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Travel Services Market Research Reports & Industry Analysis

The travel service industry consists of companies whose primary goal is to market travel services by providing the services of booking and arranging travel tours and accommodations to general and commercial clients. Travel services are primarily engaged for include reservations and tickets for lodging and flights while traveling, as well as arranging packaged tours and cruises. Operators in the travel services industry are also able to arrange auto rentals, set up travel insurance, and help with the monetary exchanges for international travel. This industry possesses a well-established base of suppliers.

The demand for travel agents is reliant upon 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 online services will increase overall profitability. The revenue of the travel service industry is made of up the fees charged for their services, and what services the client requests.

Independent travel service companies are dependent upon 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 service companies focus on corporate clients, and are able to provide a broad spectrum of services, as well as operate elaborate websites to promote their services.

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Travel Services Industry Research & Market Reports

  • Sweden Tourism Q4 2018

    ... transport infrastructure. Though acomparatively small market in terms of international arrivals, the complementing strength of the domestic tourism sector combinedwith an active business travel market and the country's open and transparent investment environment mean that ... Read More

  • Caribbean Tourism Q4 2018

    ... the hurricanes inSeptember 2017 struggle to reopen ahead of the high season in Q418. While many islands will be able to attract returning tourists,infrastructure damage and hotel closures will continue to undermine arrivals into 2019. Read More

  • Cote d'Ivoire Tourism Q4 2018

    ... market offers a multitude of attractions, including cultural and historical sites,beaches and wildlife – all factors that have strong monetisation potential – the short- to medium-term outlook is negative. Overrecent years, the country has been ... Read More

  • Thailand Tourism Q4 2018

    ... pristine beaches and a multitude of entertainment optionsattract a diverse set of holidaymakers from all parts of the globe. We envisage a robust and positive growth outlook for 2018 andover the medium-term to 2022 powered ... Read More

  • Ukraine Tourism Q4 2018

    ... making the country a more viableprospect for investors. Several new hotels are under development in the country and flight routes are expanding, making Ukraineboth more attractive and more accessible to high spend visitors. Downside risks ... Read More

  • Singapore Tourism Q4 2018

    ... not be as strong for the forecast period 2018-2022 due to Singapore's geographical limitations and more importantlydue to geographical competition. Despite this, we still see potential for the tourism market as Singapore diversifies its offerings Read More

  • Russia Tourism Q4 2018

    ... of attractions, not only in popular cities such as Moscowand St Petersburg but also in lesser known towns and rural areas means Russia can cater to a major cross-section of travellers andawareness of the country ... Read More

  • Bed & Breakfast Inns

    ... No major companies operate in the industry. COMPETITIVE LANDSCAPE Demand is driven by personal disposable income. The profitability of individual establishments depends on occupancy rate and operational efficiency. Larger B&Bs may have advantages in providing ... Read More

  • Travel in South Korea

    ... consumers keen to spend time with family and friends. In addition, arrivals slowly recovered from the strong decline in Chinese travellers in 2017, as political tensions between neighbouring China and North Korea eased. Euromonitor International's ... Read More

  • Lodging in Germany

    ... This can be largely attributed to a higher number of travellers in the context of growing domestic and inbound flows, both in terms of business and leisure trips. Mid-market hotels remained the best performing hotel ... Read More

  • Travel in Ecuador

    ... Cotopaxi Volcano, and a zika outbreak. An increase in arrivals of Venezuelan citizens also helped to boost arrival statistics, although some of these arrivals only use Ecuador as transit to other countries or as a ... Read More

  • Lodging in Morocco

    ... which offer a wide range of accommodation to tourists across the country, depending on the purchasing power and budgets of different consumers. Moreover, many people prefer short-term rentals as they can browse the many choices ... Read More

  • Travel in Finland

    ... tourism has benefited from double-digit growth rates from key Asian source markets, boosted by push factors such as a travel-hungry Chinese middle class and pull factors such as constantly increasing direct seat capacity on flights ... Read More

  • Travel in France

    ... and the favourable euro/US dollar exchange rate boosted inbound arrivals, as did a decrease in terrorism threats since the attacks of 2015-2016. However, growth in the numbers of domestic trips by air and rail was ... Read More

  • Lodging in Norway

    ... limitation at NOK20,000 per year on short-term rentals income for private individuals is set to prevent unfair competition, whilst letting Norwegians embrace the sharing economy. The rapid increase in outlet numbers and the value sales ... Read More

  • Travel in Austria

    ... and great popularity with neighbouring countries, whilst growth was recently particularly strong in tourists from emerging markets such as China, India and Arab countries. Austria has just experienced a record year in winter tourism and ... Read More

  • Lodging in South Korea

    ... the origin of travellers by attracting more tourists from Southeast Asia and the Middle East, many lodging players actively carried out promotions by offering discounts and packages with various products. Paradise City hotel near Incheon ... Read More

  • Lodging in Switzerland

    ... better due to increasing overnight stays as the Swiss franc has depreciated considerably against the euro since the second half of 2017. Luxury and upscale hotels registered above-average growth in 2017 and 2018 thanks to ... Read More

  • Travel in Norway

    ... kind of exoticism into the traditional image of Norway. The travel industry performed well in 2018, and both locals and international visitors enjoyed authentic and exotic escapes in more areas of the countryside and coast. ... Read More

  • Travel in the Netherlands

    ... well, consumer confidence is rising, with this having a strong and positive influence on the development of the travel industry. The economy of the Netherlands does not grow in isolation, being linked to positive economic ... Read More

  • Travel in Bulgaria

    ... delivered a greater number of tourists and increased revenue, despite the return of European travellers to competitor destinations like Turkey, Egypt, Tunisia and Morocco. Finally, strong growth was observed in city breaks. While inbound arrivals ... Read More

  • Travel in Germany

    ... further, in some cases even quite substantial, growth rates. Consequently, all other indicators with Germany as a destination as well as a source country also performed quite well. The main factor which positively impacted the ... Read More

  • Travel in India

    ... build strong loyalty and run businesses efficiently. These include mobile applications, social media, “big data” analytics, artificial intelligence (AI) and machine learning, virtual reality (VR) and augmented reality (AR). Also, driven by global digital players ... Read More

  • Airlines in Bulgaria

    ... represent a sharp slowdown compared to the review period, when passenger numbers and spending saw double-digit growth. The current pessimistic projections are based on the expectation that the activity of low cost carriers in the ... Read More

  • Airlines in China

    ... and schedule airlines focused on their own areas and being strongly competitive. Even though the growth of the Chinese economy is slowing down, increased per capita incomes, upgraded consumption and the rise of the middle-classes, ... Read More

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