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 $1.33 trillion 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
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 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:
- Booking Holdings Inc
- Delta Air Lines Inc
- Marriott International Inc
- Inspire Brands Inc
