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Travel & Tourism in the United States

Publisher MarketLine
Published Oct 17, 2024
Length 44 Pages
SKU # MTLN19546867

Description

Travel & Tourism in the United States

Summary

Travel & Tourism in the United States 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 US travel & tourism industry recorded revenues of $1,333.5 billion in 2023, representing a compound annual growth rate (CAGR) of 6.0% between 2018 and 2023.
  • The travel intermediaries segment accounted for the industry's largest proportion in 2023, with total revenues of $572.5 billion, equivalent to 42.9% 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 the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in the United States
  • 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 United States travel & tourism market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the United States travel & tourism market by value in 2023?
  • What will be the size of the United States travel & tourism market in 2028?
  • What factors are affecting the strength of competition in the United States travel & tourism market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the United States's travel & tourism market?

Table of Contents

44 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. 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: United States travel & tourism industry value: $ million, 2018-23
Table 2: United States travel & tourism industry category segmentation: % share, by value, 2018-23
Table 3: United States travel & tourism industry category segmentation: $ million, 2018-23
Table 4: United States travel & tourism industry geography segmentation: $ million, 2023
Table 5: United States 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: United States Size of Population (million), 2019-23
Table 21: United States Real GDP (Constant 2010 Prices, $ Billion), 2019-23
Table 22: United States GDP (Current Prices, $ Billion), 2019-23
Table 23: United States Inflation, 2019-23
Table 24: United States Consumer Price Index (Absolute), 2019-23
Table 25: United States Exchange Rate, 2018-23
List of Figures
Figure 1: United States travel & tourism industry value: $ million, 2018-23
Figure 2: United States travel & tourism industry category segmentation: $ million, 2018-23
Figure 3: United States travel & tourism industry geography segmentation: % share, by value, 2023
Figure 4: United States travel & tourism industry value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the travel & tourism industry in the United States, 2023
Figure 6: Drivers of buyer power in the travel & tourism industry in the United States, 2023
Figure 7: Drivers of supplier power in the travel & tourism industry in the United States, 2023
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in the United States, 2023
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in the United States, 2023
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in the United States, 2023

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