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IT Trends in the Travel, Cruise, and Hospitality Market

  • Executive Summary
    • Market Overview
    • Key Findings
  • Market Overview
    • Definitions
  • Methodology
    • Methodology: Hotel and Travel Booking
    • Methodology: Cruise Market
  • Total Travel, Cruise, and Hospitality Market
    • Total Travel, Cruise, and Hospitality Market-Revenue Forecast
    • Travel Market and Its Ancillaries-Revenue Forecast
    • Travel Market-Drivers, Challenges and Trends
    • Travel Market-Market Snapshot
    • Travel Market Split by Booking Source
  • Cruise Market
    • Cruise Market-Revenue Forecast
    • Cruise Market-Region-wise Split
  • Hospitality Market
    • Hospitality Market-Drivers, Challenges and Trends
    • Hospitality Market-Market Snapshot
    • Hospitality Market-Revenue Forecast
    • Hospitality Market-IT Services Revenue Forecast
  • OTA Segment
    • OTA Segment-Market Snapshot
    • OTA Segment-Revenue Forecast
    • OTA Segment-Service Type Break-up
  • The Last Word
    • The Last Word-Predictions
  • Appendix
    • Colour Code For Keys Used Throughout The Presentation

IT Trends in the Travel, Cruise, and Hospitality Market

Global tourism has registered significant growth in recent years and has become one of the largest and fastest growing sectors globally. The growth has been significant as global international tourists increased from 􂀀million in 1995 to a whopping 􂀀 million in 2014.

More than half of international tourists travel by air and growth in tourism is a shot in the arm for the air transport sector as well. Tourism has supported growth of the air transport sector by helping increase connectivity and capacity.

As companies expand globally, the air travel market grows consistently to meet the demand of business travellers. Moreover, as a result of rising income levels, extra leisure time, and change in lifestyle across the globe, people have started traveling to faraway places on vacation.

Tourism has become an integral and one of the most important revenue earners and job creators for many nations.

About this report

The travel, cruise, and hospitality has gradually become a more technologically equipped sophisticated market. The service providers strive to harness emerging technologies to enhance customer experience and loyalty. The pressure to operate efficiently is driven by the dynamic growth in passengers and increased customer expectations while delivering an unparalleled user experience.


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