Travel & Tourism in Israel
Summary
Travel & Tourism in Israel 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 Israeli travel & tourism industry recorded revenues of $26.0 billion in 2023, representing a compound annual growth rate (CAGR) of 4.8% between 2018 and 2023.
- The passenger airlines segment accounted for the industry's largest proportion in 2023, with total revenues of $8.5 billion, equivalent to 32.6% 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 Israel reached $4.9 billion in 2023, reflecting a 6.4% 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 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
- What was the size of the Israel travel & tourism market by value in 2023?
- What will be the size of the Israel travel & tourism market in 2028?
- What factors are affecting the strength of competition in the Israel travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up 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 are the strategies and strengths of the leading players?
- 7.3. What are the recent developments in the industry?
- 8 Company Profiles
- 8.1. Booking Holdings Inc
- 8.2. El Al Israel Airlines Ltd.
- 8.3. Fattal Hotels 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: Israel travel & tourism industry value: $ million, 2018-23
- Table 2: Israel travel & tourism industry category segmentation: % share, by value, 2018-23
- Table 3: Israel travel & tourism industry category segmentation: $ million, 2018-23
- Table 4: Israel travel & tourism industry geography segmentation: $ million, 2023
- Table 5: Israel 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: El Al Israel Airlines Ltd.: Key Facts
- Table 10: El Al Israel Airlines Ltd.: Annual Financial Ratios
- Table 11: El Al Israel Airlines Ltd.: Key Employees
- Table 12: Fattal Hotels Ltd: Key Facts
- Table 13: Fattal Hotels Ltd: Key Employees
- Table 14: McDonald's Corp: Key Facts
- Table 15: McDonald's Corp: Annual Financial Ratios
- Table 16: McDonald's Corp: Key Employees
- Table 17: McDonald's Corp: Key Employees Continued
- Table 18: Israel Size of Population (million), 2019-23
- Table 19: Israel real GDP (Constant 2010 Prices, $ billion), 2019-23
- Table 20: Israel GDP (Current Prices, $ Billion), 2019-23
- Table 21: Israel Inflation, 2019-23
- Table 22: Israel Consumer Price Index (Absolute), 2019-23
- Table 23: Israel Exchange Rate, 2018-23
- List of Figures
- Figure 1: Israel travel & tourism industry value: $ million, 2018-23
- Figure 2: Israel travel & tourism industry category segmentation: $ million, 2018-23
- Figure 3: Israel travel & tourism industry geography segmentation: % share, by value, 2023
- Figure 4: Israel travel & tourism industry value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the travel & tourism industry in Israel, 2023
- Figure 6: Drivers of buyer power in the travel & tourism industry in Israel, 2023
- Figure 7: Drivers of supplier power in the travel & tourism industry in Israel, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Israel, 2023
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Israel, 2023
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Israel, 2023
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