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ForwardKeys

ForwardKeys is one of the leading travel analytics firms that provides investment firms with alternative and predictive data on the travel industry. Data is offered both on the demand and the offer-side of the aviation market.

Actual Air Reservations is an aggregation of flight bookings made via the Global Distribution Systems. Exclusive agreements make that global travel data is available, including regions that are generally difficult to track. This data contains valuable insights into the profile, behaviour, and impact of events on past, present and future air travellers.

Seat Capacity provides insights into the scheduled flights from 99% of global commercial airlines.

Financial institutions use this data for artificial intelligence and predictive models to forecast the performances of businesses. Combined, the datasets can provide insights into the financial health of businesses operating in the travel and tourism industry. This list contains companies like airlines, airplane leasing companies, oil companies, hotels and travel agencies.

September 15, 2021 / Travel

Destination Spotlight: The Balkans

From ForwardKeys
The travel experts at ForwardKeys were recently invited to present at the Adria Forum in Zagreb to shed additional light on the development of tourism in the Balkan region by highlighting the important role flight connectivity has in international and domestic arrivals. And the results are interesting as it reveals the savvy business approach of Croatia over the summer as well as reinforcing the future value of Tirana and Podgorica as important airport hubs into the region.
September 15, 2021 / Travel

The role of travel announcements on travel recovery

From ForwardKeys
When examining the latest Air Ticketing Data for industry partner CAPA, a clear observation is that travel recovery is performing at a different pace from country to country – even if you are in the same region! “Withstanding where you are in the world, you are a winning destination showing resilience if you are smartly promoting sun and sea leisure destinations; remained open throughout the pandemic or wisely made announcements in advance of key tourism periods; kept your travel restrictions consistent and easy to follow
September 7, 2021 / Travel

Travel Analysis: European Summer Results

From ForwardKeys
New research from ForwardKeys reveals that international flights to European destinations in July and August reached 39.9% of pre-pandemic levels. This is significantly better than last year (which was 26.6%) when the COVID-19 pandemic caused widespread lockdowns, and vaccines were not yet approved. However, the picture was very mixed, with some destinations doing considerably better than others. The outlook is also not improving, as bookings slowed towards the end of the summer period.
September 6, 2021 / Travel

Destination Spotlight: Spain this Summer

From ForwardKeys
ForwardKeys reveals that summer in Spain was exactly how it was predicted to be – international arrivals into Spain in July-August were half of 2019 levels. Spain managed to recover half of the volume of pre-pandemic internationals, down by 49.4% in 2019. On the flip side, domestic tourism was almost at pre-pandemic levels, covering for the loss of international visitors and three Spanish cities made it into the top 10 most resilient European cities list: Ibiza, Palma de Mallorca, and Malaga.
August 20, 2021 / Travel

International Airlines Ready for Chinese Student Travel

From ForwardKeys
The start of the 2021-2022 academic year is coming soon. ForwardKeys and Dragon Trail International look at the strong correlation between Chinese flight booking trends and travel restrictions for students, alongside student-focused promotions from international airlines. With outbound tourism from China still on hold, international airlines have turned their attention to one group of Chinese who will be travelling overseas in the upcoming months: students.
August 10, 2021 / Travel

Five Unexpected Travel Realities due to Covid-19

From ForwardKeys
Working with travel data, the team members at ForwardKeys are well acquainted with the speed of change and immediate shifts in flight bookings based on sudden government announcements or unexpected spikes in Covid19 cases or strains. We understand that it can be incredibly frustrating and maddening when you are a tourism board trying to entice travellers, a hotel that has struggled with its occupancy rate for over a year, an airline trying to plan its next round of routes or even a desperate traveller in need of a holiday.
August 10, 2021 / Travel

Destination Spotlight: Central America & the Caribbean

From ForwardKeys
The team of analysts and insights experts at ForwardKeys can reveal an exciting revelation – things are looking rosier for the travel industry in Central America and the Caribbean, especially when looking at the future bookings for July to September. International arrivals are down by just 25% in Q3 of 2021 while in Mexico it is only down by 6% compared to the same period in 2019.
July 20, 2021 / Travel

Travel Trend: Doha overtakes Dubai Airport as a major hub

From ForwardKeys
In the battle to be the pre-eminent travel hub in the Middle East, the latest research from ForwardKeys, which has the world’s freshest and most comprehensive flight booking data, reveals that in the first half of 2021, Doha seized and consolidated a lead over Dubai airport. From 1st January to 30th June, the volume of air tickets issued for travel via Doha was 18% higher than it was through Dubai; that relationship looks set to continue. Current bookings for the second half of the year through Doha are 17% higher than through Dubai.
July 16, 2021 / Travel

Rio Grande do Norte tops the charts for domestic visitors

From ForwardKeys
A joint analysis of the latest air ticketing data by data firm ForwardKeys and Emprotur, Empresa Potiguar de Promotion Turística, shine some positive light on domestic tourism in Brazil, particularly to the star of Rio Grande do Norte, Natal, as the city demonstrates resilience and demand. The overall performance of the Brazilian domestic market in June reached 108% of the 2019 demand, encouraging considering the current climate.
July 15, 2021 / Travel

Destination Spotlight: Mexico’s Mass Appeal

From ForwardKeys
Mexico is primed to be a top holiday destination from July to September, according to the latest air ticketing analysis by travel analytics firm, ForwardKeys. But the big news is that it is managing to welcome more international visitors beyond the USA – Ecuadorean and European travellers play a vital role in its reactivation this summer. Tourism is an important economic sector in Mexico, and the country plays a prominent role in tourism globally. In 2020, Mexico welcomed 23.3 million international tourists, around half of the inbound tourism volume recorded a year earlier.
July 9, 2021 / Travel

Summer Outlook for Spain: Ibiza in top position

From ForwardKeys
In 2019, the tourism industry accounted for over 12% of Spain’s gross domestic product (GDP). Last year, it accounted for just 5.5%, many are wondering how it is positioned this summer. The team of analysts at ForwardKeys examined the latest air ticketing data to Spain this summer for international and domestic travel to uncover a few gems. While the international market is recuperating and growing to 50% of traveller volumes of 2019 July figures, it’s domestic travel pulling up the tourism sector during the pandemic
June 10, 2021 / Travel

Summer 2021 – A Caribbean vacation or a staycation

From ForwardKeys
The latest research from ForwardKeys, which has the most up-to-date and comprehensive flight booking data available, reveals that the outlook for international air travel this summer (1st June – 31st August) is set to be just under a quarter (-23%) of pre-pandemic levels.As of 1st June, flight tickets issued for international arrivals in Africa & the Middle East were just 31% of their equivalent moment in 2019.
June 4, 2021 / Travel

U.S travel to Europe – A summer revival?

From ForwardKeys
ForwardKeys has long encouraged governments and tourism organisations to announce their border re-openings as far in advance as possible. We observed that this greatly benefited destinations such as Greece and Portugal for the 2020 summer season and there appears to be a case of _Deja Vu_ for Greece, but now we have newcomers to the early announcement club: Iceland and Croatia. Welcoming vaccinated travellers is not only a trend but a fast-growing reality.
May 7, 2021 / Travel

Vaccinations revive International travel

From ForwardKeys
The latest research from ForwardKeys reveals that vaccinations appear to hold the key to reviving international travel. Two destinations, Greece, and Iceland, which have announced that they will welcome vaccinated visitors this summer have seen inbound flight bookings pick up dramatically from the moment of their announcements.
March 23, 2021 / Travel

Pandemic inspired longer stays

From ForwardKeys
Let’s begin today’s analysis and revelation with an encouraging quote from John F Kennedy: “When written in Chinese, the word crisis is composed of two characters — one represents danger, and the other represents opportunity.” Now that the tone has been set, we can reveal how some destinations are attracting longer stays as the prolonged pandemic discourages people from returning home to work from their gloomy homes. Why would you when sparkling Belize and the Canary Islands are on offer?
February 25, 2021 / Travel

Russia, a travel market to capture

From ForwardKeys
Relying on quantitively calculated, real-time air ticketing data, this week we reveal Russia as a travel market worth investing in. In 2020, there was a rise in demand for domestic travel and some markets even recovered to 2019 levels.
February 18, 2021 / Travel

Destination Spotlight: The United Kingdom

From ForwardKeys
The year 2020 was a colossal year for many nations getting to grips with the virus that has closed international travel off for many, whilst airports sit empty and planes grounded on lonely tarmacs. However, throw in Brexit, the AstraZeneca vaccine, lockdowns, and travel restrictions, and the United Kingdom has been on a never-ending see-saw of ups and downs.
February 5, 2021 / Travel

Travel Outlook for Australia

From ForwardKeys
With Australia Day recently celebrated on January 26, the travel analytics experts at ForwardKeys decided to zoom into the latest air ticket data to see what is on the horizon for the sunny Land Down Under and the outlook reveals unique city opportunities. When examining the air tickets issued since the commencement of the Coronavirus in April 2020, domestic travel across Australia’s four main cities, revealed new destination gems in the mineral-rich parts of Australia: Queensland and Western Australia.
February 1, 2021 / Travel

Chinese New Year travel halted by new outbreak of Covid19

From ForwardKeys
According to the latest flight data by the experts at ForwardKeys, the domestic travel outlook for the Chinese New Year has been hurt by the rise in new cases in China. To prevent the spread of the virus, the vast majority of provinces have been strongly advised by the authorities to not travel outside their residential provinces for the holiday. For those who intend to travel back to their hometowns, it will be required to submit a negative COVID-19 test 7 days before the departure date.
January 21, 2021 / Travel

Russia leads the pack for domestic travel

From ForwardKeys
According to the latest Air Ticket data by ForwardKeys when examining issued tickets as of 1 January 2021, bookings in Russia’s domestic market in the next 6 months are the most advanced among the top 10 domestic markets worldwide. Issued tickets have already reached 77% of 2020’s level for the next 6 month’s travel.