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Cruise & Travel Agency Franchises in the US - Industry Market Research Report

Publisher IBISWorld
Published Oct 26, 2022
Length 48 Pages
SKU # IBSS17501989

Description

Cruise & Travel Agency Franchises in the US - Industry Market Research Report

Cruise & Travel Agency Franchises

The Cruise and Travel Agency Franchises industry has performed well over the five years to 2019 compared with the US economy. Many travel agencies have struggled due to rising external competition from travel websites, such as Expedia, Priceline and Skyscanner, which enable consumers to research locations, compare prices and manage reservations without the assistance of an expert. However, many travel agency franchises have grown, primarily due to their specialization in selling cruises and other complex travel packages that often cannot be booked directly online. The industry will continue to endure external threats from travel websites and consumers booking directly through suppliers, and from a range of independent travel agents and other member agencies. However, the popularity of cruises among Americans will benefit the industry.

This industry includes franchised travel agent establishments that sell travel, tour and accommodation services and packages. Online sales are excluded from this industry. Reports in the IBISWorld Business Franchise collection focus solely on franchised outlet operations and exclude nonfranchise data. These reports show the total number of franchise outlets, total franchise revenue, the average profit margin earned by franchisees and the largest franchisers by market share.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

48 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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