+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

United States Travel and Tourism Market Summary and Forecast

  • PDF Icon

    Report

  • 46 Pages
  • January 2024
  • Region: United States
  • MarketLine
  • ID: 5935169
Travel & Tourism in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 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 & tourism industry consists of revenues generated by passenger airlines, passenger rail, hotels & motels, foodservice, travel intermediaries, and casinos & gaming.
  • The US travel & tourism industry had total revenues of $1,209.2 billion in 2022, representing a compound annual growth rate (CAGR) of 2.9% between 2017 and 2022.
  • The travel intermediaries segment accounted for the industry's largest proportion in 2022, with total revenues of $485 billion, equivalent to 40.1% of the industry's overall value.
  • The US accounted for a share of 92.5% of the North American travel & tourism industry. The growth in the US travel & tourism industry is influenced by several macroeconomic factors, such as rising GDP, increasing disposable income, and growing consumer confidence.

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

Reasons to Buy

  • What was the size of the United States travel & tourism market by value in 2022?
  • What will be the size of the United States travel & tourism market in 2027?
  • 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

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 strategies do the leading players follow?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. Booking Holdings Inc
8.2. MGM Resorts International
8.3. Wyndham Hotels & Resorts Inc
8.4. Delta Air Lines Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: United States travel & tourism industry value: $ million, 2017-22
Table 2: United States travel & tourism industry category segmentation: % share, by value, 2017-2022
Table 3: United States travel & tourism industry category segmentation: $ million, 2017-2022
Table 4: United States travel & tourism industry geography segmentation: $ million, 2022
Table 5: United States travel & tourism industry value forecast: $ million, 2022-27
Table 6: Booking Holdings Inc: key facts
Table 7: Booking Holdings Inc: Annual Financial Ratios
Table 8: Booking Holdings Inc: Key Employees
Table 9: MGM Resorts International: key facts
Table 10: MGM Resorts International: Annual Financial Ratios
Table 11: MGM Resorts International: Key Employees
Table 12: Wyndham Hotels & Resorts Inc: key facts
Table 13: Wyndham Hotels & Resorts Inc: Annual Financial Ratios
Table 14: Wyndham Hotels & Resorts Inc: Key Employees
Table 15: Delta Air Lines Inc: key facts
Table 16: Delta Air Lines Inc: Annual Financial Ratios
Table 17: Delta Air Lines Inc: Key Employees
Table 18: Delta Air Lines Inc: Key Employees Continued
Table 19: United States size of population (million), 2018-22
Table 20: United States gdp (constant 2005 prices, $ billion), 2018-22
Table 21: United States gdp (current prices, $ billion), 2018-22
Table 22: United States inflation, 2018-22
Table 23: United States consumer price index (absolute), 2018-22
Table 24: United States exchange rate, 2018-22
List of Figures
Figure 1: United States travel & tourism industry value: $ million, 2017-22
Figure 2: United States travel & tourism industry category segmentation: $ million, 2017-2022
Figure 3: United States travel & tourism industry geography segmentation: % share, by value, 2022
Figure 4: United States travel & tourism industry value forecast: $ million, 2022-27
Figure 5: Forces driving competition in the travel & tourism industry in the United States, 2022
Figure 6: Drivers of buyer power in the travel & tourism industry in the United States, 2022
Figure 7: Drivers of supplier power in the travel & tourism industry in the United States, 2022
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in the United States, 2022
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in the United States, 2022
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in the United States, 2022

Companies Mentioned (Partial List)

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

  • Booking Holdings Inc
  • MGM Resorts International
  • Wyndham Hotels & Resorts Inc
  • Delta Air Lines Inc