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Why the ANZ Travel Market is Contracting in 2026 (and What Recovers By 2029)
THE NEWS:
Phocuswright projects that the Australia‑New Zealand (ANZ) travel market will contract in 2026, with a recovery expected by 2029, after several years of steady growth.
DETAILS:
WHY IT MATTERS:
Travel‑trade professionals should anticipate tighter margins and lower demand in 2026, prompting adjustments to inventory, pricing, and investment strategies, while preparing for a rebound beginning in 2029.
FAQ
What is the forecast for the ANZ travel market in 2026?
Phocuswright’s Australia‑New Zealand Travel Market Brief 2026 forecasts a contraction of the ANZ travel market in 2026, reversing several years of steady growth, due to higher fuel costs, geopolitical tension and domestic cost‑of‑living pressures.
When is recovery expected for the ANZ travel market?
The same Phocuswright report expects the ANZ travel market to recover starting in 2029, after the 2026 contraction period.
Which travel segment is expected to remain stable in 2026?
According to Phocuswright, car‑rental is the only major travel segment projected to hold steady amid the broader revenue decline forecast for 2026.
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