Travel & Tourism in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Europe
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Europe
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 Europe travel & tourism market with five year forecasts
Essential resource for top-line data and analysis covering the Europe travel & tourism market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
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What was the size of the Europe travel & tourism market by value in 2015?
What will be the size of the Europe travel & tourism market in 2020?
What factors are affecting the strength of competition in the Europe travel & tourism market?
How has the market performed over the last five years?
What are the main segments that make up Europe's travel & tourism market?
The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming. The European travel & tourism industry had total revenues of $1,592.5bn in 2015, representing a compound annual growth rate (CAGR) of 3.5% between 2011 and 2015. The foodservice segment was the industry's most lucrative in 2015, with total revenues of $644.1bn, equivalent to 40.4% of the industry's overall value. The European industry has grown at a steady rate in recent years, as many countries in this region have begun to improve their economic prospects. However, recent terrorist attacks and the migrant crisis have casted a shadow on the prospects of the industry in Europe as tourists might perceive Europe to be dangerous to travel.