Country Report

Online Travel Sales to Country Residents in

Online Travel Sales To Residents in Saudi Arabia

13 pages, Sep 2017

US$990

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Executive Summary

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TRENDS

Online travel sales to residents grew by a strong 14% in 2017 – faster than offline sales. Internet penetration is relatively high and growing in Saudi Arabia and the population is becoming more used to the idea of making purchases online, especially as this channel offers time and money savings. The category is also being boosted by company activities, with lodging players, airlines and intermediaries shifting their focus to the online channel, as it helps them reduce costs and allows them to reach consumers directly, thus enabling them to customise packages to customers’ needs. Airlines direct online sales to residents grew in 2017, with current value sales rising by 17%. As the travel industry is recovering from 2016’s slow economic growth within the Kingdom, along with changing lifestyles leading more consumers to prefer low-cost carriers over scheduled airlines for domestic trips, significant growth in airlines direct online sales to residents is anticipated over the forecast period.

PROSPECTS

Over the forecast period, online travel sales to residents is expected to yield a value CAGR of 8% at constant 2017 prices, and reach SAR22.0 billion in 2022. Mobile travel sales to residents is set to perform even better, with a value CAGR of 28% at constant 2017 prices being predicted, which would take sales to SAR5.9 billion in 2022.

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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.

Overview:

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

The Online Travel Sales to Country Residents in Saudi Arabia 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 Saudi Arabia?
What are the major brands in Saudi Arabia?

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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