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Webinar
China’s New Manufacturing Push

with Louise Loo | Online | April 10, 2024

China’s industrial policy has played a pivotal role in its growth strategy over the past few decades. A renewed state-led push into “new industrialisation” and the “new productive forces” has the potential to accelerate the country’s move up the manufacturing value chain, but could also invite greater protectionist backlash and heighten China’s vulnerability to external demand shocks. We discuss these dynamics in greater detail and invite questions from our readers.

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Webinar
Unveiling the key source markets – including China – for APAC tourism destinations

with Federico Chirico and Michael Shoory | Online | April 4, 2024

We will explore growth prospects for key source markets – both established and emerging – for tourists within the APAC region, and the expected destinations of those travellers. As part of this, we will touch on global and regional trends for outbound travel, and consider the latest developments and outlook for the recovery of the Chinese outbound market. This includes the continued importance of China as a driver of demand relative to other growing markets, and the implications for a range of destinations.

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Webinar
Global Consumer Outlook: Finding growth in 2024 and beyond

with Alex Mackle and Marcos Casarin | Online | March 6, 2024

Global consumer spending will continue to grow this year, despite the general economic slowdown. But as demand weakens and consumers’ tolerance for higher prices wanes, retailers will have to rely more on volumes expansion to match last year’s sales performance. In this webinar, we dig into the economic outlook to find pockets of growth in consumer spending markets across countries, cities and different categories of spending.

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Webinar
Latin America: Travel & Tourism sectors to drive growth across the region

with Jessie Smith and Joan Domene | Online | January 31, 2024

While we forecast economic growth in Latin America to be slightly weaker in 2024 than in 2023, the region will still outperform most advanced economies. Leading this growth will be the travel & tourism sector as consumers in major markets continue to prioritise leisure travel spending. Caribbean and Central American destinations have been among the top performers, benefitting from resurgent US demand and the strength of the US Dollar, including the remarkable return and expansion of cruise activity. In this webinar we will look at economic activity, including key demand drivers and the prospects for more widespread travel recovery as well as major risk factors.

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Webinar
Travel growth to continue to defy economic slowdown

with Helen McDermott and Chloe Parkins | Online | October 11, 2023

International travel recovery has continued throughout 2023 to date and is set for further growth into 2024 despite slowdown and considerable uncertainty in key economic drivers. Consumers are prioritising travel experiences over other discretionary spending while some continued rebalancing of domestic and international travel is evident. We will also explore the extent to which emerging market demand will become a key driver.

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Webinar
Luxury cruising – the new normal

with Dave Goodger and Christian Savelli | Online | October 10, 2023

Luxury cruise capacity is set to nearly double by 2028, with the Luxury Segment capacity on track to expand 87% compared to 2019, three times the growth rate for the overall industry. This boom is being fuelled in part by new entrants, ramping up competition for existing operators. However, pricing remains robust as the segment has been underserved, while luxury travel demand remains robust.

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Webinar
Air Passenger Forecasts Webinar: Growth outlook defies macroeconomic challenges

with Stephen Rooney and Rachel Yuting Fan | Online | September 27, 2023

Despite a subdued macroeconomic backdrop, air passenger traffic growth has remained steady through to July. Further, ticket sales indicate sustained demand in the months ahead. In this webinar we will discuss the industry's recent performance, its short and long-run prospects, and the underlying macroeconomic climate. Potential risks which could derail the outlook will also be explored.

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Webinar
Industrial outlook remains gloomy for now

with Nico Palesch and Sean Metcalfe | Online | September 14, 2023

High-frequency indicators show that economic activity is weakening through the second half of 2023, and that industry is performing worse than the broader economy. The impact of past policy tightening and the reduced availability of credit is dampening activity and contributing to a deteriorating near-term outlook for investment spending, which is disproportionately impacting manufacturing and other investment-facing sectors of the economy. While supply chains have normalised to a large degree, which is contributing to easing inflation and recovering production in backlog-affected sectors, headwinds to industrial activity are shifting partly from the supply to the demand side. Nonetheless, there are good reasons to expect a relatively shallow downturn in industrial activity as opposed to a total collapse. In this webinar, we will provide a comprehensive update of the global industrial outlook and account for the divergent fortunes across the different sectors that make up the economy.

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Webinar
Why travel will recover this year in the face of economic headwinds

with Dave Goodger and Helen McDermott | Online | June 23, 2023

2023 will mark a return to pre-pandemic levels of global travel activity, despite a slowing global economy. The reasons for this recovery, and expectations for ongoing growth will be explored within this webinar. The travel sector in advanced economies is proving resilient to the current economic headwinds as households are prioritising a return to leisure travel activities, despite the squeeze on incomes. Corporate travel is also returning in sharp contrast to predictions of the demise of this segment. Emerging markets are also resuming an important role in shaping demand now the majority of travel restrictions are lifted and are growing in importance.

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Webinar
What next for commodity prices? Discussing the outlook amid slowing global growth

with Stephen Hare, Kiran Ahmed, Toby Whittington and Diego Cacciapuoti | Online | June 22, 2023

Initial optimism about demand, following China’s abrupt reopening has now given way to concerns amid tightening monetary policy in advanced economies and a lacklustre Chinese industrial recovery. We outline the implications for commodity markets and prices as well as risks to our baseline view.

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Webinar
Why air travel is set to soar ahead again in 2023

with Dave Goodger | Online | June 20, 2023

Air passenger demand data for early-2023 indicates further significant improvements over 2022’s partial demand recovery. Despite a subdued economic backdrop, forward looking data across May to September show little sign of this recovery taking any reprieve and activity is set to surpass 2019 levels towards the end of the year. The re-opening of the Chinese international travel market is providing some additional reasons for optimism. Tourism Economics and IATA will share latest data, trends and the outlook in this webinar.

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Webinar
Why the cruise sector will rebound faster than after the Great Recession

with Dave Goodger and Christian Savelli | Online | June 8, 2023

The cruise sector was hit following the Great Recession by continued increases in capacity while travel demand slowed sharply - deep discounting was required at that time to spur demand. We are now seeing an apparent parallel trend as new cruise capacity spiked in 2022, despite travel remaining well below pre-pandemic norms in most destinations. In this webinar we describe the amount of additional new capacity that will be launched in coming years as well as demand expectations and why we believe sector recovery and cruise pricing will differ in this current cycle.

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Webinar
Commodities demand: China to the rescue?

with Toby Whittington, Diego Cacciapuoti, Kiran Ahmed and Stephen Hare | Online | March 23, 2023

China’s abrupt reopening caused commodity prices to jump earlier this year but questions remain about the strength of its recovery. We examine the extent to which China will support commodity demand this year whilst also discussing the supply-side outlook in commodity markets and implications for prices.

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Webinar
Will Travel Prevail through Economic Weakness in 2023?

with Dave Goodger and Adam Sacks | Online | December 12, 2022

Travel rebounded in 2022, fuelled by pent-up demand and excess savings. However, travel volumes remain below pre-pandemic peaks and household spending power is coming under immense pressure from rising costs. In this session we will explore the critical themes of our 2023 travel outlook, including the likelihood of a global economic recession and why travellers may be uniquely positioned to prevail through it.

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