
Global Travel & Tourism
Description
Global Travel & Tourism
Summary
Global Travel & Tourism industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Global Travel & Tourism industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Travel & tourism industry is segmented into passenger airlines, passenger rail, foodservice, hotels & motels, and travel intermediaries.
- The global travel & tourism Industry recorded revenues of $4,402.0 billion in 2023, representing a compound annual growth rate (CAGR) of 2.2% between 2018 and 2023.
- The travel intermediaries segment accounted for the industry's largest proportion in 2023, with total revenues of $1,328.0 billion, equivalent to 30.2% of the industry's overall value.
- Increasing capital investment in the travel & tourism industry is a key driver of growth, particularly in sectors such as airlines, railways, foodservice, and accommodation. Investors are channelling more funds into expanding travel infrastructure to meet rising demand. According to the World Bank, the capital investment in travel and tourism in the US reached $237.2 billion in 2023, reflecting a 5.0% increase from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global travel & tourism market
- Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global travel & tourism market with five year forecasts
- What was the size of the Global travel & tourism market by value in 2023?
- What will be the size of the Global travel & tourism market in 2028?
- What factors are affecting the strength of competition in the Global travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's travel & tourism market?
Table of Contents
45 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the recent developments in the industry?
- 8 Company Profiles
- 8.1. Booking Holdings Inc
- 8.2. Marriott International Inc
- 8.3. Delta Air Lines Inc
- 8.4. Inspire Brands Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Global travel & tourism industry value: $ million, 2018-23
- Table 2: Global travel & tourism industry category segmentation: % share, by value, 2018-23
- Table 3: Global travel & tourism industry category segmentation: $ million, 2018-23
- Table 4: Global travel & tourism industry geography segmentation: $ million, 2023
- Table 5: Global travel & tourism industry value forecast: $ million, 2023-28
- Table 6: Booking Holdings Inc: Key Facts
- Table 7: Booking Holdings Inc: Annual Financial Ratios
- Table 8: Booking Holdings Inc: Key Employees
- Table 9: Marriott International Inc: Key Facts
- Table 10: Marriott International Inc: Annual Financial Ratios
- Table 11: Marriott International Inc: Key Employees
- Table 12: Marriott International Inc: Key Employees Continued
- Table 13: Marriott International Inc: Key Employees Continued
- Table 14: Delta Air Lines Inc: Key Facts
- Table 15: Delta Air Lines Inc: Annual Financial Ratios
- Table 16: Delta Air Lines Inc: Key Employees
- Table 17: Delta Air Lines Inc: Key Employees Continued
- Table 18: Inspire Brands Inc: Key Facts
- Table 19: Inspire Brands Inc: Key Employees
- Table 20: Global Exchange Rate, 2018-23
- List of Figures
- Figure 1: Global travel & tourism industry value: $ million, 2018-23
- Figure 2: Global travel & tourism industry category segmentation: $ million, 2018-23
- Figure 3: Global travel & tourism industry geography segmentation: % share, by value, 2023
- Figure 4: Global travel & tourism industry value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the global travel & tourism industry, 2023
- Figure 6: Drivers of buyer power in the global travel & tourism industry, 2023
- Figure 7: Drivers of supplier power in the global travel & tourism industry, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the global travel & tourism industry, 2023
- Figure 9: Factors influencing the threat of substitutes in the global travel & tourism industry, 2023
- Figure 10: Drivers of degree of rivalry in the global travel & tourism industry, 2023
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