Report cover image

Travel & Tourism in Colombia

Publisher MarketLine
Published Oct 17, 2024
Length 42 Pages
SKU # MTLN19546894

Description

Travel & Tourism in Colombia

Summary

Travel & Tourism in Colombia 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 Colombian travel & tourism industry recorded revenues of $23.6 billion in 2023, representing a compound annual growth rate (CAGR) of 1.2% between 2018 and 2023.
  • The hotels & motels segment accounted for the industry's largest proportion in 2023, with total revenues of $7.5 billion, equivalent to 31.7% 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 Colombia reached $3.9 billion in 2023, reflecting a 6.6% increase from 2022.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Colombia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Colombia
  • 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 Colombia travel & tourism market with five year forecasts
Reasons to Buy
  • What was the size of the Colombia travel & tourism market by value in 2023?
  • What will be the size of the Colombia travel & tourism market in 2028?
  • What factors are affecting the strength of competition in the Colombia travel & tourism market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Colombia's travel & tourism market?

Table of Contents

42 Pages
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 recent developments in the industry?
8 Company Profiles
8.1. GHL Hoteles
8.2. Booking Holdings Inc
8.3. Avianca Group International Ltd
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: Colombia travel & tourism industry value: $ million, 2018-23
Table 2: Colombia travel & tourism industry category segmentation: % share, by value, 2018-23
Table 3: Colombia travel & tourism industry category segmentation: $ million, 2018-23
Table 4: Colombia travel & tourism industry geography segmentation: $ million, 2023
Table 5: Colombia travel & tourism industry value forecast: $ million, 2023-28
Table 6: GHL Hoteles: Key Facts
Table 7: GHL Hoteles: Key Employees
Table 8: Booking Holdings Inc: Key Facts
Table 9: Booking Holdings Inc: Annual Financial Ratios
Table 10: Booking Holdings Inc: Key Employees
Table 11: Avianca Group International Ltd: Key Facts
Table 12: Avianca Group International Ltd: Key Employees
Table 13: McDonald's Corp: Key Facts
Table 14: McDonald's Corp: Annual Financial Ratios
Table 15: McDonald's Corp: Key Employees
Table 16: McDonald's Corp: Key Employees Continued
Table 17: Colombia Size of Population (million), 2019-23
Table 18: Colombia Real GDP (Constant 2010 Prices, $ Billion), 2019-23
Table 19: Colombia GDP (Current Prices, $ Billion), 2019-23
Table 20: Colombia Inflation, 2019-23
Table 21: Colombia Consumer Price Index (Absolute), 2019-23
Table 22: Colombia Exchange Rate, 2018-23
List of Figures
Figure 1: Colombia travel & tourism industry value: $ million, 2018-23
Figure 2: Colombia travel & tourism industry category segmentation: $ million, 2018-23
Figure 3: Colombia travel & tourism industry geography segmentation: % share, by value, 2023
Figure 4: Colombia travel & tourism industry value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the travel & tourism industry in Colombia, 2023
Figure 6: Drivers of buyer power in the travel & tourism industry in Colombia, 2023
Figure 7: Drivers of supplier power in the travel & tourism industry in Colombia, 2023
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Colombia, 2023
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Colombia, 2023
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Colombia, 2023

Search Inside Report

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us