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Travel: In-depth Industry Report in Luxembourg

  • August 2016
  • 19 pages
  • ID: 241791
In this report:
According to Flash Eurobarometer, an EU-commissioned study published in 2013 investigating Europeans' attitudes towards tourism, travel agencies or tourism offices were named as the most important source when deciding about taking a holiday by ##% of respondents in Luxembourg, which was significantly higher than the European average of ##%.
Intermediaries current value sales increase by ##% to €## million in 2015 Intermediaries outlets lose further importance as travellers turn to social media for information Value sales of intermediaries are expected to rise by a CAGR of ##% at constant 2015 prices to €## million in 2020

Summary

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The generally more stable economic environment in Europe (EU) positively impacted travel in Luxembourg in 2015. Arrivals rised slightly above the average in Western Europe in 2015, since Luxembourg is also establishing itself as a leisure destination. Business arrivals, meanwhile, saw positive growth in 2015, since the area continues to be an crucial seat for various worldwide companies and financial institutions.

Euromonitor International's Travel in Luxembourg report provides a thorough outline of the market magnitude and design at a national level. It offers up-to-date data on the market situation 2011-2015, permitting you to recognize the sectors generating growth. It highlights the top firms and presents strategic overview of top factors impacting the market - new legislative, technology or pricing issues. Background data on annual leave, annual holiday and disposable income is also contained. Projections to 2020 expose how the segment might evolve.

Product coverage: Activities, Booking, Flows, Lodging, Travel Modes, Traveller Profiles.

Data coverage: market values (historic and estimations), number of company shares and market shares.

Few good reasons for buying this report

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Comprehend the competitive environment, the segment's main actors and major brands;

Use 5-year projections to apprehend how the segment is forecasted to change.

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