Travel and Tourism – Global industry analyzes and growth projections featuring profiles of key players 2016-2025

DUBLIN, February 28, 2022–(BUSINESS WIRE)–The “Travel and Tourism – Market Summary, Competitive Analysis and Forecast, 2016-2025” report has been added to from ResearchAndMarkets.com offer.

The ‘Global Travel & Tourism’ Industry Profile provides top-tier qualitative and quantitative summary information including: Industry Size (2016-20 value and Forecast to 2025). The profile also contains descriptions of major players, including key financial metrics and an analysis of competitive pressures within the industry.

Highlights

  • The duration of the pandemic and the restrictions introduced by various countries are still difficult to predict, although many governments have introduced national lockdowns and temporarily banned the sale of products deemed “non-essential”. Since the duration of the pandemic and its impact on this market is not certain, the data used in this report has been modeled on the assumption of a crisis scenario and has taken into consideration the expected impacts on the national economy.

  • The global travel and tourism industry recorded total revenues of $4,468.4 billion in 2020, which represents a compound annual rate of change (CRAC) of -10.5% between 2016 and 2020.

  • The restaurant segment generated the most revenue in 2020, with total revenues of $2,211.2 billion, or 49.5% of the industry’s overall value.

  • The industry has been devastated by the global outbreak of COVID-19, which led to an unprecedented decline of 43.5% in 2020.

Scope

  • Save time conducting entry-level research by identifying the size, growth, major segments and key players in the global travel and tourism industry

  • Use five forces analysis to determine the competitive intensity and therefore the attractiveness of the global travel and tourism industry

  • Top company profiles reveal details of the global operations and financial performance of major players in the travel and tourism industry

  • Empower presentations and presentations by understanding the future growth prospects of the global travel and tourism industry with a five-year forecast

Reasons to buy

  • What was the size of the global travel and tourism industry by value in 2020?

  • How big will the global travel and tourism industry be in 2025?

  • What factors affect the degree of competition in the global travel and tourism industry?

  • How has the industry fared over the past five years?

  • What are the main segments that make up the global travel and tourism industry?

Companies cited

  • Restaurant Marques International Inc

  • McDonald’s Corporation

  • Choice Hotels International Inc.

  • Shanghai JinJiang Capital Co Ltd

  • Marriott International Inc.

  • Wyndham Hotels and Resorts LLC

  • Delta Air Lines Inc.

  • Deutsche Lufthansa AG

  • Yum! Marks, Inc.

  • GreenTree Hospitality Group Ltd

  • Huazhu Group Ltd

  • Whitbread PLC

  • Starbucks Corporation

  • Ryanair Holdings plc

  • Accor SA

  • IAE International Aero Engines SA

  • Contact-Hotel Association

  • The Originals, Human Hotels & Resorts

  • Air France-KLM SA

  • Le Duff Group SA

  • Ringhotels EV

  • NORDSEE GmbH

  • Cigierre – Compagnia Generale Restauration SpA

  • Alitalia – Societa Aerea Italiana SpA

  • Best Western International Inc.

  • Cremonini SpA

  • airline easyJet Ltd

  • Central Japan Railway Company

  • Skylark Holdings Co Ltd

  • Road Inn Japan Co Ltd

  • Toyoko Inn Co Ltd

  • Akindo Sushiro Co Ltd

  • Domino’s Pizza, Inc.

  • Flight Center Travel Group Ltd

  • Australian Leisure and Hospitality Group

  • WestJet Airlines Ltd

  • American Airlines Inc.

  • Air Canada

  • China Eastern Airlines Corp Ltd

  • China Southern Airlines Co Ltd

  • TUI group

  • Fletcher Hotel Group

  • Van der Valk hotels and restaurants

  • Sligro Food Group SA

  • Barceló Hotels and Resorts

  • NH Hotel Group SA

  • Melia Hotels International SA

  • Restalia Grupo de Eurorestauracion SL

  • Ei Group Ltd

  • Travelport Worldwide Ltd

  • Expedia Group Inc.

  • Greene King Limited

  • InterContinental Hotels Group Plc

  • Reservation Holdings Inc

  • Travelodge Hotels Ltd. (inactive)

  • South West Airline

  • Physician’s Associates Inc.

  • Hilton Worldwide Holdings Inc.

For more information on this report, visit https://www.researchandmarkets.com/r/s5qxdp

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220228005796/en/

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