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Travel Agencies in Canada - Industry Market Research Report

  • ID: 4062283
  • Report
  • Region: Canada
  • 35 pages
  • IBISWorld
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Staying home: Traditional travel agents have struggled due to the popularity of internet-based travel sites

FEATURED COMPANIES

  • Booking Holdings Inc.
  • Expedia Group Inc.
  • MORE

Travel Agencies in Canada

The Travel Agencies industry in Canada has struggled over the five years to 2019 as the traditional core services of the industry have been negated by the rise of internet travel booking. The industry has been tipped on its head as consumers have increasingly flocked to online travel websites to research and book travel. While the number of brick-and-mortar establishments has increased slightly alongside overall international travel during the period, brick-and-mortar travel agents have been forced to reinvent themselves to remain relevant as online booking engines have expanded their role. Growth in per capita income and declining unemployment over the five years to 2024 is expected to fail to contribute any substantial boost for the industry's revenue or profit. This will likely be due to many consumers used to making their own travel reservations, and this is anticipated to be aided by improved internet interfaces and seamless transactions.

This industry acts as agents for tour operators, transportation companies and accommodation establishments in selling travel, tour and accommodation services to the general public and commercial clients.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Booking Holdings Inc.
  • Expedia Group Inc.
  • MORE
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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  • Expedia Group Inc.
  • Booking Holdings Inc.
Note: Product cover images may vary from those shown
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