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Global Travel and Tourism Almanac 2022: An Unprecedented Decline of 43.5% in 2020 – ResearchAndMarkets.com

June 21, 2022 by kevinwilkerson

DUBLIN–(BUSINESS WIRE)–The “Travel and Tourism – Market Summary, Competitive Analysis and Forecast, 2016-2025 (Global Almanac)” report has been added to ResearchAndMarkets.com’s offering.

The global travel and tourism industry had total revenues of $4,468.4bn in 2020, representing a compound annual rate of change (CARC) of -10.5% between 2016 and 2020.

The industry has been devastated by the global outbreak of COVID-19, which led to an unprecedented decline of 43.5% in 2020 and the data used in this report has been modelled on the assumption of a crisis scenario and has taken into consideration forecast impacts on national economics.

The foodservice segment generated the most revenue in 2020, with total revenues of $2,211.2bn, equivalent to 49.5% of the industry’s overall value.

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.
  • All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global travel & tourism Industry
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global travel & tourism Industry
  • Leading company profiles reveal details of key travel & tourism Industry players’ global operations and financial performance

Key Topics Covered:

1 EXECUTIVE SUMMARY

1.1. Market value

1.2. Market value forecast

1.3. Category segmentation

1.4. Geography segmentation

1.5. Competitive Landscape

2 Introduction

2.1. What is this report about?

2.2. Who is the target reader?

2.3. How to use this report

2.4. Definitions

3 Global Travel & Tourism

3.1. Market Overview

3.2. Market Data

3.3. Market Segmentation

3.4. Market outlook

3.5. Five forces analysis

4 Macroeconomic Indicators

4.1. Country data

Companies Mentioned

  • Restaurant Brands International Inc
  • McDonald’s Corp
  • Choice Hotels International Inc
  • Shanghai Jin Jiang Capital Co Ltd
  • Wyndham Hotels and Resorts LLC
  • Delta Air Lines Inc
  • American Airlines Inc
  • Deutsche Lufthansa AG
  • Yum! Brands, Inc.
  • GreenTree Hospitality Group Ltd
  • Huazhu Group Ltd
  • China Eastern Airlines Corp Ltd
  • China Southern Airlines Co Ltd
  • Starbucks Corporation
  • Accor SA
  • Best Western International Inc
  • S Group
  • Finnair Oyj
  • Norwegian Air Shuttle ASA
  • Lapland Hotels Oy
  • Scandic Hotels Group AB
  • SAS AB
  • Nordic Choice Hotels AS
  • Sokos Hotels
  • Hesburger
  • Contact-Hotel Association
  • TUI Group
  • The Originals, Human Hotels & Resorts
  • Groupe Le Duff SA
  • Ringhotels EV
  • Ryanair Holdings plc
  • NORDSEE GmbH
  • Air India Ltd
  • Expedia Group Inc
  • MakeMyTrip Ltd
  • PT Es Teler 77
  • AirAsia Group Berhad
  • Santika Indonesia Hotels & Resorts
  • Cigierre – Compagnia Generale Ristorazione SpA
  • NH Hotel Group SA
  • Alitalia – Societa Aerea Italiana SpA
  • Cremonini SpA
  • Central Japan Railway Company
  • Skylark Holdings Co Ltd
  • Route Inn Japan Co Ltd
  • Toyoko Inn Co Ltd
  • Akindo Sushiro Co Ltd
  • Aeroenlaces Nacionales SA De CV
  • Grupo Aeromexico SAB de CV
  • ABC Aerolineas SA de CV
  • Alsea SAB de CV
  • Fletcher Hotel Group
  • Domino’s Pizza, Inc.
  • Van der Valk Hotels & Restaurants
  • Sligro Food Group NV
  • Southwest Airlines Co
  • Hilton Worldwide Holdings Inc
  • Pizzabakeren Invest AS
  • NorgesGruppen ASA
  • Thon Hotels
  • Radisson Hotel Group
  • Aeroflot OAO
  • UTair Aviation
  • Qantas Airways Limited
  • Genting Singapore Limited
  • Las Vegas Sands Corp
  • Singapore Airlines Ltd
  • Tsogo Sun Gaming Limited
  • South African Airways SOC
  • South African Express Airways (Pty) Ltd
  • Famous Brands Ltd (Foodservice)
  • Hospitality Property Fund Limited
  • Grand Korea Leisure Co Ltd
  • CJ Co Ltd
  • Kangwon Land Inc
  • Korean Air Lines Co Ltd
  • MPK Group Inc
  • Barcelo Hotels and Resorts
  • Melia Hotels International SA
  • IAE International Aero Engines AG
  • Restalia Grupo de Eurorestauracion SL
  • First Hotels AS
  • Max Burger AB
  • Turkish Airlines
  • MADO Ice Cream & Foodstuffs Co Ltd
  • Ei Group Ltd
  • Travelport Worldwide Ltd
  • Greene King Limited
  • Whitbread PLC
  • InterContinental Hotels Group Plc
  • Travelodge Hotels Ltd. (Inactive)
  • Flight Centre Travel Group Ltd
  • Australian Leisure and Hospitality Group
  • CVC Brasil Operadora e Agencia de Viagens SA
  • Booking Holdings Inc
  • Anheuser-Busch InBev SA/NV
  • Hotel Nacional Inn
  • WestJet Airlines Ltd
  • Marriott International Inc
  • Air Canada
  • Doctor’s Associates Inc
  • Air France-KLM SA
  • Comwell AS
  • easyJet Airline Company Ltd

For more information about this report visit https://www.researchandmarkets.com/r/ek94si

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]
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Filed Under: Business News

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