Travel and Tourism Market to See Booming Growth | lastminute.com, Booking Holdings, MakeMyTrip, eDreams
Advance Market Analytics published a new research publication on “Global Travel and Tourism Market Insights, to 2027” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Travel and Tourism market was mainly driven by the increasing R&D spending across the world.
Major players profiled in the study are:
Thomas Cook (India), Expedia (United States), Booking Holdings (United States), BCD Travel (Netherlands), Opodo (United Kingdom), MakeMyTrip (India), eDreams (United States), Ibibo (India), TUI Group (Germany), lastminute.com (United Kingdom)
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Scope of the Report of Travel and Tourism
The act of traveling to different locations, whether for fun, company, or any other personal reasons, is commonly referred to as tourism. Domestic, international, short-distance and long-distance travel are all possibilities. It may also be one way or both ways, for a variety of purposes. The global travel and tourism market is expected to increase in the coming years as demand rises for a variety of reasons. The travel industry encompasses all aspects of the broader service industry that respond to the wishes and needs of people traveling from one part of the world to another. The global travel and tourism industry is one of the world’s most dynamic and influential. As a result, the market’s survival is contingent on the efficiency of the service provided. To achieve a competitive edge, travel agents, airlines, car rental agencies, tour operators, and the hotel industry must employ the most up-to-date marketing techniques. The travel and tourism industry has grown significantly in recent years. The global travel and tourism market is expected to expand as airline travel becomes more affordable, accessibility to numerous remote but beautiful areas improves, and disposable income rises.
November 2020 – Thomas Cook India launches Virtual Holiday Store. The store intends to help customers with all their travel-related queries by just logging onto the website. Customers can connect over video chat with travel experts (from 0800 to 1200) who will help them with travel requirements, including domestic and international holidays, value-added services like travel insurance, end-to-end Covid-negative certification services, visa services, documentation, among others.
The Global Travel and Tourism Market segments and Market Data Break Down are illuminated below:
by Type (Ticket Reservation, Hotel Booking, Holiday/Tour Packages, Travel Insurance, Foreign Exchange, Visa Services, Others), Application (Domestic, International), Travel Purpose (Business, Leisure & Recreation, Education, Medical, Others), Booking Model (Online, Offline), Booking Type (Travel Agencies, Tourism and Travel Websites, Hotels, Others)
Market Opportunities:
- Increasing number of Business Trips by Companies
- Growth Opportunities Through Social Media and Commercial Advertisment
- Growing Medical Travel Across the World
Market Drivers:
- Increasing Accessibility and Trend of Travelling around the World
- Affordable Plane Tickets
- Availability of Various Platforms that facilitate the Travel
Market Trend:
- Increased Number of Solo Travellers
What can be explored with the Travel and Tourism Market Study?
- Gain Market Understanding
- Identify Growth Opportunities
- Analyze and Measure the Global Travel and Tourism Market by Identifying Investment across various Industry Verticals
- Understand the Trends that will drive Future Changes in Travel and Tourism
- Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Travel and Tourism Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Travel and Tourism market
Chapter 2: Exclusive Summary – the basic information of the Travel and Tourism Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Travel and Tourism
Chapter 4: Presenting the Travel and Tourism Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2016-2021
Chapter 6: Evaluating the leading manufacturers of the Travel and Tourism market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Travel and Tourism Market is a valuable source of guidance for individuals and companies.
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Published Sun, 18 Dec 2022 12:04:14 -0600
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