World Travel and Leisure Market Brief

World Travel and Leisure Market Brief

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 glitzy, effervescent, and dynamic world of travel and leisure, and a peek into prevailing scenario with 101 data-rich tables offering statistical findings on key regional and international parameters such as, tourist arrivals, tourism expenditure, tourism receipts, online bookings and spending on travel and leisure services, e-commerce sales of travel and leisure activities, and average expenditures of air travelers in top tourist destinations, among others. The report offers concise and 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. The US market is critically abstracted, examined, and seasoned with unequivocal opinions on the market’s future potential. Travel market trends and demographic behavioral patterns are neatly outlined, and illustrated with 12 supporting market data tables. Other regional markets briefly summarized, and annotated with tables include Canada, Japan, Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Norway, Poland, Portugal, Russia, Spain, Sweden, Switzerland, The Netherlands, UK, Australia, New Zealand, China, Hong Kong, India, Korea, Singapore, Argentina, Brazil, Saudi Arabia, UAE, Egypt and South Africa among others. The purpose of the abstracted regional market discussion is to provide the reader a prelude to these markets. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 659 companies worldwide.

TRAVEL AND LEISURE GOS-044
A GLOBAL OUTLOOK, SEPTEMBER 2008


CONTENTS


1. Overview 1
Travel & Leisure Sector: Dampeners and Deterrents 1
Travel & Leisure Sector: Drivers and Stimulants 1
Customized Travel Packages Boost the Global Travel & Tourism
Sector 1
Slashed Airfares Drive Up Frequency of Outbound Short Trips 2
Table 1: Leading Budget Airlines in the Global Market
(2006): Operating Revenues in US$ Billion for US Airways
Group, Southwest, EasyJet1, Ryanair, and JetBlue 2
Women Travelers Drive Up Development of Allied Facilities 2
Baby Boomers Prefer to Chill Out on Polar Cruises 2
Leading Hotels that Lodge the Global Traveler 2
Hotels & Leisure Industry 2
Passenger Ships and Cruise Lines in the Global Market 3
Travel Market Anticipates Growth in Travel Bookings 3
Consolidations Portray Positive Results in the Online Travel
Industry 3
Online Travel Agency Market Share by Gross Bookings (2005) 3
Table 2: Global Online Consumer Spending on Travel and
Leisure: Annual Market Estimates for 2003 through 2008 in
Billions of US$ for Travel, Entertainment, and Tickets 4
Asia to Experience the Maximum Traffic 4
Future Travelers Prefer to Go Out of the Way 4
Online Facilities Boost the Travel Sector 4
Travel Packages Make for “Light” Traveling 4
Lodging, Leisure & Travel Services Gain Momentum 5
Corporate Travel on Emerging Trend 5
Pricing Power 5
The Current Trends in Major Global Markets 5
World’s Leading Tourist Spots 5
Some Figures 6
Table 3: International Tourist Arrivals by Mode of Transport:
Percentage Breakdown for 2005 and 2006 for Air, Land (Road
and Rail), Water and Other Modes 6

Table 4: International Tourist Arrivals by Purpose of Visit:
Percentage Breakdown for 2005 and 2006 for Leisure,
Recreation & Holidays, Business & Professional, Visiting
Friends & Relatives, Health, Religion and Other and Other
Purposes 6

Table 5: Outbound Tourism by Generating Region: Percentage
Breakdown for 2005 and 2006 for From Europe, From
Asia-Pacific, From the Americas, From Middle East, From
Africa and From Origin Not Specified 7

Table 6: Outbound Tourism by International Tourism
Expenditure by Region in Africa: Percentage Breakdown for
2005 and 2006 for North Africa, West Africa, Central Africa,
East Africa and Southern Africa 7

Table 7: Outbound Tourism by International Tourism
Expenditure by Region the Americas: Percentage Breakdown for
2005 and 2006 for North America, Caribbean, Central America
and South America 8

Table 8: Outbound Tourism by International Tourism
Expenditure by Region Asia-Pacific: Percentage Breakdown for
2005 and 2006 for Northeast Asia, Southeast Asia, Oceania and
South Asia 8

Table 9: Outbound Tourism by International Tourism
Expenditure by Region Europe: Percentage Breakdown for 2005
and 2006 for Northern Europe, Western Europe, Central/Eastern
Europe, Southern Europe and East Mediterranean Europe 9

Table 10: Top Tourism Spending Countries by International
Tourism Expenditure: Percentage Breakdown for 2005 and 2006
for Germany, United States, United Kingdom, Japan, France,
Italy, China, Netherlands, Russian Federation and Other
Countries 9

Table 11: Top Tourism Destinations by International Tourist
Arrivals: Percentage Breakdown for 2005 and 2006 for France,
Spain, United States, China, Italy, United Kingdom, Mexico,
Turkey, Germany, Russian Federation and Other Destinations 10

Table 12: Leading Emerging Tourism Destinations by
International Tourist Arrivals in Africa: Percentage
Breakdown for 2005 and 2006 for South Africa, Tunisia,
Morocco, Algeria, Nigeria, Mauritius, Ghana, Tanzania,
Malawi, Swaziland and Other Destinations 10

Table 13: Leading Emerging Tourism Destinations by
International Tourist Arrivals in the Americas: Percentage
Breakdown for 2005 and 2006 for Argentina, Dominican
Republic, Cuba, Costa Rica, Peru, Guatemala, El Salvador,
Ecuador, Honduras, Panama and Other Destinations 11

Table 14: Leading Emerging Tourism Destinations by
International Tourist Arrivals in Asia-Pacific: Percentage
Breakdown for 2005 and 2006 for China, Malaysia, Hong Kong
(China), Thailand, Macao (China), Japan, South Korea, India,
Vietnam, New Zealand and Other Destinations 12

Table 15: Leading Emerging Tourism Destinations by
International Tourist Arrivals in Europe: Percentage
Breakdown for 2005 and 2006 for Spain, Turkey, Ukraine,
Croatia, Czech Republic, Kazakhstan, Lithuania, Estonia,
Slovakia, Slovenia and Other Destinations 13

Table 16: Leading Emerging Tourism Destinations by
International Tourist Arrivals in Middle East & Africa:
Percentage Breakdown for 2005 and 2006 for Saudi Arabia,
Egypt, UAE, Bahrain, Syria, Lebanon and Other Destinations 13

Table 17: International Tourism Receipts by Region in Africa:
Percentage Breakdown for 2005 and 2006 for North Africa, West
Africa, Central Africa, East Africa and Southern Africa 14

Table 18: International Tourism Receipts by Region in the
Americas: Percentage Breakdown for 2005 and 2006 for North
America, Caribbean, Central America and South America 14

Table 19: International Tourism Receipts by Region in
Asia-Pacific: Percentage Breakdown for 2005 and 2006 for
Northeast Asia, Southeast Asia, Oceania and South Asia 14

Table 20: International Tourism Receipts by Region in Europe:
Percentage Breakdown for 2005 and 2006 for Northern Europe,
Western Europe, Central/Eastern Europe and
Southern/Mediterranean Europe 15

Table 21: International Tourist Arrivals by Region in Africa:
Percentage Breakdown for 2005 and 2006 for North Africa,
West Africa, Central Africa, East Africa and Southern Africa 15

Table 22: International Tourist Arrivals by Region in the
Americas: Percentage Breakdown for 2005 and 2006 for North
America, Caribbean, Central America and South America 15

Table 23: International Tourist Arrivals by Region in
Asia-Pacific: Percentage Breakdown for 2005 and 2006 for
Northeast Asia, Southeast Asia, Oceania and South Asia 16

Table 24: International Tourist Arrivals by Region in Europe:
Percentage Breakdown for 2005 and 2006 for Northern Europe,
Western Europe, Central/Eastern Europe and
Southern/Mediterranean Europe 16

2. Mergers and Acquisitions 17

3. Strategic Corporate Developments 26

4. Products/ Services Launch 31

5. A North American Perspective 33

5a. United States 33
Overview 33
Weak Dollar Influences American Travel Habits 33
US Outbound Travel Market Hit by Terrorist Attack Paranoia 33
Outlook 33
Travel Market Trends 34
Offline Vs Online 34
Table 25: Online Bookings of Travel Products in the US:
Annual Market Estimates for 2003 through 2008 in Billions
of US$ for Air Travel, Lodging, Car Travel, and Cruise/Tour 35

Table 26: E-Commerce Sales of Travel and Leisure Activities
in the US: Annual Market Estimates for 2003 through 2008 in
Billions of US$ for Air Travel, Event Tickets, Car Rentals,
Hotels, Tours, Cruises, and Movie Tickets 35
Role of Travel Agents 36
Table 27: Travel Bookings by Segment in the US: 2005
Percentage Market Share for Cruises, Rental Cars, Hotel
Rooms, and Airline Tickets 37
Demographics and Growth Potential 37
Business Travel 37
Leisure Travel 37
Adventure Travel 38
Inbound Travel 38
Outbound Travel 39
Business and Pleasure Trips in the US 39
Obtaining Temporary Visa 39
Purpose of the Trip 39
Showing Business Activity 39
General Requirements 40
Application Submission 40
Features of Worldweb.Com 40
Table 28: Business and Pleasure Trips in the US: Annual
Market Estimates for 2003 through 2008 in Millions 40

Table 29: Average Expenditures by Overseas Visitors in the
US: 2005 in US$ Per Visitor/ Day for All Overseas Visitors,
Japanese Shoppers, British Shoppers, German Shoppers and
others 41
Intercity Transportation 41
Outlook 41
Vacation Packages 41
Cruise Sector 41
Travel Spending 42
Table 30: Travel Spending in the US: Annual Market Estimates
for 2003 through 2008 in Billions of US$ 42
Travel Destinations in the US 42
New York City 42
California 42
International Visitors 43
Table 31: Asia-Pacific Visitors in the US: 2005 in Thousands
for Australia, Japan, and South Korea 43

Table 32: International Tourist Arrivals in the US: Annual
Market Estimates for 2003 through 2008 in Thousands 43

Table 33: International Tourism Receipts in the US: Annual
Market Estimates for 2003 through 2008 in US$ Million 43

Table 34: Number of International Visitors Arrivals by States
in the US: 2005 in Percentage for California, New York,
Hawaiian Islands, Nevada, Florida, Colorado and Illinois 44

Table 35: Average Expenditures of Mexican Air Travelers by
Category in the US: 2005 in US$ for Lodging, Food/Beverages,
Entertainment, and Gifts/Souvenirs 44

Table 36: Highly Visited US States by Japanese Travelers in
the US: 2005 in Percentage for Hawaiian Islands, California,
Guam, Nevada, New York, and Florida 44

5b. Canada 45
Overview 45
Canadian Outbound Travel Market Grows by Leaps and Bounds 45
Tourists and Tourist Spots 45
Tourism-Market Segments 45
Accommodation 45
Food and Beverage 45
Transportation 46
Attraction Sectors 46
Outdoor Recreation and Adventure Tourism 46
Events and Conferences 46
Travel Trade 46
Tourism Services 46
Industry Growth 46
Technology 46
Education 46
Increased Disposable Income 46
More Stressful Lifestyle 46
Travel Cost 46
Marketing 46
Common Currency 46
Political Stability 46
Table 37: International Tourist Arrivals in Canada: Annual
Market Estimates for 2003 through 2008 in Thousands 47

Table 38: International Tourism Receipts in Canada: Annual
Market Estimates for 2003 through 2008 in US$ Million 47

6. A Japanese Market Perspective 47
Overview 47
Outlook 47
Japanese Online Travel Market 48
Overseas Travelers in Japan 48
Table 39: Number of Overseas Travelers in Japan: Annual
Market Estimates for 2003 through 2008 in Millions 48

Table 40: International Trips by Japanese Nationals: Annual
Market Estimates for 2003 through 2008 in Millions 48

Table 41: International Tourist Arrivals in Japan: Annual
Market Estimates for 2003 through 2008 in Thousands 49

Table 42: International Tourism Receipts in Japan: Annual
Market Estimates for 2003 through 2008 in US$ Million 49

7. A European Perspective 49
Overview 49
The European Travel Scene: Mixed Trends 49
Inbound Travel: International Sports Events Draw the Crowds
to Europe 49
Bleak Prospects in Europe? Not Really 49
European Travel Markets Have Come of Age 50
Table 43: Major Spending Travelers in European Market
(2006): Expenditure in US$ Billion by Country - Germany, UK,
France, Italy, and Russia 50
Drivers and Deterrents in the European Travel Market 50
European Business Travel 50
Online Travel Market 51
Table 44: E-Commerce Sales of Travel and Leisure Activities
in Europe: Annual Market Estimates for 2003 through 2008 in
Billions of Euros for Event Tickets, and Leisure Travel 51

Table 45: Travel Sites by Unique Visitors in Europe: 2005 in
Thousands for All UK sites, Lastminute.com,
Britishairways.com, Expedia.co.uk, Easyjet.co.uk,
Ebookers.com, Cheapflights.co.uk, and Others 51
Online Travel Market Prospects 52
Table 46: Online Sales of Travel Services by Category in
Europe: Annual Market Estimates for 2003 through 2008 in
Millions of US$ for Airlines, Tour Operators, Online Agents,
Rail Sites, Hotels, and Car Rental 52

7a. Austria 52
Overview 52
Table 47: International Tourist Arrivals in Austria: Annual
Market Estimates for 2003 through 2008 in Thousands 53

Table 48: International Tourism Receipts in Austria: Annual
Market Estimates for 2003 through 2008 in US$ Million 53

7b. Belgium 53
Overview 53
Table 49: International Tourist Arrivals in Belgium: Annual
Market Estimates for 2003 through 2008 in Thousands 54

Table 50: International Tourism Receipts in Belgium: Annual
Market Estimates for 2003 through 2008 in US$ Million 54

7c. Denmark 55
Overview 55
Table 51: International Tourist Arrivals in Denmark: Annual
Market Estimates for 2003 through 2008 in Thousands 55

Table 52: International Tourism Receipts in Denmark: Annual
Market Estimates for 2003 through 2008 in US$ Million 55

7d. Finland 56
Overview 56
Table 53: International Tourist Arrivals in Finland: Annual
Market Estimates for 2003 through 2008 in Thousands 56

Table 54: International Tourism Receipts in Finland: Annual
Market Estimates for 2003 through 2008 in US$ Million 56

7e. France 57
Overview 57
Table 55: International Tourist Arrivals in France: Annual
Market Estimates for 2003 through 2008 in Thousands 57

Table 56: International Tourism Receipts in France: Annual
Market Estimates for 2003 through 2008 in US$ Million 58

7f. Germany 58
Overview 58
Table 57: International Tourist Arrivals in Germany: Annual
Market Estimates for 2003 through 2008 in Thousands 59

Table 58: International Tourism Receipts in Germany: Annual
Market Estimates for 2003 through 2008 in US$ Million 59

7g. Ireland 59
Overview 59
Table 59: International Tourist Arrivals in Ireland: Annual
Market Estimates for 2003 through 2008 in Thousands 60

Table 60: International Tourism Receipts in Ireland: Annual
Market Estimates for 2003 through 2008 in US$ Million 60

Table 61: Online Products/Services Purchases in Ireland: 2005
Percentage Breakdown for Travel Services, and Others 60

7h. Italy 61
Overview 61
Table 62: International Tourist Arrivals in Italy: Annual
Market Estimates for 2003 through 2008 in Thousands 61

Table 63: International Tourism Receipts in Italy: Annual
Market Estimates for 2003 through 2008 in US$ Million 61
Outlook 62
Table 64: Holiday and Travel Products’ Sales through
E-Commerce in Italy: Annual Market Estimates for 2003 through
2008 in Billions of Lit 62

7i. Norway 62
Overview 62
Table 65: International Tourist Arrivals in Norway: Annual
Market Estimates for 2003 through 2008 in Thousands 63

Table 66: International Tourism Receipts in Norway: Annual
Market Estimates for 2003 through 2008 in US$ Million 63

7j. Poland 63
Overview 63
Table 67: International Tourist Arrivals in Poland: Annual
Market Estimates for 2003 through 2008 in Thousands 64

Table 68: International Tourism Receipts in Poland: Annual
Market Estimates for 2003 through 2008 in US$ Million 64

7k. Portugal 64
Overview 64
Table 69: International Tourist Arrivals in Portugal: Annual
Market Estimates for 2003 through 2008 in Thousands 65

Table 70: International Tourism Receipts in Portugal: Annual
Market Estimates for 2003 through 2008 in US$ Million 65

7l. Russia 65
Overview 65
Table 71: International Tourist Arrivals in Russia: Annual
Market Estimates for 2003 through 2008 in Thousands 66

Table 72: International Tourism Receipts in Russia: Annual
Market Estimates for 2003 through 2008 in US$ Million 66

7m. Spain 67
Overview 67
Outbound Market 67
Inbound Travel 67
Online Travel Market 67
Table 73: International Tourist Arrivals in Spain: Annual
Market Estimates for 2003 through 2008 in Thousands 67

Table 74: International Tourism Receipts in Spain: Annual
Market Estimates for 2003 through 2008 in US$ Million 68

7n. Sweden 68
Overview 68
Table 75: International Tourist Arrivals in Sweden: Annual
Market Estimates for 2003 through 2008 in Thousands 68

Table 76: International Tourism Receipts in Sweden: Annual
Market Estimates for 2003 through 2008 in US$ Million 69

7o. Switzerland 69
Overview 69
Table 77: International Tourist Arrivals in Switzerland:
Annual Market Estimates for 2003 through 2008 in Thousands 70

Table 78: International Tourism Receipts in Switzerland:
Annual Market Estimates for 2003 through 2008 in US$ Million 70

7p. The Netherlands 70
Overview 70
Table 79: International Tourist Arrivals in the Netherlands:
Annual Market Estimates for 2003 through 2008 in Thousands 71

Table 80: International Tourism Receipts in the Netherlands:
Annual Market Estimates for 2003 through 2008 in US$ Million 71

7q. United Kingdom 72
Hotel Industry - Growth Factors 72
Overview 72
Table 81: International Tourist Arrivals in the UK: Annual
Market Estimates for 2003 through 2008 in Thousands 72

Table 82: International Tourism Receipts in the UK: Annual
Market Estimates for 2003 through 2008 in US$ Million 73

Table 83: Leisure Travel Market in the UK: 1991, 1997 and
2003: Number of Overseas Air Travel Passengers in Millions 73

8. Asia-Pacific Perspective 73
The Asian Travel Diary 73
Travel and Tourism Sector Bounces Back from Natural Disasters 73
Asia-Pacific Remains a Dynamic Market in Travel and Tourism 73
Asia: Fascinating Destination for Business and Leisure Travelers 74
Chinese Panorama 74
Views from Thai 74

8a. Australia 75
Overview 75
Australian Inbound and Outbound Tourism to Grow in Near Future 75
Table 84: International Tourist Arrivals in Australia: Annual
Market Estimates for 2003 through 2008 in Thousands 76

Table 85: International Tourism Receipts in Australia: Annual
Market Estimates for 2003 through 2008 in US$ Million 76

8b. New Zealand 76
Overview 76
Table 86: International Tourist Arrivals in New Zealand:
Annual Market Estimates for 2003 through 2008 in Thousands 77

Table 87: International Tourism Receipts in New Zealand:
Annual Market Estimates for 2003 through 2008 in US$ Million 77

9. An Asian Perspective 77

9a. China 77
Tourism Sector to Grow Remarkably 77
Boom in Business Travel Sector 78
Overview 78
Table 88: Tourism Market in China (2004 & 2005): Number of
Outbound Travelers in Millions 78

Table 89: International Tourist Arrivals in China: Annual
Market Estimates for 2003 through 2008 in Thousands 78

Table 90: International Tourism Receipts in China: Annual
Market Estimates for 2003 through 2008 in US$ Million 79

9b. Hong Kong 79
Overview 79

9c. India 79
Overview 79
Driving Factors for Tourism Industry Growth 80
Online Booking of Air Tickets Garners Attention 80
Medical Tourism 80
Table 91: International Tourist Arrivals in India: Annual
Market Estimates for 2003 through 2008 in Thousands 81

Table 92: International Tourism Receipts in India: Annual
Market Estimates for 2003 through 2008 in US$ Million 81

9d. Korea 81
Overview 81

9e. Singapore 82
Overview 82

10. A Latin American Perspective 82

10a. Argentina 82
Overview 82
Table 93: International Tourist Arrivals in Argentina: Annual
Market Estimates for 2003 through 2008 in Thousands 82

Table 94: International Tourism Receipts in Argentina: Annual
Market Estimates for 2003 through 2008 in US$ Million 83

10b. Brazil 83
Overview 83
Table 95: International Tourist Arrivals in Brazil: Annual
Market Estimates for 2003 through 2008 in Thousands 83

Table 96: International Tourism Receipts in Brazil: Annual
Market Estimates for 2003 through 2008 in US$ Million 84

11. A Middle East Perspective 84
Emerging as a Favored Travel Destination 84

11a. Saudi Arabia 84
Overview 84
Table 97: Airline Travel Market in Saudi Arabia (2006):
Passenger Traffic (in Billions of Passengers) for Domestic
Airports and International Airports 85

Table 98: International Tourism Receipts in Saudi Arabia:
Annual Market Estimates for 2003 through 2008 in US$ Million 85

11b. United Arab Emirates 85
Overview 85
Table 99: International Tourism Receipts in the UAE: Annual
Market Estimates for 2003 through 2008 in US$ Million 86

11c. Egypt 86
Tourism in Egypt to Undergo a Boom 86

12. A South African Perspective 86
Overview 86
Table 100: International Tourist Arrivals in South Africa:
Annual Market Estimates for 2003 through 2008 in Thousands 87

Table 101: International Tourism Receipts in South Africa:
Annual Market Estimates for 2003 through 2008 in US$
Million87


GLOBAL DIRECTORY