Travel & Tourism in Chile
Summary
Travel & Tourism in Chile industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Travel & tourism industry is segmented into passenger airlines, passenger rail, foodservice, hotels & motels, and travel intermediaries.
- The Chilean travel & tourism industry recorded revenues of $11.0 billion in 2023, representing a compound annual growth rate (CAGR) of 3.4% between 2018 and 2023.
- The travel intermediaries segment accounted for the industry's largest proportion in 2023, with total revenues of $5.5 billion, equivalent to 49.6% of the industry's overall value.
- Increasing capital investment in the travel & tourism industry is a key driver of growth, particularly in sectors such as airlines, railways, foodservice, and accommodation. Investors are channelling more funds into expanding travel infrastructure to meet rising demand. According to the World Bank, the capital investment in travel and tourism in Chile reached $9.5 billion in 2023, reflecting a 6.7% increase from 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Chile
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Chile
- 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 Chile travel & tourism market with five year forecasts
- What was the size of the Chile travel & tourism market by value in 2023?
- What will be the size of the Chile travel & tourism market in 2028?
- What factors are affecting the strength of competition in the Chile travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up Chile'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 are the strategies of the leading players?
- 7.3. What are the recent developments in the industry?
- 8 Company Profiles
- 8.1. Booking Holdings Inc
- 8.2. LATAM Airlines Group SA
- 8.3. Accor SA
- 8.4. McDonald's Corp
- 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: Chile travel & tourism industry value: $ million, 2018-23
- Table 2: Chile travel & tourism industry category segmentation: % share, by value, 2018-23
- Table 3: Chile travel & tourism industry category segmentation: $ million, 2018-23
- Table 4: Chile travel & tourism industry geography segmentation: $ million, 2023
- Table 5: Chile travel & tourism industry value forecast: $ million, 2023-28
- Table 6: Booking Holdings Inc: Key Facts
- Table 7: Booking Holdings Inc: Annual Financial Ratios
- Table 8: Booking Holdings Inc: Key Employees
- Table 9: LATAM Airlines Group SA: Key Facts
- Table 10: LATAM Airlines Group SA: Annual Financial Ratios
- Table 11: LATAM Airlines Group SA: Key Employees
- Table 12: Accor SA: Key Facts
- Table 13: Accor SA: Annual Financial Ratios
- Table 14: Accor SA: Key Employees
- Table 15: Accor SA: Key Employees Continued
- Table 16: McDonald's Corp: Key Facts
- Table 17: McDonald's Corp: Annual Financial Ratios
- Table 18: McDonald's Corp: Key Employees
- Table 19: McDonald's Corp: Key Employees Continued
- Table 20: Chile Size of Population (million), 2019-23
- Table 21: Chile Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 22: Chile GDP (Current Prices, $ Billion), 2019-23
- Table 23: Chile Inflation, 2019-23
- Table 24: Chile Consumer Price Index (Absolute), 2019-23
- Table 25: Chile Exchange Rate, 2018-23
- List of Figures
- Figure 1: Chile travel & tourism industry value: $ million, 2018-23
- Figure 2: Chile travel & tourism industry category segmentation: $ million, 2018-23
- Figure 3: Chile travel & tourism industry geography segmentation: % share, by value, 2023
- Figure 4: Chile travel & tourism industry value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the travel & tourism industry in Chile, 2023
- Figure 6: Drivers of buyer power in the travel & tourism industry in Chile, 2023
- Figure 7: Drivers of supplier power in the travel & tourism industry in Chile, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Chile, 2023
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Chile, 2023
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Chile, 2023
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