
Travel Agencies and Tour Operators in Ireland - Industry Market Research Report
Description
Travel Agencies and Tour Operators in Ireland
Revenue is forecast to contract at a compound annual rate of 1.7% over the five years through 2023 to €1.7 billion. Before the pandemic, revenue trended upwards in line with rising disposable incomes and high levels of consumer sentiment. High sentiment levels made consumers more likely to spend on holidays, typified by rising personal consumption expenditure, which aided demand for travel and tour packages. However, in 2020, revenue plummeted by 60.6% due to lockdown and travel restrictions imposed to combat COVID-19.
The industry comprises agencies that provide booking, reservation and information services to UK residents travelling domestically and internationally. The industry includes agencies that are solely or partially online or shop-front operators. Operators also arrange, assemble and conduct tours in Ireland and other countries. Operators mainly generate their income from commissions.
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.
Revenue is forecast to contract at a compound annual rate of 1.7% over the five years through 2023 to €1.7 billion. Before the pandemic, revenue trended upwards in line with rising disposable incomes and high levels of consumer sentiment. High sentiment levels made consumers more likely to spend on holidays, typified by rising personal consumption expenditure, which aided demand for travel and tour packages. However, in 2020, revenue plummeted by 60.6% due to lockdown and travel restrictions imposed to combat COVID-19.
The industry comprises agencies that provide booking, reservation and information services to UK residents travelling domestically and internationally. The industry includes agencies that are solely or partially online or shop-front operators. Operators also arrange, assemble and conduct tours in Ireland and other countries. Operators mainly generate their income from commissions.
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
41 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
Search Inside Report
Pricing
Currency Rates
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