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Sector Analysis
Travel and Tourism in Ireland to 2021
The tourism sector in Ireland performed well during 2015. Inbound tourism registered strong growth due to factors including the strong economic performance of key source markets such as Germany and the weaker Euro against the pound and Dollar contributing to increasing arrivals from the US and the UK. Moreover, improved air services to Ireland from the major source markets such as the US along with the branding initiatives of Fáilte Ireland such as Dublin - a Breath of Fresh Air...
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Analyst Opinions
Changing Trends in Business Travel Booking in 2016–2017
The majority of travel and tourism executives have no preferred travel provider. Comfortable seating, free baggage check, and free Wi-Fi access on flights are most likely to influence travelers when choosing one airline over another. The majority of travelers favor car rental companies that offer car drop-off and pick-up services. Moreover, 24-hour on-road and in-car assistance service, and GPS navigation services are other key factors likely to influence the selection of a car rental company. The highest percentage of travelers...
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Sector Analysis
Travel and Tourism in Greece to 2021
Strong growth was achieved in Greece’s inbound tourism in 2014 and 2015 with an increase of 24.4% and 7.4% respectively, as the Euro depreciated against the currencies of key source markets such as the UK and US. Moreover, expenditure also showed strong growth of 8.2% in 2015. Trips totaled 5.8 million while expenditure was valued at €8.3 billion (US$9.2 billion) in 2015. Due to the shrinking economy, outbound trips growth slowed to 2.8% in 2015, with 776,470 trips.
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Sector Analysis
Source Market Insights: Germany
Germany is the largest outbound market in Europe with 87.4 million trips taken in 2016 which will steadily rise to 94.7 million in 2021 . Leisure remains the most important segment, while business trips are in decline due to Germany companies cutting travel budgets. Outbound spending is expected to continue to grow to US$150.3 million in 2021
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Sector Analysis
The Global Low-Cost Airline Market to 2020
In terms of seat capacity, the global low cost carrier (LCC) industry is expanding. According to the International Air Transport Association (IATA), LCCs hold 26% share in Asia-Pacific, 54% in Southeast Asia, and 26% globally. More than 12 airlines started operating in Asia-Pacific during the period 2005–2015. The fast growth in Asia-Pacific can be attributed to the fact that it has some of the fastest-growing economies including China and India
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Sector Analysis
Source Market Insights: France
Canadean’s report – “Source Market Insights: France” provides detailed information on the French outbound tourism sector, analyzing market data and providing insights. This report provides a better understanding of tourism flows, expenditure, and the airline, hotel, car rental, and travel intermediaries industries. What else does this report offer - Detailed market analysis, information, and insights, including: - Historic and forecast tourist volumes and values covering France’s outbound tourism sector - Detailed analysis of tourist spending patterns for various categories in...
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Sector Analysis
The Global Full-Service Airline Market To 2020
Although full service carriers (FSCs) have been facing severe competition from low-cost carriers across the globe, China, one of the most important airline markets in the world, is still largely dominated by FSCs. In 2015, FSCs accounted for 92% of the total seats sold in China
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Sector Analysis
The Global Luxury Hotels Market To 2020
The global luxury hotel market continued to expand in 2015, supported by growing tourism and a rise in affluent leisure and business travelers. Rising disposable incomes in areas China and India, the presence of rich corporate culture, and a growth in the number of international events are expected to drive the growth in future. China is the largest market for luxury hotels with room supply of 337,212 in 2015, followed by the US and Mexico, while Saudi Arabia was the...
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Consumer Insights
Travel and Tourism Industry Business Outlook and Procurement Report November 2016-April 2017
Canadean’s Travel and Tourism Industry Business Outlook and Procurement Report examines executives’ opinion on the business outlook and procurement activities during November 2016-April 2017. Organizations can know about key business priorities, supplier price variations, changes in capital expenditure, mergers and acquisitions within the global travel and tourism industry, and organizations perspective towards e-procurement.
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Sector Analysis
Destination Market Insights: Cuba
The lifting of travel restrictions for Americans in the coming years will change Cuba’s tourism industry. The island will almost double its number of international visitors in the next five years, surpassing 6 million international visitors in 2020, while inbound expenditure will also double in size and will reach US$5.9 billion in 2020. Cuba’s hotel shortage is a main concern for the island as the number of international arrivals will grow rapidly in the coming years. There were 57,000 hotel...
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