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Travel & Tourism in North America

Publisher MarketLine
Published Oct 17, 2024
Length 45 Pages
SKU # MTLN19547228

Description

Travel & Tourism in North America

Summary

Travel & Tourism in North America 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 North American travel & tourism industry recorded revenues of $1,482.3 billion in 2023, representing a compound annual growth rate (CAGR) of 5.7% between 2018 and 2023.
  • The travel intermediaries segment accounted for the industry's largest proportion in 2023, with total revenues of $590.2 billion, equivalent to 39.8% 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.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in North America
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in North America
  • 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 North America travel & tourism market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the North America travel & tourism market by value in 2023?
  • What will be the size of the North America travel & tourism market in 2028?
  • What factors are affecting the strength of competition in the North America travel & tourism market?
  • How has the market performed over the last five years?
  • Who are the top competitors in North America'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 recent developments in the industry?
8 Company Profiles
8.1. Booking Holdings Inc
8.2. Delta Air Lines Inc
8.3. Marriott International 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: North America travel & tourism industry value: $ million, 2018-23
Table 2: North America travel & tourism industry category segmentation: % share, by value, 2018-23
Table 3: North America travel & tourism industry category segmentation: $ million, 2018-23
Table 4: North America travel & tourism industry geography segmentation: $ million, 2023
Table 5: North America 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: Delta Air Lines Inc: Key Facts
Table 10: Delta Air Lines Inc: Annual Financial Ratios
Table 11: Delta Air Lines Inc: Key Employees
Table 12: Delta Air Lines Inc: Key Employees Continued
Table 13: Marriott International Inc: Key Facts
Table 14: Marriott International Inc: Annual Financial Ratios
Table 15: Marriott International Inc: Key Employees
Table 16: Marriott International Inc: Key Employees Continued
Table 17: Marriott International Inc: Key Employees Continued
Table 18: Inspire Brands Inc: Key Facts
Table 19: Inspire Brands Inc: Key Employees
Table 20: North America Exchange Rate, 2018-23
List of Figures
Figure 1: North America travel & tourism industry value: $ million, 2018-23
Figure 2: North America travel & tourism industry category segmentation: $ million, 2018-23
Figure 3: North America travel & tourism industry geography segmentation: % share, by value, 2023
Figure 4: North America travel & tourism industry value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the travel & tourism industry in North America, 2023
Figure 6: Drivers of buyer power in the travel & tourism industry in North America, 2023
Figure 7: Drivers of supplier power in the travel & tourism industry in North America, 2023
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in North America, 2023
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in North America, 2023
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in North America, 2023

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