1. Market Research
  2. > Travel and Tourism Market Trends
  3. > Tourism

How & Where Do People Travel? Find Your Way Through Studies Available

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
37 votes

Topics under Tourism

Global Tourism Industry Analysis

The global tourism & leisure industry and more particularly the tourism sector continue to thrive. The industry is showing signs of recovery following the last economic recession, which saw falling demand for tourism activity as consumers postponed trips to concentrate their household budgets on the essential areas.

As disposable incomes rise and a social trend towards traveling and exploring new destinations grows, the different segments of the global tourism industry are attracting greater numbers of consumers eager to travel and experience life in other countries or just optimize time off work to unwind by taking holidays.

Key Regional Markets

The US tourism industry has suffered due to the economic crisis. According to the US Travel Association, if the overseas travel industry were to climb to previous heights, it could create employment for close to 1.5 million people by 2020, adding almost $860 billion worth of cumulative economic output.

The passenger transportation sector never felt the recession as people always need to travel.

The EU receives more than 475 million international arrivals each year, and had a 50% share in the global tourism industry, reports UNWTO. The region totals more than $388 million from international tourism receipts which benefit the drinking location market (bars & pub). France, Italy, Germany, and Spain are among the countries with the majority of arrivals. The EU’s long-haul markets are expected to see a change from North and South America, which currently represent over 55% of trips from overseas, to trips from developing markets.  

Factors fuelling the Chinese market expansion include government initiatives, liberalization, and rising affluence. Improving technical infrastructure is boosting online tourism, with e-commerce and internet paving the way for this market segment. Tourism in China has been bolstered by events such as the Asian Games, the Shanghai Expo and the Olympic Games in 2008. State investments of $1.2 trillion will help improve China’s transportation infrastructure, further supporting the country’s tourism industry.

India’s tourism industry overlaps with and contributes to related industries such as civil aviation, transport, and hospitality, notes RNCOS. Domestic tourism is strong, and leisure and pilgrim tourism are both leading sectors. Rising income is fuelling outbound travel, with Singapore, Malaysia, and Thailand as popular destinations. The industry is fragmented and intensely competitive, though not very organized.

Market Outlook

As consumers become increasingly informed about social and environmental factors, the tourism industry will need to focus on combining luxury and conscientious concerns to offer high-end comfort with sustainable and ethical tourism practices, especially in the hospitality sector.

Leading Industry Associations

 
Share

You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+44 208 068 8943

1-10 of about 33000 reports

Global Tourism Industry - Forecast, Weekly Update

  • November 2017
    7 pages
  • Tourism  

  • World  

View report >

Tourism Industry in the US

  • November 2017
    16 pages
  • Tourism  

  • United States  

View report >

Tourism Industry in the UK and Europe - Forecast

  • November 2017
    10 pages
  • Tourism  

  • United Kingdom  

    Europe  

    Australia  

View report >

Tourism Industry in Asia - Forecast

  • October 2017
    36 pages
  • Travel  

  • Asia  

View report >

Tourism Forecast Statistics in Japan

  • November 2017
    18 pages
  • Tourism  

  • Japan  

    Asia  

View report >

Tourism Industry in the UK and France

  • September 2017
    26 pages
  • Tourism  

  • United Kingdom  

    France  

    United States  

View report >

Business Tourism Industry in Germany - Forecast

  • September 2017
    11 pages
  • Business Touris...  

  • Germany  

View report >

Tourism Forecast in Italy

  • October 2017
    5 pages
  • Tourism  

    Tourism  

  • Italy  

    Europe  

View report >

Tourism Industry in the UK

  • November 2017
    12 pages
  • Tourism  

  • United Kingdom  

    Europe  

View report >

Tourism Markets in Canada

  • November 2017
    13 pages
  • Tourism  

  • Canada  

    North America  

View report >


About 2900 reports

Purchase Reports From Reputable Market Research Publishers
(From € 68 - € 13632)

Luxury Travel Sector: Worldwide Forecast until 2021

  • € 3398
  • Industry report
  • October 2017
  • by Infiniti Research Limited

About Luxury TravelTourism refers to travel made by individuals to domestic or international destinations for a period not exceeding one year for business, leisure, and other purposes such as pilgrimage ...

Personalized Gifts Sector: Worldwide Forecast until 202 ...

February 2017 € 3398

Golf Tourism Sector: Worldwide Forecast until 2021

January 2017 € 3398

Ski Equipment Sector: Worldwide Forecast until 2020

September 2016 € 2427

Travel & Tourism Global Group of Eight (G8) Industry Gu ...

November 2016 € 1359

Hotels and Motels Global Group of Eight (G8) Industry G ...

October 2016 € 1359

Travel & Tourism BRIC (Brazil, Russia, India, China) In ...

November 2016 € 905

Travel & Tourism Top 5 Emerging Markets Industry Guide_ ...

November 2016 € 905

Hotels and Motels Top 5 Emerging Markets Industry Guide ...

October 2016 € 905

Hotels and Motels BRIC (Brazil, Russia, India, China) I ...

October 2016 € 905

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.