
Customisation and Personalisation in Travel Market
Description
Customisation and Personalisation in Travel Market
Millennial travellers are suave and are always in search of something special during their business or leisure tours. They are smart, well researched, very clear about their priorities and needs and are eager to shell out any money to gain a comfortable travel experience. The scope and relevance of a travel marketer are massive in the modern tourism market. The trend of customisation and personalisation in travel marketing is slowly but steadily emerging in the market. A properly planned tour with significant inputs can change the entire travel experience for a tourist. The use and accumulation of travel data has changed the face of the travel industry and given it a new dimension. New travel portals have created a virtual corridor for travellers leading them into a better and bigger arena of the travel world. A host of travel tools are now in use and many of the leading travel agents around the world are using these tools for customisation and personalisation in travel marketing.
Personalised and customised travel marketing holds the key to success for key stakeholders in the travel industry. Modern day customers are shifting towards tailor-made and customised travel packages. Emails are a passé in the evolving travel industry. Travel companies are using advanced tools to promote their offerings. To woo a new lot of travellers companies are rehashing their travel marketing strategies by collating in-depth information about a particular traveler and sending out professional and customised emails by gauging the exact choice of the customer. Most of the travel companies are using high-end marketing tools to segregate customer information and are then scripting personalised mails and newsletters to ignite the interest of the tourists about a specific tour package.
Social media platforms are playing a pivotal role in changing the canvas of customised and personalised travel marketing. Several travellers around the globe are using social media platforms to complete their pre-travel research. Marketers are also predominantly using social media platforms such as Facebook and Twitter to market their products and services. Travel management companies around the globe are actively using social media platforms to woo the hashtag loving travellers.
A customised and personalised social media campaign can not only create a new band of consumers, but it can also strengthen the loyalty of the customer towards the company. An active social media presence can provide an instant launch pad to any marketing or promotional activity planned by the company. The emergence of an array of tourism trends such as medical tourism, eco-tourism, jungle safari, and village tourism (where a tourist gets a chance to live like a native of that village along with the villagers) is also fuelling the growth of customisation and personalisation in travel marketing.
Customisation and Personalisation in Travel Marketing: Game Changers
Factors such as emergence of millennial travellers and travel-friendly economies across the globe are acting as a key component in the development of customisation and personalisation in travel marketing. The massive digital wave that eroded the entire travel industry has created a ground of benefits for customised and personalised travel marketing. The mushrooming of new travel destinations across the globe is also expediting the need for personalised and customised travel marketing.
Customisation and Personalisation in Travel Marketing: Restraints
A massive population of tourists across the world are still dependent on conventional ways of travelling. The pool of aged travellers is still shunning modern and customised travel marketing as they are ignorant to new technologies.
This comprehensive report equips readers with lucid information and analysis on the sector. Future Market Insights’ experienced travel and tourism analysts bring to you accurate and unbiased information to help you make crucial decisions with confidence.
The report offers a 360° view – bringing to the fore key drivers, restraints, opportunities, and challenges prevailing in the sector. To offer readers actionable insights, detailed information on historical trends, current scenario, and future projections is provided in the report.
The report specifically focusses on the leading companies operating in this sector, highlighting their key developmental strategies. A holistic analysis of the leading players is highlighted to help decision makers understand the overall competitive landscape.
What Can Readers Expect from this Report?
An overview of the sector, including the key factors that have shaped patterns and demand
Not just data, but insights that you can incorporate in your strategic decision making
Nuanced underlying factors that influence consumer behaviour
Data points to understand the past, analyse the present, and project the future
Trends that will impact the sector in the short- and long-term
Deeper understanding of the target audience, their motivations, aspirations, and expectations from service providers
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.
Table of Contents
333 Pages
- 1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand-side Trends
- 1.3. Supply-side Trends
- 1.4. Technology Roadmap Analysis
- 1.5. Analysis and Recommendations
- 2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
- 3. Market Background
- 3.1. Market Dynamics
- 3.1.1. Drivers
- 3.1.2. Restraints
- 3.1.3. Opportunity
- 3.1.4. Trends
- 3.2. Scenario Forecast
- 3.2.1. Demand in Optimistic Scenario
- 3.2.2. Demand in Likely Scenario
- 3.2.3. Demand in Conservative Scenario
- 3.3. Opportunity Map Analysis
- 3.4. Product Life Cycle Analysis
- 3.5. Investment Feasibility Matrix
- 3.6. PESTLE and Porter’s Analysis
- 3.7. Regulatory Landscape
- 3.7.1. By Key Regions
- 3.7.2. By Key Countries
- 3.8. Regional Parent Market Outlook
- 4. Global Customisation and Personalisation in Travel Market Analysis 2017-2021 and Forecast, 2022-2032
- 4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021
- 4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032
- 4.2.1. Y-o-Y Growth Trend Analysis
- 4.2.2. Absolute $ Opportunity Analysis
- 5. Global Customisation and Personalisation in Travel Market Analysis 2017-2021 and Forecast 2022-2032, By Service Type
- 5.1. Introduction / Key Findings
- 5.2. Historical Market Size Value (US$ Mn) Analysis By Service Type, 2017-2021
- 5.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Service Type, 2022-2032
- 5.3.1. In-flight Personalization
- 5.3.2. Cruise Lines Personalization
- 5.3.3. Adventure Travel
- 5.3.4. In-hotel
- 5.3.5. Others
- 5.4. Y-o-Y Growth Trend Analysis By Service Type, 2017-2021
- 5.5. Absolute $ Opportunity Analysis By Service Type, 2022-2032
- 6. Global Customisation and Personalisation in Travel Market Analysis 2017-2021 and Forecast 2022-2032, By Mode of Booking
- 6.1. Introduction / Key Findings
- 6.2. Historical Market Size Value (US$ Mn) Analysis By Mode of Booking, 2017-2021
- 6.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Mode of Booking, 2022-2032
- 6.3.1. OTA Platform
- 6.3.2. Offline
- 6.4. Y-o-Y Growth Trend Analysis By Mode of Booking, 2017-2021
- 6.5. Absolute $ Opportunity Analysis By Mode of Booking, 2022-2032
- 7. Global Customisation and Personalisation in Travel Market Analysis 2017-2021 and Forecast 2022-2032, By Purpose
- 7.1. Introduction / Key Findings
- 7.2. Historical Market Size Value (US$ Mn) Analysis By Purpose, 2017-2021
- 7.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Purpose, 2022-2032
- 7.3.1. Leisure
- 7.3.2. Business
- 7.4. Y-o-Y Growth Trend Analysis By Purpose, 2017-2021
- 7.5. Absolute $ Opportunity Analysis By Purpose, 2022-2032
- 8. Global Customisation and Personalisation in Travel Market Analysis 2017-2021 and Forecast 2022-2032, By Travel Type
- 8.1. Introduction / Key Findings
- 8.2. Historical Market Size Value (US$ Mn) Analysis By Travel Type, 2017-2021
- 8.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Travel Type, 2022-2032
- 8.3.1. International
- 8.3.2. Domestic
- 8.4. Y-o-Y Growth Trend Analysis By Travel Type, 2017-2021
- 8.5. Absolute $ Opportunity Analysis By Travel Type, 2022-2032
- 9. Global Customisation and Personalisation in Travel Market Analysis 2017-2021 and Forecast 2022-2032, By Region
- 9.1. Introduction
- 9.2. Historical Market Size Value (US$ Mn) Analysis By Region, 2017-2021
- 9.3. Current Market Size Value (US$ Mn) Analysis and Forecast By Region, 2022-2032
- 9.3.1. North America
- 9.3.2. Latin America
- 9.3.3. Europe
- 9.3.4. Asia Pacific
- 9.3.5. Middle East and Africa
- 9.4. Market Attractiveness Analysis By Region
- 10. North America Customisation and Personalisation in Travel Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 10.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 10.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 10.2.1. By Country
- 10.2.1.1. U.S.
- 10.2.1.2. Canada
- 10.2.2. By Service Type
- 10.2.3. By Mode of Booking
- 10.2.4. By Purpose
- 10.2.5. By Travel Type
- 10.3. Market Attractiveness Analysis
- 10.3.1. By Country
- 10.3.2. By Service Type
- 10.3.3. By Mode of Booking
- 10.3.4. By Purpose
- 10.3.5. By Travel Type
- 10.4. Key Takeaways
- 11. Latin America Customisation and Personalisation in Travel Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 11.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 11.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 11.2.1. By Country
- 11.2.1.1. Brazil
- 11.2.1.2. Mexico
- 11.2.1.3. Rest of Latin America
- 11.2.2. By Service Type
- 11.2.3. By Mode of Booking
- 11.2.4. By Purpose
- 11.2.5. By Travel Type
- 11.3. Market Attractiveness Analysis
- 11.3.1. By Country
- 11.3.2. By Service Type
- 11.3.3. By Mode of Booking
- 11.3.4. By Purpose
- 11.3.5. By Travel Type
- 11.4. Key Takeaways
- 12. Europe Customisation and Personalisation in Travel Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 12.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 12.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 12.2.1. By Country
- 12.2.1.1. Germany
- 12.2.1.2. Italy
- 12.2.1.3. France
- 12.2.1.4. U.K.
- 12.2.1.5. Russia
- 12.2.1.6. BENELUX
- 12.2.1.7. Rest of Europe
- 12.2.2. By Service Type
- 12.2.3. By Mode of Booking
- 12.2.4. By Purpose
- 12.2.5. By Travel Type
- 12.3. Market Attractiveness Analysis
- 12.3.1. By Country
- 12.3.2. By Service Type
- 12.3.3. By Mode of Booking
- 12.3.4. By Purpose
- 12.3.5. By Travel Type
- 12.4. Key Takeaways
- 13. Asia Pacific Customisation and Personalisation in Travel Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 13.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 13.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 13.2.1. By Country
- 13.2.1.1. China
- 13.2.1.2. Japan
- 13.2.1.3. South Korea
- 13.2.1.4. Rest of Asia Pacific
- 13.2.2. By Service Type
- 13.2.3. By Mode of Booking
- 13.2.4. By Purpose
- 13.2.5. By Travel Type
- 13.3. Market Attractiveness Analysis
- 13.3.1. By Country
- 13.3.2. By Service Type
- 13.3.3. By Mode of Booking
- 13.3.4. By Purpose
- 13.3.5. By Travel Type
- 13.4. Key Takeaways
- 14. Middle East and Africa Customisation and Personalisation in Travel Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 14.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 14.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 14.2.1. By Country
- 14.2.1.1. GCC Countries
- 14.2.1.2. South Africa
- 14.2.1.3. Turkey
- 14.2.1.4. Rest of Middle East and Africa
- 14.2.2. By Service Type
- 14.2.3. By Mode of Booking
- 14.2.4. By Purpose
- 14.2.5. By Travel Type
- 14.3. Market Attractiveness Analysis
- 14.3.1. By Country
- 14.3.2. By Service Type
- 14.3.3. By Mode of Booking
- 14.3.4. By Purpose
- 14.3.5. By Travel Type
- 14.4. Key Takeaways
- 15. Key Countries Customisation and Personalisation in Travel Market Analysis
- 15.1. U.S.
- 15.1.1. Pricing Analysis
- 15.1.2. Market Share Analysis, 2021
- 15.1.2.1. By Service Type
- 15.1.2.2. By Mode of Booking
- 15.1.2.3. By Purpose
- 15.1.2.4. By Travel Type
- 15.2. Canada
- 15.2.1. Pricing Analysis
- 15.2.2. Market Share Analysis, 2021
- 15.2.2.1. By Service Type
- 15.2.2.2. By Mode of Booking
- 15.2.2.3. By Purpose
- 15.2.2.4. By Travel Type
- 15.3. Brazil
- 15.3.1. Pricing Analysis
- 15.3.2. Market Share Analysis, 2021
- 15.3.2.1. By Service Type
- 15.3.2.2. By Mode of Booking
- 15.3.2.3. By Purpose
- 15.3.2.4. By Travel Type
- 15.4. Mexico
- 15.4.1. Pricing Analysis
- 15.4.2. Market Share Analysis, 2021
- 15.4.2.1. By Service Type
- 15.4.2.2. By Mode of Booking
- 15.4.2.3. By Purpose
- 15.4.2.4. By Travel Type
- 15.5. Germany
- 15.5.1. Pricing Analysis
- 15.5.2. Market Share Analysis, 2021
- 15.5.2.1. By Service Type
- 15.5.2.2. By Mode of Booking
- 15.5.2.3. By Purpose
- 15.5.2.4. By Travel Type
- 15.6. Italy
- 15.6.1. Pricing Analysis
- 15.6.2. Market Share Analysis, 2021
- 15.6.2.1. By Service Type
- 15.6.2.2. By Mode of Booking
- 15.6.2.3. By Purpose
- 15.6.2.4. By Travel Type
- 15.7. France
- 15.7.1. Pricing Analysis
- 15.7.2. Market Share Analysis, 2021
- 15.7.2.1. By Service Type
- 15.7.2.2. By Mode of Booking
- 15.7.2.3. By Purpose
- 15.7.2.4. By Travel Type
- 15.8. U.K.
- 15.8.1. Pricing Analysis
- 15.8.2. Market Share Analysis, 2021
- 15.8.2.1. By Service Type
- 15.8.2.2. By Mode of Booking
- 15.8.2.3. By Purpose
- 15.8.2.4. By Travel Type
- 15.9. Russia
- 15.9.1. Pricing Analysis
- 15.9.2. Market Share Analysis, 2021
- 15.9.2.1. By Service Type
- 15.9.2.2. By Mode of Booking
- 15.9.2.3. By Purpose
- 15.9.2.4. By Travel Type
- 15.10. BENELUX
- 15.10.1. Pricing Analysis
- 15.10.2. Market Share Analysis, 2021
- 15.10.2.1. By Service Type
- 15.10.2.2. By Mode of Booking
- 15.10.2.3. By Purpose
- 15.10.2.4. By Travel Type
- 15.11. China
- 15.11.1. Pricing Analysis
- 15.11.2. Market Share Analysis, 2021
- 15.11.2.1. By Service Type
- 15.11.2.2. By Mode of Booking
- 15.11.2.3. By Purpose
- 15.11.2.4. By Travel Type
- 15.12. Japan
- 15.12.1. Pricing Analysis
- 15.12.2. Market Share Analysis, 2021
- 15.12.2.1. By Service Type
- 15.12.2.2. By Mode of Booking
- 15.12.2.3. By Purpose
- 15.12.2.4. By Travel Type
- 15.13. South Korea
- 15.13.1. Pricing Analysis
- 15.13.2. Market Share Analysis, 2021
- 15.13.2.1. By Service Type
- 15.13.2.2. By Mode of Booking
- 15.13.2.3. By Purpose
- 15.13.2.4. By Travel Type
- 15.14. GCC Countries
- 15.14.1. Pricing Analysis
- 15.14.2. Market Share Analysis, 2021
- 15.14.2.1. By Service Type
- 15.14.2.2. By Mode of Booking
- 15.14.2.3. By Purpose
- 15.14.2.4. By Travel Type
- 15.15. South Africa
- 15.15.1. Pricing Analysis
- 15.15.2. Market Share Analysis, 2021
- 15.15.2.1. By Service Type
- 15.15.2.2. By Mode of Booking
- 15.15.2.3. By Purpose
- 15.15.2.4. By Travel Type
- 15.16. Turkey
- 15.16.1. Pricing Analysis
- 15.16.2. Market Share Analysis, 2021
- 15.16.2.1. By Service Type
- 15.16.2.2. By Mode of Booking
- 15.16.2.3. By Purpose
- 15.16.2.4. By Travel Type
- 16. Market Structure Analysis
- 16.1. Competition Dashboard
- 16.2. Competition Benchmarking
- 16.3. Market Share Analysis of Top Players
- 16.3.1. By Regional
- 16.3.2. By Service Type
- 16.3.3. By Mode of Booking
- 16.3.4. By Purpose
- 16.3.5. By Travel Type
- 17. Competition Analysis
- 17.1. Competition Deep Dive
- 17.1.1. Hilton Worldwide Holding
- 17.1.1.1. Overview
- 17.1.1.2. Product Portfolio
- 17.1.1.3. Profitability by Market Segments
- 17.1.1.4. Sales Footprint
- 17.1.1.5. Strategy Overview
- 17.1.1.5.1. Marketing Strategy
- 17.1.2. TUI Group
- 17.1.2.1. Overview
- 17.1.2.2. Product Portfolio
- 17.1.2.3. Profitability by Market Segments
- 17.1.2.4. Sales Footprint
- 17.1.2.5. Strategy Overview
- 17.1.2.5.1. Marketing Strategy
- 17.1.3. Airbnb Inc.
- 17.1.3.1. Overview
- 17.1.3.2. Product Portfolio
- 17.1.3.3. Profitability by Market Segments
- 17.1.3.4. Sales Footprint
- 17.1.3.5. Strategy Overview
- 17.1.3.5.1. Marketing Strategy
- 17.1.4. Crown Resorts limited
- 17.1.4.1. Overview
- 17.1.4.2. Product Portfolio
- 17.1.4.3. Profitability by Market Segments
- 17.1.4.4. Sales Footprint
- 17.1.4.5. Strategy Overview
- 17.1.4.5.1. Marketing Strategy
- 17.1.5. Gray and Corporation
- 17.1.5.1. Overview
- 17.1.5.2. Product Portfolio
- 17.1.5.3. Profitability by Market Segments
- 17.1.5.4. Sales Footprint
- 17.1.5.5. Strategy Overview
- 17.1.5.5.1. Marketing Strategy
- 17.1.6. Accor Group
- 17.1.6.1. Overview
- 17.1.6.2. Product Portfolio
- 17.1.6.3. Profitability by Market Segments
- 17.1.6.4. Sales Footprint
- 17.1.6.5. Strategy Overview
- 17.1.6.5.1. Marketing Strategy
- 17.1.7. Carnival Corporation
- 17.1.7.1. Overview
- 17.1.7.2. Product Portfolio
- 17.1.7.3. Profitability by Market Segments
- 17.1.7.4. Sales Footprint
- 17.1.7.5. Strategy Overview
- 17.1.7.5.1. Marketing Strategy
- 17.1.8. Virgin Hotels
- 17.1.8.1. Overview
- 17.1.8.2. Product Portfolio
- 17.1.8.3. Profitability by Market Segments
- 17.1.8.4. Sales Footprint
- 17.1.8.5. Strategy Overview
- 17.1.8.5.1. Marketing Strategy
- 17.1.9. Expedia Group
- 17.1.9.1. Overview
- 17.1.9.2. Product Portfolio
- 17.1.9.3. Profitability by Market Segments
- 17.1.9.4. Sales Footprint
- 17.1.9.5. Strategy Overview
- 17.1.9.5.1. Marketing Strategy
- 17.1.10. KLM Royal Dutch
- 17.1.10.1. Overview
- 17.1.10.2. Product Portfolio
- 17.1.10.3. Profitability by Market Segments
- 17.1.10.4. Sales Footprint
- 17.1.10.5. Strategy Overview
- 17.1.10.5.1. Marketing Strategy
- 18. Assumptions & Acronyms Used
- 19. Research Methodology
Pricing
Currency Rates
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