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Global Tourism: Market Research Report

Global Market Research • Global Market Size • Industry Statistics • Industry Analysis • Industry Trends

Global Tourism Market Research Report | May 2015

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Tourism global market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies globally and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Forecast
Revenue
$2tr
Annual Growth 10-15
6.6%
Annual Growth 15-20
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Profit
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Employment ('000)
58,832
Businesses
1,722,905
Industry Analysis & Industry Trends

The Global Tourism industry is undergoing rapid recovery following a difficult period during the recession. International tourist arrivals continue to grow as global per capita income increases and consumer sentiment improves. Over the past five years, tourists going emerging economies, particularly counties in Asia and South America, have driven the industry's growth. Emerging economies now account for a much larger share of the tourism industry compared with a decade ago... read more

Industry Products

International tourist expenditure varies according to whether the trip is to a short or long-haul destination, its purpose, the size and composition of the travel party and the length of stay.

Traveler accommodation

Spending on accommodation is the industry's biggest source of revenue. This component can be segmented in a number of ways, including by star rating or by accommodation style (hotels, resorts, serviced apartments, guesthouses and bed and breakfasts). Visitors tend to demand different accommodation depending on the purpose of their trip, the length of their stay, their budget and size of their travel party... read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Global Tourism Industry?

This report catalogues the short-term movement of international tourists across national borders for any purpose, including leisure, business, conference or seminar and visiting friends and relatives. In most cases the data represents travel across borders, with at least one night's stay in a foreign country. However, in some countries same-day trips across international borders are still counted as international trips.

Industry Products
Traveler accommodationsAir transportation Travel arrangement and reservationsFood and beverage establishmentsOther transport, including car rentalGasolineRecreation and entertainmentOther retail activities
 
Industry Activities
Traveler accommodation servicesAirline operationProviding hospitality services to international touristsAutomotive rentalTravel agent and tour arrangement services


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