After falling by 75 percent in 2020, travel is now nearing a full recovery. Global spending is expected to reach $8.6 trillion by the end of 2024, and 33 percent …
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Latest report by McKinsey’s partner Jillian Tellez Holub and coauthors find that Americans’ outlays for recreational experiences such as stays at luxury hotels reached their highest level since 1960 after the …
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Consumer behaviour is expected to see a very ‘polarised recovery’ in 2024, despite the return of consumer confidence and wage increases in many European countries, a new study has found. …
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According to McKinsey’s ConsumerWise team US consumer optimism moved the needle on reported spending habits reaching a two-year peak.
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Technological innovation is transforming every aspect of the mobility sector, and more companies are beginning to investigate disruptive technology. A McKinsey analysis identifies the trends to watch.
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Over the holiday season, most European consumers had mixed feelings about the economy. Here’s the latest research from McKinsey’s ConsumerWise team.
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McKinsey’s Future of Tourism article expects travel and tourism GDP expected to grow at an average annual rate of 5.8% between 2022 and 2032, surpassing the growth of the overall economy, …
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Prevalent in Asia and now spreading globally ‘zero consumer” has different to traditional consumer shopping patterns: demand the full “phygital” experience, evaporating mid-range brands, personalisation across online and physical shopping …
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McKinsey article covers key benefits of tokenization
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Consumer optimism in the United States remained steady over the summer, while consumer spending saw a modest uptick across most categories. Here’s the latest research from our ConsumerWise team.
