DUBLIN, February 28, 2022–(BUSINESS WIRE)–The “Travel and Tourism – Market Summary, Competitive Analysis and Forecast, 2016-2025” report has been added to ResearchAndMarkets.com’s offering.
The ‘Global Travel & Tourism’ industry profile provides top-line qualitative and quantitative summary information including: Industry size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Industry.
Key Highlights
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The length of the pandemic and restrictions introduced by various countries are still difficult to predict, though many governments had introduced the national lockdowns and temporarily banned sales of products that are deemed “non essential”. As the length of the pandemic and its impact on this market is not certain, the data used in this report has been modelled on the assumption of a crisis scenario and has taken into consideration forecast impacts on national economics.
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The global travel and tourism industry had total revenues of $4,468.4bn in 2020, representing a compound annual rate of change (CARC) of -10.5% between 2016 and 2020.
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The foodservice segment generated the most revenue in 2020, with total revenues of $2,211.2bn, equivalent to 49.5% of the industry’s overall value.
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The industry has been devastated by the global outbreak of COVID-19, which led to an unprecedented decline of 43.5% in 2020.
Scope
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Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global travel & tourism Industry
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Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global travel & tourism Industry
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Leading company profiles reveal details of key travel & tourism Industry players’ global operations and financial performance
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Add weight to presentations and pitches by understanding the future growth prospects of the global travel & tourism Industry with five year forecasts
Story continues
Reasons to Buy
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What was the size of the global travel & tourism Industry by value in 2020?
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What will be the size of the global travel & tourism Industry in 2025?
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What factors are affecting the strength of competition in the global travel & tourism Industry?
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How has the Industry performed over the last five years?
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What are the main segments that make up the global travel & tourism Industry?
Companies Mentioned
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Restaurant Brands International Inc
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McDonald’s Corp
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Choice Hotels International Inc
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Shanghai Jin Jiang Capital Co Ltd
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Marriott International Inc
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Wyndham Hotels and Resorts LLC
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Delta Air Lines Inc
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Deutsche Lufthansa AG
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Yum! Brands, Inc.
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GreenTree Hospitality Group Ltd
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Huazhu Group Ltd
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Whitbread PLC
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Starbucks Corporation
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Ryanair Holdings plc
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Accor SA
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IAE International Aero Engines AG
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Contact-Hotel Association
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The Originals, Human Hotels & Resorts
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Air France-KLM SA
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Groupe Le Duff SA
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Ringhotels EV
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NORDSEE GmbH
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Cigierre – Compagnia Generale Ristorazione SpA
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Alitalia – Societa Aerea Italiana SpA
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Best Western International Inc
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Cremonini SpA
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easyJet Airline Company Ltd
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Central Japan Railway Company
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Skylark Holdings Co Ltd
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Route Inn Japan Co Ltd
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Toyoko Inn Co Ltd
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Akindo Sushiro Co Ltd
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Domino’s Pizza, Inc.
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Flight Centre Travel Group Ltd
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Australian Leisure and Hospitality Group
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WestJet Airlines Ltd
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American Airlines Inc
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Air Canada
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China Eastern Airlines Corp Ltd
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China Southern Airlines Co Ltd
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TUI Group
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Fletcher Hotel Group
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Van der Valk Hotels & Restaurants
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Sligro Food Group NV
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Barcelo Hotels and Resorts
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NH Hotel Group SA
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Melia Hotels International SA
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Restalia Grupo de Eurorestauracion SL
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Ei Group Ltd
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Travelport Worldwide Ltd
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Expedia Group Inc
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Greene King Limited
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InterContinental Hotels Group Plc
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Booking Holdings Inc
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Travelodge Hotels Ltd. (Inactive)
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Southwest Airlines Co
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Doctor’s Associates Inc
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Hilton Worldwide Holdings Inc
For more information about this report visit https://www.researchandmarkets.com/r/s5qxdp
View source version on businesswire.com: https://www.businesswire.com/news/home/20220228005796/en/
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