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The travel & tourism industry is one of most vibrant industries. Its growth is primarily supported by integration of technology and travel services. Our reports analyze the market dynamics and help to identify the potential target consumers. In addition, it evaluates important factors, such as performance of key market players, trends, and market size & share.
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The global travel retail market is expected to reach $153.7 billion by 2025, registering a CAGR of 9.6% during the forecast period. Substantial development of the travel & tourism sector, including medical tourism, fosters the demand for travel retail services.
The global low cost airlines market was valued at $117,726 million in 2016, and is projected to reach $207,816 million in 2023, registering a CAGR of 8.6% from 2017 to 2023. The development of the travel & tourism sector fosters the growth of the low cost airlines market.
The Global Adventure Tourism Market was valued at $444,850 million in 2016, and is projected to reach $1,335,738 million in 2023, registering a CAGR of 17.4 % from 2017 to 2023. The development of the travel & tourism sector fosters the growth for adventure tourism market.
The Business Travel Market size is expected to reach $1,657 billion by 2023, registering a CAGR of 4.1% during the forecast period. Substantial development of the travel & tourism sector has fostered the demand for business travel.
Beach Hotels Market size was estimated to be $163,296 million in 2016, and is projected to reach $201,359 million in 2023, growing at a CAGR of 3.2%. The substantial boom in the travel and tourism sector fosters the demand for hotel industry and substantially beach hotels market.
Luxury hotels provide travelers and tourists with high-end lodging experience including facilities such as discreet check-in & check-out, heated & fresh water swimming pool (private swimming pools offered by many hotels), spa, fitness area, and others (including customized services) that ...
The Online Travel Market is estimated to garner $1,091 billion by 2022, registering a CAGR of 11.1% during the forecast period 2016“2022. Online travel providers aim to ease travel planning and bookings for travelers. The online travel market is driven ...
Global luxury travel market is expected to garner $1,154 billion by 2022, registering a CAGR of 6.4% during the forecast period 2016-2022. Luxury travel market epitomizes most desirable destinations, luxurious accommodations, convenient transport facilities, and authentic travel experience. Luxury travel aims in giving exotic experience to its travelers.
Increasing connectivity facilitated by online social network platforms allows people to share access to their houses, rooms, products, and services for a fee or other compensation.
Travelling to places and facilities, such as hospitals, clinics, wellness SPAs, fitness centers, and wellness resorts to enrich the mental as well as physical health is a part of the lifestyle of the people, now-a-days. This shift in choice refers ...
Floating hotels are built on riverside areas and have gained traction over the past few years globally. These hotels are constructed on columns that are raised from water bed and are similar to other traditional hotels, with all the amenities included. The floating hotels attract numerous travelers and are significantly preferred by newly-wed couples for their honeymoon destination.
Capsule hotel is a small box type hotel, which was first introduced in Japan in 1979. Capsule hotels are designed to provide affordable and inexpensive accommodation to customers who are expected to avail basic overnight accommodation and do not require ...
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