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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Lodging (Destination) in Kenya
... choices and explore new destinations, particularly those that are remote and away from crowded areas. This change had a significant impact on luxury tourism, which is expected to witness substantial growth starting from 2023. Euromonitor ... Read More
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Tourism Flows in Belgium
... a result, the number of domestic trips is expected to exceed the 2019 pre-pandemic level in 2023. Belgian consumers discovered or rediscovered the pleasures of travelling within their own country as foreign destinations were closed ... Read More
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Travel in Malaysia
... travel thanks to the lifting of restrictions and COVID-19 related entry requirements. Nonetheless, inbound arrivals and outbound departures remain well below pre-pandemic levels despite the significant recovery seen in 2022 and 2023. Euromonitor International's Travel ... Read More
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Booking in Greece
... sales in intermediaries posted a strong increase in 2022, and growth continues in 2023, there are certain factors that have been an obstacle to recovery. A number of intermediaries are business/MICE oriented, which has lagged ... Read More
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Travel in Spain
... be incredibly positive for inbound travel, as Spain has become a trending destination. This is the case for both the country’s traditional key inbound territories, such as the UK, France, and Germany, along with attracting ... Read More
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Tourism Flows in Denmark
... impact it brings, 2023 is again seeing more tourists than ever, with spending per trip increasing due to higher costs. Euromonitor International's Tourism Flows in Denmark report offers a comprehensive guide to the size and ... Read More
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Tourism Flows in Finland
... to stem the spread of the virus. As travelling internationally became a challenge from health, logistical and economic angles, Finnish consumers focused on domestic travel in 2021, which also gained momentum from the closure of ... Read More
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Tourism Flows in the US
... in the US. Transatlantic travel between the US and Europe in particular is seeing amongst the strongest growth. Several factors have contributed to this strength. Asian markets were slower to reopen to tourism following the ... Read More
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Tourism Flows in Japan
... deregulation, but also in terms of changes in consumers’ perception of and behaviour towards travel overall, which has been a major driving force for recovery. Euromonitor International's Tourism Flows in Japan report offers a comprehensive ... Read More
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Airlines in Israel
... year. With the pandemic declared over by the World Health Organisation in early 2023 most markets have lifted their remaining COVID-19 protocols while consumers feel more confident about flying again. As a result, airlines have ... Read More
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Lodging (Destination) in Israel
... law in July 2023, the Supreme Court will no longer have the power to cancel government decisions it deems unreasonable. This is seen as a threat to democracy in Israel and has been met by ... Read More
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Booking in Kenya
... more expensive for individuals to explore various destinations within the country. The surge in fuel and food prices has contributed to a higher cost of living for the local population, affecting their ability to save ... Read More
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Airlines in Argentina
... Argentina. These include Ethiopian Airlines, British Airways, Air Canada and Qatar Airways, amongst others. In this way, the country is seeing a greater number of connections and the possibility of receiving a greater number of ... Read More
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Booking in Canada
... close eye on special airline deals, promotional hotel programmes as well as all-inclusive packages, which are more cost efficient. Moreover, a survey conducted by booking.com showed that more than half of travellers interviewed are willing ... Read More
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Travel in New Zealand
... phased reopening of its borders. In the pre-pandemic era, China held the distinction of being New Zealand's second-largest international market and a vital contributor to tourism spending within the nation. The country's tourism infrastructure was ... Read More
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Travel in Chile
... trends and customer preferences. Airlines face challenges such as cost structure adjustments and skilled labour shortages, leading to potentially higher flight prices in the medium term. Strategic alliances between airlines aim to strengthen connectivity and ... Read More
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Galley Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
... reach US$ 9.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028. Galley equipment refers to various on-board kitchen appliances used in land-, water- and air-borne vessels for cooking and storage of ... Read More
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Travel and Expense Management Software Market Report by Deployment Type (Cloud-based, On-premises), Organization Size (Small and Medium-sized Enterprises, Large Enterprises), Industry Vertical (Banking, Financial Services, Insurance (BFSI), IT and Telecom
... and Others), and Region 2023-2028 Market Overview: The global travel and expense management software market size reached US$ 2.92 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.48 Billion by ... Read More
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Digital Gift Card Market By Channel (Brick and Mortor, Digital), By Transaction Type (B2B, B2C), By Card Type (Closed Loop, Open Loop), By Application Area (Consumer Goods, Health and Wellness, Restaurants and Bars, Travel and Tourism, Media and Entertainment, Others), By End Users (Retail Establishments, Corporate Institutions): Global Opportunity Analysis and Industry Forecast, 2023-2032
... Tourism, Media and Entertainment, Others), By End Users (Retail Establishments, Corporate Institutions): Global Opportunity Analysis and Industry Forecast, 2023-2032 A prepaid digital wallet, such as digital gift card, contains a set amount of money, which ... Read More
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Tourism Flows in Colombia
... in the country while engaging in remote work for up to 24 months. Visas started being granted in early 2023 and have garnered substantial demand. The countries with the highest approval rates include the United ... Read More
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Lodging (Destination) in Brazil
... experiencing a positive outlook, especially from the second half of 2022. 2023 is witnessing the consolidation of recovery for hotels, reaching pre-pandemic levels of occupancy, driven by the revival of domestic tourism and business travel. ... Read More
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France Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027
... 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The hotels & motels industry consists of establishments that provide paid ... Read More
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Russia Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027
... 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The hotels & motels industry consists of establishments that provide paid ... Read More
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Mexico Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027
... forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The hotels & motels industry consists of establishments that ... Read More
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Netherlands Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027
... to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The hotels & motels industry consists of establishments that provide ... Read More
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