Sojern: COVID-19: Insights On Travel Impact, Asia Pacific - March
11th March, 2021 - These insights are based on data collected on the 8th March, 2021. We are reviewing our data on a regular basis in order to provide an accurate view of trends and patterns in consumer behaviour. Sojern’s insights are based on over 350 million traveller profiles and billions of travel intent signals, however it does not capture one hundred percent of the travel market.
Domestic Demand for Travel across Asia Pacific
The domestic demand for travel in all markets across Asia Pacific (APAC) is stable or improving. Also, when comparing Asia Pacific with Europe, Middle East, Africa, Latin America and North America, domestic demand in hotel searches is soaring.
Deep diving into a few markets, our data shows the following - Singapore is seeing a surge in staycation demand as families are likely planning for the upcoming March school holidays from 13 to 21 March 2021 (more details in the second section of this article).
In Australia, while international travel is still banned until June, domestic travel is being encouraged with regulations varying at a state level. More recently, Qantas announced that it is launching a series of "Mystery Flights" to encourage domestic travel. The Hong Kong government recently lifted some social distancing measures as new infections came down in recent weeks to low numbers and as such, popular theme parks have now reopened.
Last month, the Malaysia government announced that more businesses in the retail sector were allowed to reopen, including dine-in restaurants, to help their economy. This has translated into a gradual increase in domestic demand. Elsewhere, the Thai government is preparing a plan to ease restrictions for inbound travellers vaccinated against COVID-19 - an approach that will likely be adopted by more countries.
In other countries, Japan lifted its state of emergency in six prefectures outside the Tokyo region - in Aichi, Gifu, Osaka, Kyoto, Hyogo and Fukuoka a week earlier than planned. A complete lift is expected to occur on 7th March which will likely boost domestic demand for travel further.
Chart 1 - Domestic Hotel Search - Australia, Hong Kong, Malaysia, Singapore and Thailand