Industry Analysis & Industry Trends
After the recession left the industry struggling, revenue will rebound in the next five years due to many positive changes. Tourism will particularly benefit from the economy improving, unemployment rates declining and consumer spending increasing. The number of inbound visits to the United States will rise significantly, especially from East Asia and South America. Also significant will be the continued shift away from brick-and-mortar tourism providers toward online operators... purchase to read more
Industry Report - Starting a New Business Chapter
The economies of scale within the industry illustrate the level of dominance by key players in an industry. This may, however, only be relevant to major players seeking to enter a particular segment. There are usually many niche openings for smaller players. Overall, the Tourism Industry has a low level of concentration, with the top four players expected to account for under 10.0% of the available market share in 2012. However, the economies of scale vary between industry segments, particularly for the internationally linked, major operators in the Hotel Accommodation industry, and combined domestic and international airline service operators... purchase to read more