The global outlook series on Travel and Leisure provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report provides a bird’s eye view of the effervescent and dynamic world of travel and leisure, and a peek into prevailing scenario with 101 data-rich tables offering offering statistical findings on key regional and international parameters such as, tourist arrivals, tourism expenditure /receipts and spending on travel services among others. The report offers crisp primers on emerging trends shaping the industry’s future, and insights into the spate of recent mergers and acquisitions, and other noteworthy corporate developments. Travel market trends and demographic behavioral patterns are neatly outlined, and illustrated with 33 supporting market data tables. Other regional markets briefly summarized, and annotated with tables include Canada, Japan, Austria, Belgium, Denmark, Finland, France, Germany, Italy, Spain, Sweden, Switzerland, The Netherlands, UK, Australia, China, Hong Kong, India, Korea Egypt and others. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 540 companies worldwide.
Global Travel Services Industry
1. OVERVIEW 1
Market Highlights 1
Market Analytic 2
Recession and After 2
Travel & Leisure Sector: Dampeners and Deterrents 2
Travel & Leisure Sector: Drivers and Stimulants 3
Customized Travel Packages Boost the Global Travel & Tourism
Sector 3
Slashed Airfares Drive Up Frequency of Outbound Short Trips 3
Table 1: Leading Global Airlines (2010): Ancillary Revenues
in Euros for United Airlines, American Airlines, Delta Air
Lines, Qantas Airways, Ryanair, EasyJet, US Airways, Air
Canada, Alaska Airlines and Tam Airlines 4
Top 10 Global Budget Airlines (2010): Ranked on the Basis
of Lowest Average Fares 4
Table 2: Leading Outbound Travel Markets (2010): Number of
Trips in Million by Country of Origin 5
Women Travellers Drive Up Development of Allied Facilities 5
Baby Boomers Prefer to Chill Out on Polar Cruises 5
Leading Hotels that Lodge the Global Traveller 5
Hotels & Leisure Industry 6
Independent Hotels: A Clear Preference 6
Passenger Ships and Cruise Lines in the Global Market 6
Travel Market Anticipates Growth in Travel Bookings 7
Increased Usage of Tour Operators and Travel Agents’ Services 7
Consolidations Portray Positive Results in the Online Travel
Industry 7
Asia to Experience the Maximum Traffic 8
Future Travellers Prefer to Go Out of the Way 8
Online Facilities Boost the Travel Sector 8
Social Networking Sites to Drive Growth 8
Travel Packages Make for “Light” Travelling 9
Lodging, Leisure & Travel Services Gain Momentum 9
Corporate Travel on Emerging Trend 9
Pricing Power 10
The Current Trends in Major Global Markets 10
World’s Leading Tourist Spots 10
Global Incentive Travel Industry 11
Adventure Tourism on the Rise and To Continue 11
Trekking and Walking—New Trends in Vacationing 12
Future Trends in Sustainable Travel 12
Statistical Review 13
Table 3: International Tourist Arrivals by Mode of Transport
(2011): Percentage Breakdown for Air, Land (Road and Rail),
Water and Other Modes 13
Table 4: Global Travel and Leisure Market (2011): Percentage
Breakdown for Key Determiners in Selecting a Cruise Vacation
- Destination, Cost, Overall Experience, Ship and On board
Facilities 13
Table 5: Global Travel and Leisure Market (2011): Percentage
Breakdown for Leading Countries in Terms of Number of
International Arrivals - France, US, China, Spain, Italy, UK,
Turkey, Germany, Malaysia, Mexico and Others 14
Table 6: Global Travel and Leisure Market (2011): Percentage
Breakdown of Leading Countries by Expenditure - Germany, US,
China, UK, France and Others 14
Table 7: International Tourist Arrivals by Purpose of Visit
(2011): Percentage Breakdown for Leisure, Recreation &
Holidays, Business & Professional, Visiting Friends &
Relatives, Health, Religion and Other and Other Purposes 15
Table 8: Outbound Tourism by International Tourism
Expenditure by Region in Africa (2011): Percentage Breakdown
for Southern Africa, West Africa, East Africa, North Africa
and Central Africa 15
Table 9: Outbound Tourism by International Tourism
Expenditure by Region the Americas (2011): Percentage
Breakdown for North America, South America, Carribean and
Central America 15
Table 10: Outbound Tourism by International Tourism
Expenditure by Region Asia-Pacific (2011): Percentage
Breakdown Northeast Asia, Southeast Asia, South Asia and
Oceania 16
Table 11: Outbound Tourism by International Tourism
Expenditure by Region Europe (2011): Percentage Breakdown for
Western Europe, Northern Europe, Southern Europe,
Central/Eastern Europe and East Mediterranean Europe 16
Table 12: Leading Emerging Tourism Destinations by
International Tourist Arrivals in Africa (2011): Percentage
Breakdown for South Africa, Tunisia, Morocco, Algeria,
Nigeria, Mauritius, Ghana, Tanzania, Malawi, Swaziland and
Other Destinations 16
Table 13: Leading Emerging Tourism Destinations by
International Tourist Arrivals in Middle East & Africa
(2011): Percentage Breakdown for Saudi Arabia, Egypt, UAE,
Bahrain, Syria, Lebanon and Other Destinations 17
Table 14: International Tourism Receipts by Region in Africa
(2011): Percentage Breakdown for Southern Africa, North
Africa, East Africa, West Africa, Central Africa 17
Table 15: International Tourism Receipts by Region in the
Americas (2011): Percentage Breakdown for North America,
Caribbean, South America and Central America 17
Table 16: International Tourism Receipts by Region in
Asia-Pacific (2011): Percentage Breakdown for Northeast Asia,
Southeast Asia, Oceania and South Asia 18
Table 17: International Tourism Receipts by Region in Europe
(2011): Percentage Breakdown for Southern/Mediterranean
Europe, Western Europe, Northern Europe and Central/Eastern
Europe 18
Market Analytics 19
Table 18: World Recent Past, Current, and Future Analysis for
Travel and Leisure by Geographic Region - US, Canada, Europe,
Asia-Pacific (including Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales
Figures in US$ Billion for Years 2010 through 2015 19
Table 19: World 5-Year Perspective for Travel and Leisure by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Europe, Asia Pacific (including Japan), Latin
America and Rest of World Markets for Years 2011 & 2015 20
2. STRATEGIC CORPORATE DEVELOPMENTS 21
3. PRODUCT LAUNCHES 44
A REGIONAL MARKET PERSPECTIVE 50
1. NORTH AMERICA 50
1a. UNITED STATES 50
Overview 50
Impact of Recession 50
US Lodging Demand to Recover Slowly 50
Weak Dollar Influences American Travel Habits 51
US Outbound Travel Market Hit by Terrorist Attack Paranoia 51
US Witnesses Influx of Belgian Tourists 51
Outlook 52
Travel Market Trends 53
Offline Vs Online 53
Business Travel Fuels Offline US Travel Market 54
Role of Travel Agents 55
Table 20: Travel Bookings by Segment in the US (2011):
Percentage Market Share for Airline Tickets, Hotel Rooms,
Rental Cars and Cruises 56
Demographics and Growth Potential 56
Business Travel 56
Leisure Travel 57
Adventure Travel 57
Inbound Travel 57
Outbound Travel 58
Business and Pleasure Trips in the US 59
Obtaining Temporary Visa 59
Purpose of the Trip 59
Showing Business Activity 59
General Requirements 59
Application Submission 60
Features of Worldweb.Com 60
Intercity Transportation 60
Outlook 60
Vacation Packages 61
Cruise Sector 61
Travel Destinations in the US 61
New York City 61
California 61
International Visitors 62
Table 21: Travel and Leisure Market in the US (2011): Region
wise Percentage Breakdown for Leading Contributors to the US
Inbound Market - Europe, Asia, Americas, Asia-Pacific,
Middle-East and Africa 62
Travel and Leisure Market in the US (2010): Percentage
Breakdown for Leading Countries in the US Inbound Market -
UK, Japan, Germany, France, Brazil, Italy, South Korea and
Australia 62
1b. CANADA 63
Overview 63
Leisure Travel Trends 63
Canadian Outbound Travel Market Grows by Leaps and Bounds 63
Tourists and Tourist Spots 64
Tourism-Market Segments 64
Accommodation 64
Food and Beverage 64
Transportation 64
Attraction Sectors 65
Outdoor Recreation and Adventure Tourism 65
Events and Conferences 65
Travel Trade 65
Tourism Services 65
Industry Growth 65
Technology 65
Education 65
Increased Disposable Income 66
More Stressful Lifestyle 66
Travel Cost 66
Marketing 66
Common Currency 66
Political Stability 66
Table 22: Travel and Leisure Market in Canada (2011):
Percentage Share Breakdown by Main Reasons for Traveling-
Leisure, Family and Friends, Business and Others 66
Table 23: Canadian Travel and Leisure Market (2011):
Percentage Share Breakdown for Leading Travel Firms -
Transat, TCNA, Sunwing, ACV, WJV, TUI and Others 67
1c. MEXICO 68
Influence of the Mexican Travel and Tourism Industry on the US 68
General Trends 68
Domestic Tourism Sector and Increasing Competition 68
International Competitors 68
2. JAPAN 70
Overview 70
Outlook 70
Japanese Online Travel Market 70
3. EUROPE 71
Overview 71
Market Analytics 71
Table 24: European Travel and Leisure Market by Geographic
Region - Annual Sales for the Years 2010 through 2015 in US$
billion for France, Germany, UK, Italy, Spain and Rest of
Europe 72
Table 25: European Travel and Leisure Market by Geographic
Region: Percentage Share Breakdown for 2011 and 2015 for
France, Germany, UK, Italy, Spain and Rest of Europe 73
The European Travel Scene: Mixed Trends 73
Inbound Travel: International Sports Events Draw the Crowds
to Europe 73
Bleak Prospects in Europe? Not Really 73
European Travel Markets Have Come of Age 74
Drivers and Deterrents in the European Travel Market 74
Rising Number of Tourists to Europe Augurs Growth in Hotel
Spending 74
European Business Travel 75
Online Travel Market 75
3a. AUSTRIA 75
Overview 75
3b. BELGIUM 76
Overview 76
3c. DENMARK 77
Overview 77
Recession and its Impact on the Danish Travel Market 77
3d. FINLAND 79
Overview 79
US- A Major Travel Destination 79
3e. FRANCE 80
Overview 80
3f. GERMANY 81
Overview 81
Trends in Travel and Tourism Industry in Germany 81
Major Tourist Destinations 82
Demand in the Travel Market in Germany Increases 82
Booking Portals Other Than Conventional Agents Also Gaining
Popularity 82
Table 26: Travel and Leisure Market in Germany (2011):
Percentage Share Breakdown by Purpose of Traveling - Holiday
Trips, Private Trips and Business Trips. 83
Table 27: German Travel and Leisure Market (2011): Percentage
Share Breakdown for Outbound Market - Austria, Spain, Italy,
Turkey, France, Netherlands, Greece, Croatia and Others 83
3g. HUNGARY 84
An Overview 84
Travelling Trends to the US 84
Table 28: Travel and Leisure Market in Hungary (2011):
Percentage Breakdown by Expenditure - Leisure, Work,
Business, Shopping, Study and Others 85
3h. IRELAND 86
Overview 86
Resurgence of Tourism Industry 86
Table 29: Online Products/Services Purchases in Ireland
(2011): Percentage Breakdown for Travel Services and Others 87
3i. ITALY 88
Overview 88
Growing Market for Italian Travel and Tourism Industry to US 88
Outlook 89
3j. NORWAY 89
Overview 89
3k. POLAND 90
Overview 90
General Trends 90
Key Players 90
Future Course of Travel Industry in Poland 91
3l. PORTUGAL 91
Overview 91
3m. RUSSIA 92
Overview 92
Outbound Travel Market 92
3n. SLOVAKIA 93
Overview of the Slovakian Tourism Industry 93
3o. SPAIN 94
Market Dynamics 94
Overview 94
Outbound Market 94
Inbound Travel 94
Online Travel Market 94
3p. SWEDEN 95
Overview 95
Tourism Industry 95
Table 30: Travel and Leisure Market in Sweden (2011):
Percentage Breakdown for Leading Travel Agencies - Thomas
Cook, TUI, Kuoni, Primera and Others 96
3q. SWITZERLAND 97
Overview 97
3r. THE NETHERLANDS 98
Overview 98
3s. UNITED KINGDOM 99
Hotel Industry - Growth Factors 99
Overview 99
Travel Market 99
Growth of UK Domestic Travel Industry 100
4. ASIA-PACIFIC 101
The Asian Travel Diary 101
Online Travel Sites a Boom to the Asian Travel Industry 101
Mobile Travel- Trends 101
Apps to Change Travel Habits 102
Travel and Tourism Sector Bounces Back from Natural Disasters 102
Asia-Pacific Remains a Dynamic Market in Travel and Tourism 102
Asian Tourism Industry Surges 103
Asia: Fascinating Destination for Business and Leisure Travelers 103
Chinese Panorama 104
Views from Thai 104
4a. AUSTRALIA 105
Overview 105
Australian Tourism Scenario to Worsen 105
Table 31: Travel and Leisure Market in Australia (2011):
Percentage Breakdown by Purpose of Arriving - Holiday,
Visiting Friends or Relatives, Business, Education,
Employment, Conference and Other 106
4b. NEW ZEALAND 106
Overview 106
5. ASIA 107
Market Analytics 107
Table 32: Asia-Pacific Travel and Leisure Market by
Geographic Region - Annual Sales for the Years 2010 through
2015 in US$ Billion for China, Hong Kong, Thailand and Rest
of Asia-Pacific 107
Table 33: Asia-Pacific Travel and Leisure Market by
Geographic Region: Percentage Share Breakdown for 2011 and
2015 for China, Hong Kong, Thailand and Rest of Asia-Pacific 108
5a. CHINA 109
Tourism Sector to Grow Remarkably 109
Boom in Business Travel Sector 109
Overview 109
Guangdong: the Most Productive Tourist Destination in China 109
Spurt in Outbound Tourism 110
Boutique Hotels: the Emerging Trend in Hotel Industry 110
5b. HONG KONG 111
Overview 111
5c. INDIA 112
Overview 112
Outbound Travel Market in India 112
Trends 113
Tourism and Hospitality 113
Investments in Smaller Cities 113
Attractive Serviced Apartments 113
Growing Niche Segments 113
Strategic Co-operations 114
Competitive Landscape of Market 114
Indian Regulatory Model 114
Driving Factors for Tourism Industry Growth 114
Online Booking of Air Tickets Garners Attention 115
Medical Tourism 115
Investments Needed to Address Anticipated Boom in Indian
Medical Tourism 115
Growth to Remain Sluggish Despite Economic Recovery 116
5d. KOREA 117
Overview 117
Outlook of Korean Outbound Travel Market 117
5e. MALAYSIA 118
Medical Tourism Industry Witnesses Impressive Growth 118
5f. PHILIPPINES 119
Philippines’ Travel Industry Booming 119
5g. SINGAPORE 120
Overview 120
Travelling Trends 120
US: Popular Tourist Destination among Singaporeans 120
6. LATIN AMERICA 121
6a. ARGENTINA 121
Overview 121
6b. BRAZIL 122
Overview 122
6c. ECUADOR 123
Travel and Tourism Industry Grows 123
7. MIDDLE EAST 123
Emerging as a Favored Travel Destination 123
7a. SAUDI ARABIA 124
Overview 124
7b. UNITED ARAB EMIRATES 124
Overview 124
7c. EGYPT 125
Tourism in Egypt to Undergo a Boom 125
8. SOUTH AFRICA 125
Overview 125
GLOBAL DIRECTORY
