Euromonitor International
- Item successfully added to cart!
  
  Your cart is empty
  
  Check Out View Cart

Strategy Briefing

Forecast Revisit for the Global Travel and Tourism Industry

69 pages, Mar 2013

US$1,200

Add to cart Pay by invoice

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

About This Report

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

The travel industry confirmed its vitality in 2012, recording 4% growth in terms of international arrivals. Growth is expected to continue in the next five years and beyond, driven by the growing desire to explore the world among consumers across the globe, as well as by the rise of the middle and affluent classes in the emerging economies. The fastest growing categories include online travel, low cost carriers, medical tourism, shopping tourism, rail transport and private accommodation.

Files are delivered directly into your account within a few minutes of purchase.

Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

World tourism confirms its vitality

World tourism flows achieved another positive performance in 2012, growing by 4% and surpassing one billion tourist arrivals during the year. Emerging markets once again generated the most growth, however, tourist arrivals performed well also in advanced economies.

Steady growth to continue

The tourism industry is forecast to maintain its vitality in the next five years and beyond, benefiting from a growing desire to explore the world among consumers across the globe as well as from the rise of middle and affluent classes in the emerging economies.

A multi-channel model for hotel distribution

The hotel sector benefited in 2012 from the growth in international arrivals, as well as in domestic tourism in countries such as China, Brazil and India. A growing trend in this sector is the emergence of a multi-channel model where the mobile channel and meta-search engines play an important role.

Gulf airlines and LCCs drive air transport growth

Air transport saw healthy 5% growth in 2012 in terms of passengers, with the Middle East achieving the highest increase. The Big Three Gulf airlines drove traffic growth in the region and achieved the best performance among world airlines. Low cost carriers continued to be the most successful category.

Online channel to expand globally

Online travel continued its rise in 2012, at the expense of traditional distribution channels. Advanced economies still accounted for the vast majority of online travel sales, but emerging markets are expected to play a major role in this sector within five years.

Shopping and medical tourism grow fast

Online travel and low cost carriers are the most significant success stories among travel consumers, and will continue to achieve strong performances in the next five years. Other rising consumer trends include medical tourism, shopping tourism, mobile travel, rail transport and private accommodation.

Want to find out more about this report?

Request more information

Introduction

Scope

Key findings

Global Overview

The world in 2013: A polarised performance

What lies ahead ?

Tourism Performance

Arrivals and spending: Tourism shows vitality

Regional arrivals: Asia Pacific to lead

Outbound tourism flows: Everyone is chasing the BRICs

The million+ departure club

Business travel: Back on the road

Consumer Trends

Growth categories to watch

Shopping tourism: Driven by the BRICs

The SoLoMo trend: Reshaping consumers in the travel industry

Luxury travel: From status symbol to experiential travel

Sustainable tourism: The rise in social responsibility

Regional Focus

Russia: Inbound tourism still to develop its potential

Russia: Issues hampering inbound tourism growth

Russia: Outbound travellers exploring new destinations

Russia: Robust performance for online travel

Russia: The rise of the middle classes

Russia: Changing population demographics

China: International arrivals to continue to rise

China: Outbound trips seeing double-digit growth

China: Luxury and budget hotels gain ground

China: Internet giant

China: Social changes deeply affect consumption

China: Key factors influencing long haul travel

Brazil: Inbound tourism taking off

Brazil: Where are Brazilians travelling to?

Brazil: Hotel openings boom

Brazil: World Cup and Olympic Games effect

Brazil: Increasingly sophisticated consumers

Brazil: Rising importance of social media

Middle East: Tourism decline in the region, growth in the UAE

Middle East: Continued unrest lingering

Middle East: Big Three flying high and opening up new markets

Middle East: UAE hotels benefit from MICE and medical tourism

Middle East: Luxury remains a major focus for the UAE

Middle East: UAE records highest average incomes in the region

Italy: Traditional markets still key, emerging markets growing

Italy: International arrivals to continue to rise

Italy: Drop in domestic trips, international departures stable

Italy: Decline in consumer confidence and expenditure

Italy: Low cost carriers the winning model in Europe

Italy: Shift to the online channel

India: Strong inbound tourism growth in 2012

India: Budget hotels gain ground

Regional focus

India: Steady growth forecast for air transportation

India: The importance of the Indian diaspora to travel

India: Tourism niches growing

United Kingdom: Building on 2012’s stability

United Kingdom: Outbound travel remains steady

United Kingdom: Domestic trips stagnant

United Kingdom: Consumer passion for food

United Kingdom: The smartphone nation

Report Definitions

Data parameters and report definitions

Category definitions

Why buy this report?

Want to find out more about this report?

Request more information

Megatrends

Strategy Briefing

Forecast Revisit for the Global Travel and Tourism Industry

New Report Guarantee

About This Report

New Report Guarantee

Overview

Why buy this report?

World tourism confirms its vitality

Steady growth to continue

A multi-channel model for hotel distribution

Gulf airlines and LCCs drive air transport growth

Online channel to expand globally

Shopping and medical tourism grow fast

Want to find out more about this report?

Table of Contents

Introduction

Scope

Key findings

Global Overview

The world in 2013: A polarised performance

What lies ahead ?

Tourism Performance

Arrivals and spending: Tourism shows vitality

Regional arrivals: Asia Pacific to lead

Outbound tourism flows: Everyone is chasing the BRICs

The million+ departure club

Business travel: Back on the road

Categories

Hotels: Embracing technology and innovation

Hotels: Strong pipeline for leading brands

Air transport: Middle East leads growth

Air transport: Low cost carriers’ success story continues

categories

Online travel: Emerging markets catching up

Online travel: A fast changing environment

Consumer Trends

Growth categories to watch

Shopping tourism: Driven by the BRICs

The SoLoMo trend: Reshaping consumers in the travel industry

Luxury travel: From status symbol to experiential travel

Sustainable tourism: The rise in social responsibility

Regional Focus

Russia: Inbound tourism still to develop its potential

Russia: Issues hampering inbound tourism growth

Russia: Outbound travellers exploring new destinations

Russia: Robust performance for online travel

Russia: The rise of the middle classes

Russia: Changing population demographics

China: International arrivals to continue to rise

China: Outbound trips seeing double-digit growth

China: Luxury and budget hotels gain ground

China: Internet giant

China: Social changes deeply affect consumption

China: Key factors influencing long haul travel

Brazil: Inbound tourism taking off

Brazil: Where are Brazilians travelling to?

Brazil: Hotel openings boom

Brazil: World Cup and Olympic Games effect

Brazil: Increasingly sophisticated consumers

Brazil: Rising importance of social media

Middle East: Tourism decline in the region, growth in the UAE

Middle East: Continued unrest lingering

Middle East: Big Three flying high and opening up new markets

Middle East: UAE hotels benefit from MICE and medical tourism

Middle East: Luxury remains a major focus for the UAE

Middle East: UAE records highest average incomes in the region

Italy: Traditional markets still key, emerging markets growing

Italy: International arrivals to continue to rise

Italy: Drop in domestic trips, international departures stable

Italy: Decline in consumer confidence and expenditure

Italy: Low cost carriers the winning model in Europe

Italy: Shift to the online channel

India: Strong inbound tourism growth in 2012

India: Budget hotels gain ground

Regional focus

India: Steady growth forecast for air transportation

India: The importance of the Indian diaspora to travel

India: Tourism niches growing

United Kingdom: Building on 2012’s stability