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Middle East Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 76 Pages
  • March 2023
  • Region: Middle East
  • MarketLine
  • ID: 5782281
Description Jump to:
Travel & Tourism in Middle East industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

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 Middle East travel and tourism industry had total revenues of $167.4 billion in 2022, representing a negative compound annual rate of change (CARC) of 0.3% between 2017 and 2022.
  • Food service was the industry's largest segment in 2022, with total revenues of $51.7 billion, equivalent to 30.9% of the industry's overall value.
  • According to the analyst, in 2022, the UAE accounting for a share of 41% was the largest travel and tourism industry in the Middle Eastern region followed by Saudi Arabia and Israel, holding shares of 32.3% and 15.6%, respectively.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the travel & tourism market in Middle East
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Middle East
  • 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 Middle East travel & tourism market with five year forecasts

Reasons to Buy

  • What was the size of the Middle East travel & tourism market by value in 2022?
  • What will be the size of the Middle East travel & tourism market in 2027?
  • What factors are affecting the strength of competition in the Middle East travel & tourism market?
  • How has the market performed over the last five years?

Table of Contents

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 in the foodservice industry?
7.2. What strategies do these leading players follow?
7.3. How is technology being used by these leading companies?
7.4. Who are the leading players in the hotels and motels industry?
7.5. What strategies do the leading players follow?
7.6. What are the strengths of leading players?
7.7. Are there any threats to these leading players?
7.8. What have been the most recent developments in the hotels and motels industry?
8 Company Profiles
8.1. McDonald's Corp
8.2. Starbucks Corporation
8.3. InterContinental Hotels Group Plc
8.4. Marriott International Inc
8.5. KFC Corp
8.6. Emirates Airline
8.7. Qatar Airways Group QCSC
8.8. Flynas Co LCC
8.9. Hilton Worldwide Holdings Inc
8.10. Etihad Aviation Group PJSC
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the analyst
List of Tables
Table 1: Middle East travel & tourism industry value: $ billion, 2017-22(e)
Table 2: Middle East travel & tourism industry category segmentation: % share, by value, 2017-2022(e)
Table 3: Middle East travel & tourism industry category segmentation: $ billion, 2017-2022
Table 4: Middle East travel & tourism industry geography segmentation: $ billion, 2022(e)
Table 5: Middle East travel & tourism industry value forecast: $ billion, 2022-27
Table 6: McDonald's Corp: key facts
Table 7: McDonald's Corp: Annual Financial Ratios
Table 8: McDonald's Corp: Key Employees
Table 9: McDonald's Corp: Key Employees (contd.)
Table 10: McDonald's Corp: Key Employees (contd.)
Table 11: Starbucks Corporation: key facts
Table 12: Starbucks Corporation: Annual Financial Ratios
Table 13: Starbucks Corporation: Key Employees
Table 14: Starbucks Corporation: Key Employees (contd.)
Table 15: Starbucks Corporation: Key Employees (contd.)
Table 16: CRG Holdings, LLC : key facts
Table 17: InterContinental Hotels Group Plc: key facts
Table 18: InterContinental Hotels Group Plc: Annual Financial Ratios
Table 19: InterContinental Hotels Group Plc: Key Employees
Table 20: InterContinental Hotels Group Plc: Key Employees (contd.)
Table 21: InterContinental Hotels Group Plc: Key Employees (contd.)
Table 22: Marriott International Inc: key facts
Table 23: Marriott International Inc: Annual Financial Ratios
Table 24: Marriott International Inc: Key Employees
Table 25: Marriott International Inc: Key Employees (contd.)
Table 26: Marriott International Inc: Key Employees (contd.)
Table 27: Marriott International Inc: Key Employees (contd.)
Table 28: KFC Corp: key facts
Table 29: KFC Corp: Key Employees
Table 30: Emirates Airline: key facts
Table 31: Emirates Airline: Key Employees
Table 32: Qatar Airways Group QCSC: key facts
Table 33: Qatar Airways Group QCSC: Key Employees
Table 34: Flynas Co LCC: key facts
Table 35: Flynas Co LCC: Key Employees
Table 36: Hilton Worldwide Holdings Inc: key facts
Table 37: Hilton Worldwide Holdings Inc: Annual Financial Ratios
Table 38: Hilton Worldwide Holdings Inc: Key Employees
Table 39: Hilton Worldwide Holdings Inc: Key Employees (contd.)
Table 40: Hilton Worldwide Holdings Inc: Key Employees (contd.)
Table 41: Etihad Aviation Group PJSC: key facts
Table 42: Etihad Aviation Group PJSC: Key Employees
Table 43: Middle East size of population (million), 2018-22
Table 44: Middle East gdp (constant 2005 prices, $ billion), 2018-22
Table 45: Middle East gdp (current prices, $ billion), 2018-22
Table 46: Middle East inflation, 2018-22
Table 47: Middle East consumer price index (absolute), 2018-22
Table 48: Middle East exchange rate, 2018-22
List of Figures
Figure 1: Middle East travel & tourism industry value: $ billion, 2017-22(e)
Figure 2: Middle East travel & tourism industry category segmentation: $ billion, 2017-2022
Figure 3: Middle East travel & tourism industry geography segmentation: % share, by value, 2022(e)
Figure 4: Middle East travel & tourism industry value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the travel & tourism industry in the Middle East, 2022
Figure 6: Drivers of buyer power in the travel & tourism industry in the Middle East, 2022
Figure 7: Drivers of supplier power in the travel & tourism industry in the Middle East, 2022
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in the Middle East, 2022
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in the Middle East, 2022
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in the Middle East, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • McDonald's Corp
  • Starbucks Corporation
  • InterContinental Hotels Group Plc
  • Marriott International Inc
  • KFC Corp
  • Emirates Airline
  • Qatar Airways Group QCSC
  • Flynas Co LCC
  • Hilton Worldwide Holdings Inc
  • Etihad Aviation Group PJSC

Table Information

Report AttributeDetails
No. of Pages76
PublishedMarch 2023
Forecast Period2022 - 2027
Estimated Market Value ( USD ) in 2022 $ 167.42 Billion
Forecasted Market Value ( USD ) by 2027 $ 270.62 Billion
Compound Annual Growth Rate10.0%
Regions CoveredMiddle East

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