "I am more likely to buy air / train / cruises tickets if they are fully refundable "
Worldwide

Social distance and sanitation remain a must

                  How has COVID-19 changed the importance in the following areas when traveling? (more important)

      Country                US           France         Germany   Italy   Spain   UK     Australia   Japan   South Korea    Global

  Ability to social
                            77%             75%            67%     89%     87%     76%      78%       83%        79%          79%
    distancing

   Availability of
                            71%             70%            72%     86%     84%     72%      75%       77%        76%          76%
    healthcare

     Sanitation             79%             77%            79%     89%     89%     78%      81%       82%        78%          81%

         N=                 1362           1232           1222     1214    1205    1258     1230      1200       1238        11,161

3 out of 4 US travelers declared giving more importance to social distance, healthcare, and sanitation when traveling.

Source: Travel survey, Q1 2021, base: All respondents,
US

                                                            Do you travel with a pet(s)?

                                                                                                           US         WW
Traveling with a pet
remains a challenge
                                                      I don't have a pet or don't intend to
                                                                                                           43%       51%
                                                               travel with him/her

                                             I travel with my pet, and this is not a concern to me         20%       17%
14% of travelers have troubles
flying with their pets (US: 13%),            I have a pet, but traveling by car with him/her is not
                                                                                                           14%       11%
                                                           possible or is a challenge
suggesting a significant
opportunity for airlines - especially      I have a pet, but flying with him/her is not possible or is a
                                                                    challenge
                                                                                                           13%       14%

when airplanes are not flying at full
                                            I have a pet, but finding accommodations suitable for
capacity.                                           him/her is not possible or is a challenge
                                                                                                           12%       12%

                                            I have a pet, but traveling by train with him/her is not
                                                                                                           8%         9%
                                                          possible or is a challenge

                                        Source: Travel survey, Q1 2021, US, base: All respondents, n=1362/ Worldwide n=
                                        11161
Mobile and App Usage
Worldwide

                                                                                 Bookings by Device

                                                                                              2020

                                                                        36%
                                                             47%                    53%        46%        48%        46%
                                                                                                                                57%
The post-COVID world
is mobile-first                                                         64%
                                                             53%                    47%        54%        52%        54%
                                                                                                                                43%
Even with more people working from home
due to COVID-19 restrictions, eager travelers              Worldwide    United     Japan    South East   France   Germany      United
                                                                        States                 Asia                           Kingdom
increased the share of mobile web bookings,
and mobile has overtaken desktop with now
51% of transactions.                                         51%
                                                                        40%
                                                                                   49%                    49%
                                                                                              64%                    56%
                                                                                                                                74%

                                                                        60%
                                                             49%                   51%                    51%        44%
                                                                                              36%
                                                                                                                                26%

                                                Desktop                                       2021
                                                Mobile
                                                          Source: Share of bookings by device in travel, App Excluded, Q1 2021 vs Q1 2020. SEA
                                                          includes Indonesia, Singapore, Philippines, Vietnam, Thailand, Malaysia
Worldwide

                                                                    Bookings by Site Type, Q1 2021 vs 2020

                                                  2020
                                                            15%                         7%                                                    13%
                                                                                                             19%
App usage keeps                                                                 32%                                      46%                        17%
                                                                        51%
increasing globally                                      33%                                    61%
                                                                                                            34%                     69%

Travel players with a booking app have seen
app usage grow in all regions, particulary in               Worldwide                  Americas                   EMEA                    APAC
APAC, where app has also stolen share from
mobile web.
                                                                                       12%                                                    10%
                                                           18%                                               21%
Despite less mobility globally in 2020, desktop                         41%
                                                                                                                         35%                        13%

has decreased 10pts YoY.                                                         35%
                                                                                                  54%

                                                          41%                                                                         77%
                                                                                                                44%

                                                  2021

                                                                                       App            Desktop         Mobile

                                                  Share of bookings by site type for Travel Players with a booking App, Q1 2021 vs Q1 2020.
US

                                                      “I will give consent to travel apps to collect my
                                                          information to get personalized content”
Half of travel app users will
share information to get
personalized content
                                                       US                  47%                       24%               29%

When it comes to giving consent to travel
apps to collect their information in order to
get personalized content, younger
generations in the US are more likely to do so.
(65% of US Gen Z and Millennials, 52% of Gen
X vs 28% of Boomers & Silent).                    Global                     52%                         25%             23%

                                                    Agree    Neither agree nor disagree     Disagree

                                                  Source: Travel survey, Q1 2021, US, base: All respondents, n=1362

                                                  Source: Travel survey, Q1 2021, Worldwide, base: All respondents, n=11161
US

                                                   How are you most likely to book flights for personal
                                                          travel during the next 12 months?

When booking a flight, airline                    On the website of the airline
                                                                                                                               54%

                                                                                                                     44%
websites and online travel
agency (OTA) websites are                              On the website of online
                                                               travel agencies
                                                                                                                    41%

                                                                                                                      47%
used almost equally
                                                           On the app of online                          28%

Worldwide, slightly more will book on an OTA                    travel agencies                                35%
website vs. directly on an airline website.
                                                                   On the app of                         27%
A larger majority of US travelers (54%) plan to                        the airline
                                                                                                       25%
book flights on an airline website directly.

                                                                                     US    Worldwide

                                                  Source: Travel survey, Q1 2021, US, n=584 / Worldwide n=5274

                                                  Base: Respondents who plan to book a flight for their next trip
US

                                                                How are you most likely to book
                                                        your hotel / lodging for personal travel during the
                                                                         next 12 months?

                                                                                                                                  63%
Hotel websites and online                                 On the website of the hotel / lodging
                                                                                                                            50%

travel agencies (OTAs) are                             On the website of online travel agencies
                                                                                                                      41%
                                                                                                                            52%
also used nearly equally for                                                                                 27%
booking lodging                                               On the app of the hotel / lodging
                                                                                                             27%

                                                                                                             27%
                                                          On the app of online travel agencies
Again, US travelers favored booking directly on                                                                33%
the hotel/lodging website more than using an
                                                        Physical visit to the hotel / lodging sales    16%
online travel agency website: 3 in 5 US travelers                  office / Phone call
plan to book their next hotel directly on the                                                         14%
hotel/lodging website.                                                                                8%
                                                    Physical visit to travel agencies / Phone call
                                                                                                      12%

                                                                                           US    Worldwide

                                                     Source: Travel survey, Q1 2021, US, n=769/ Worldwide: 6730

                                                     Base: Respondents who plan to book a hotel for their next trip
US

                                                           How are you likely to book a car rental
                                                       for personal travel during the next 12 months?

                                                                                                                             63%
6 out of 10 travelers                              On the website of a car rental company
                                                                                                                             61%

worldwide will rent a car                                On the website of online car rental                  32%
                                                                    agencies
directly on the car rental's                                                                                     37%
                                                                                                         25%
website                                               On the app of a car rental company
                                                                                                               33%
                                                                                                        22%
Older generations mostly plan to book a car       On the app of online car rental agencies
                                                                                                          27%
rental directly on the website of a car rental
                                                     Physical visit to the car rental company       19%
company. Younger generations would                          sales office / Phone call
                                                                                                     21%
equally book through a website of a
                                                                                                  15%
car rental company or an online car rental       Physical visit to car rental agencies / Phone
                                                                        call
                                                                                                  16%
agency.
                                                                                      US    Worldwide

                                                  Source: Travel survey, Q1 2021, US, n=299 / Worldwide n=1939

                                                  Base: Respondents who plan to book a car rental for their next trip
Recommendations
2021: Preparing for Take-Off
Navigating the runway to recovery

     Our data and survey findings show that recovery is on the
     horizon and with it comes a reshaping of the travel industry.

     Traveler behaviors have changed in terms of how and why they
     book a trip, and what they require to feel safe and confident.

     Learn how travel providers can deliver an experience that will
     meet these new expectations and increase bookings, including:

     •   4 things that can make or break a reservation

     •   Tips for ad campaigns that will drive conversions now and fill
         your pipeline for the fall/winter recovery
4 Ways to Increase Bookings
Takeaways from our traveler survey

Provide fully refundable bookings, to address travelers'
fear of uncertainty regarding domestic
and international travels.

Continue to maintain social distancing standards and
communicate sanitation procedures to put travelers at
ease.

Optimize your mobile web site and app user
experience, now that mobile has a larger share of
transactions.

Amplify your pet-friendly messaging, to encourage
those who have trouble traveling with their pets to
consider booking with you.
Drive Bookings During the Summer “Travel Boom”
Lean into lifestyle interests, domestic travel,
key markets

      Use a geo-focused strategy for your ad campaigns
      to connect travelers with local destinations for the
      next 6-12 months.

      Prioritize domestic flights, car rental, hotel, and
      vacation rental offerings.

      Test ad copy that speaks to the primary goal of
      visiting family and friends/reunion travel.

      Get the opt-in! Deliver a great ad experience, and
      then clearly explain what users will get by sharing
      their information with you, so that you can get
      more opt-ins and build your first-party data pool.
Inspire Potential Travelers Hungry for a New
Adventure
Increase awareness and reach new customers
with relevant cross-channel strategies

Start building anticipation and relationships now, in advance of
what is shaping up to be a summer into fall travel renaissance.

Use engaging display ad formats, like interactive ads, or video story
ads to showcase your offerings and include important messaging:
•   Refundable tickets, free cancellations

•   Social distancing and sanitation measures

•   Socially distant/travel bubble trips

•   Pet-friendly accommodations

Launch Connected TV and video campaigns to reach relevant
audiences while they're streaming their favorite content.

Target relevant audiences like these and more using your own data
and our massive commerce data set:
•   Family vacationers

•   Millennial travelers

•   Workationers

•   Beach Goers

•   Eco-conscious trip seekers
Appendix
APAC

Travel Bookings by Country, YoY
Indexed bookings compared to December 2019*

90                                                                                                                                                                               82
80                                                                                                                                                                72
                                                                                                                                                       70
70                                                                                                                                     61
                                                                                                                   61
60                                                                                       54            57
                                                               49            51
50                                               46
             38             38        38                                                                                                          38
40                                                                                                            32
30                                                                                                                               23                                        25
                                            21
        14                                                                                                                                                   17
20                     12                                 13                        12
                                 10                                                               11
                                                                        7
10
 0
     SOUTH EAST ASIA   FRANCE     SPAIN      BRAZIL     NETHERLANDS     TURKEY    SOUTH AMERICA    INDIA        JAPAN        RUSSIAN FEDERATION   NORDICS    AUSTRALIA    UNITED STATES

90
80
70
60
50
40                                                                                                                                     33              34         35             36
                                                               27            27          28            29          29
30                          23        24         24                                                                                               25
                                                          21
                                                                                    17                                           15                                        16
20      12 13          11        13         13                          11                                    11
                                                                                                  9
10                                                                                                                                                            5
 0
      HONG KONG        POLAND    GERMANY     TAIWAN    UNITED KINGDOM    ITALY    NEW ZEALAND     BELGIUM   EASTERN EUROPE       CANADA           PORTUGAL     MEA        SOUTH KOREA

*Source: Indexed bookings by source country, domestic and international travels combined, all travel categories combined, worldwide, during 4 weeks in
2021 and 2020 (March 15th - April 11th 2021 and March 16th- April 12th 2020). Compared to average in December 2019 (pre-pandemic baseline). Same set
of 815 travel players with stable sales tracking during the period.
Methodology
This report combines organic data from travel players, and survey data.
Organic data: 815 Travel Players who partner with Criteo in over 20 countries, accounting for 1.6B annual bookings (220 million bookings in the US).

Survey data from 9 countries and 11,161 respondents:

   Countries                                               Respondents
   Australia                                               1,230
   France                                                  1,232
   Germany                                                 1,222
   Italy                                                   1,214
   Japan                                                   1,200
   South Korea                                             1,238
   Spain                                                   1,205
   United Kingdom                                          1,258
   United States                                           1,362
For more marketing insights, contact Criteo.
About Criteo

Criteo (NASDAQ: CRTO) is the global technology company powering
the world’s marketers with trusted and impactful advertising. 2,700 Criteo
team members partner with over 20,000 customers and thousands of
publishers around the globe to deliver effective advertising across all
channels, by applying advanced machine learning to unparalleled
data sets.

Criteo empowers companies of all sizes with the technology they need
to better know and serve their customers. For more information, please
visit www.criteo.com.
You can also read