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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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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Africa Wellness Tourism Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... The growing interests of the tourists towards the sectors such as health, travel, and foods are the factors driving the growth of the market over the forecast period. The factors such as rising disposable income ... Read More
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HOSPITALITY REAL ESTATE SECTOR IN INDONESIA - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... most required necessity for the rising number of tourists in the country and locals who like holidaying over weekends or some part of the year. Tourism is the key driver for this sector coupled with ... Read More
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Europe Inflight Catering Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... In Europe, the focus on food quality and offerings is more prominent in the economy class of airlines, which has become notorious for serving sub-standard food over the years. Economy-class passengers contribute to a majority ... Read More
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Asia-Pacific and Middle-East Inflight Catering Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... the forecast period. Key Highlights The growth in demand for air travel in the Asia-Pacific as well as the Middle-East has led to increased emphasis on additional amenities like food onboard, a key factor of ... Read More
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Australia Retail Sector - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... to 2019. The total retail turnover was accounted for approximately AUD 329.6 billion in 2019, which was around AUD 9 billion more than the value it recorded in the previous year. However, the sudden COVID-19 ... Read More
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Online Travel Market in China - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... market in China during the review period. Inbound tourism has been offering a major share to the market owing to the growing number of youngsters and middle-aged people in the country who are highly interested ... Read More
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Tourism and Hotel Industry in Pakistan - Growth, Trends , COVID 19 Impact and Forecasts (2022 - 2027)
... market is expected to witness a CAGR of 3% by 2026. Amidst the current COVID-19 pandemic, Pakistan's tourism and hospitality industries are at great risk, as people are unable to visit Pakistan amidst safety measures ... Read More
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Tourism Vehicle Rental Market - Growth, Trends, COVID-19 Impact and Forecasts (2022 - 2027)
... by 2026 registering a CAGR of around 8.58% during the forecast period (2021 - 2026). The COVID-19 pandemic hindered the growth of Tourism Rental Market as there were global factory shutdowns, travel bans, and border ... Read More
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Romania Hospitality Industry - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... workforce. Tourism has been flourishing in recent years in the country reaching an all-time high of 13.26 million in 2019. In 2020, however, the number of tourists staying in Romania fell by 52.3%, because of ... Read More
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Market Entry - Tourism and Hotel Industry in the Philippines: Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... contributed 12.7% to the country's GDP. Good travel and tourism policies enable millions of international visitors annually. Tourist arrivals to the Philippines slumped by 73% during the seven months of 2020, giving the country 1.3 ... Read More
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