Travel & Tourism Global Industry Guide 2013-2022

Travel & Tourism Global Industry Guide 2013-2022

Summary

Global Travel & Tourism industry profile provides top-line qualitative and quantitative summary information including: Industry size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Industry.

Key Questions Answered

  • What was the size of the global travel & tourism Industry by value in 2018?
  • What will be the size of the global travel & tourism Industry in 2023?
  • What factors are affecting the strength of competition in the global travel & tourism Industry?
  • How has the Industry performed over the last five years?
  • What are the main segments that make up the global travel & tourism Industry?
Scope
  • Essential resource for top-line data and analysis covering the global travel & tourism Industry. Includes Industry size and segmentation data, textual and graphical analysis of Industry growth trends and leading companies.
  • 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 airlines industry comprises passenger air transportation, including both scheduled and chartered, but excludes air freight transport. Industry volumes are defined as the total number of revenue passengers carried/enplaned (departures) at all airports within the specified country or region, excluding transit passengers who arrive and depart on the same flight code. For the US and Canada, transborder passengers departing from either country are considered as part of the international segment. Industry value is defined as the total revenue obtained by airlines from transporting these passengers. This avoids the double-counting of passengers.
  • The passenger rail sector consists of all passenger transport by 'heavy rail' services, including international, inter-city, regional, and suburban trains (Commuter trains in US terminology are included). However, light rail, tram/streetcar, Metro/Subway, and similar trains are not included.
  • Sector volumes are given in passenger-kilometers (PKM) and international traffic is counted in the country of origin.
  • Sector values in the report consist of revenues generated by operating companies through ticket sales, and so exclude state subsidies.
  • Foodservice is defined as the value of all food and drink, including on-trade drinks not drunk with food, for immediate consumption on the premises or in designated eating areas shared with other foodservice operators, or in the case of takeaway transactions, freshly prepared food for immediate consumption. Foodservice is restricted to the sale of food and drink in specific foodservice channels defined below and excludes vending machines.
  • The food service industry is valued according to total sales of all food and drink (soft and alcoholic) in or through accommodation outlets, pubs, clubs, and bars, full service restaurants, quick service restaurants and fast food, and other. The accommodation segment includes food and drinks sales in bed and breakfasts, guest houses, holiday parks, hostels, and hotels and motels. The pub, club and bar segment includes food and drink sales at nightclubs, private member and social clubs, and pubs and bars. The other segment includes food and drink sales in leisure venues, such as visitor attractions; mobile operators, such as vans and other mobile operators; retailers, such as bakeries, convenience stores, delicatessens, department stores, garden centers, service station forecourts, supermarkets and hypermarkets, and other retail sales.
  • Market volume is defined as the total number of transactions.
  • The hotels & motels industry value consists of all revenues generated by hotels, motels and other accommodation providers through the provision of accommodation and other services. The total value includes room revenue and non-room revenue, including casinos, shops and telecommunication services. The industry is segmented according to the origin of the revenues (leisure consumers and business consumers). Market volumes are classed as the number of hotels in a country or region.
  • Travel intermediaries is part of a business that assists in selling travel products and services to customers. The products may include airline tickets, car rentals, hotels, railway tickets and package holidays that may combine several products.
  • The casinos and gaming market consists of all forms of betting and gaming. All values are stated in terms of gross gaming win. This is the total amount waged by customers minus the total amount paid out to customers as winnings, but before the payment of any applicable taxes, disbursements to charitable or other causes by games established for those purposes, or other expenses.
  • The casinos segment covers all gambling activities carried out within casino establishments, such as card games, roulette, and slot machines located in casinos. Tips and admission fees are included, but additional revenues such as sales of food, drink, and accommodation are excluded.
  • The lotteries segment covers all state, private, and charitable lotteries, and includes traditional draws, scratchcard games, and similar products offered by lottery operators.
  • The sports betting and related segment covers gambling on the outcome of horse races, football matches, and other events, and includes gambling services offered by bookmakers and also pari-mutuel/totalisator operators.
  • The other segment covers bingo, slot machines located outside casinos, pachinko, etc. In North America, so-called 'Indian casinos' are covered in this segment, not the casino segment.
  • Online casino and gaming activity, with the exception of online purchases of lottery entry, is not included. Recreation-only slot machines that do not pay out any form of prize are excluded.
  • The report only includes gaming activities that are legal in the country where they are offered.
  • All currency conversions were calculated using constant average annual 2017 exchange rates.
  • The global travel & tourism industry is expected to generate total revenues of $6,476.4bn in 2018, representing a compound annual growth rate (CAGR) of 4% between 2014 and 2018.
  • The foodservice segment is expected to be the industry's most lucrative in 2018, with total revenues of $3,261.8bn, equivalent to 50.4% of the industry's overall value.
  • The US is the country with the largest travel & tourism industry, and is expected to account for 22.3% of the global value, meaning that its performance weighs heavily on the global industry.
Reasons to buy
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global travel & tourism Industry
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global travel & tourism Industry
  • Leading company profiles reveal details of key travel & tourism Industry players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the global travel & tourism Industry with five year forecasts


EXECUTIVE SUMMARY
Market value
Market value forecast
Category segmentation
Geography segmentation
Introduction
What is this report about?
Who is the target reader?
How to use this report
Definitions
Global Travel & Tourism
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Travel & Tourism in Asia-Pacific
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Travel & Tourism in Europe
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Travel & Tourism in France
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Travel & Tourism in Germany
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Travel & Tourism in Italy
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Travel & Tourism in Japan
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Travel & Tourism in Australia
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Travel & Tourism in Canada
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Travel & Tourism in China
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Travel & Tourism in The Netherlands
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Travel & Tourism in Spain
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Travel & Tourism in The United Kingdom
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Travel & Tourism in The United States
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Company Profiles
Leading Companies
Appendix
Methodology
About MarketLine
List of Tables
Table 1: Global travel & tourism industry value: $ billion, 2014-18
Table 2: Global travel & tourism industry category segmentation: $ billion, 2018
Table 3: Global travel & tourism industry geography segmentation: $ billion, 2018
Table 4: Global travel & tourism industry value forecast: $ billion, 2018-23
Table 5: Asia-Pacific travel & tourism industry value: $ billion, 2014-18
Table 6: Asia-Pacific travel & tourism industry category segmentation: $ billion, 2018
Table 7: Asia-Pacific travel & tourism industry geography segmentation: $ billion, 2018
Table 8: Asia-Pacific travel & tourism industry value forecast: $ billion, 2018-23
Table 9: Europe travel & tourism industry value: $ billion, 2014-18
Table 10: Europe travel & tourism industry category segmentation: $ billion, 2018
Table 11: Europe travel & tourism industry geography segmentation: $ billion, 2018
Table 12: Europe travel & tourism industry value forecast: $ billion, 2018-23
Table 13: France travel & tourism industry value: $ billion, 2014-18
Table 14: France travel & tourism industry category segmentation: $ billion, 2018
Table 15: France travel & tourism industry geography segmentation: $ billion, 2018
Table 16: France travel & tourism industry value forecast: $ billion, 2018-23
Table 17: France size of population (million), 2014-18
Table 18: France gdp (constant 2005 prices, $ billion), 2014-18
Table 19: France gdp (current prices, $ billion), 2014-18
Table 20: France inflation, 2014-18
Table 21: France consumer price index (absolute), 2014-18
Table 22: France exchange rate, 2014-18
Table 23: Germany travel & tourism industry value: $ billion, 2014-18
Table 24: Germany travel & tourism industry category segmentation: $ billion, 2018
Table 25: Germany travel & tourism industry geography segmentation: $ billion, 2018
Table 26: Germany travel & tourism industry value forecast: $ billion, 2018-23
Table 27: Germany size of population (million), 2014-18
Table 28: Germany gdp (constant 2005 prices, $ billion), 2014-18
Table 29: Germany gdp (current prices, $ billion), 2014-18
Table 30: Germany inflation, 2014-18
Table 31: Germany consumer price index (absolute), 2014-18
Table 32: Germany exchange rate, 2014-18
Table 33: Italy travel & tourism industry value: $ billion, 2014-18
Table 34: Italy travel & tourism industry category segmentation: $ billion, 2018
Table 35: Italy travel & tourism industry geography segmentation: $ billion, 2018
Table 36: Italy travel & tourism industry value forecast: $ billion, 2018-23
Table 37: Italy size of population (million), 2014-18
Table 38: Italy gdp (constant 2005 prices, $ billion), 2014-18
Table 39: Italy gdp (current prices, $ billion), 2014-18
Table 40: Italy inflation, 2014-18
Table 41: Italy consumer price index (absolute), 2014-18
Table 42: Italy exchange rate, 2014-18
Table 43: Japan travel & tourism industry value: $ billion, 2014-18
Table 44: Japan travel & tourism industry category segmentation: $ billion, 2018
Table 45: Japan travel & tourism industry geography segmentation: $ billion, 2018
Table 46: Japan travel & tourism industry value forecast: $ billion, 2018-23
Table 47: Japan size of population (million), 2014-18
Table 48: Japan gdp (constant 2005 prices, $ billion), 2014-18
Table 49: Japan gdp (current prices, $ billion), 2014-18
Table 50: Japan inflation, 2014-18
Table 51: Japan consumer price index (absolute), 2014-18
Table 52: Japan exchange rate, 2014-18
Table 53: Australia travel & tourism industry value: $ billion, 2014-18
Table 54: Australia travel & tourism industry category segmentation: $ billion, 2018
Table 55: Australia travel & tourism industry geography segmentation: $ billion, 2018
Table 56: Australia travel & tourism industry value forecast: $ billion, 2018-23
Table 57: Australia size of population (million), 2014-18
Table 58: Australia gdp (constant 2005 prices, $ billion), 2014-18
Table 59: Australia gdp (current prices, $ billion), 2014-18
Table 60: Australia inflation, 2014-18
List of Figures
Figure 1: Global travel & tourism industry value: $ billion, 2014-18
Figure 2: Global travel & tourism industry category segmentation: % share, by value, 2018
Figure 3: Global travel & tourism industry geography segmentation: % share, by value, 2018
Figure 4: Global travel & tourism industry value forecast: $ billion, 2018-23
Figure 5: Forces driving competition in the global travel & tourism industry, 2018
Figure 6: Drivers of buyer power in the global travel & tourism industry, 2018
Figure 7: Drivers of supplier power in the global travel & tourism industry, 2018
Figure 8: Factors influencing the likelihood of new entrants in the global travel & tourism industry, 2018
Figure 9: Factors influencing the threat of substitutes in the global travel & tourism industry, 2018
Figure 10: Drivers of degree of rivalry in the global travel & tourism industry, 2018
Figure 11: Asia-Pacific travel & tourism industry value: $ billion, 2014-18
Figure 12: Asia-Pacific travel & tourism industry category segmentation: % share, by value, 2018
Figure 13: Asia-Pacific travel & tourism industry geography segmentation: % share, by value, 2018
Figure 14: Asia-Pacific travel & tourism industry value forecast: $ billion, 2018-23
Figure 15: Forces driving competition in the travel & tourism industry in Asia-Pacific, 2018
Figure 16: Drivers of buyer power in the travel & tourism industry in Asia-Pacific, 2018
Figure 17: Drivers of supplier power in the travel & tourism industry in Asia-Pacific, 2018
Figure 18: Factors influencing the likelihood of new entrants in the travel & tourism industry in Asia-Pacific, 2018
Figure 19: Factors influencing the threat of substitutes in the travel & tourism industry in Asia-Pacific, 2018
Figure 20: Drivers of degree of rivalry in the travel & tourism industry in Asia-Pacific, 2018
Figure 21: Europe travel & tourism industry value: $ billion, 2014-18
Figure 22: Europe travel & tourism industry category segmentation: % share, by value, 2018
Figure 23: Europe travel & tourism industry geography segmentation: % share, by value, 2018
Figure 24: Europe travel & tourism industry value forecast: $ billion, 2018-23
Figure 25: Forces driving competition in the travel & tourism industry in Europe, 2018
Figure 26: Drivers of buyer power in the travel & tourism industry in Europe, 2018
Figure 27: Drivers of supplier power in the travel & tourism industry in Europe, 2018
Figure 28: Factors influencing the likelihood of new entrants in the travel & tourism industry in Europe, 2018
Figure 29: Factors influencing the threat of substitutes in the travel & tourism industry in Europe, 2018
Figure 30: Drivers of degree of rivalry in the travel & tourism industry in Europe, 2018
Figure 31: France travel & tourism industry value: $ billion, 2014-18
Figure 32: France travel & tourism industry category segmentation: % share, by value, 2018
Figure 33: France travel & tourism industry geography segmentation: % share, by value, 2018
Figure 34: France travel & tourism industry value forecast: $ billion, 2018-23
Figure 35: Forces driving competition in the travel & tourism industry in France, 2018
Figure 36: Drivers of buyer power in the travel & tourism industry in France, 2018
Figure 37: Drivers of supplier power in the travel & tourism industry in France, 2018
Figure 38: Factors influencing the likelihood of new entrants in the travel & tourism industry in France, 2018
Figure 39: Factors influencing the threat of substitutes in the travel & tourism industry in France, 2018
Figure 40: Drivers of degree of rivalry in the travel & tourism industry in France, 2018
Figure 41: Germany travel & tourism industry value: $ billion, 2014-18
Figure 42: Germany travel & tourism industry category segmentation: % share, by value, 2018
Figure 43: Germany travel & tourism industry geography segmentation: % share, by value, 2018
Figure 44: Germany travel & tourism industry value forecast: $ billion, 2018-23
Figure 45: Forces driving competition in the travel & tourism industry in Germany, 2018
Figure 46: Drivers of buyer power in the travel & tourism industry in Germany, 2018
Figure 47: Drivers of supplier power in the travel & tourism industry in Germany, 2018
Figure 48: Factors influencing the likelihood of new entrants in the travel & tourism industry in Germany, 2018
Figure 49: Factors influencing the threat of substitutes in the travel & tourism industry in Germany, 2018
Figure 50: Drivers of degree of rivalry in the travel & tourism industry in Germany, 2018
Figure 51: Italy travel & tourism industry value: $ billion, 2014-18
Figure 52: Italy travel & tourism industry category segmentation: % share, by value, 2018
Figure 53: Italy travel & tourism industry geography segmentation: % share, by value, 2018
Figure 54: Italy travel & tourism industry value forecast: $ billion, 2018-23
Figure 55: Forces driving competition in the travel & tourism industry in Italy, 2018
Figure 56: Drivers of buyer power in the travel & tourism industry in Italy, 2018
Figure 57: Drivers of supplier power in the travel & tourism industry in Italy, 2018
Figure 58: Factors influencing the likelihood of new entrants in the travel & tourism industry in Italy, 2018
Figure 59: Factors influencing the threat of substitutes in the travel & tourism industry in Italy, 2018
Figure 60: Drivers of degree of rivalry in the travel & tourism industry in Italy, 2018

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