Country Report

Online Travel Sales to Country Residents in

Online Travel Sales To Residents in Mexico

Sep 2017

US$990

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Executive Summary

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TRENDS

Online travel sales to residents increased by 12% in 2017, slightly less overall than the previous year as a result of the inclusion of more offline payment options. According to CNBV 92% of the adult population prefer to use cash, leading online players of different industries to include offline payment methods in order to be attractive for more consumers. Online intermediaries of the tourism industry agree that by allowing people to pay at convenience stores, even with deferred payments, sales increase and encourage people to continue travelling. Car rental direct online sales to residents saw faster growth of 12% in 2017 than it did in 2016, which can be explained by the small base of sales it had over the review period and the good results it saw with the increase of tourist flows in 2017. Despite the slowdown, online travel sales continue to gain ground against offline sales due to the constant strong efforts and all alternatives offer by online players.

PROSPECTS

Online travel sales to residents in Mexico is expected to increase at a CAGR of 8% at constant value 2017 prices to reach MXN185.8 billion by 2022 as more people are trying e-commerce and are attracted to the online-only promotions of travel competitors. The estimated increase of internet penetration each year benefits direct sellers and intermediaries to reach to new users and increase their sales.

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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.

Euromonitor International has a strong international reputation in the travel industry thanks to Passport’s extensive coverage, a growing client base and our work with key global bodies such as the United Nations World Tourism Organisation (UNWTO), World Travel Market (WTM) and World Travel and Tourism Council (WTTC).

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

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Discover the latest market trends and uncover sources of future market growth for the Online Travel Sales to Country Residents industry in Mexico 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 Online Travel Sales to Country Residents industry in Mexico, our research will save you time and money while empowering you to make informed, profitable decisions.

The Online Travel Sales to Country Residents in Mexico 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 share, market trends, 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 Online Travel Sales to Country Residents in Mexico?
What are the major brands in Mexico?

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

This industry report originates from Passport, our Travel And Tourism market research database.

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Online Travel Sales To Residents in Mexico

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