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Travel and Tourism in South Africa, MarketLine

  • October 2016
  • 33 pages
  • MarketLine
Report ID: 3711519

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Summary
Travel and Tourism in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Findings
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel and tourism market in South Africa

- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel and tourism market in South Africa

- Leading company profiles reveal details of key travel and tourism market players' global operations and financial performance

- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa travel and tourism market with five year forecasts

Synopsis
Essential resource for top-line data and analysis covering the South Africa travel and tourism market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Reasons To Buy
- What was the size of the South Africa travel and tourism market by value in 2015?

- What will be the size of the South Africa travel and tourism market in 2020?

- What factors are affecting the strength of competition in the South Africa travel and tourism market?

- How has the market performed over the last five years?

- What are the main segments that make up South Africa's travel and tourism market?

Key Findings
The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming.

The South African travel and tourism industry had total revenues of $18.6bn in 2015, representing a compound annual growth rate (CAGR) of 6.7% between 2011 and 2015.

The foodservice segment was the industry's most lucrative in 2015, with total revenues of $5.6bn, equivalent to 30.2% of the industry's overall value.

Steady economic performance in recent years has resulted in rapid expansion of the travel and tourism industry. What's more, the airlines industry has significantly benefited from low fuel costs due to global crude oil prices crumbling during the last few years.

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