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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Booking in South Korea
... businesses beyond this sector to include different travel modes and international bookings. Euromonitor International's Booking in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. ... Read More
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Lodging (Destination) in Peru
... pandemic, with growth rates being lower than the increase in flow of tourists. This is because an important proportion of travellers, especially domestic tourists, are choosing to stay at the homes of family and friends, ... Read More
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Booking in Mexico
... and enjoyment. The significance of this trend is highlighted by the dynamic double-digit growth trajectory for leisure travel, underscoring its substantial contribution to the expansion of booking. A key driver within leisure travel has been ... Read More
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Booking in the Netherlands
... return very close to the 2019 pre-Coronavirus (COVID-19) level at the end of the review period. Bookings for the May 2023 holiday period registered a double-digit increase, compared to the corresponding month in 2022. Early ... Read More
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Lodging (Destination) in the United Arab Emirates
... various preferences, from luxury seekers to culture enthusiasts, Dubai has emerged as a top choice for luxury tourism. Hotels in the city rebounded impressively post-pandemic in 2022, with occupancy rates peaking at 90% in March, ... Read More
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Lodging (Destination) in Portugal
... in 2023 with both value sales and bed nights reaching peaks above 2019 values. Average daily rates are set to continue growing in 2023, although at a slower pace, after a double-digit rise in 2022. ... Read More
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Travel in the Netherlands
... May and summer holidays, with land, rail and air travel prominent. Travel and tourism players are working hard to cater to accelerated outbound tourism flows. The most popular options are beach holidays and other trips ... Read More
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Lodging (Destination) in Mexico
... its expansion. To mitigate the impact of inflation, many businesses are turning to the concept of “all inclusive” packages. These comprehensive offerings not only shield travellers from the effects of inflation, but also provide a ... Read More
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Booking in the United Arab Emirates
... business travellers. This trend is exemplified by hotels in the United Arab Emirates actively encouraging guests to book directly through various incentives, such as exclusive deals, loyalty programmes, and tailored services. As consumers gain easier ... Read More
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Tourism Flows in the United Arab Emirates
... in Dubai had surpassed pre-pandemic international visitation levels, with 20% year-on-year growth. The Emirate is targeting first-time visitors to stimulate further growth in tourism, and is focusing on increasing the number of stopover visits. Euromonitor ... Read More
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Booking in Portugal
... during the pandemic making travel affordable. While some customers prefer closer destinations and adjust the number of days or the type of hotel, others continue to seek out the trip of a lifetime or just ... Read More
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Travel in the United Arab Emirates
... has not only attracted millions of visitors, but also extended their stays, resulting in robust occupancy rates that reflect their appeal. This resurgence has translated into significant earnings, marking a resounding revival for hotels. Meanwhile, ... Read More
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Travel in South Korea
... 2023 have also been spending considerable sums of money, evidence of pent-up demand for new experiences and indulgence as a result of prolonged home seclusion. This surge in demand is attributed to the reopening of ... Read More
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Travel in Taiwan
... all COVID-19-related entry restrictions in October 2022, the number of international tourists gradually increased. Industry sources recorded a boom in demand during the Lunar New Year holiday, which fell at the end of January 2023. ... Read More
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North America Travel Vaccines Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
... market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.6% during 2023-2028. Vaccines are defined as biological preparations that protect the human body against severe and potentially deadly diseases. They ... Read More
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Travel in Italy
... closer proximity to their home with the possibility of travel by car. Italians are taking shorter breaks to keep costs down, while many Italians are also opting to take domestic holidays given the difficulty of ... Read More
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Lodging (Destination) in Vietnam
... taking care of their mental wellbeing. Recognising this emerging trend, lodging firms have collaborated closely with travel intermediaries to introduce a range of new products focused on wellness and mental healing, specifically designed for short-duration ... Read More
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Booking in Denmark
... 2022 around the 2018-2019 level, with pent-up demand aiding sales. However, travel outside of Europe continued to be lower. Moving into 2023, trends are normalising, with increasing outbound and domestic travel. Due to higher prices ... Read More
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Airlines in Denmark
... value sales in both years drastically reduced. Euromonitor International's Airlines in Denmark report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size ... Read More
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Lodging (Destination) in Spain
... and May bank holidays also benefitting domestic tourism. Summer is also proving to be incredibly positive for inbound travel, as Spain has become a trending destination. This is the case for both the country’s traditional ... Read More
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Booking in Italy
... booking sales are set to see a full return to pre-pandemic levels in 2023, in current value terms, although inflation is a major factor in the recovery. Italy is seeing growth in new intermediaries aiming ... Read More
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Tourism Flows in Kenya
... potential to significantly contribute to the sector's recovery following the impact of the COVID-19 pandemic. Euromonitor International's Tourism Flows in Kenya report offers a comprehensive guide to the size and shape of the market at ... Read More
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Booking in Chile
... purchases through intermediaries such as travel agents, primarily due to the difficulties they experienced when seeking refunds directly from airlines and hotels during the pandemic. Many individuals were forced to endure long waiting periods to ... Read More
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Airlines in Belgium
... major low cost carrier is set to transport almost as many passengers in/out Belgium in 2023 as in 2019. Nevertheless, the Irish low cost carrier has decided to stop its activities at Brussels Airport, due ... Read More
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Lodging (Destination) in Belgium
... sales. In addition, the number of room nights in hotels is set to exceed the 2019 pre-pandemic level in 2023. Nonetheless, there are divergences among the performances of different categories of lodging. As tourism outside ... Read More
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