Travel Ad Spend Shandong Mobile Phone Number Returns to Growth in

discuss about phone number list
Post Reply
sadiataznin90
Posts: 125
Joined: Thu Jun 30, 2022 3:28 am

Travel Ad Spend Shandong Mobile Phone Number Returns to Growth in

Post by sadiataznin90 »

Compared to 2020 in which the brands Shandong Mobile Phone Number in the sector cut their advertising budget by, the game is expected to rise again in 2021. Travel ad spend returns to growth in 2021 11/22/2021 advertising investment As the travel sector recovers the business partially lost by the coronavirus pandemic crisis, advertising investment in this sector is also growing. Ad spending by travel brands is estimated to grow this Shandong Mobile Phone Number year, twice as fast as the ad market as a whole.

Based on Zenith forecasts of travel Shandong Mobile Phone Number advertising in 13 key markets – Australia, Canada, China, France, Germany, India, Italy, Poland, Russia, Spain, Switzerland, UK and US, accounting for 74% of total global advertising spend-, advertising spend in the sector will return to a positive path this year. Specifically, it is expected that Shandong Mobile Phone Number this will rise by 24% and continue to rise in the next two years , with estimated growth of 36% in 2022 and in 2023. It will be this last year when the levels of 2019 are recovered , reaching a total amount of 19,600 million dollars. It should be remembered that travel advertising was one of the categories most affected by COVID-19. The market lost almost half of its value in 2020, 46% , while the ad market as a whole decreased by just .

Image

Compared to 2019, Zenith estimated a Shandong Mobile Phone Number drop of $8.3 billion . Greater weight of Digital Travel advertisers spend more on digital advertising than the average of brands in 2020, compared to 58% on average-, in part due to the high penetration of the sector in e-commerce. Between 2019 and 2023, the agency expects travel brands' digital ad spend to grow annually. In 2023, travel brands will spend 70% of their budgets on digital advertising , up from 63% in 2020. "The travel industry was one of the early adopters of digital Shandong Mobile Phone Number technology as bookings went online," said Ben , global chief strategy officer at Zenith . “Post-COVID, the best brands will complete this transformation by making the entire experience digital, from reducing forms to contactless input, removing almost every possible friction from the experience,” he said.
Post Reply