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IT Trends in the Travel, Cruise, and Hospitality Market 

  • September 2015
  • -
  • Frost & Sullivan
  • -
  • 43 pages

Market Overview

The travel, cruise, and hospitality has gradually become a more technologically equipped sophisticated market. The service providers strive to harness emerging technologies to enhance customer experience and loyalty. The pressure to operate efficiently is driven by the dynamic growth in passengers and increased customer expectations while delivering an unparalleled user experience.

- Air transport facilitates quick and reliable transportation globally and is deemed extremely important from the perspective of perishable and valuable commodities.
- Frost & Sullivan is exploring the key industry trends shaping the development, expansion, and modernization of the industry

Key Findings

Global tourism has registered significant growth in recent years and has become one of the largest and fastest growing sectors globally. The growth has been significant as global international tourists increased from million in 1995 to a whopping million in 2014.

- More than half of international tourists travel by air and growth in tourism is a shot in the arm for the air transport sector as well. Tourism has supported growth of the air transport sector by helping increase connectivity and capacity.

- As companies expand globally, the air travel market grows consistently to meet the demand of business travellers. Moreover, as a result of rising income levels, extra leisure time, and change in lifestyle across the globe, people have started traveling to faraway places on vacation.

- Tourism has become an integral and one of the most important revenue earners and job creators for many nations

Table Of Contents

IT Trends in the Travel, Cruise, and Hospitality Market 
Table Of Contents
1 IT TRENDS IN THE TRAVEL, CRUISE, AND HOSPITALITY MARKET

Executive Summary
1. Market Overview
2. Key Findings

Market Overview
1. Definitions
2. Definitions
3. Definitions

Methodology
1. Methodology: Hotel and Travel Booking
2. Methodology: Cruise Market

Total Travel, Cruise, and Hospitality Market
1. Total Travel, Cruise, and Hospitality Market—Revenue Forecast
2. Travel Market and Its Ancillaries—Revenue Forecast
3. Travel Market—Drivers, Challenges and Trends
4. Travel Market—Market Snapshot
5. Travel Market Split by Booking Source

Cruise Market
1. Cruise Market—Revenue Forecast
2. Cruise Market—Region-wise Split

Hospitality Market
1. Hospitality Market—Drivers, Challenges and Trends
2. Hospitality Market—Market Snapshot
3. Hospitality Market—Revenue Forecast
4. Hospitality Market—IT Services Revenue Forecast

OTA Segment
1. OTA Segment—Market Snapshot
2. OTA Segment—Revenue Forecast
3. OTA Segment—Service Type Break-up

The Last Word
1. The Last Word—Predictions

Appendix
1. Colour Code For Keys Used Throughout The Presentation
2. Legal Disclaimer

The Frost and Sullivan Story
1. The Frost and Sullivan Story
2. Value Proposition: Future of Your Company and Career
3. Global Perspective
4. Industry Convergence
5. 360º Research Perspective
6. Implementation Excellence
7. Our Blue Ocean Strategy

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