Travel & Tourism Global Industry Almanac 2018-2022
Summary
Global Travel & Tourism industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Synopsis
Essential resource for top-line data and analysis covering the global travel & tourism market. Includes market size and segmentation data, textual and graphical analysis of market growth trends and leading companies.
Key Highlights
- The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming.
- The airlines industry comprises passenger air transportation, including both scheduled and chartered, but excludes air freight transport. Industry volumes are defined as the total number of revenue passengers carried/enplaned (departures) at all airports within the specified country or region, excluding transit passengers who arrive and depart on the same flight code. For the US and Canada, transborder passengers departing from either country are considered as part of the international segment. Industry value is defined as the total revenue obtained by airlines from transporting these passengers. This avoids the double-counting of passengers.
- The passenger rail sector consists of all passenger transport by 'heavy rail' services, including international, inter-city, regional, and suburban trains ("Commuter trains" in US terminology are included). However, light rail, tram/streetcar, Metro/Subway, and similar trains are not included.
- Sector volumes are given in passenger-kilometers (PKM) and international traffic is counted in the country of origin.
- Sector values in the report consist of revenues generated by operating companies through ticket sales, and so exclude state subsidies.
- Foodservice is defined as the value of all food and drink, including on-trade drinks not drunk with food, for immediate consumption on the premises or in designated eating areas shared with other foodservice operators, or in the case of takeaway transactions, freshly prepared food for immediate consumption. Foodservice is restricted to the sale of food and drink in specific foodservice channels defined below and excludes vending machines.
- The food service industry is valued according to total sales of all food and drink (soft and alcoholic) in or through accommodation outlets, pubs, clubs, and bars, full service restaurants, quick service restaurants and fast food, and other. The accommodation segment includes food and drinks sales in bed and breakfasts, guest houses, holiday parks, hostels, and hotels and motels. The pub, club and bar segment includes food and drink sales at nightclubs, private member and social clubs, and pubs and bars. The other segment includes food and drink sales in leisure venues, such as visitor attractions; mobile operators, such as vans and other mobile operators; retailers, such as bakeries, convenience stores, delicatessens, department stores, garden centers, service station forecourts, supermarkets and hypermarkets, and other retail sales.
- Market volume is defined as the total number of transactions.
- The hotels & motels industry value consists of all revenues generated by hotels, motels and other accommodation providers through the provision of accommodation and other services. The total value includes room revenue and non-room revenue, including casinos, shops and telecommunication services. The industry is segmented according to the origin of the revenues (leisure consumers and business consumers). Market volumes are classed as the number of hotels in a country or region.
- Travel intermediaries is part of a business that assists in selling travel products and services to customers. The products may include airline tickets, car rentals, hotels, railway tickets and package holidays that may combine several products.
- The casinos and gaming market consists of all forms of betting and gaming. All values are stated in terms of gross gaming win. This is the total amount waged by customers minus the total amount paid out to customers as winnings, but before the payment of any applicable taxes, disbursements to charitable or other causes by games established for those purposes, or other expenses.
- The casinos segment covers all gambling activities carried out within casino establishments, such as card games, roulette, and slot machines located in casinos; tips and admission fees are included, but additional revenues such as sales of food, drink, and accommodation are excluded.
- The lotteries segment covers all state, private, and charitable lotteries, and includes traditional draws, scratch card games, and similar products offered by lottery operators.
- The sports betting and related segment covers gambling on the outcome of horse races, football matches, and other events, and includes gambling services offered by bookmakers and also pari-mutuel/totalizator operators.
- The other segment covers bingo, slot machines located outside casinos, pachinko, etc. In North America, so-called 'Indian casinos' are covered in this segment, not the casino segment.
- Online casino and gaming activity, with the exception of online purchases of lottery entry, is not included. Recreation-only slot machines that do not pay out any form of prize are excluded.
- The report only includes gaming activities that are legal in the country where they are offered.
- All currency conversions were calculated using constant average annual 2016 exchange rates.
- The global travel & tourism industry is expected to generate total revenues of $6,663.5bn in 2017, representing a compound annual growth rate (CAGR) of 4% between 2013 and 2017.
- The foodservice segment is expected to be the industry's most lucrative in 2017, with total revenues of $3,776.0bn, equivalent to 56.7% of the industry's overall value.
- The Chinese foodservice segment is the largest in the Asia-Pacific region, accounting for more than 60% of sales. This strong sales growth has come about as the country has become increasingly affluent, with a huge rise in the number of middle class consumers.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global travel & tourism market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global travel & tourism market
- Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global travel & tourism market with five year forecasts
Reasons to buy
- What was the size of the global travel & tourism market by value in 2017?
- What will be the size of the global travel & tourism market in 2022?
- What factors are affecting the strength of competition in the global travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up the global travel & tourism market?
Table of Contents
EXECUTIVE SUMMARY 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 2
Introduction 39
What is this report about? 39
Who is the target reader? 39
How to use this report 39
Definitions 39
Global Travel & Tourism 41
Market Overview 41
Market Data 42
Market Segmentation 43
Market outlook 45
Five forces analysis 46
Travel & Tourism in Asia-Pacific 53
Market Overview 53
Market Data 54
Market Segmentation 55
Market outlook 57
Five forces analysis 58
Travel & Tourism in Europe 65
Market Overview 65
Market Data 66
Market Segmentation 67
Market outlook 69
Five forces analysis 70
Travel & Tourism in Finland 78
Market Overview 78
Market Data 79
Market Segmentation 80
Market outlook 82
Five forces analysis 83
Macroeconomic indicators 89
Travel & Tourism in France 91
Market Overview 91
Market Data 92
Market Segmentation 93
Market outlook 95
Five forces analysis 96
Macroeconomic indicators 103
Travel & Tourism in Germany 105
Market Overview 105
Market Data 106
Market Segmentation 107
Market outlook 109
Five forces analysis 110
Macroeconomic indicators 118
Travel & Tourism in India 120
Market Overview 120
Market Data 121
Market Segmentation 122
Market outlook 124
Five forces analysis 125
Macroeconomic indicators 133
Travel & Tourism in Indonesia 135
Market Overview 135
Market Data 136
Market Segmentation 137
Market outlook 139
Five forces analysis 140
Macroeconomic indicators 146
Travel & Tourism in Italy 148
Market Overview 148
Market Data 149
Market Segmentation 150
Market outlook 152
Five forces analysis 153
Macroeconomic indicators 161
Travel & Tourism in Japan 163
Market Overview 163
Market Data 164
Market Segmentation 165
Market outlook 167
Five forces analysis 168
Macroeconomic indicators 176
Travel & Tourism in Mexico 178
Market Overview 178
Market Data 179
Market Segmentation 180
Market outlook 182
Five forces analysis 183
Macroeconomic indicators 190
Travel & Tourism in The Netherlands 192
Market Overview 192
Market Data 193
Market Segmentation 194
Market outlook 196
Five forces analysis 197
Macroeconomic indicators 205
Travel & Tourism in North America 207
Market Overview 207
Market Data 208
Market Segmentation 209
Market outlook 211
Five forces analysis 212
Travel & Tourism in Norway 219
Market Overview 219
Market Data 220
Market Segmentation 221
Market outlook 223
Five forces analysis 224
Macroeconomic indicators 230
Travel & Tourism in Russia 232
Market Overview 232
Market Data 233
Market Segmentation 234
Market outlook 236
Five forces analysis 237
Macroeconomic indicators 245
Travel & Tourism in Singapore 247
Market Overview 247
Market Data 248
Market Segmentation 249
Market outlook 251
Five forces analysis 252
Macroeconomic indicators 259
Travel & Tourism in South Africa 261
Market Overview 261
Market Data 262
Market Segmentation 263
Market outlook 265
Five forces analysis 266
Macroeconomic indicators 274
Travel & Tourism in South Korea 276
Market Overview 276
Market Data 277
Market Segmentation 278
Market outlook 280
Five forces analysis 281
Macroeconomic indicators 287
Travel & Tourism in Spain 289
Market Overview 289
Market Data 290
Market Segmentation 291
Market outlook 293
Five forces analysis 294
Macroeconomic indicators 302
Travel & Tourism in Sweden 304
Market Overview 304
Market Data 305
Market Segmentation 306
Market outlook 308
Five forces analysis 309
Macroeconomic indicators 315
Travel & Tourism in Turkey 317
Market Overview 317
Market Data 318
Market Segmentation 319
Market outlook 321
Five forces analysis 322
Macroeconomic indicators 329
Travel & Tourism in The United Kingdom 331
Market Overview 331
Market Data 332
Market Segmentation 333
Market outlook 335
Five forces analysis 336
Macroeconomic indicators 345
Travel & Tourism in The United States 347
Market Overview 347
Market Data 348
Market Segmentation 349
Market outlook 351
Five forces analysis 352
Macroeconomic indicators 360
Travel & Tourism in Australia 362
Market Overview 362
Market Data 363
Market Segmentation 364
Market outlook 366
Five forces analysis 367
Macroeconomic indicators 374
Travel & Tourism in Brazil 376
Market Overview 376
Market Data 377
Market Segmentation 378
Market outlook 380
Five forces analysis 381
Macroeconomic indicators 389
Travel & Tourism in Canada 391
Market Overview 391
Market Data 392
Market Segmentation 393
Market outlook 395
Five forces analysis 396
Macroeconomic indicators 404
Travel & Tourism in China 406
Market Overview 406
Market Data 407
Market Segmentation 408
Market outlook 410
Five forces analysis 411
Macroeconomic indicators 417
Travel & Tourism in Denmark 419
Market Overview 419
Market Data 420
Market Segmentation 421
Market outlook 423
Five forces analysis 424
Macroeconomic indicators 431
Company Profiles 433
Leading Companies 433
Appendix 612
Methodology 612
About MarketLine 613List of Tables
Table 1: Global travel & tourism industry value: $ billion, 2013-17
Table 2: Global travel & tourism industry category segmentation: $ billion, 2017
Table 3: Global travel & tourism industry geography segmentation: $ billion, 2017
Table 4: Global travel & tourism industry value forecast: $ billion, 2017-22
Table 5: Asia-Pacific travel & tourism industry value: $ billion, 2013-17
Table 6: Asia-Pacific travel & tourism industry category segmentation: $ billion, 2017
Table 7: Asia-Pacific travel & tourism industry geography segmentation: $ billion, 2017
Table 8: Asia-Pacific travel & tourism industry value forecast: $ billion, 2017-22
Table 9: Europe travel & tourism industry value: $ billion, 2013-17
Table 10: Europe travel & tourism industry category segmentation: $ billion, 2017
Table 11: Europe travel & tourism industry geography segmentation: $ billion, 2017
Table 12: Europe travel & tourism industry value forecast: $ billion, 2017-22
Table 13: Finland travel & tourism industry value: $ billion, 2013-17
Table 14: Finland travel & tourism industry category segmentation: $ billion, 2017
Table 15: Finland travel & tourism industry geography segmentation: $ billion, 2017
Table 16: Finland travel & tourism industry value forecast: $ billion, 2017-22
Table 17: Finland size of population (million), 2013-17
Table 18: Finland gdp (constant 2005 prices, $ billion), 2013-17
Table 19: Finland gdp (current prices, $ billion), 2013-17
Table 20: Finland inflation, 2013-17
Table 21: Finland consumer price index (absolute), 2013-17
Table 22: Finland exchange rate, 2013-17
Table 23: France travel & tourism industry value: $ billion, 2013-17
Table 24: France travel & tourism industry category segmentation: $ billion, 2017
Table 25: France travel & tourism industry geography segmentation: $ billion, 2017
Table 26: France travel & tourism industry value forecast: $ billion, 2017-22
Table 27: France size of population (million), 2013-17
Table 28: France gdp (constant 2005 prices, $ billion), 2013-17
Table 29: France gdp (current prices, $ billion), 2013-17
Table 30: France inflation, 2013-17
Table 31: France consumer price index (absolute), 2013-17
Table 32: France exchange rate, 2013-17
Table 33: Germany travel & tourism industry value: $ billion, 2013-17
Table 34: Germany travel & tourism industry category segmentation: $ billion, 2017
Table 35: Germany travel & tourism industry geography segmentation: $ billion, 2017
Table 36: Germany travel & tourism industry value forecast: $ billion, 2017-22
Table 37: Germany size of population (million), 2013-17
Table 38: Germany gdp (constant 2005 prices, $ billion), 2013-17
Table 39: Germany gdp (current prices, $ billion), 2013-17
Table 40: Germany inflation, 2013-17
Table 41: Germany consumer price index (absolute), 2013-17
Table 42: Germany exchange rate, 2013-17
Table 43: India travel & tourism industry value: $ billion, 2013-17
Table 44: India travel & tourism industry category segmentation: $ billion, 2017
Table 45: India travel & tourism industry geography segmentation: $ billion, 2017
Table 46: India travel & tourism industry value forecast: $ billion, 2017-22
Table 47: India size of population (million), 2013-17
Table 48: India gdp (constant 2005 prices, $ billion), 2013-17
Table 49: India gdp (current prices, $ billion), 2013-17
Table 50: India inflation, 2013-17
Table 51: India consumer price index (absolute), 2013-17
Table 52: India exchange rate, 2013-17
Table 53: Indonesia travel & tourism industry value: $ billion, 2013-17
Table 54: Indonesia travel & tourism industry category segmentation: $ billion, 2017
Table 55: Indonesia travel & tourism industry geography segmentation: $ billion, 2017
Table 56: Indonesia travel & tourism industry value forecast: $ billion, 2017-22
Table 57: Indonesia size of population (million), 2013-17
Table 58: Indonesia gdp (constant 2005 prices, $ billion), 2013-17
Table 59: Indonesia gdp (current prices, $ billion), 2013-17
Table 60: Indonesia inflation, 2013-17
Table 61: Indonesia consumer price index (absolute), 2013-17
Table 62: Indonesia exchange rate, 2013-17
Table 63: Italy travel & tourism industry value: $ billion, 2013-17
Table 64: Italy travel & tourism industry category segmentation: $ billion, 2017
Table 65: Italy travel & tourism industry geography segmentation: $ billion, 2017
Table 66: Italy travel & tourism industry value forecast: $ billion, 2017-22
Table 67: Italy size of population (million), 2013-17
Table 68: Italy gdp (constant 2005 prices, $ billion), 2013-17
Table 69: Italy gdp (current prices, $ billion), 2013-17
Table 70: Italy inflation, 2013-17
Table 71: Italy consumer price index (absolute), 2013-17
Table 72: Italy exchange rate, 2013-17
Table 73: Japan travel & tourism industry value: $ billion, 2013-17
Table 74: Japan travel & tourism industry category segmentation: $ billion, 2017
Table 75: Japan travel & tourism industry geography segmentation: $ billion, 2017List of Figures
Figure 1: Global travel & tourism industry value: $ billion, 2013-17
Figure 2: Global travel & tourism industry category segmentation: % share, by value, 2017
Figure 3: Global travel & tourism industry geography segmentation: % share, by value, 2017
Figure 4: Global travel & tourism industry value forecast: $ billion, 2017-22
Figure 5: Forces driving competition in the global travel & tourism industry, 2017
Figure 6: Drivers of buyer power in the global travel & tourism industry, 2017
Figure 7: Drivers of supplier power in the global travel & tourism industry, 2017
Figure 8: Factors influencing the likelihood of new entrants in the global travel & tourism industry, 2017
Figure 9: Factors influencing the threat of substitutes in the global travel & tourism industry, 2017
Figure 10: Drivers of degree of rivalry in the global travel & tourism industry, 2017
Figure 11: Asia-Pacific travel & tourism industry value: $ billion, 2013-17
Figure 12: Asia-Pacific travel & tourism industry category segmentation: % share, by value, 2017
Figure 13: Asia-Pacific travel & tourism industry geography segmentation: % share, by value, 2017
Figure 14: Asia-Pacific travel & tourism industry value forecast: $ billion, 2017-22
Figure 15: Forces driving competition in the travel & tourism industry in Asia-Pacific, 2017
Figure 16: Drivers of buyer power in the travel & tourism industry in Asia-Pacific, 2017
Figure 17: Drivers of supplier power in the travel & tourism industry in Asia-Pacific, 2017
Figure 18: Factors influencing the likelihood of new entrants in the travel & tourism industry in Asia-Pacific, 2017
Figure 19: Factors influencing the threat of substitutes in the travel & tourism industry in Asia-Pacific, 2017
Figure 20: Drivers of degree of rivalry in the travel & tourism industry in Asia-Pacific, 2017
Figure 21: Europe travel & tourism industry value: $ billion, 2013-17
Figure 22: Europe travel & tourism industry category segmentation: % share, by value, 2017
Figure 23: Europe travel & tourism industry geography segmentation: % share, by value, 2017
Figure 24: Europe travel & tourism industry value forecast: $ billion, 2017-22
Figure 25: Forces driving competition in the travel & tourism industry in Europe, 2017
Figure 26: Drivers of buyer power in the travel & tourism industry in Europe, 2017
Figure 27: Drivers of supplier power in the travel & tourism industry in Europe, 2017
Figure 28: Factors influencing the likelihood of new entrants in the travel & tourism industry in Europe, 2017
Figure 29: Factors influencing the threat of substitutes in the travel & tourism industry in Europe, 2017
Figure 30: Drivers of degree of rivalry in the travel & tourism industry in Europe, 2017
Figure 31: Finland travel & tourism industry value: $ billion, 2013-17
Figure 32: Finland travel & tourism industry category segmentation: % share, by value, 2017
Figure 33: Finland travel & tourism industry geography segmentation: % share, by value, 2017
Figure 34: Finland travel & tourism industry value forecast: $ billion, 2017-22
Figure 35: Forces driving competition in the travel & tourism industry in Finland, 2017
Figure 36: Drivers of buyer power in the travel & tourism industry in Finland, 2017
Figure 37: Drivers of supplier power in the travel & tourism industry in Finland, 2017
Figure 38: Factors influencing the likelihood of new entrants in the travel & tourism industry in Finland, 2017
Figure 39: Factors influencing the threat of substitutes in the travel & tourism industry in Finland, 2017
Figure 40: Drivers of degree of rivalry in the travel & tourism industry in Finland, 2017
Figure 41: France travel & tourism industry value: $ billion, 2013-17
Figure 42: France travel & tourism industry category segmentation: % share, by value, 2017
Figure 43: France travel & tourism industry geography segmentation: % share, by value, 2017
Figure 44: France travel & tourism industry value forecast: $ billion, 2017-22
Figure 45: Forces driving competition in the travel & tourism industry in France, 2017
Figure 46: Drivers of buyer power in the travel & tourism industry in France, 2017
Figure 47: Drivers of supplier power in the travel & tourism industry in France, 2017
Figure 48: Factors influencing the likelihood of new entrants in the travel & tourism industry in France, 2017
Figure 49: Factors influencing the threat of substitutes in the travel & tourism industry in France, 2017
Figure 50: Drivers of degree of rivalry in the travel & tourism industry in France, 2017
Figure 51: Germany travel & tourism industry value: $ billion, 2013-17
Figure 52: Germany travel & tourism industry category segmentation: % share, by value, 2017
Figure 53: Germany travel & tourism industry geography segmentation: % share, by value, 2017
Figure 54: Germany travel & tourism industry value forecast: $ billion, 2017-22
Figure 55: Forces driving competition in the travel & tourism industry in Germany, 2017
Figure 56: Drivers of buyer power in the travel & tourism industry in Germany, 2017
Figure 57: Drivers of supplier power in the travel & tourism industry in Germany, 2017
Figure 58: Factors influencing the likelihood of new entrants in the travel & tourism industry in Germany, 2017
Figure 59: Factors influencing the threat of substitutes in the travel & tourism industry in Germany, 2017
Figure 60: Drivers of degree of rivalry in the travel & tourism industry in Germany, 2017
Figure 61: India travel & tourism industry value: $ billion, 2013-17
Figure 62: India travel & tourism industry category segmentation: % share, by value, 2017
Figure 63: India travel & tourism industry geography segmentation: % share, by value, 2017
Figure 64: India travel & tourism industry value forecast: $ billion, 2017-22
Figure 65: Forces driving competition in the travel & tourism industry in India, 2017
Figure 66: Drivers of buyer power in the travel & tourism industry in India, 2017
Figure 67: Drivers of supplier power in the travel & tourism industry in India, 2017
Figure 68: Factors influencing the likelihood of new entrants in the travel & tourism industry in India, 2017
Figure 69: Factors influencing the threat of substitutes in the travel & tourism industry in India, 2017
Figure 70: Drivers of degree of rivalry in the travel & tourism industry in India, 2017
Figure 71: Indonesia travel & tourism industry value: $ billion, 2013-17
Figure 72: Indonesia travel & tourism industry category segmentation: % share, by value, 2017
