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Smooth sailing: Higher consumer spending will aid the industry, but intensifying competition will taper growth



Abstract

Cruise & Travel Agency Franchises

The Cruise and Travel Agency Franchises industry had to contend with a drop in travel spending during and following the recession. Online travel websites, such as Expedia and Priceline, which weathered the storm better than their more traditional brick-and-mortar competitors, have become an increasing threat to the industry. However, the industry has been saved by its specialization in selling cruise packages, which are still mainly purchased through travel agents rather than online. Furthermore, the industry is likely to outperform the broader Travel Agencies industry over the next five years as Americans continue to book cruise vacations as their incomes recover and confidence improves.

This industry includes franchised travel agent establishments that sell travel, tour and accommodation services and packages. Online sales are excluded from this industry. Reports in our Business Franchise collection focus solely on franchised outlet operations and exclude nonfranchise data. They show the total number of franchise outlets, total franchise revenue and the average profit margin earned by franchisees. Our reports also highlight the largest franchisers by market share.

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.



Related Reports

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Tour Operators in the US

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Table Of Contents

Cruise and Travel Agency Franchises - 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

CruiseShipCenters International Inc.

World Travel Holdings

Travel Leaders Group LLC

CP Franchising LLC

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