
Travel & Tourism in Europe
Description
Travel & Tourism in Europe
Summary
Travel & Tourism in Europe industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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
Travel & Tourism in Europe industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 European travel & tourism industry recorded revenues of $1,198.8 billion in 2023, representing a compound annual growth rate (CAGR) of 1.3% between 2018 and 2023.
- The hotels & motels segment accounted for the industry's largest proportion in 2023, with total revenues of $391.7 billion, equivalent to 32.7% 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 Germany reached $41.8 billion in 2023, reflecting a 4.3% increase from 2022.
- 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 by both value and volume
- What was the size of the Europe travel & tourism market by value in 2023?
- What will be the size of the Europe travel & tourism market in 2028?
- What factors are affecting the strength of competition in the Europe travel & tourism market?
- How has the market performed over the last five years?
- Who are the top competitors in Europe'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. Accor SA
- 8.2. Deutsche Lufthansa AG
- 8.3. McDonald's Restaurants Ltd
- 8.4. TUI AG
- 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: Europe travel & tourism industry value: $ million, 2018-23
- Table 2: Europe travel & tourism industry category segmentation: % share, by value, 2018-23
- Table 3: Europe travel & tourism industry category segmentation: $ million, 2018-23
- Table 4: Europe travel & tourism industry geography segmentation: $ million, 2023
- Table 5: Europe travel & tourism industry value forecast: $ million, 2023-28
- Table 6: Accor SA: Key Facts
- Table 7: Accor SA: Annual Financial Ratios
- Table 8: Accor SA: Key Employees
- Table 9: Accor SA: Key Employees Continued
- Table 10: Deutsche Lufthansa AG: Key Facts
- Table 11: Deutsche Lufthansa AG: Annual Financial Ratios
- Table 12: Deutsche Lufthansa AG: Key Employees
- Table 13: Deutsche Lufthansa AG: Key Employees Continued
- Table 14: McDonald's Restaurants Ltd: Key Facts
- Table 15: McDonald's Restaurants Ltd: Key Employees
- Table 16: TUI AG: Key Facts
- Table 17: TUI AG: Annual Financial Ratios
- Table 18: TUI AG: Key Employees
- Table 19: TUI AG: Key Employees Continued
- Table 20: Europe Size of Population (million), 2019-23
- Table 21: Europe real GDP (Constant 2010 Prices, $ billion), 2019-23
- Table 22: Europe GDP (Current Prices, $ Billion), 2019-23
- Table 23: Europe Inflation, 2019-23
- Table 24: Europe Consumer Price Index (Absolute), 2019-23
- Table 25: Europe Exchange Rate, 2018-23
- List of Figures
- Figure 1: Europe travel & tourism industry value: $ million, 2018-23
- Figure 2: Europe travel & tourism industry category segmentation: $ million, 2018-23
- Figure 3: Europe travel & tourism industry geography segmentation: % share, by value, 2023
- Figure 4: Europe travel & tourism industry value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the travel & tourism industry in Europe, 2023
- Figure 6: Drivers of buyer power in the travel & tourism industry in Europe, 2023
- Figure 7: Drivers of supplier power in the travel & tourism industry in Europe, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Europe, 2023
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Europe, 2023
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Europe, 2023
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.