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Travel and Tourism Industry Business Outlook and Procurement Report November 2016-April 2017

Summary Canadean’s Travel and Tourism Industry Business Outlook and Procurement Report examines executives’ opinion on the business outlook and procurement activities during November 2016-April 2017. Organizations can know about key business priorities, supplier price variations, changes in capital expenditure, mergers and acquisitions within the global travel and tourism industry, and organizations perspective towards e-procurement. Key Findings China, India, and Russia will offer the most growth prospects for the travel and tourism industry over the next six months The highest percentage... 

The Global Full-Service Airline Market To 2020

Summary Although full service carriers (FSCs) have been facing severe competition from low-cost carriers across the globe, China, one of the most important airline markets in the world, is still largely dominated by FSCs. In 2015, FSCs accounted for 92% of the total seats sold in China Key Findings The US was the largest market for full service airlines in terms of seats sold and revenues in 2015, followed by China. Mexico recorded the highest load factor of 89.9% in 2015. During the historic period (2011-2015), Peru led the race in terms of seats sold at a CAGR of 13.3% while New Zealand recorded... 

Source Market Insights: France

Summary Canadean’s report – “Source Market Insights: France” provides detailed information on the French outbound tourism sector, analyzing market data and providing insights. This report provides a better understanding of tourism flows, expenditure, and the airline, hotel, car rental, and travel intermediaries industries. What else does this report offer? – Detailed market analysis, information, and insights, including: – Historic and forecast tourist volumes and values covering France’s outbound tourism sector – Detailed analysis of tourist spending... 

The Global Luxury Hotels Market To 2020

Summary The global luxury hotel market continued to expand in 2015, supported by growing tourism and a rise in affluent leisure and business travelers. Rising disposable incomes in areas China and India, the presence of rich corporate culture, and a growth in the number of international events are expected to drive the growth in future. China is the largest market for luxury hotels with room supply of 337,212 in 2015, followed by the US and Mexico, while Saudi Arabia was the fastest growing market at a CAGR of 12.5%. With the exception of Turkey, no European countries made into top-10 list in 2015.... 

Source Market Insights: Germany

Summary Germany is the largest outbound market in Europe with 87.4 million trips taken in 2016 which will steadily rise to 94.7 million in 2021 . Leisure remains the most important segment, while business trips are in decline due to Germany companies cutting travel budgets. Outbound spending is expected to continue to grow to US$150.3 million in 2021 Key Findings Germany’s largest outbound group are the baby boomers with a 20.3% share. Although online booking is the most common option, the older age group prefers traditional booking methods such as the high street travel agent and they spend... 

The Global Low-Cost Airline Market to 2020

Summary In terms of seat capacity, the global low cost carrier (LCC) industry is expanding. According to the International Air Transport Association (IATA), LCCs hold 26% share in Asia-Pacific, 54% in Southeast Asia, and 26% globally. More than 12 airlines started operating in Asia-Pacific during the period 2005-2015. The fast growth in Asia-Pacific can be attributed to the fact that it has some of the fastest-growing economies including China and India Key Findings The US is the largest market in the world in terms of revenues and seats sold. In 2015, its revenues stood at US$31.6 billion and... 

Travel and Tourism in Greece to 2021

Summary Strong growth was achieved in Greece’s inbound tourism in 2014 and 2015 with an increase of 24.4% and 7.4% respectively, as the Euro depreciated against the currencies of key source markets such as the UK and US. Moreover, expenditure also showed strong growth of 8.2% in 2015. Trips totaled 5.8 million while expenditure was valued at ?8.3 billion (US$9.2 billion) in 2015. Due to the shrinking economy, outbound trips growth slowed to 2.8% in 2015, with 776,470 trips. Key Findings Realizing the importance of Chinese tourists, Greece is aiming to establish direct air connections with... 

Travel and Tourism in Costa Rica to 2021

Summary Costa Rica’s travel and tourism sector saw another year of good growth in 2015. This was largely driven by the continued growth from its largest source market, the US. International arrivals rose by 5.3% in 2015, totaling 2.7 million. Most international travel is by air and the launch of new routes by airlines such as British Airways also supported growth. Key Findings China was the fastest growing source market of Costa Rica in 2015 with an increase of 29% over the previous year. Chinese tourists largely visit the country in their spring festival holidays, marking the start of Lunar... 

Travel and Tourism in Ireland to 2021

Summary The tourism sector in Ireland performed well during 2015. Inbound tourism registered strong growth due to factors including the strong economic performance of key source markets such as Germany and the weaker Euro against the pound and Dollar contributing to increasing arrivals from the US and the UK. Moreover, improved air services to Ireland from the major source markets such as the US along with the branding initiatives of Fáilte Ireland such as Dublin – a Breath of Fresh Air also contributed to the growth. Key Findings Trips by Irish residents to the UK, the leading destination... 

Source Market Insights: Australia

Summary Australia is a growing and affluent market with over 10 million taking outbound trips in 2016, an increase of 6.5% in just one year. As a country with a healthy GDP growth rate of 3.3%, this outbound market is set to remain consistent in its travel habits. Consequently Canadean expects Australians to make 12.1 million trips by 2021. Key Findings – As a nation of immigrants, Australians usually have friends and relatives scattered around the world and their travel plans often include this factor. – This is reflected in outbound VFR trips which increased by over 2.5% in 2016,... 
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