Trends in Tourism – Report Bundle (5 Reports)

Pages: 175 Published: October 27, 2022 Report Code: GDTTB003

‘With travelers desiring new experiences, the travel sector is constantly transforming. After the pandemic, the sector is now faced with big challenges. With the rise of tourism trends, industry suppliers are to revamp their businesses and experiences as we get into the new normal.’

As a part of this bundle, you will gain access to in-depth insights available in the following reports:

Report 1: Thematic Research: Low-Cost Evolution

Travel apps have been heavily adopted by tourism-related organizations operating in the low-cost market. Low-cost companies that are not developing and investing in app technology stand to become laggards within their respective sectors. Apps shape travelers’ spending habits by sending push notifications regarding last-minute deals while allowing for personalization. Internally, apps reduce overheads by instantly solving customer queries with ‘frequently asked questions’ sections and allowing companies to create a competitive edge. Many major low-cost transportation and lodging suppliers in the tourism industry continuously generate big data for their dynamic pricing strategies. Pricing within the travel industry is constantly evolving to match the needs of consumers and what they are willing to pay for products and services at different times of the year. Pricing can be adjusted by customer booking patterns, competitor prices, and even macroeconomic and geopolitical factors. For example, in February 2022, Frontier Group Holdings, a company engaged in providing low-cost airline services, agreed to merge with Spirit Airlines, an ultra-low-cost carrier, bound to satisfy customary closing conditions.

Transportation, Lodging, and Intermediaries Sectors Driving the Low-Cost Evolution

Transportation, Lodging, and Intermediaries Sectors Driving the Low-Cost Evolution

Report 2: Thematic Research: Premiumization in Travel & Tourism

It has been well established that the pandemic has transformed many travelers into high-net-worth individuals. This trend will benefit the luxury tourism market while increasing the importance of premiumization and customized travel experiences for more travelers that can now afford to indulge in luxury products and services. Smart cities and destinations will help to create hyper-personalized services and products. The advanced technologies involved in a smart destination work together to gain a deep understanding of travelers’ needs, while optimizing experiences based on their preferences. Growth in the smart cities market will help to enhance personalization even further. For example, high-yielding travelers have flocked to Eastern Uruguay’s coastline in recent years. Beach towns such as José Ignacio, Manantiales, or Miamesque Punta del Este welcome tourists looking for exclusivity. The contribution to economic growth that high-net-worth travelers can provide makes them highly sought after. Affluent travelers can boost local economies while also helping to reduce the risk of overtourism. Popular destinations have realized this and are now placing a greater focus on high-value travelers.

Premiumization in Travel & Tourism

Report 3: Thematic Research: Niche Tourism

Niche tourism is now recognized across the entire industry, with many companies looking to differentiate their brand from others. Niche tourists are constantly searching for engaging and unique experiences that match their interests. In recent years, mainstream holiday providers have identified niche tourism as a potential growth area and, subsequently, niche tourism is no longer confined to small independent companies. Many large conglomerates such as Expedia, TUI, and Booking Holdings have globalized the niche tourism industry through mergers and acquisitions and brand extensions. Over the past 20 years, the industry has seen three disruptors that have changed consumer behavior for good. These developments have led to the rise of online travel aggregators (OTAs), price comparison sites, and travel review sites (such as TripAdvisor), changing the way consumers shop for tourism products. The online travel boom has made holidays more widely available across various suppliers. Hence, many travelers are no longer loyal to a single brand. For this reason, many tourism companies need to find ways to differentiate themselves from one another, resulting in the generation of niche tourism. It enables the tourism company to target a specific market segment and cater to its particular demands and needs.

Report 4: Thematic Research: Airlines Sector Scorecard

The airline industry has become competitive and is expected to become more competitive in a post-COVID world with consolidation expected to occur. Big data has been and will continue to be important for the airline sector. Airlines will seek to leverage data insight to cross-sell additional services as some seek to become total travel providers. As COVID-19 has decimated revenue, these small wins and integrations could create large returns for carriers. Among them, cloud computing will continue to support the transition from an industry operating slow legacy systems into an efficient one. Also, 5G has the potential to allow airlines to save on maintenance costs by supporting proactive maintenance. IoT devices are currently in use on many aircraft to constantly monitor software and predict maintenance. 5G networks will also allow for the quicker processing of this information, reducing costs by planning proactive maintenance.

Report 5: Thematic Research: Terrorism & Conflict

There is very little that travel and tourism companies can do to prepare for the threat of terrorism & conflict other than increasing security. Terrorist attacks often occur with no prior warning and they can have severe consequences for a destination. With global conflicts on the rise, it is often easier to spot the warning signs and put measures in place to reduce the impact than to face the consequences later. Companies have to ensure the safety of their customers is of paramount importance and steps are taken to reduce the possibility of a safety breach. Unfortunately, terrorism & conflict will continue to occur, and some companies may be forced to suspend operations and withdraw from certain markets. Extremists will continue to exploit densely populated areas, which unfortunately means transport terminals, stadiums, hotels, and shopping malls among others. That is why robots are now being increasingly utilized to help organizations and governments act proactively against terrorism threats to ease traveler concerns. Airport security robots are increasingly being deployed across the globe. Powered by artificial intelligence, they can detect threats with the help of embedded facial recognition technology, which could prevent disastrous events from unfolding for both domestic and international travelers.

Key Players

Report 1: Thematic Research: Low-Cost Evolution (2022)




  • Accor

  • Airbnb

  • Booking Holdings

  • Carnival Corporation

  • easyJet

  • Expedia Group

  • Lyft

  • Best Western

  • BlaBlaCar

  • Citymax Hotels

  • Flixbus

  • Motel 6 


Report 2: Thematic Research: Premiumization in Travel & Tourism (2022)




  • Burj Khalifa (Emaar Properties)

  • Cathay Pacific Airlines

  • Crystal Cruises (Genting Hong Kong)

  • Galeries Lafayette

  • Las Vegas Sands

  • Black Tomato

  • Flexjet

  • Kempinski

  • Mohegan Gaming & Entertainment

  • Nobu Hotels 


Report 3: Thematic Research: Niche Tourism (2022)




  • Airbnb

  • Booking Holdings

  • Carnival Corporation

  • Expedia Group

  • Hilton

  • Norwegian Cruise Line

  • Royal Caribbean

  • Intrepid Travel

  • Hays Travel

  • Responsible Travel

  • G Adventures 


Report 4: Thematic Research: Airlines Sector Scorecard 2021




  • Ryanair Holdings

  • easyJet

  • Wizz Air 


Report 5: Thematic Research: Terrorism & Conflict (2021)




  • Accor Hotels

  • Airbnb

  • Carnival

  • TUI

  • Camps International

  • Emirates Airline

  • Koryo Tours

  • Young Pioneer Tours

  • Projects Abroad

  • G Adventures

  • Indian Hotels Company Limited


Table of Contents

Thematic Research: Low Cost Evolution 

Executive Summary – Brief overview of the Low Cost Evolution theme

Players – List of leaders and business challenges across the Low Cost Evolution value chain

Theme Briefing – Comprehension of low-cost alternatives in travel and tourism industry and its impact

  • Trends contributing to Low Cost Evolution
  • Strategic trends in tackling Low Cost Evolution 

Trends Main trends shaping the Low Cost Evolution theme and its effect on environment, economy, and society

  • Technology trends
  • Regulatory trends
  • Macroeconomic trends
  • Industry trends

 Industry Analysis – Low Cost Evolution market-related data and insights

  • Distribution of budget travelers
  • Hotel insights
  • Air transportation insights
  • Case studies
  • Mergers and acquisitions
  • Timeline 

Value Chain – Detailed information on GlobalData defined Lo Cost Evolution value chain

  • Lodging suppliers
  • Transportation suppliers
  • Intermediate suppliers 

Companies – List of leading companies and their competitive positions in the Low Cost Evolution theme    

  • Companies contributing to Low Cost Evolution
  • Companies combatting Low Cost Evolution 

Sector scorecards – GlobalData’s scorecards highlighting the impact of the Low Cost Evolution theme on various sectors

  • Airlines sector scorecard 

Glossary 

Further Reading 

| Our thematic research methodology 

| About GlobalData 

| Contact Us 

Thematic Research: Premiumization in Travel & Tourism (2022)

Executive Summary – Brief overview of the Premiumization in Travel & Tourism theme

Players – List of leaders and business challenges across the Premiumization in Travel & Tourism value chain

Theme Briefing – Comprehension of Premiumization in Travel & Tourism, its products, and services

Trends – Main trends shaping the Premiumization in Travel & Tourism theme

  • Technology trends
  • Macroeconomic trends
  • Industry trends 

Industry Analysis – Market-related data and insights within the Premiumization in Travel & Tourism theme

  • Distribution of wealth
  • Tourism expenditure
  • Lodging
  • Use cases
  • Mergers and acquisitions
  • Timeline 

Value Chain – Detailed information on GlobalData defined Premiumization in Travel & Tourism value chain

  • Third party suppliers
  • Direct suppliers
  • Ancillary suppliers 

Companies – List of leading companies and their competitive positions in the Premiumization in Travel & Tourism theme  

  • Public companies
  • Private companies 

Glossary 

Further Reading 

| Our thematic research methodology 

| About GlobalData 

| Contact Us 

Thematic Research: Niche Tourism (2022) 

Executive Summary – Brief overview of the Niche Tourism theme

Players – List of leaders and business challenges across the Niche Tourism value chain

Theme Briefing – Comprehension of Niche Tourism and its impact on major developments for the travel sector

Trends – Main trends shaping the Niche Tourism theme

  • Consumer trends
  • Enterprise trends
  • Industry trends 

Industry Analysis – Market-related data and insights within the Niche Tourism theme

  • Holidays are becoming more varied
  • Case studies
  • Impacts of niche tourism
  • Recommendations
  • Mergers and acquisitions
  • Timeline 

Value Chain – Detailed information on GlobalData defined Niche Tourism value chain

  • Third-party suppliers
  • Direct suppliers
  • Ancillary suppliers

Companies – List of leading companies and their competitive positions in the Niche Tourism theme    

  • Public companies
  • Private companies 

Glossary 

Further Reading 

| Our thematic research methodology 

| About GlobalData 

| Contact Us 

Thematic Research: Airlines Sector Scorecard 2021 

Executive Summary – Brief overview of the Airlines Sector theme

Introduction – A comprehensive outlook for the key players in the Airlines Sector

  • Theme map 

Sector Performances – A detailed performance of the Airline Sector over the last few years

Themes – Themes impacting the Airlines Sector

Sector scorecard: Airlines – GlobalData’s scorecards highlighting both low-cost and full-service carriers within the Airlines Sector

  • Airlines sector scorecard 

| Our thematic research methodology 

| About GlobalData 

| Contact Us 

Thematic Research: Terrorism and Conflict 

Executive Summary – Brief overview of the Terrorism and Conflict theme

Players – List of leaders and business challenges across the Terrorism and Conflict value chain

Theme Briefing – Comprehension of Terrorism and Conflict and its detrimental impact on destinations worldwide 

Trends – Main trends impacting the Terrorism and Conflict theme

  • Trends contributing to terrorism & conflict
  • Negative destination trends as a result of terrorism & conflict
  • Unintended opportunities as a result of terrorism & conflict
  • Niche tourism trends as a result of terrorism & conflict 

Industry Analysis – Market-related data and insights within the Terrorism and Conflict theme

  • Case studies
  • Timeline 

Impact on travel & tourism – Impact of Terrorism and Conflict on tourism

  • Recommendations for the travel and tourism sector

Companies – List of leading companies and their competitive positions in the Terrorism and Conflict theme

  • Public companies
  • Private companies

Glossary 

Further Reading 

| Our thematic research methodology 

| About GlobalData 

| Contact Us

Frequently Asked Questions

Pricing can be adjusted in the low-cost evolution theme within the tourism sector by customer booking patterns, competitor prices, and even macroeconomic and geopolitical factors.

Affluent travelers can boost local economies while also helping to reduce the risk of overtourism.

The rise of online travel aggregators (OTAs), price comparison sites, and travel review sites (such as TripAdvisor) has changed the way consumers shop for tourism products.

Technologies like big data, 5G, and IoT are some of the recent technological advancements that are being integrated into the airline sector to make it more competitive.

Powered by artificial intelligence, robots installed at airports, can detect threats with the help of embedded facial recognition technology, which could prevent disastrous events from unfolding.

5-in-1 Value Bundle - Save over 29% on full price
$2,950 $4,175 (29% off)

Can be used by individual purchaser only

$5,950 $8,475 (30% off)

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Get in touch to find out about our multi-purchase discounts

reportstore@globaldata.com
Tel +44 (0) 20 7947 2960

Every customer’s requirement is unique. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report.

Still undecided about purchasing this report?

Enquire Before Buying

Testimonial

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods
Travel and Tourism
New
Car Rental Market Size, Share, Trends and Analysis by Customer…
$3,950 | March 2023
Travel and Tourism
New
Niche Tourism - Thematic Intelligence
$995 | March 2023