Travel Services Market Research Reports & Industry Analysis
The demand for travel agents is reliant upon a number of factors: economic growth, business and leisure travel, consumer income, airline seat availability, technological developments, and the price of jet fuel. The primary costs this industry has to cope with include computer services and telecommunication services. As many consumers are more often turning to online booking services, computer access is imperative, and online services will increase overall profitability. The revenue of the travel service industry is made of up the fees charged for their services, and what services the client requests.
Independent travel service companies are dependent upon their marketing strategies to effectively appeal to the consumer and thus general a profit. Smaller companies put emphasis on catering to a small amount of large clientele, and serving a specific locale. Large travel service companies focus on corporate clients, and are able to provide a broad spectrum of services, as well as operate elaborate websites to promote their services.
Travel Services Industry Research & Market Reports
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Latin America Inflight Catering Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... Key Highlights The primary factor driving this market is the fast-growing aviation sector due to an increase in travel and tourism, both domestic and international. The major restraint to the market is the slump in ... Read More
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Hospitality Real Estate Sector in the United States - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... scope to grow owing to the factors like increasing travel interests among the people. The United States holds a high number of visitors from all over the world. Most popular cities in the United States ... Read More
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North America Inflight Catering Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... Key Highlights The intense competitive scenario in the aviation sector has encouraged the airline operators to create their unique brand identity. Inflight catering has emerged as a prime criterion for differentiating the quality of services ... Read More
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Asia Pacific Tourism Vehicle Rental Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... – 2025). Key Highlights Over the decades, tourism has been rapidly growing, while experiencing deepening diversification and becoming one of the fastest growing economic sectors in the world. Modern tourism is closely linked to development ... Read More
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Asia-Pacific Inflight Catering Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... The rising emphasis on customer-centric food menus is currently driving the Asia-Pacific inflight catering market, as most of the airlines are adding new items to their menus, with the idea of providing better quality food ... Read More
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OPPORTUNITIES IN LATIN AMERICA TRAVEL AND TOURISM INDUSTRY - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... penetration in the region, improving economic status of the countries and as a result more availability and ability to travel across and within the country. Key Highlights Outbound travel is a major reason for the ... Read More
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Hospitality Industry in Croatia - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... In Q4 2018, the GDP grew by 2.3% according to the Croatian Bureau of Statistics, which was an 18th consecutive quarter of economic growth and the country made 2.6% growth in overall GDP for 2018. ... Read More
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Hospitality Industry in Switzerland - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... US are on the rise whereas it recorded a drop in visitors from Gulf countries. According to the Swiss Federal Statistical Office, the US visitors recorded a 7.7% growth in 2019 compared to 2018, followed ... Read More
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Hospitality Industry in Canada - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... slow yet steady growth. The overall occupancy rate (OR) hit 66% in 2018, which was the country’s highest. The rising occupancy rate resulted in the highest revenue per available room (RevPAR) at CAD 107, which ... Read More
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Hospitality Industry in Morocco - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... country’s GDP. To accommodate the growing number of tourists, the number of classified bed capacity reached a total of 251,206 beds in 2017, which was 8,499 more than the total size that Morocco had in ... Read More
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Netherlands HRI (Hotel Restaurants and Institutional) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... Key Highlights The market is primarily driven by the increasing inclination and investment toward technological developments, such as robotics, Internet of Things (IoT), blockchain, and others, and are simplifying the food industry in Netherlands. Demand ... Read More
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Hospitality Industry in Austria - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... been attracting almost double the number of foreign tourists and is generating more tourism-based revenue. 6.5% of share it produced to the country’s GDP in 2018. The growing number of tourism is boosting the hotel ... Read More
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Hospitality Industry in Thailand - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... visited countries list, which has been driving the hospitality industry in the country. The key indicators of a hotel’s performance are on the rise and the tourist receipts and revenue generated from tourism as well. ... Read More
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India Luxury Hotel Market - Growth, Trends, Covid-19 Impact and Forecast(2022 - 2027)
... badly impacted by COVID-19 in 2020 and the global pandemic has shown an impact on the proper functioning of various industries in India. It affected the Indian luxury hotel market also badly causing several disruptions ... Read More
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Europe Luxury Hotel Market- Growth, Trends, Covid-19 Impact and Forecast(2022 - 2027)
... impacted by COVID-19 in 2020. The global pandemic has shown an impact on the proper functioning of various industries in various regions. It affected Europe Luxury Hotel Market due to reduced travelling because of lockdown ... Read More
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Hospitality Industry in Argentina - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... It became the top tourist destination in South America, by overcoming Brazil, in 2017, with a record total of approximately 10 million tourist arrivals into the country. The tourism sector is one of the top ... Read More
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Hospitality Industry in Hong Kong - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... world despite the uncertainty over the US-China trade war and Brexit. The total number of tourist arrivals to Hong Kong rose to a record high of 65.1 million in 2018 which was 11.4% more than ... Read More
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Onboard Rail Catering Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... Key Highlights The improvement in service quality such as food, on time arrivals, availability, comfort, etc. is encouraging many passengers every year to take up the option of railway transport instead of road transport. The ... Read More
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Hospitality Industry in Germany - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... 16,000 rooms and 200 hotels. With the increasing number of tourist arrivals, the hospitality industry is projected to grow further in the future. Travelers from abroad spent more than 39 million nights in the country ... Read More
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Hospitality Industry in Sri Lanka - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... country. The total tourist arrivals to Sri Lanka in 2018, amounted to more than 2.3 million, which welcomed 2.17 million in 2017. The revenue generated through travel and the tourism sector remained a high contributor ... Read More
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Hospitality Industry in the Netherlands - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... fact that and with more municipalities implementing a restrictive hotel policy, which means there are fewer opportunities for new hotel developments as the city already bulges, it yet retains the top spot as the most ... Read More
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Casino Management Systems Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... Due to the nationwide lockdown, people are staying home, and some are turning to the gaming platforms to pass the time. These platforms are attracting more than hundreds and thousands of new visitors in online ... Read More
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Cuba Tourism and Hotel Market - Growth, Trends, Covid-19 Impact, and Forecasts (2022 - 2027)
... and hotel markets have been on a growth track over the years. Cuba has been attracting a growing number of leisure tourists with its beautiful landscapes, beaches, and many other factors which is helping it ... Read More
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Asia-Pacific Luxury Hotel Market- Growth, Trends, Covid-19 Impact and Forecast(2022 - 2027)
... hospitality industry before pandemic COVID-19 include increasing disposable income, new travel trends, increasing online business of travelling due to increased internet penetration and internet banking, web-presence of hotels & tourism directories and many more. The ... Read More
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Luxury Hotel Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... than 4% during the forecast period (2021-2026). The luxury hotel market faced losses in 2020 due to the sudden fall in tourism amid the COVID-19 pandemic. The tourism sector has already felt the negative impact ... Read More
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