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Travel and Tourism in Europe

  • October 2016
  • -
  • MarketLine
  • -
  • 36 pages

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Summary
Travel and Tourism in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Findings
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel and tourism market in Europe

- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel and tourism market in Europe

- Leading company profiles reveal details of key travel and tourism market players' global operations and financial performance

- Add weight to presentations and pitches by understanding the future growth prospects of the Europe travel and tourism market with five year forecasts

Synopsis
Essential resource for top-line data and analysis covering the Europe travel and tourism market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Reasons To Buy
- What was the size of the Europe travel and tourism market by value in 2015?

- What will be the size of the Europe travel and tourism market in 2020?

- What factors are affecting the strength of competition in the Europe travel and tourism market?

- How has the market performed over the last five years?

- What are the main segments that make up Europe's travel and tourism market?

Key Findings
The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming.

The European travel and tourism industry had total revenues of $1,592.5bn in 2015, representing a compound annual growth rate (CAGR) of 3.5% between 2011 and 2015.

The foodservice segment was the industry's most lucrative in 2015, with total revenues of $644.1bn, equivalent to 40.4% of the industry's overall value.

The European industry has grown at a steady rate in recent years, as many countries in this region have begun to improve their economic prospects. However, recent terrorist attacks and the migrant crisis have casted a shadow on the prospects of the industry in Europe as tourists might perceive Europe to be dangerous to travel.

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