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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Ecuador Tourism Flows
... country. Security concerns have hampered domestic tourism to provinces where crime is perceived as more prevalent. The rise in violence and attacks reached unprecedented levels in January 2024, forcing the new government under President Daniel ... Read More
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Greece Lodging (Destination)
... Incentives, Conferences, and Exhibitions) travel following the pandemic. While the tourism sector as a whole experienced a strong year in 2023, city hotels have seen a faster increase in room nights and occupancy rates compared ... Read More
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Canada Lodging (Destination)
... higher wages and improved benefits to attract and retain staff with Canada having experienced significant labour shortages since the pandemic. As a consequence, hotels have been pushed to continue raising their prices in order to ... Read More
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Peru Travel
... This growth in foreign visitors can be attributed to the resolution of issues from the first half of 2023, when social protests in southern Peru, triggered by political unrest, disrupted tourism and led to travel ... Read More
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Denmark Travel
... initial impact on the economy. In 2024, Denmark’s economy is performing well, with the country benefiting from its geographical location and its traditional key source markets. The fallout from the broader geopolitical situation is much ... Read More
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Egypt Travel
... an impressive 16.2 million tourists aided by a wide range of marketing initiatives. Promotional campaigns have focused on enhancing Egypt's global reputation as a leading tourist destination and the affordability of air travel to the ... Read More
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Airline Booking Platform Market Analysis and Forecast to 2033: By Type (B2B Wallet, Payment Portal, Corporate Wallet, Card Payments, Bank Transfers), Application (Online Travel Agencies, Retail Travel Agencies, Business Travel Agencies), Services (Online Payment, Checkout Solutions, In-Person Payment Solutions, Currency Exchange Services, Fraud Detection and Prevention, Data Security, Enhanced Authentication and Security, Dispute and Refund Management, Card Payment Processing), End Users (Airlines, Travel Agencies, Hospitality), Deployment (Web-Based, Mobile-Based, Kiosk-Based), Services Offered (Flight Booking, Ancillary Services, Package Deals, Customer Support), and Region
... Solutions, In-Person Payment Solutions, Currency Exchange Services, Fraud Detection and Prevention, Data Security, Enhanced Authentication and Security, Dispute and Refund Management, Card Payment Processing), End Users (Airlines, Travel Agencies, Hospitality), Deployment (Web-Based, Mobile-Based, Kiosk-Based), Services ... Read More
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Greece Travel
... during the peak season starting in late June, which has extended into September as more tourists, including domestic travellers, seek to avoid the crowded and expensive month of August. This shift is driven by limited ... Read More
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The Netherlands Travel
... in both the Netherlands and source countries. Most tourists have fully regained their confidence to travel following the COVID-19 pandemic resulting in strong travel demand, particularly among Dutch consumers. The travel industry has been responding ... Read More
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New Zealand Travel
... of the review period. According to Statistics New Zealand, 328,100 New Zealand-resident travellers (classified by Stats NZ as people living in New Zealand and arriving back after an absence of less than 12 months) arrived ... Read More
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Kenya Travel
... exploring local attractions. Domestic tourism has been particularly strong due to government initiatives promoting local travel, such as discounted packages and special offers that make travel within the country more affordable for Kenyan citizens. Upgrades ... Read More
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Taiwan Booking
... Japan represents the top destination for Taiwanese travellers, with the ongoing depreciation of the Yen making it an increasingly attractive option, with South Korea and Vietnam also continuing to be popular choices. Euromonitor International's Booking ... Read More
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Denmark Booking
... the up thanks to higher prices, though the worst of inflation seems to be over. In business travel, American Express announced the acquisition of CWT, while leisure travel sees the birth of Travelheart Family, consisting ... Read More
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Kenya Booking
... more Kenyans owning smartphones and gaining access to the internet, mobile bookings have become the preferred method for planning travel, especially among the younger demographic??. The use of social media and digital marketing, particularly through ... Read More
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New Zealand Booking
... substantial resurgence, even as the domestic market faces significant challenges. Businesses in New Zealand, eager to re-establish international trade relationships, have been driving this trend. The Flight Centre Group has reported a remarkable 66% year-on-year ... Read More
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Israel Booking
... the overall travel market, which will impact booking. The only category set to show growth is airlines, as the prices of flights have increased significantly during the year. This has resulted from the fact that ... Read More
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Finland Booking
... their toll. Elevated inflation and rising living costs have placed a financial burden on many households, with many people having to exercise caution in their spending, including when it comes to booking travel. Additionally, Russia’s ... Read More
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The Netherlands Tourism Flows
... of trips is still well above 2019 levels. Neighbouring Belgium and Germany are the largest source markets for the Netherlands and trips have rebounded well to pre-pandemic levels. North Americans have also returned although visitors ... Read More
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Denmark Tourism Flows
... were lifted. As such, though growth is strong in 2024, inbound flows may be lower than those seen in some other markets due to the head start Denmark recorded in post-pandemic recovery. Euromonitor International's Tourism ... Read More
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Israel Tourism Flows
... in 2023, though numbers were still lower than the peak seen in 2019, immediately before the onset of the COVID-19 crisis. However, when the Israel-Hamas War broke out in October 2023, incoming tourism halted. Demand ... Read More
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Peru Tourism Flows
... number of international visitors remains considerably below pre-pandemic levels. The low recovery in 2023 was largely attributable to the difficult socio-political climate in the country, particularly in the first quarter when widespread social protests led ... Read More
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New Zealand Lodging (Destination)
... have launched services to New Zealand, while existing US carriers have expanded their offerings, particularly benefiting the South Island's hospitality sector. Regions such as Queenstown, Christchurch, Nelson, and Marlborough have seen significant increases in hotel ... Read More
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Kenya Lodging (Destination)
... for more budget-friendly accommodation, and this is fuelling demand in the mid-market segment. Hotels in this category such as Ole Sereni, are performing better than upscale and luxury segments, which are more dependent on international ... Read More
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Finland Tourism Flows
... of COVID-19 led to a steep decline in inbound travel, but numbers have been recovering strongly since restrictions started to be eased from 2022. There are, however, various factors that are limiting a stronger recovery. ... Read More
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Ecuador Lodging (Destination)
... levels of insecurity in the country, which has deterred tourists from visiting the main tourist destinations. The first quarter of 2024 proved to be particularly challenging due to heightened insecurity, which lead President Daniel Noboa's ... Read More
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