Travel and Tourism Market Summary, Competitive Analysis and Forecast, 2018-2027 (Global Almanac)
Summary
Global Travel & Tourism industry profile provides top-line qualitative and quantitative summary information including: industry size (value 2018-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.
Key Highlights
The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming market.
The airlines industry is defined as the total revenue obtained by airlines from transporting passengers.
The passenger rail sector consists of all passenger transport by 'heavy rail' services, sector values in the report consist of revenues generated by operating companies through ticket sales, and so exclude state subsidies.
Foodservice is valued according to total sales of all food and drink (soft and alcoholic) in or through accommodation outlets, pubs, clubs, and bars, full service restaurants, quick service restaurants and fast food, and other.
The hotels & motels industry value consists of room revenue and non-room revenue, including casinos, shops and telecommunication services.
Travel intermediaries is part of a business that assists in selling travel products and services to customers.
The casinos and gaming market consists of all forms of betting and gaming. All values are stated in terms of gross gaming win. This is the total amount waged by customers minus the total amount paid out to customers as winnings, but before the payment of any applicable taxes, disbursements to charitable or other causes by games established for those purposes, or other expenses. The report only includes gaming activities that are legal in the country where they are offered. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
The global travel and tourism industry had total revenues of $6,922.6 billion in 2022, representing a compound annual growth rate (CAGR) of 0.5% between 2017 and 2022.
Food service was the industry's largest segment in 2022, with total revenues of $3,355.2 billion, equivalent to 48.5% of the industry's overall value.
Global travel and tourism industry is growing significantly in recent years owing to increasing disposable income, rising leisure and business tourism, growth in sports tourism, increasing number of global events attracting large visitors, boosting infrastructure development easing mobility, and emerging adventure tourists.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global travel & tourism industry
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global travel & tourism industry
Leading company profiles reveal details of key travel & tourism industry players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the global travel & tourism industry with five year forecasts
Reasons to Buy
What was the size of the global travel & tourism industry by value in 2022?
What will be the size of the global travel & tourism industry in 2027?
What factors are affecting the strength of competition in the global travel & tourism industry?
How has the industry performed over the last five years?
What are the main segments that make up the global travel & tourism industry?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Competitive landscape
2 Introduction
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 Global Travel & Tourism
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Travel & Tourism in Asia-Pacific
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Travel & Tourism in Europe
6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis
7 Macroeconomic Indicators
7.1. Country data
8 Travel & Tourism in Finland
8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis
9 Macroeconomic Indicators
9.1. Country data
10 Travel & Tourism in France
10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis
11 Macroeconomic Indicators
11.1. Country data
12 Travel & Tourism in Germany
12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market outlook
12.5. Five forces analysis
13 Macroeconomic Indicators
13.1. Country data
14 Travel & Tourism in India
14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market outlook
14.5. Five forces analysis
15 Macroeconomic Indicators
15.1. Country data
16 Travel & Tourism in Indonesia
16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market outlook
16.5. Five forces analysis
17 Macroeconomic Indicators
17.1. Country data
18 Travel & Tourism in Italy
18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market outlook
18.5. Five forces analysis
19 Macroeconomic Indicators
19.1. Country data
20 Travel & Tourism in Japan
20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market outlook
20.5. Five forces analysis
21 Macroeconomic Indicators
21.1. Country data
22 Travel & Tourism in Mexico
22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market outlook
22.5. Five forces analysis
23 Macroeconomic Indicators
23.1. Country data
24 Travel & Tourism in The Netherlands
24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market outlook
24.5. Five forces analysis
25 Macroeconomic Indicators
25.1. Country data
26 Travel & Tourism in North America
26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market outlook
26.5. Five forces analysis
27 Travel & Tourism in Norway
27.1. Market Overview
27.2. Market Data
27.3. Market Segmentation
27.4. Market outlook
27.5. Five forces analysis
28 Macroeconomic Indicators
28.1. Country data
29 Travel & Tourism in Russia
29.1. Market Overview
29.2. Market Data
29.3. Market Segmentation
29.4. Market outlook
29.5. Five forces analysis
30 Macroeconomic Indicators
30.1. Country data
31 Travel & Tourism in Singapore
31.1. Market Overview
31.2. Market Data
31.3. Market Segmentation
31.4. Market outlook
31.5. Five forces analysis
32 Macroeconomic Indicators
32.1. Country data
33 Travel & Tourism in South Africa
33.1. Market Overview
33.2. Market Data
33.3. Market Segmentation
33.4. Market outlook
33.5. Five forces analysis
34 Macroeconomic Indicators
34.1. Country data
35 Travel & Tourism in South Korea
35.1. Market Overview
35.2. Market Data
35.3. Market Segmentation
35.4. Market outlook
35.5. Five forces analysis
36 Macroeconomic Indicators
36.1. Country data
37 Travel & Tourism in Spain
37.1. Market Overview
37.2. Market Data
37.3. Market Segmentation
37.4. Market outlook
37.5. Five forces analysis
38 Macroeconomic Indicators
38.1. Country data
39 Travel & Tourism in Sweden
39.1. Market Overview
39.2. Market Data
39.3. Market Segmentation
39.4. Market outlook
39.5. Five forces analysis
40 Macroeconomic Indicators
40.1. Country data
41 Travel & Tourism in Turkey
41.1. Market Overview
41.2. Market Data
41.3. Market Segmentation
41.4. Market outlook
41.5. Five forces analysis
42 Macroeconomic Indicators
42.1. Country data
43 Travel & Tourism in The United Kingdom
43.1. Market Overview
43.2. Market Data
43.3. Market Segmentation
43.4. Market outlook
43.5. Five forces analysis
44 Macroeconomic Indicators
44.1. Country data
45 Travel & Tourism in The United States
45.1. Market Overview
45.2. Market Data
45.3. Market Segmentation
45.4. Market outlook
45.5. Five forces analysis
46 Macroeconomic Indicators
46.1. Country data
47 Travel & Tourism in Australia
47.1. Market Overview
47.2. Market Data
47.3. Market Segmentation
47.4. Market outlook
47.5. Five forces analysis
48 Macroeconomic Indicators
48.1. Country data
49 Travel & Tourism in Brazil
49.1. Market Overview
49.2. Market Data
49.3. Market Segmentation
49.4. Market outlook
49.5. Five forces analysis
50 Macroeconomic Indicators
50.1. Country data
51 Travel & Tourism in Canada
51.1. Market Overview
51.2. Market Data
51.3. Market Segmentation
51.4. Market outlook
51.5. Five forces analysis
52 Macroeconomic Indicators
52.1. Country data
53 Travel & Tourism in China
53.1. Market Overview
53.2. Market Data
53.3. Market Segmentation
53.4. Market outlook
53.5. Five forces analysis
54 Macroeconomic Indicators
54.1. Country data
55 Travel & Tourism in Denmark
55.1. Market Overview
55.2. Market Data
55.3. Market Segmentation
55.4. Market outlook
55.5. Five forces analysis
56 Macroeconomic Indicators
56.1. Country data
57 Company Profiles
57.1. Marriott International Inc
57.2. Restaurant Brands International Inc
57.3. Delta Air Lines Inc
57.4. Hilton Worldwide Holdings Inc
57.5. American Airlines Group Inc.
57.6. Emirates Airline
57.7. Shanghai Jin Jiang Capital Co Ltd
57.8. Ana Holdings Inc
57.9. Accor SA
57.10. Best Western International Inc
57.11. InterContinental Hotels Group Plc
57.12. S Group
57.13. Hesburger
57.14. Scandic Hotels Group AB
57.15. Sokos Hotels
57.16. Finnair Oyj
57.17. Lapland Hotels Oy
57.18. Groupe Le Duff SA
57.19. The Originals, Human Hotels & Resorts
57.20. Contact-Hotel Association
57.21. NORDSEE GmbH
57.22. Steigenberger Hotels AG
57.23. The Indian Hotels Company Ltd
57.24. Coffee Day Enterprises Ltd
57.25. SpiceJet Ltd
57.26. Air India Ltd
57.27. Sarovar Hotels Pvt Ltd
57.28. Interglobe Aviation Ltd
57.29. Swiss-Belhotel International Ltd
57.30. Santika Indonesia Hotels & Resorts
57.31. PT Garuda Indonesia (Persero) Tbk
57.32. PT Lion Mentari Airlines
57.33. PT Sriwijaya Air
57.34. Air Asia Company Limited
57.35. Cigierre – Compagnia Generale Ristorazione SpA
57.36. Group Sebeto SPA
57.37. Alitalia - Societa Aerea Italiana SpA (Inactive)
57.38. Toyoko Inn Co Ltd
57.39. Route Inn Japan Co Ltd
57.40. Skylark Holdings Co Ltd
57.41. East Japan Railway Co
57.42. APA Hotel Ltd
57.43. Super Hotel Co., Ltd.
57.44. Central Japan Railway Company
57.45. West Japan Railway Company
57.46. Alsea SAB de CV
57.47. Aeroenlaces Nacionales SA De CV
57.48. Aerovias de Mexico SA de CV
57.49. Grupo Posadas SAB de CV
57.50. Van der Valk Hotels & Restaurants
57.51. Fletcher Hotel Group
57.52. Sligro Food Group NV
57.53. Air France-KLM SA
57.54. Pizzabakeren Invest AS
57.55. NorgesGruppen ASA
57.56. Thon Hotels
57.57. Wizz Air Holdings Plc
57.58. Rosinter Restaurants Holding OJSC
57.59. Dodo Franchising LLC
57.60. AZIMUT Hotels Company, LLC
57.61. AMAKS Hotels & Resorts
57.62. Radisson Hotel Group
57.63. Aeroflot OAO
57.64. UTair Aviation
57.65. Siberia Airlines
57.66. Hotel 81 Management Pte Ltd.
57.67. Las Vegas Sands Corp
57.68. Genting Singapore Limited
57.69. Global Premium Hotels Ltd
57.70. Famous Brands Ltd (Foodservice)
57.71. Tsogo Sun Gaming Limited
57.72. Spur Corporation Ltd
57.73. South African Express Airways (Pty) Ltd
57.74. City Lodge Hotels Ltd
57.75. South African Airways SOC
57.76. CJ Corp
57.77. DSEN Inc
57.78. Asiana Airlines Inc
57.79. Korean Air Lines Co Ltd
57.80. JEJU AIR Co., Ltd.
57.81. Lotte Hotels & Resorts Co Ltd
57.82. T'way Air co., Ltd.
57.83. Benikea Hotel KP
57.84. Melia Hotels International SA
57.85. Restalia Grupo de Eurorestauracion SL
57.86. NH Hotel Group SA
57.87. International Consolidated Airlines Group SA
57.88. Globalia Corporacion Empresarial SA
57.89. Barcelo Hotels and Resorts
57.90. Nordic Choice Hotels
57.91. Max Burger AB
57.92. Norwegian Air Shuttle ASA
57.93. First Hotels AS
57.94. Ryanair Holdings plc
57.95. Flynas Co LCC
57.96. Turkish Airlines
57.97. Pegasus Airlines Inc
57.98. Travelodge Hotels Ltd.
57.99. J D Wetherspoon plc
57.100. Whitbread PLC
57.101. Travelport Worldwide Ltd
57.102. TUI Group
57.103. Yum! Brands, Inc.
57.104. United Airlines Holdings Inc
57.105. Southwest Airlines Co
57.106. McDonald's Corp
57.107. Australian Leisure and Hospitality Group
57.108. Singapore Airlines Ltd
57.109. Virgin Australia Holdings Ltd
57.110. Air New Zealand Ltd
57.111. Qantas Airways Limited
57.112. TFE Hotels
57.113. Blue Tree Hotels & Resorts do Brasil SA
57.114. Doctor's Associates Inc
57.115. Ambev SA
57.116. Booking Holdings Inc
57.117. Expedia Group Inc
57.118. CVC Brasil Operadora e Agencia de Viagens SA
57.119. Hotel Nacional Inn
57.120. Wyndham Hotels & Resorts Inc
57.121. Domino's Pizza, Inc.
57.122. Starbucks Corporation
57.123. WestJet Airlines Ltd
57.124. Choice Hotels International Inc
57.125. American Airlines Inc
57.126. Air Canada
57.127. H World Group Ltd
57.128. BTG Hotels Group Co Ltd
57.129. China Eastern Airlines Corp Ltd
57.130. Air China Ltd
57.131. Hainan Airlines Co Ltd
57.132. China Southern Airlines Co Ltd
57.133. GreenTree Hospitality Group Ltd
57.134. Cabinn Hotels
57.135. Comwell AS
57.136. SAS Scandinavian Airlines Denmark A/S
57.137. easyJet Airline Company Ltd
58 Appendix
58.1. Methodology
58.2. About MarketLine
List of Tables
Table 1: Global travel & tourism industry value: $ billion, 2017-22
Table 2: Global travel & tourism industry category segmentation: % share, by value, 2017–2022
Table 3: Global travel & tourism industry category segmentation: $ billion, 2017-2022
Table 4: Global travel & tourism industry geography segmentation: $ billion, 2022
Table 5: Global travel & tourism industry value forecast: $ billion, 2022–27
Table 6: Global size of population (million), 2018–22
Table 7: Global gdp (constant 2005 prices, $ billion), 2018–22
Table 8: Global gdp (current prices, $ billion), 2018–22
Table 9: Global inflation, 2018–22
Table 10: Global consumer price index (absolute), 2018–22