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Country Report

Intermediaries in

Intermediaries in the Czech Republic

14 pages, Nov 2017

US$990

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Executive Summary

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TRENDS

Intermediaries posted 3% current value growth during 2017. This was similar to the CAGR of 2% seen at current prices over the review period, but was slower than the growth in the number of domestic and outbound trips. Consumers are shifting towards online intermediaries, which saw 11% growth in value sales in 2017, and replaced some sales via traditional offline intermediaries, which are represented mainly by travel agencies and tour operators. Offline value sales of intermediaries declined by 1% in 2017. Consumers prefer greater freedom of choice, and packaged holidays from tour operators do not fulfil their requirements. This is mainly true for younger people and couples. Older consumers or families still find benefits in using the services of tour operators.

PROSPECTS

Different categories in booking are expected to post varying performances over the forecast period. Intermediaries other transport is predicted to post a value CAGR of 4% at constant 2017 prices in the forecast period, mainly thanks to the expansion of cheap bus and train routes from the Czech Republic abroad, which started in 2017. Lodging sales are expected to be fuelled by the growing number of domestic trips and arrivals, which will result in a value CAGR of 3% at constant 2017 prices. The worst performance is expected to be seen by intermediaries other sales, with a negative value CAGR of 4% at constant 2017 prices, mainly through the reallocation of these products into other channels, such bundled into packages. Intermediaries package holidays is predicted to see a negative value CAGR of 3% at constant 2017 prices in the forecast period, mainly due to the growing popularity of independent travel.

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Overview

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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.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Intermediaries industry in Czech Republic with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Intermediaries industry in Czech Republic, our research will save you time and money while empowering you to make informed, profitable decisions.

The Intermediaries in Czech Republic market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Intermediaries in Czech Republic?
What are the major brands in Czech Republic?
Is there movement away from accommodation only and flight only to package holidays?
Are value added segments like spa packages and cruise performing well?
Is online travel retail outpacing offline sales?

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

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