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Belgium Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 68 Pages
  • March 2023
  • Region: Belgium
  • MarketLine
  • ID: 5782290
Travel & Tourism in Belgium industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). 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 market.
  • The Belgian travel and tourism industry had total revenues of $28.9 billion in 2022, representing a negative compound annual rate of change (CARC) of 3.2% between 2017 and 2022.
  • Food service was the industry's largest segment in 2022, with total revenues of $15.6 billion, equivalent to 54.2% of the industry's overall value.
  • Belgium is one of the smallest countries in Europe but is home to various tourist attractions such as museums, cobblestone streets, tree-lined canals, rolling farm hills, rivers, cliffs, medieval castles, modern architecture, and others.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Belgium
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Belgium
  • 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 Belgium travel & tourism market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Belgium travel & tourism market by value in 2022?
  • What will be the size of the Belgium travel & tourism market in 2027?
  • What factors are affecting the strength of competition in the Belgium travel & tourism market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Belgium'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 foodservice industry?
7.2. What strategies do these leading players follow?
7.3. How is technology being used by these leading companies?
7.4. Who are the leading players in the hotels and motels industry?
7.5. What strategies do the leading players follow?
7.6. What are the strengths of leading players?
7.7. How is technology being used by these leading companies?
7.8. Are there any threats to these leading players?
7.9. What have been the most recent developments in the hotels and motels industry?
8 Company Profiles
8.1. La Lorraine Bakery Group NV
8.2. McDonald's Corp
8.3. Accor SA
8.4. Hotusa Hotels SA
8.5. Best Western International Inc
8.6. Groupe Logis Hotels
8.7. Booking Holdings Inc
8.8. Expedia Group Inc
8.9. eDreams ODIGEO SA
8.10. TUI Group
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the analyst
List of Tables
Table 1: Belgium travel & tourism industry value: $ billion, 2017-22(e)
Table 2: Belgium travel & tourism industry category segmentation: % share, by value, 2017-2022(e)
Table 3: Belgium travel & tourism industry category segmentation: $ billion, 2017-2022
Table 4: Belgium travel & tourism industry geography segmentation: $ billion, 2022(e)
Table 5: Belgium travel & tourism industry value forecast: $ billion, 2022-27
Table 6: La Lorraine Bakery Group NV: key facts
Table 7: La Lorraine Bakery Group NV: Key Employees
Table 8: McDonald's Corp: key facts
Table 9: McDonald's Corp: Annual Financial Ratios
Table 10: McDonald's Corp: Key Employees
Table 11: McDonald's Corp: Key Employees (contd.)
Table 12: McDonald's Corp: Key Employees (contd.)
Table 13: Accor SA: key facts
Table 14: Accor SA: Annual Financial Ratios
Table 15: Accor SA: Key Employees
Table 16: Accor SA: Key Employees (contd.)
Table 17: Hotusa Hotels SA: key facts
Table 18: Hotusa Hotels SA: Key Employees
Table 19: Best Western International Inc: key facts
Table 20: Best Western International Inc: Key Employees
Table 21: Groupe Logis Hotels: key facts
Table 22: Groupe Logis Hotels: Key Employees
Table 23: Booking Holdings Inc: key facts
Table 24: Booking Holdings Inc: Annual Financial Ratios
Table 25: Booking Holdings Inc: Key Employees
Table 26: Expedia Group Inc: key facts
Table 27: Expedia Group Inc: Annual Financial Ratios
Table 28: Expedia Group Inc: Key Employees
Table 29: Expedia Group Inc: Key Employees (contd.)
Table 30: eDreams ODIGEO SA: key facts
Table 31: eDreams ODIGEO SA: Annual Financial Ratios
Table 32: eDreams ODIGEO SA: Key Employees
Table 33: TUI Group: key facts
Table 34: TUI Group: Annual Financial Ratios
Table 35: TUI Group: Key Employees
Table 36: TUI Group: Key Employees (contd.)
Table 37: Belgium size of population (million), 2018-22
Table 38: Belgium gdp (constant 2005 prices, $ billion), 2018-22
Table 39: Belgium gdp (current prices, $ billion), 2018-22
Table 40: Belgium inflation, 2018-22
Table 41: Belgium consumer price index (absolute), 2018-22
Table 42: Belgium exchange rate, 2018-22
List of Figures
Figure 1: Belgium travel & tourism industry value: $ billion, 2017-22(e)
Figure 2: Belgium travel & tourism industry category segmentation: $ billion, 2017-2022
Figure 3: Belgium travel & tourism industry geography segmentation: % share, by value, 2022(e)
Figure 4: Belgium travel & tourism industry value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the travel & tourism industry in Belgium, 2022
Figure 6: Drivers of buyer power in the travel & tourism industry in Belgium, 2022
Figure 7: Drivers of supplier power in the travel & tourism industry in Belgium, 2022
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Belgium, 2022
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Belgium, 2022
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Belgium, 2022

Companies Mentioned (Partial List)

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

  • La Lorraine Bakery Group NV
  • McDonald's Corp
  • Accor SA
  • Hotusa Hotels SA
  • Best Western International Inc
  • Groupe Logis Hotels
  • Booking Holdings Inc
  • Expedia Group Inc
  • eDreams ODIGEO SA
  • TUI Group

Table Information