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

  • Recreational Vehicle Parks

    ... Thousand Trails (both based in the US), as well as Discovery Holiday Parks (Australia); Siblu (France); and the UK-based Camping and Caravanning Club, and Parkdean Resorts. COMPETITIVE LANDSCAPE Demand is driven by personal income and ... Read More

  • Travel in Laos

    ... a ban on most flights, with some exceptions for essential travel and traffic. Furthermore, Laos suspended all tourist visas until further notice to prevent the inflow of foreigners. Laos had a proactive approach which included ... Read More

  • Travel in Russia

    ... tourism will not suffice to offset losses incurred during lockdown and continuously changing travel restrictions. Euromonitor International's Travel in Russia report offers a comprehensive guide to the size and shape of the market at a ... Read More

  • Tourism Flows in Russia

    ... raft of restrictions, including lockdowns, across the country. Regulations on movement within the country varied from region to region and have been lifted step-by-step in line with each region’s current virus status. Business travel has ... Read More

  • 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

  • Travel in Serbia

    ... hotels and retail outlets, including travel agencies and car rental facilities were closed, and consumers remained largely restricted to their homes except in cases of essential movement. These conditions effectively halted tourism operations altogether, which ... Read More

  • Lodging in Russia

    ... inbound tourism stalled and regulations around movement within Russia undermined domestic travel. During lockdown, hotels and short-term rentals suspended all usual services. While many shut their doors firmly, others reoriented their activities towards delivery and ... Read More

  • Tourism Flows in Ireland

    ... numbers from the key source markets of the US, Canada, and Australia as early as January 2020. The US, Canada, and Australia have very deep cultural associations with Ireland, with large numbers of second-generation Irish ... Read More

  • 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

  • 2021 U.S. Hotels & Motels Industry-Industry & Market Report

    ... of the industry (sales, establishments, employment) nationally and for all 50 U.S. States and over 900 metro areas. Other data include financial ratios, number of firms, payroll, industry definition, 5-year historical trends on industry sales, ... Read More

  • Travel in Bolivia

    ... imposing varying degrees of quarantine across the country. This hit every sector of the travel industry, and Bolivia’s travel industry, which has seen solid growth over the review period is set to see wholesale value ... Read More

  • Travel in Ireland

    ... closure of borders and the introduction of quarantine requirements brought most international travel to an abrupt halt during the year, with consumers remaining reluctant to venture far afield due to both health and economic concerns ... Read More

  • Travel in Hungary

    ... outlets, including travel agencies and car rental facilities were closed, and consumers remained largely restricted to their homes except in cases of essential movement and a curfew was put in place. These conditions effectively halted ... Read More

  • Tourism Flows in Bulgaria

    ... Romania and Greece, plus markets that have shown healthy growth in recent years, including Ukraine, Turkey and Moldova. At the start of 2020, tourist arrivals in Bulgaria already faced strong competition from rival countries such ... Read More

  • Lodging in Ireland

    ... Ltd, the leading player in the fragmented lodging category in Ireland, announced the redundancies of 1,900 staff in the market, confirming in June that the job cuts would include 35% of the workforce at its ... Read More

  • Lodging in the Philippines

    ... the number of tourists, both international and domestic, and both business and leisure, has plummeted. Short-term rentals and hostels are expected to see the strongest declines, followed by hotels. Within hotels, luxury and upscale hotels ... Read More

  • 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

  • Airlines in Bulgaria

    ... International Civil Aviation Organisation (ICAO) estimated that global international capacity could fall by as much as two thirds during the first three quarters of 2020, compared to original forecasts. Europe was expected to be one ... Read More

  • Lodging in Sweden

    ... offline value by 49%. Hotels is falling faster than short-term rentals, though not by much. Euromonitor International's Lodging in Sweden report offers a comprehensive guide to the size and shape of the market at a ... Read More

  • Tourism Flows in Hungary

    ... a strong desire to take trips again in the second half of the year, especially as unused vacation days started to pile up. Domestic tourism gained momentum very quickly in the summer months following lockdown, ... Read More

  • Lodging in Hungary

    ... Hungary, with its properties mainly in Budapest and it is expected to be severely hit by COVID-19. Also, more upmarket hotels, with facilities such as spas which are deemed particularly unsafe due to COVID-19, are ... Read More

  • Lodging in Bulgaria

    ... leisure travellers across both domestic and international markets is leading to an unprecedented decline in spending on lodging services, creating one of the worst crises to face hotel and short-term rental operators, as well as ... Read More

  • 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

  • Travel in Sweden

    ... result of lockdowns or prohibitions by Swedish authorities. While Sweden’s borders have remained open, its famously unorthodox response to the coronavirus crisis has not cushioned the country’s travel industry from the same catastrophic impact seen ... Read More

  • Airlines in Hungary

    ... as travel to major Mediterranean holiday destinations is expected to be virtually non-existent in 2020. Low cost airlines are expected to perform relatively better. During summer 2020, there was a small uplift in the number ... Read More

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