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Move along: Growth in travel will aid industry demand, but online services pose a threat

Abstract

Convention & Visitor Bureaus in the US

The state of the economy and travel-related trends drive the Convention and Visitor Bureaus industry. The decline of the domestic economy and increased unemployment forced consumers to be more selective about how they spent their disposable income. As consumers and companies cut down on spending across the board, they were less likely to spend money on luxuries like vacations and nonessential business trips. Travel spending will pick up over the next five years, facilitating industry growth. However, more consumers will look to the internet for the same services, heightening competition.

This industry markets and promotes communities and local facilities to business and leisure travelers. Participants assist customers in locating meeting and convention sites. They also provide travel information on an area’s attractions and accommodations and provide maps and information brochures. Participants also organize group tours of local historical, recreational and cultural attractions.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Convention and Visitor Bureaus in the US - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY


MAJOR COMPANIES

Las Vegas Convention and Visitors Authority

Hawaii Tourism Authority

Visit Florida

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