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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Airlines in Chile
... for airlines, albeit with a different cost structure and challenges in terms of skilled workforce, which could keep flight prices high in the medium term. Euromonitor International's Airlines in Chile report offers a comprehensive guide ... Read More
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Lodging (Destination) in Chile
... open spaces for comfortable work environments, and even rooms capable of accommodating workers travelling with their families. Euromonitor International's Lodging (Destination) in Chile report offers a comprehensive guide to the size and shape of the ... Read More
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Tourism Flows in Chile
... visiting Chile in 2023 are Argentina, Bolivia, the US, Brazil, and Peru. The recovery of tourism has been slower than expected due to various factors. Increased transportation costs have affected accessibility for tourists, while higher ... Read More
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Lodging (Destination) in Canada
... providing outdoor activities doing particularly well. Such areas include those around national parks and places like Banff, Whistler, Jasper, Muskoka, the Laurentians and Mont-Tremblant, as well as the wine regions in Niagara, Prince Edward County ... Read More
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Tourism Flows in Canada
... are high thanks to severely reduced spending during the pandemic as activities such as travel and out-of-home entertainment were restricted. Consumers are now ready and willing to shift their spending from purchasing products to purchasing ... Read More
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Travel in Hong Kong, China
... last quarter of 2022, and started to welcome visitors from around the world. As of February 2023, all checkpoints between Hong Kong and mainland China had been fully reopened. The Hong Kong Tourism Board has ... Read More
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Travel in Kenya
... Kenya's tourism sector. China's decision to ease COVID-19 restrictions and reintroduce international travel is viewed as a promising development for East Africa's efforts to revive its tourism industry. Leveraging this, Kenya, Uganda, and Rwanda within ... 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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Tourism Flows in Vietnam
... into Vietnam. Although the country reopened for international arrivals in 2022, foreign tourists are still required to apply for an e-visa in advance, with only 25 countries accepted for a free visa on arrival (30 ... Read More
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Lodging (Destination) in Finland
... certain types of guests. However, there were COVID-19-related restrictions on foodservice and other activities, as such as events in lodging outlets. Despite a more relaxed lodging environment than in many other countries, the category suffered ... Read More
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Tourism Flows in Spain
... in the world. The body predicted a positive year for inbound travel in Spain in 2023, and this optimism is proving to be well-founded. Euromonitor International's Tourism Flows in Spain report offers a comprehensive guide ... Read More
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Booking in the US
... cultural shift associated with distributed team and hybrid work opportunities. With so many employees working remotely, the team-building that used to take place locally is now more frequently organised off-site. In its first quarter 2023 ... Read More
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Lodging (Destination) in Italy
... daily rates (ADR). The exception to this is hotel resorts which have proved to be the most resilient. Furthermore, it has been observed that higher-end hotels – from upscale to luxury – have generally been ... Read More
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Lodging (Destination) in Malaysia
... mainly relying on domestic travellers which led to a slower rebound compared to other industries like retail and foodservice. The recovery is expected to be sustained throughout 2023 as foreign tourists continue to grow in ... Read More
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Booking in New Zealand
... constraints and labour shortages, available inventory has not fully returned to pre-COVID-19 levels, but the overall performance remains positive. Concurrent with broader retail trends in New Zealand, online sales penetration is steadily expanding. The growing ... Read More
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Booking in Malaysia
... on a smart partnership campaign to promote the country as a holiday destination of choice. The campaign ran for four months at the end of 2022 with travellers able to benefit from offers and promotions ... Read More
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Tourism Flows in New Zealand
... its borders. Before the pandemic, China stood as New Zealand’s second-largest international market and a significant contributor to the country's tourism spending. Much of the tourism infrastructure in the country was geared towards Chinese tourists. ... Read More
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Lodging (Destination) in Argentina
... numerous spaces and rooms for common use. The new hotel also offers a premium gastronomic offer from chef, Luciano Nanni, that is seeking to become a benchmark in the area and will be open to ... Read More
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Lodging (Destination) in Greece
... of luxury and upscale hotels, there has been an increase in hotel rates, driven by a combination of high demand and operating costs. A shortage of staff has pushed up staff salaries, especially among seasonal ... Read More
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Airlines in China
... could remain relatively high throughout 2023, as passenger demand recovers faster than airline capacity, particularly for international routes. Nevertheless, ticket prices may also soften in Q3 2023, given the deteriorating macroeconomic outlook, thus forcing airlines ... Read More
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Lodging (Destination) in China
... by increasing awareness of health and safety accelerated by the pandemic. In context, mid-market hotels are expected to account for close to 20% of hotel outlet numbers in China over 2023, compared to approximately 10% ... Read More
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Travel in Greece
... to cut down on their spending as they seek to make up for the lost travel experiences during the COVID-19 pandemic. The lifting of travel restrictions has contributed to the recovery of international travel, both ... Read More
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Travel in Canada
... result, the travel industry is expected to continue growing at a rapid pace in 2023. Domestic tourism is expected to lead in 2023 while Caribbean countries and Europe will be the main destinations for international ... Read More
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Booking in Vietnam
... the number of Vietnamese individuals prioritising their health, actively seeking stress reduction methods, and focusing on their mental wellbeing. Recognising this emerging trend, lodging companies have closely collaborated with travel intermediaries to introduce a range ... Read More
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Lodging (Destination) in Denmark
... stays and value spent on lodging, with the latter being due to higher price points. Euromonitor International's Lodging (Destination) in Denmark report offers a comprehensive guide to the size and shape of the market at ... Read More
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