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Case Studies
Case Study: The impact of COVID-19 on InterContinental Hotels Group
Recent months have been unprecedented in the tourism sector. Travel restrictions, flight suspensions, falling consumer confidence and a slew of negative press are just some of the issues lodging operators are having to contend with. As one of the resorts industry's largest players, IHG has been severely impacted. Key Highlights - The hotel industry has been hit catastrophically with hotels being closed and global travel coming to a halt, upending global travel. Despite IHG only having approximately 15% of its...
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Sector Analysis
Tourism Destination Market Insights - United States (2020)
The United States is home to a number of popular destinations for travelers of all types thanks to its varied offering. This insight report includes an analysis of source markets, infrastructure and attractions, and assesses the risks and opportunities for the United States as a destination market. Key Highlights - With the largest economy in the world, the US, which is made up of 50 states over 3.8 million square miles, is the most internationally recognized country in the world....
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Thematic Analysis
Mergers and Acquisitions in Travel and Tourism Industry in 2020 - Thematic Research
In 2019, tourism accounted for 7% of global trade. The United Nations projects that export revenues from tourism, which supports one in 10 jobs globally, could fall by $910bn to $1.2tn in 2020. This worldwide blow to tourism revenues created by COVID-19 has meant that nearly all tourism related companies have had to dramatically reduce spending in order to navigate through this pandemic, resulting in reduced M&A activity. This report starts with a specific deep dive in to M&A activity...
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Sector Analysis
Japan Hotels: Market Update
This report is the result of Canadean’s extensive market research covering the hotels market in Japan. It contains detailed data on market dynamics along with latest industry happenings and industry players in Japan. "Japan Hotels: Market Update" provides a top-level overview and detailed insight into the operating environment of the hotels market in Japan. It is an essential tool for companies active across Japan travel and tourism value chain and for new players considering to enter the market.
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Sector Analysis
Japan Airlines: Market Update
This report is the result of Canadean’s extensive market research covering the airlines market in Japan. It contains detailed data on market dynamics along with latest industry happenings and industry players in Japan. "Japan Airlines: Market Update" provides a top-level overview and detailed insight into the operating environment of the airlines market in Japan. It is an essential tool for companies active across Japan travel and tourism value chain and for new players considering to enter the market.
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Sector Analysis
Japan Car Rental: Market Update
This report is the result of Canadean’s extensive market research covering the car rental market in Japan. It contains detailed data on market dynamics along with latest industry happenings and industry players in Japan. "Japan Car Rental: Market Update" provides a top-level overview and detailed insight into the operating environment of the car rental market in Japan. It is an essential tool for companies active across Japan travel and tourism value chain and for new players considering to enter the...
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Sector Analysis
Japan Travel Intermediaries: Market Update
This report is the result of Canadean’s extensive market research covering the travel intermediaries market in Japan. It contains detailed data on market dynamics along with latest industry happenings and industry players in Japan. "Japan Travel Intermediaries: Market Update" provides a top-level overview and detailed insight into the operating environment of the travel intermediaries market in Japan. It is an essential tool for companies active across Japan travel and tourism value chain and for new players considering to enter the...
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Sector Analysis
Travel and Tourism in Spain to 2020
Spain’s inbound tourism recorded another successful year with strong growth in arrivals. The recently improved economic scenario means Spaniards prefer outbound trips over domestic tourism. Although, the unemployment rate is still high, GDP at constant prices grew by 1% in 2014 and 3% in 2015. Domestic trips declined by -3.4% in 2014 and -1.1% in 2015, while outbound trips increased by 4.8% and 2% respectively.
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Sector Analysis
Travel and Tourism in Germany to 2020
International arrivals to Germany rose at a CAGR of 4.83% during 2010 to 2015. By promoting tourism in other countries, the tourism board has ensured that the country manages to attract a large number of tourists. Visiting friends and relatives (VFR) was the primary reason for domestic travel in 2015. The spread of the Zika virus is likely to result in fewer outbound trips to the Americas and the recent terror attacks in France and Belgium are expected to have...
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Sector Analysis
Travel and Tourism in Maldives to 2020
After recording strong growth of 17% in 2013 and 7% in 2014, inbound trips to the Maldives slowed with an increase of just 2% in 2015. This can be attributed to a decrease in trips from China and Russia due to economic problems in those countries; in 2015, trips from Russia and China fell by 33% and 1% respectively. There was also a decline in trips from France. Almost 75% of the tourists from China and Russia visit the Maldives...