Travel Agents Market Research Reports & Industry Analysis
The demand for travel agents relies on a number of factors: economic growth, business and leisure travel, consumer income, airline seat availability, technological developments, and the price of jet fuel. The primary costs this industry has to cope with include computer services and telecommunication services. As many consumers are more often turning to online booking services, computer access is imperative, and will online services will increase overall profitability.
Independent travel agencies depend on their marketing strategies to effectively appeal to the consumer and thus general a profit. Smaller companies put emphasis on catering to a small amount of large clientele, and serving a specific locale. Large travel agencies focus on corporate clients, and are able to provide a broad spectrum of services, as well as operate elaborate websites to promote their services.
Travel Agents Industry Research & Market Reports
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Online Travel Sales and Intermediaries in Russia
... despite some lifted border restrictions as consumers remain reluctant to spend and cautious about contagion. The potential positive impact of the push to domestic tourism has been limited in the case of travel intermediaries as ... Read More
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Online Travel Sales and Intermediaries in Hungary
... less cash reserves may not survive. Certain intermediaries are expected to be even more vulnerable, such as specialised intermediaries that offer travel to certain limited destinations. There has already been a casualty, with Robinson Tours ... Read More
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Online Travel Sales and Intermediaries in Sweden
... by 55%. The decline has been dramatic for all players. Leading player in travel intermediaries and in intermediaries online sales, Booking.com, is falling by 70%, - the same rate as most of its competitors. Euromonitor ... Read More
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Online Travel Sales and Intermediaries in Ireland
... severely. Breadth and diversity are key elements of the positioning of many intermediaries, as they look to target the strong demand for convenience amongst modern consumers, as well as their desire to compare prices. Furthermore, ... Read More
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Online Travel Sales and Intermediaries in the Philippines
... growth. However, with the suspension of visas to foreigners (with some exceptions) and the temporary halt to domestic tourism due to COVID-19 lockdowns, both sales channels are expected to see very strong current value declines ... Read More
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Online Travel Sales and Intermediaries in Bulgaria
... control and prevent the total collapse of the summer holiday season, 2020 has in many ways been a lost year for travel intermediaries. In various countries, temporary travel bans and border closures were extended during ... Read More
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Online Travel Sales and Intermediaries in the Netherlands
... suffered from the widespread impact of the pandemic across airlines, lodging, car rental, and leisure and business activities. Moreover, package holidays, a key component of the travel intermediaries offer, have been particularly hard hit by ... Read More
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Online Travel Sales and Intermediaries in Croatia
... pandemic-related travel restrictions brought tourism in Croatia to a halt. As 2020 progresses, business is gradually returning as the country reopens, but recovery is very slow, still considerably hampered by volatile virus infection rates in ... Read More
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Online Travel Sales and Intermediaries in Greece
... are plummeting by 56% in 2020, compared to a 6% rise in 2019, with online sales dropping by 53% and offline sales by 61%. Booking.com continues its outright lead of travel intermediaries overall with 40% ... Read More
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Online Travel Sales and Intermediaries in Italy
... value sales collapsed during lockdown, and dramatic declines are projected for the category over 2020 as a whole. The measures implemented to cope with the global pandemic included the closure of non-essential businesses, border closures ... Read More
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Online Travel Sales and Intermediaries in Turkey
... anxiety about the risks involved in travelling, large numbers of holidays have been cancelled since the beginning of the year. Intermediaries that have paid in advance for flights and hotels face substantial losses on these ... Read More
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Online Travel Sales and Intermediaries in Spain
... from the country, the value share of internet transactions through intermediaries is expected to continue to rise. Spain is one of the EU nations with the highest internet usage. In addition, travel is one of ... Read More
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Online Travel Sales and Intermediaries in Vietnam
... a number of small intermediaries were forced to close temporarily or permanently as a result of the crisis. In order to support local businesses, the Ministry of Tourism in Vietnam has worked closely with intermediaries ... Read More
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Online Travel Sales and Intermediaries in Indonesia
... to residents and travel intermediaries. The economic downturn caused by the COVID-19 outbreak has had a significant negative impact on overall tourism and thus the sales of online travel agencies (OTAs) and travel intermediaries. For ... Read More
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Online Travel Sales and Intermediaries in the Czech Republic
... It applies to holidays and tours, with a start date between 20 February and 31 August 2020. Travel intermediaries may use the protection period to postpone the return of payments to clients until August 2021 ... Read More
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Online Travel Sales and Intermediaries in Singapore
... residents. The Singapore government has also advised residents to defer all non-essential travel overseas due to the concern of imported COVID-19 cases. All these factors deprived local online travel sales and intermediaries of enquires and ... Read More
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Online Travel Sales and Intermediaries in Malaysia
... of customers who signed up for holiday tours and packages are demanding refunds from travel intermediaries, with only a minority agreeing to postpone trips to 2021. As a result, travel intermediaries are facing poor cash ... Read More
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Online Travel Sales and Intermediaries in Switzerland
... hit. In 2020, under package travel law, travel intermediaries were obliged to refund in cash all cancelled trips that would have taken place in March and up to mid-May 2020. This was despite the fact ... Read More
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Online Travel Sales and Intermediaries in Denmark
... online or offline. Euromonitor International's Online Travel Sales and Intermediaries in Denmark report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size ... Read More
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Online Travel Sales and Intermediaries in France
... a perceived disappointing performance in 2019. However, as 2018 was considered a strong year, travel intermediaries were likely to find it difficult to fare even better in 2019, especially in the context of “Yellow Vest” ... Read More
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Online Travel Sales and Intermediaries in Japan
... Japan’s Foreign Ministry had listed 87 countries as travel advisory level 3, which prohibits travel, and the rest of the world as level 2, meaning that non-essential trips are recommended against. This represented the widest-ranging ... Read More
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Online Travel Sales and Intermediaries in Belgium
... the lockdown. Euromonitor International's Online Travel Sales and Intermediaries in Belgium report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data ... Read More
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Online Travel Sales and Intermediaries in Portugal
... total collapse. In April 17, the Portuguese government approved temporary measures to allow for reimbursement of trips cancelled due to COVID-19 through a voucher system mediated by online travel agencies (OTAs), valid until 31 December ... Read More
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Travel Arrangement and Reservation Services - 2020 U.S. Market Research Report with Updated COVID-19 Forecasts
... of the industry in the United States with over 100+ data sets covering 2011-2024.The report includes updated 2020, 2021, and 5-year forecasts due to the impact of COVID-19. This Kentley Insights report includes historical and ... Read More
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Online Travel Sales and Intermediaries in New Zealand
... immune to the downturn in business caused by COVID-19-related travel restrictions, online is set to benefit from reduced competition owing to store closures, as the dynamics of the industry continue to shift towards online and ... Read More
