Global Travel & Tourism industry profile provides top-line qualitative and quantitative summary information including: industry size (value 2018-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.
Key Highlights
- The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming market.
- The airlines industry is defined as the total revenue obtained by airlines from transporting passengers.
- The passenger rail sector consists of all passenger transport by 'heavy rail' services, sector values in the report consist of revenues generated by operating companies through ticket sales, and so exclude state subsidies.
- Foodservice 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 hotels & motels industry value consists of room revenue and non-room revenue, including casinos, shops and telecommunication services.
- Travel intermediaries is part of a business that assists in selling travel products and services to customers.
- 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 report only includes gaming activities that are legal in the country where they are offered. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The global travel and tourism industry had total revenues of $6,922.6 billion in 2022, representing a compound annual growth rate (CAGR) of 0.5% between 2017 and 2022.
- Food service was the industry's largest segment in 2022, with total revenues of $3,355.2 billion, equivalent to 48.5% of the industry's overall value.
- Global travel and tourism industry is growing significantly in recent years owing to increasing disposable income, rising leisure and business tourism, growth in sports tourism, increasing number of global events attracting large visitors, boosting infrastructure development easing mobility, and emerging adventure tourists.
Scope
- 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
Reasons to Buy
- What was the size of the global travel & tourism industry by value in 2022?
- What will be the size of the global travel & tourism industry in 2027?
- 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?
Table of Contents
1 EXECUTIVE SUMMARY
2 Introduction
3 Global Travel & Tourism
4 Macroeconomic Indicators
5 Travel & Tourism in Asia-Pacific
6 Travel & Tourism in Europe
7 Macroeconomic Indicators
8 Travel & Tourism in Finland
9 Macroeconomic Indicators
10 Travel & Tourism in France
11 Macroeconomic Indicators
12 Travel & Tourism in Germany
13 Macroeconomic Indicators
14 Travel & Tourism in India
15 Macroeconomic Indicators
16 Travel & Tourism in Indonesia
17 Macroeconomic Indicators
18 Travel & Tourism in Italy
19 Macroeconomic Indicators
20 Travel & Tourism in Japan
21 Macroeconomic Indicators
22 Travel & Tourism in Mexico
23 Macroeconomic Indicators
24 Travel & Tourism in The Netherlands
25 Macroeconomic Indicators
26 Travel & Tourism in North America
27 Travel & Tourism in Norway
28 Macroeconomic Indicators
29 Travel & Tourism in Russia
30 Macroeconomic Indicators
31 Travel & Tourism in Singapore
32 Macroeconomic Indicators
33 Travel & Tourism in South Africa
34 Macroeconomic Indicators
35 Travel & Tourism in South Korea
36 Macroeconomic Indicators
37 Travel & Tourism in Spain
38 Macroeconomic Indicators
39 Travel & Tourism in Sweden
40 Macroeconomic Indicators
41 Travel & Tourism in Turkey
42 Macroeconomic Indicators
43 Travel & Tourism in The United Kingdom
44 Macroeconomic Indicators
45 Travel & Tourism in The United States
46 Macroeconomic Indicators
47 Travel & Tourism in Australia
48 Macroeconomic Indicators
49 Travel & Tourism in Brazil
50 Macroeconomic Indicators
51 Travel & Tourism in Canada
52 Macroeconomic Indicators
53 Travel & Tourism in China
54 Macroeconomic Indicators
55 Travel & Tourism in Denmark
56 Macroeconomic Indicators
57 Company Profiles
58 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Marriott International Inc
- Restaurant Brands International Inc
- Delta Air Lines Inc
- Hilton Worldwide Holdings Inc
- American Airlines Group Inc.
- Emirates Airline
- Shanghai Jin Jiang Capital Co Ltd
- Ana Holdings Inc
- Accor SA
- Best Western International Inc
- InterContinental Hotels Group Plc
- S Group
- Hesburger
- Scandic Hotels Group AB
- Sokos Hotels
- Finnair Oyj
- Lapland Hotels Oy
- Groupe Le Duff SA
- The Originals, Human Hotels & Resorts
- Contact-Hotel Association
- NORDSEE GmbH
- Steigenberger Hotels AG
- The Indian Hotels Company Ltd
- Coffee Day Enterprises Ltd
- SpiceJet Ltd
- Air India Ltd
- Sarovar Hotels Pvt Ltd
- Interglobe Aviation Ltd
- Swiss-Belhotel International Ltd
- Santika Indonesia Hotels & Resorts
- PT Garuda Indonesia (Persero) Tbk
- PT Lion Mentari Airlines
- PT Sriwijaya Air
- Air Asia Company Limited
- Cigierre – Compagnia Generale Ristorazione SpA
- Group Sebeto SPA
- Alitalia - Societa Aerea Italiana SpA (Inactive)
- Toyoko Inn Co Ltd
- Route Inn Japan Co Ltd
- Skylark Holdings Co Ltd
- East Japan Railway Co
- APA Hotel Ltd
- Super Hotel Co., Ltd.
- Central Japan Railway Company
- West Japan Railway Company
- Alsea SAB de CV
- Aeroenlaces Nacionales SA De CV
- Aerovias de Mexico SA de CV
- Grupo Posadas SAB de CV
- Van der Valk Hotels & Restaurants
- Fletcher Hotel Group
- Sligro Food Group NV
- Air France-KLM SA
- Pizzabakeren Invest AS
- NorgesGruppen ASA
- Thon Hotels
- Wizz Air Holdings Plc
- Rosinter Restaurants Holding OJSC
- Dodo Franchising LLC
- AZIMUT Hotels Company, LLC
- AMAKS Hotels & Resorts
- Radisson Hotel Group
- Aeroflot OAO
- UTair Aviation
- Siberia Airlines
- Hotel 81 Management Pte Ltd.
- Las Vegas Sands Corp
- Genting Singapore Limited
- Global Premium Hotels Ltd
- Famous Brands Ltd (Foodservice)
- Tsogo Sun Gaming Limited
- Spur Corporation Ltd
- South African Express Airways (Pty) Ltd
- City Lodge Hotels Ltd
- South African Airways SOC
- CJ Corp
- DSEN Inc
- Asiana Airlines Inc
- Korean Air Lines Co Ltd
- JEJU AIR Co., Ltd.
- Lotte Hotels & Resorts Co Ltd
- T'way Air co., Ltd.
- Benikea Hotel KP
- Melia Hotels International SA
- Restalia Grupo de Eurorestauracion SL
- NH Hotel Group SA
- International Consolidated Airlines Group SA
- Globalia Corporacion Empresarial SA
- Barcelo Hotels and Resorts
- Nordic Choice Hotels
- Max Burger AB
- Norwegian Air Shuttle ASA
- First Hotels AS
- Ryanair Holdings plc
- Flynas Co LCC
- Turkish Airlines
- Pegasus Airlines Inc
- Travelodge Hotels Ltd.
- J D Wetherspoon plc
- Whitbread PLC
- Travelport Worldwide Ltd
- TUI Group
- Yum! Brands, Inc.
- United Airlines Holdings Inc
- Southwest Airlines Co
- McDonald's Corp
- Australian Leisure and Hospitality Group
- Singapore Airlines Ltd
- Virgin Australia Holdings Ltd
- Air New Zealand Ltd
- Qantas Airways Limited
- TFE Hotels
- Blue Tree Hotels & Resorts do Brasil SA
- Doctor's Associates Inc
- Ambev SA
- Booking Holdings Inc
- Expedia Group Inc
- CVC Brasil Operadora e Agencia de Viagens SA
- Hotel Nacional Inn
- Wyndham Hotels & Resorts Inc
- Domino's Pizza, Inc.
- Starbucks Corporation
- WestJet Airlines Ltd
- Choice Hotels International Inc
- American Airlines Inc
- Air Canada
- H World Group Ltd
- BTG Hotels Group Co Ltd
- China Eastern Airlines Corp Ltd
- Air China Ltd
- Hainan Airlines Co Ltd
- China Southern Airlines Co Ltd
- GreenTree Hospitality Group Ltd
- Cabinn Hotels
- Comwell AS
- SAS Scandinavian Airlines Denmark A/S
- easyJet Airline Company Ltd