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Travel & Tourism in Norway

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    Report

  • 65 Pages
  • February 2020
  • Region: Norway
  • MarketLine
  • ID: 4465717
Travel & Tourism in Norway

Summary

Travel & Tourism in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming.
  • The Norwegian Travel & Tourism industry had total revenues of $21.3bn in 2018, representing a compound annual rate of change (CARC) of -2.3% between 2014 and 2018.
  • The Foodservice segment was the industry's most lucrative in 2018, with total revenues of $6.7bn, equivalent to 31.4% of the industry's overall value.
  • Busy consumers are more likely to opt for a quick option, which is why quick service restaurants and fast food chains have thrived. This has been aided by the introduction of mobile apps which allow consumers to have food delivered directly to their homes.

Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Norway
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Norway
  • Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Norway travel & tourism market with five year forecasts

Reasons to Buy
  • What was the size of the Norway travel & tourism market by value in 2018?
  • What will be the size of the Norway travel & tourism market in 2023?
  • What factors are affecting the strength of competition in the Norway travel & tourism market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Norway's travel & tourism market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players in the hotels & motels industry?
7.2. What strategies do these leading players follow?
7.3. How are these leading players implementing sustainability initiatives?
7.4. Are there any threats to these leading players?
7.5. Who are the leading players in the foodservice industry?
7.6. What strategies do these leading players follow?
7.7. How is technology being used by these leading companies?
7.8. How are foodservice companies responding to consumer trends?
7.9. Who are the leading players in the airlines industry?
7.10. Which airlines have been most successful in the past three years?
8 Company Profiles
8.1. Scandic Hotels AB
8.2. Nordic Choice Hotels AS
8.3. Thon Hotels
8.4. McDonald's Corp
8.5. NorgesGruppen ASA
8.6. Radisson Hotel Group
8.7. SAS AB
8.8. Norwegian Air Shuttle ASA
8.9. Restaurant Brands International Inc
8.10. Ryanair Holdings plc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Author
List of Tables
Table 1: Norway travel & tourism industry value: $ billion, 2014-18
Table 2: Norway travel & tourism industry category segmentation: $ billion, 2018
Table 3: Norway travel & tourism industry geography segmentation: $ billion, 2018
Table 4: Norway travel & tourism industry value forecast: $ billion, 2018-23
Table 5: Scandic Hotels AB: key facts
Table 6: Scandic Hotels AB: Key Employees
Table 7: Nordic Choice Hotels AS: key facts
Table 8: Nordic Choice Hotels AS: Key Employees
Table 9: Thon Hotels: key facts
Table 10: Thon Hotels: Key Employees
Table 11: McDonald's Corp: key facts
Table 12: McDonald's Corp: Annual Financial Ratios
Table 13: McDonald's Corp: Key Employees
Table 14: McDonald's Corp: Key Employees Continued
Table 15: NorgesGruppen ASA: key facts
Table 16: NorgesGruppen ASA: Key Employees
Table 17: Radisson Hotel Group: key facts
Table 18: Radisson Hotel Group: Key Employees
Table 19: SAS AB: key facts
Table 20: SAS AB: Annual Financial Ratios
Table 21: SAS AB: Key Employees
Table 22: Norwegian Air Shuttle ASA: key facts
Table 23: Norwegian Air Shuttle ASA: Annual Financial Ratios
Table 24: Norwegian Air Shuttle ASA: Key Employees
Table 25: Restaurant Brands International Inc: key facts
Table 26: Restaurant Brands International Inc: Annual Financial Ratios
Table 27: Restaurant Brands International Inc: Key Employees
Table 28: Ryanair Holdings plc: key facts
Table 29: Ryanair Holdings plc: Annual Financial Ratios
Table 30: Ryanair Holdings plc: Key Employees
Table 31: Norway size of population (million), 2014-18
Table 32: Norway gdp (constant 2005 prices, $ billion), 2014-18
Table 33: Norway gdp (current prices, $ billion), 2014-18
Table 34: Norway inflation, 2014-18
Table 35: Norway consumer price index (absolute), 2014-18
Table 36: Norway exchange rate, 2014-18
List of Figures
Figure 1: Norway travel & tourism industry value: $ billion, 2014-18
Figure 2: Norway travel & tourism industry category segmentation: % share, by value, 2018
Figure 3: Norway travel & tourism industry geography segmentation: % share, by value, 2018
Figure 4: Norway travel & tourism industry value forecast: $ billion, 2018-23
Figure 5: Forces driving competition in the travel & tourism industry in Norway, 2018
Figure 6: Drivers of buyer power in the travel & tourism industry in Norway, 2018
Figure 7: Drivers of supplier power in the travel & tourism industry in Norway, 2018
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Norway, 2018
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Norway, 2018
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Norway, 2018

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Scandic Hotels AB
  • Nordic Choice Hotels AS
  • Thon Hotels
  • McDonald's Corp
  • NorgesGruppen ASA
  • Radisson Hotel Group
  • SAS AB
  • Norwegian Air Shuttle ASA
  • Restaurant Brands International Inc
  • Ryanair Holdings plc