• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Travel and Tourism Industry in the US to 2017
 

Travel and Tourism Industry in the US to 2017

on

  • 323 views

Travel and Tourism Industry in the US @ http://www.researchmoz.us/travel-and-tourism-in-the-us-to-2017-report.html ...

Travel and Tourism Industry in the US @ http://www.researchmoz.us/travel-and-tourism-in-the-us-to-2017-report.html

The global economic downturn led to a deceleration in growth in the US travel and tourism sector in 2009, with a 3.30% decline in domestic tourist volumes and a 5.27% decline in inbound tourist volumes. However, economic recovery in 2010 resulted in a return to growth in both markets, enabling the sector to register positive growth during the review period. Stable economic growth, increasing business activities, increased government expenditure on tourism and initiatives to promote tourism will be the key growth drivers over the forecast period.

Statistics

Views

Total Views
323
Views on SlideShare
323
Embed Views
0

Actions

Likes
0
Downloads
2
Comments
0

0 Embeds 0

No embeds

Accessibility

Categories

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Travel and Tourism Industry in the US to 2017 Travel and Tourism Industry in the US to 2017 Document Transcript

    • Travel and Tourism in the US to 2017 Synopsis The report provides detailed market analysis, information and insights, including: Historic and forecast tourist volumes covering the entire US travel and tourism sector Detailed analysis of tourist spending patterns in the US The total, direct and indirect tourism output generated by each category within the US travel and tourism sector Employment and salary trends for various categories in the US travel and tourism sector, such as accommodation, sightseeing and entertainment, foodservice, transportation, retail, travel intermediaries and others Detailed market classification across each category, with analysis using similar metrics Detailed analysis of the airline, hotel, car rental and travel intermediaries industries Executive summary The global economic downturn led to a deceleration in growth in the US travel and tourism sector in 2009, with a 3.30% decline in domestic tourist volumes and a 5.27% decline in inbound tourist volumes. However, economic recovery in 2010 resulted in a return to growth in both markets, enabling the sector to register positive growth during the review period. Stable economic growth, increasing business activities, increased government expenditure on tourism and initiatives to promote tourism will be the key growth drivers over the forecast period. Scope This report provides an extensive analysis related to tourism demands and flows in the US: It details historical values for the US tourism sector for 2008–2012, along with forecast figures for 2013–2017 It provides comprehensive analysis of travel and tourism demand factors with values for both the 2008–2012 review period and the 2013–2017 forecast period The report provides a detailed analysis and forecast of domestic, inbound and outbound tourist flows in the US It provides employment and salary trends for various categories of the travel and tourism sector It provides comprehensive analysis of the trends in the airline, hotel, car rental and travel intermediaries industries with values for both the 2008–2012 review period and the 2013–2017 forecast period Reasons to buy Take strategic business decisions using historic and forecast market data related to the US travel and tourism sector Understand the demand-side dynamics within the US travel and tourism sector, along with key market trends and growth opportunities Identify the spending patterns of domestic, inbound and outbound tourists by individual categories Analyze key employment and compensation data related to the travel and tourism sector in the US Key highlights Based on Timetric’s current forecast, real GDP in the US is expected to grow by 2.1% in 2013 before strengthening to 3.0% in 2014, fuelled by growth in investment and exports on the back of recovery in global demand. Timetric expects the economy to post an average growth of 2.8% between 2015 and 2017, led by robust domestic demand and improved exports. According to the United Nations World Tourism Organization (UNWTO, the US received the second-highest volume of inbound tourist arrivals in the world in 2012, with 66.6 million inbound tourist arrivals in the country. In addition to that, the US was the number one destination in terms of tourist expenditure, which amounted to US$160.29 billion in 2012. The number of domestic trips Travel and Tourism in the US to 2017
    • in the US increased from 1.96 billion in 2008 to 2.03 billion in 2012, at a review-period CAGR of 0.82%. Over the forecast period, the number of domestic trips is set to grow at a CAGR of 1.58% to reach 2.19 billion by 2017, driven by improved consumer confidence, rising employment rates, the willingness of high-net-worth individuals to invest in travel and tourism, mobile applications and an increase in business travel. Emerging economies are expected to fuel forecast-period growth in inbound tourist volumes. According to data published by the U.S Department of Commerce, the countries with the largest increase in tourist volumes in 2012 were China (35%), Colombia (21%), Venezuela and Argentina (20%), and Brazil (19%). In terms of total outbound tourism expenditure, the US was ranked third in the world by UNWTO 2013 report, after China and Germany, making it a prime target for tourist boards. Improved economic conditions, an increase in business activities, the easing unemployment rate, improving consumer confidence and better access to travel services at competitive prices drove growth in inbound tourism. The increasing strength of the US dollar has also made travel cheaper for American travelers. Volatile fuel prices and the global economic downturn adversely affected the US aviation market. Despite declines in passenger traffic of 3.14% in 2008 and 5.17% in 2009, traffic volumes and industry revenue grew marginally at respective review-period CAGRs of 0.11% and 0.81%. Forecast-period growth in tourist volumes, low-cost carriers and air capacity are expected to contribute to increases in passenger traffic and total revenue. The financial crisis adversely affected the US hotel market in 2009, with a 9.53% decline in revenue recorded. However, total revenue increased from US$140.6 billion in 2008 to US$147.2 billion in 2012, at a review-period CAGR of 1.15%, driven by a recovery in tourist flows during 2011–2012. The US car rental market is highly consolidated, with the three largest car rental companies in the country – Hertz, Avis and Enterprise – collectively accounting for more than 90% of revenue in 2012. table Of Contents 1 Executive Summary 2 Market Overview 2.2.1 Strengths 2.2.2 Weaknesses 2.2.3 Opportunities 2.2.4 Threats 3 Tourism Flows 3.1.1 Performance Outlook 3.1.2 Key Issues And Trends 3.2.1 Performance Outlook 3.2.2 Key Issues And Trends 3.3.1 Performance Outlook 3.3.2 Key Issues And Trends Travel and Tourism in the US to 2017
    • 4 Airlines 5 Hotels 6 Car Rental 7 Travel Intermediaries 8 Tourism Board Profile 9 Airport Profiles 9.1.1 Overview 9.1.2 Operator Profile 9.1.3 Routes 10 Company Profiles – Airlines 10.1.1 Delta Air Lines, Inc. – Company Overview 10.1.2 Delta Air Lines, Inc. – Business Description 10.1.3 Delta Air Lines, Inc. – Main Services And Brands 10.1.4 Delta Air Lines, Inc. – History 10.1.5 Delta Air Lines, Inc. – Swot Analysis 10.1.6 Delta Air Lines, Inc. – Strengths 10.1.7 Delta Air Lines, Inc. – Weaknesses 10.1.8 Delta Air Lines, Inc. – Opportunities 10.1.9 Delta Air Lines, Inc. – Threats 10.1.10 Delta Air Lines, Inc. – Key Competitors 10.1.11 Delta Air Lines, Inc. – Key Employees 10.2.1 United Airlines, Inc. – Company Overview 10.2.2 United Airlines, Inc. – Main Services 10.2.3 United Airlines, Inc. – Key Competitors 10.2.4 United Airlines, Inc. – Key Employees 10.3.1 Southwest Airlines Co. – Company Overview 10.3.2 Southwest Airlines Co. – Business Description 10.3.3 Southwest Airlines Co. – Main Services And Brands 10.3.4 Southwest Airlines Co. – History 10.3.5 Southwest Airlines Co. – Swot Analysis 10.3.6 Southwest Airlines Co. – Strengths Travel and Tourism in the US to 2017
    • 10.3.7 Southwest Airlines Co. – Weaknesses 10.3.8 Southwest Airlines Co. – Opportunities 10.3.9 Southwest Airlines Co. – Threats 10.3.10 Southwest Airlines Co. – Key Competitors 10.3.11 Southwest Airlines Co. – Key Employees 10.4.1 American Airlines, Inc. – Company Overview 10.4.2 American Airlines, Inc. – Main Services 10.4.3 American Airlines, Inc. – Key Competitors 10.4.4 American Airlines, Inc. – Key Employees 10.5.1 Us Airways Group, Inc. – Company Overview 10.5.2 Us Airways Group, Inc. – Business Description 10.5.3 Us Airways Group, Inc. – Main Services And Brands 10.5.4 Us Airways Group, Inc. – History 10.5.5 Us Airways Group, Inc. – Swot Analysis 10.5.6 Us Airways Group, Inc. – Strengths 10.5.7 Us Airways Group, Inc. – Weaknesses 10.5.8 Us Airways Group, Inc. – Opportunities 10.5.9 Us Airways Group, Inc. – Threats 10.5.10 Us Airways Group, Inc. – Key Competitors 10.5.11 Us Airways Group, Inc. – Key Employees 11 Company Profiles – Hotels 11.1.1 St. Regis Hotels And Resorts – Company Overview 11.1.2 St. Regis Hotels And Resorts – Main Services 11.1.3 St. Regis Hotels And Resorts – Key Competitors 11.1.4 St. Regis Hotels And Resorts – Key Employees 11.2.1 Trump Hotel Collection – Company Overview 11.2.2 Trump Hotel Collection – Main Services 11.2.3 Trump Hotel Collection – Key Competitors 11.2.4 Trump Hotel Collection – Key Employees 11.3.1 Hilton Worldwide, Inc. – Company Overview 11.3.2 Hilton Worldwide, Inc. – Business Description 11.3.3 Hilton Worldwide, Inc. – Main Services And Brands 11.3.4 Hilton Worldwide, Inc. – History 11.3.5 Hilton Worldwide, Inc. – Swot Analysis 11.3.6 Hilton Worldwide, Inc. – Strengths 11.3.7 Hilton Worldwide, Inc. – Weaknesses 11.3.8 Hilton Worldwide, Inc. – Opportunities 11.3.9 Hilton Worldwide, Inc. – Threats 11.3.10 Hilton Worldwide, Inc. – Key Competitors 11.3.11 Hilton Worldwide, Inc. – Key Employees 11.4.1 The Palazzo Resort Hotel Casino – Company Overview Travel and Tourism in the US to 2017
    • 11.4.2 The Palazzo Resort Hotel Casino – Main Services 11.4.3 The Palazzo Resort Hotel Casino – Key Competitors 11.4.4 The Palazzo Resort Hotel Casino – Key Employees 11.5.1 Marriott International, Inc. – Company Overview 11.5.2 Marriott International, Inc. – Business Description 11.5.3 Marriott International, Inc. – Main Services And Brands 11.5.4 Marriott International, Inc. – History 11.5.5 Marriott International, Inc. – Swot Analysis 11.5.6 Marriott International, Inc. – Strengths 11.5.7 Marriott International, Inc. – Weaknesses 11.5.8 Marriott International, Inc. – Opportunities 11.5.9 Marriott International, Inc. – Threats 11.5.10 Marriott International, Inc. – Key Competitors 11.5.11 Marriott International, Inc. – Key Employees 12 Company Profiles – Car Rental 12.1.1 The Hertz Corporation – Company Overview 12.1.2 The Hertz Corporation – Main Services 12.1.3 The Hertz Corporation – Key Competitors 12.1.4 The Hertz Corporation – Key Employees 12.2.1 Enterprise Rent-a-car Company – Company Overview 12.2.2 Enterprise Rent-a-car Company – Business Description 12.2.3 Enterprise Rent-a-car Company – Main Services 12.2.4 Enterprise Rent-a-car Company – History 12.2.5 Enterprise Rent-a-car Company – Swot Analysis 12.2.6 Enterprise Rent-a-car Company – Strengths 12.2.7 Enterprise Rent-a-car Company – Weaknesses 12.2.8 Enterprise Rent-a-car Company – Opportunities 12.2.9 Enterprise Rent-a-car Company – Threats 12.2.10 Enterprise Rent-a-car Company – Key Competitors 12.2.11 Enterprise Rent-a-car Company – Key Employees 12.3.1 Avis Rent A Car System, Llc – Company Overview 12.3.2 Avis Rent A Car System, Llc – Main Services 12.3.3 Avis Rent A Car System, Llc – Key Competitors 12.3.4 Avis Rent A Car System, Llc – Key Employees 12.4.1 National Car Rental - Us – Company Overview 12.4.2 National Car Rental - Us – Main Services 12.4.3 National Car Rental - Us – Key Competitors 12.4.4 National Car Rental - Us – Key Employees 12.5.1 Budget Rent A Car System, Inc. – Company Overview 12.5.2 Budget Rent A Car System, Inc. – Main Services 12.5.3 Budget Rent A Car System, Inc. – Key Competitors Travel and Tourism in the US to 2017
    • 12.5.4 Budget Rent A Car System, Inc. – Key Employees 13 Company Profiles – Travel Intermediaries 13.1.1 Expedia, Inc. – Company Overview 13.1.2 Expedia, Inc. – Business Description 13.1.3 Expedia, Inc. – Main Services And Brands 13.1.4 Expedia, Inc. – History 13.1.5 Expedia, Inc. – Swot Analysis 13.1.6 Expedia, Inc. – Strengths 13.1.7 Expedia, Inc. – Weaknesses 13.1.8 Expedia, Inc. – Opportunities 13.1.9 Expedia, Inc. – Threats 13.1.10 Expedia, Inc. – Key Competitors 13.1.11 Expedia, Inc. – Key Employees 13.2.1 Carlson Wagonlit Travel – Company Overview 13.2.2 Carlson Wagonlit Travel – Main Services 13.2.3 Carlson Wagonlit Travel – Key Competitors 13.2.4 Carlson Wagonlit Travel – Key Employees 13.3.1 Travelocity.com Lp – Company Overview 13.3.2 Travelocity.com Lp – Main Services 13.3.3 Travelocity.com Lp – Key Competitors 13.3.4 Travelocity.com Lp – Key Employees 13.4.1 Priceline.com, Inc. – Company Overview 13.4.2 Priceline.com, Inc. – Business Description 13.4.3 Priceline.com, Inc. – Main Services And Brands 13.4.4 Priceline.com, Inc. – History 13.4.5 Priceline.com, Inc. – Swot Analysis 13.4.6 Priceline.com, Inc. – Strengths 13.4.7 Priceline.com, Inc. – Weaknesses 13.4.8 Priceline.com, Inc. – Opportunities 13.4.9 Priceline.com, Inc. – Threats 13.4.10 Priceline.com, Inc. – Key Competitors 13.4.11 Priceline.com, Inc. – Key Employees 14 Market Data Analysis 14.1.1 Total Tourism Output 14.1.2 Direct Tourism Output 14.1.3 Indirect Tourism Output 14.1.4 Tourism Output Per Employee 14.1.5 Direct Tourism Output Per Employee 14.1.6 Indirect Tourism Output Per Employee Travel and Tourism in the US to 2017
    • 14.2.1 Total Tourism Employment 14.2.2 Direct Tourism Employment 14.2.3 Indirect Tourism Employment 14.2.4 Tourism Employee Compensation 14.2.5 Total Gross Income Generated By Total Tourism Employment 14.3.1 Domestic Trips By Purpose Of Visit 14.3.2 Number Of Overnight Stays 14.3.3 Total Domestic Tourist Expenditure 14.3.4 Average Expenditure Per Domestic Tourist By Category 14.4.1 International Arrivals By Region 14.4.2 International Arrivals By Purpose Of Visit 14.4.3 Total Inbound Tourism Expenditure By Category 14.4.4 Average International Tourist Expenditure By Category 14.5.1 International Departures By Region 14.5.2 International Departures By Purpose Of Visit 14.5.3 Number Of Overnight Stays 14.5.4 Total Outbound Tourism Expenditure By Category 14.5.5 Average Outbound Expenditure Per Resident By Category 14.6.1 Seats Available 14.6.2 Seats Sold By Carrier Type – Business Travel 14.6.3 Seats Sold By Carrier Type – Leisure Travel 14.6.4 Load Factor By Carrier Type 14.6.5 Passenger Kilometers Available By Carrier Type 14.6.6 Revenue-generating Passenger Kilometers By Carrier Type 14.6.7 Revenue Per Passenger By Carrier Type 14.6.8 Total Revenue By Carrier Type 14.7.1 Establishments By Hotel Category 14.7.2 Available Rooms By Hotel Category 14.7.3 Room Occupancy Rate By Hotel Category 14.7.4 Room Nights Available By Hotel Category 14.7.5 Room Nights Occupied By Hotel Category 14.7.6 Average Revenue Per Available Room By Hotel Category 14.7.7 Revenue Per Occupied Room By Hotel Category 14.7.8 Total Revenue Per Available Room By Hotel Category 14.7.9 Total Revenue By Hotel Category And Customer Type 14.7.10 Guests By Hotel Category And Customer Type 14.8.1 Market Value By Customer Type And Rental Location 14.8.2 Fleet Size 14.8.3 Rental Occasions And Days 14.8.4 Rental Length 14.8.5 Average Rental Length 14.8.6 Utilization Rate 14.8.7 Average Revenue Per Day Travel and Tourism in the US to 2017
    • 14.9.1 Market Value By Product Type 14.9.2 Online Revenues By Type Of Intermediary Or Provider 14.9.3 Online Revenues By Type Of Tourist 14.9.4 In-store Revenues By Type Of Intermediary 14.9.5 In-store Revenues By Type Of Tourist 14.9.6 Travel Agent Revenues From Domestic Tourism, By Sales Channel 14.9.7 Travel Agent Revenues From International Tourism By Sales Channel 14.9.8 Tour Operator Revenues From Domestic Tourism, By Sales Channel 14.9.9 Tour Operator Revenues From International Tourism, By Sales Channel 14.9.10 Other Intermediaries Revenues From Domestic Tourism, By Sales Channel 14.9.11 Other Intermediaries Revenues From International Tourism By Sales Channel 15 Appendix ResearchMoz(http://www.researchmoz.us/) is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price. Contact: M/s Sheela, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-997-4948 Email: sales@researchmoz.us Website: http://www.researchmoz.us/ Travel and Tourism in the US to 2017