Israel Travel and Tourism Market Summary and Forecast
Summary
Travel & Tourism in Israel industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and 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 travel & tourism industry consists of revenues generated by passenger airlines, passenger rail, hotels & motels, foodservice, travel intermediaries, and casinos & gaming.
- The Israeli travel & tourism industry had total revenues of $19.5 billion in 2022, representing a compound annual growth rate (CAGR) of -0.8% between 2017 and 2022.
- The travel intermediaries segment accounted for the industry's largest proportion in 2022, with total revenues of $7.9 billion, equivalent to 40.6% of the industry's overall value.
- The market witnessed strong growth of 38.6% in 2022 due to rising leisure and business tourism, growth in the hotel and motel industry, an increasing number of global events attracting large visitors, boosting infrastructure development, easing mobility, and emerging adventure tourists.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Israel
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Israel
- Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Israel travel & tourism market with five year forecasts by both value and volume
- What was the size of the Israel travel & tourism market by value in 2022?
- What will be the size of the Israel travel & tourism market in 2027?
- What factors are affecting the strength of competition in the Israel travel & tourism market?
- How has the market performed over the last five years?
- Who are the top competitiors in Israel's travel & tourism market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. McDonald's Corp
- 8.2. Booking Holdings Inc
- 8.3. El Al Israel Airlines Ltd.
- 8.4. Fattal Hotels Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Israel travel & tourism industry value: $ million, 2017–22
- Table 2: Israel travel & tourism industry category segmentation: % share, by value, 2017–2022
- Table 3: Israel travel & tourism industry category segmentation: $ million, 2017-2022
- Table 4: Israel travel & tourism industry geography segmentation: $ million, 2022
- Table 5: Israel travel & tourism industry value forecast: $ million, 2022–27
- Table 6: McDonald's Corp: key facts
- Table 7: McDonald's Corp: Annual Financial Ratios
- Table 8: McDonald's Corp: Key Employees
- Table 9: McDonald's Corp: Key Employees Continued
- Table 10: Booking Holdings Inc: key facts
- Table 11: Booking Holdings Inc: Annual Financial Ratios
- Table 12: Booking Holdings Inc: Key Employees
- Table 13: El Al Israel Airlines Ltd.: key facts
- Table 14: El Al Israel Airlines Ltd.: Annual Financial Ratios
- Table 15: El Al Israel Airlines Ltd.: Key Employees
- Table 16: Fattal Hotels Ltd: key facts
- Table 17: Fattal Hotels Ltd: Key Employees
- Table 18: Israel size of population (million), 2018–22
- Table 19: Israel gdp (constant 2005 prices, $ billion), 2018–22
- Table 20: Israel gdp (current prices, $ billion), 2018–22
- Table 21: Israel inflation, 2018–22
- Table 22: Israel consumer price index (absolute), 2018–22
- Table 23: Israel exchange rate, 2018–22
- List of Figures
- Figure 1: Israel travel & tourism industry value: $ million, 2017–22
- Figure 2: Israel travel & tourism industry category segmentation: $ million, 2017-2022
- Figure 3: Israel travel & tourism industry geography segmentation: % share, by value, 2022
- Figure 4: Israel travel & tourism industry value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the travel & tourism industry in Israel, 2022
- Figure 6: Drivers of buyer power in the travel & tourism industry in Israel, 2022
- Figure 7: Drivers of supplier power in the travel & tourism industry in Israel, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Israel, 2022
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Israel, 2022
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Israel, 2022
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