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The State of the Industry: Exploring the strategic issues, overarching trends, and future of the tourism industry as a whole

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    Report

  • 27 Pages
  • April 2018
  • Region: Global
  • GlobalData
  • ID: 4530781
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The State of the Industry: Exploring the strategic issues, overarching trends, and future of the tourism industry as a whole

Summary

"The State of the Industry", report explores the strategic issues and overarching trends impacting the industry, and the future of Tourism as a whole.

This report provides an insight into the strategic issues that are changing the face of Tourism, with a deep dive into the market trends and themes that are being seen as a result. The report provides a detailed analysis of the consumer sentiment that drives these trends, and predicts what will happen next. Actionable insights and real world examples are provided for each strategic issue.

Scope
  • According to the consumer survey Q4-2017, those who say they are going on more 'destination-felxible' trips (such as sun and beach, wellness, and multi-stop trips) are more likely to reconsider destinations based on perceived risk. Over half all of all 'flexible' travelers agree.

  • 72% of those likely to book a city break would also consider booking peer to peer accommodation, according to the consumer survey Q4-16, adding to the impact of overtourism in key city hotspots.


Reasons to buy
  • Uncover the four strategic issues driving all change within the Tourism industry.

  • Learn how to capitalize on key trends like overtourism, technological evolution, and niche tourism.

  • Understand the consumer behaviors underpinning the future of the industry.

Table of Contents

1. Overview

2. Industry Drivers
  • Strategic issues

  • Consumer drivers


3. Market Trends and Themes
  • Low cost carrier evolution

  • Emerging market growth

  • Fear and risk

  • Overtourism

  • Technological evolution

  • Niche tourism

  • Trends and themes in action


4. Forecasts and Opportunities

5. Appendix
  • References

  • Terminology and definitions

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Norwegian Air
  • easyJet
  • WelcomeChinese
  • Royal Caribbean
  • US Department of State
  • Intrepid Travel
  • Visit Greece
  • Princess
  • WeChat
  • Responsible Travel