The latest study released on the Global Travel Activities Market by AMA Research evaluates market size, trend, and forecast to 2026. The Travel Activities market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include:
Musement (Italy),Viator (United States),Klook (Hong Kong),GetYourGuide (Germany),Headout Inc. (United States),Airbnb (United States),Civitatis Tours (Spain),Expedia Group (United States),Tripadvisor (United States),Trip.com Group (China)
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The market for Travel Activities includes all of the activities that travelers do while on vacation, which excludes transportation, accommodation, and meals. It encompasses all of the sightseeing activities, attractions, museums, outdoor, food experiences, day trips, shows, and wellness. The countries with the highest number of activities are the most touristic countries, with the United States at the top, followed by popular European travel destinations (Italy, Spain, France, United Kingdom, Portugal, and Greece). Australia, thanks to its array of outdoor activities, also received a high ranking. Vietnam and China have earned the top ranking for Asian countries. According to the World Travel and Tourism Council, The World Travel and Tourism Council has warned the COVID-19 pandemic could cut 50 million jobs worldwide in the travel and tourism industry. Asia is expected to be the worst affected. Once the outbreak is over, it could take up to 10 months for the industry to recover. The tourism industry currently accounts for 10% of global GDP.
- Rising travel activities in emerging economies
- Increasing Popularity of Adventure tourism among youngsters
- Increasing Disposable Income
- Government bodies and organizations such as the World Tourism Organization UNWTO are promoting tourism in order to attract diverse tourists across the globe
- High Demand due to attractive Marketing and Promotional Strategies
- Growing Demand due to the increasing popularity of global sports and game events
The Global Travel Activities Market segments and Market Data Break Down are illuminated below:
by Type (International travailing, Domestic/local travailing), Application (Millennial, Generation X, Baby Boomers, Generation X), Age of User (18-24, 25-34, 35-44, 45-54, 55-65, 65 above), Industry Product (Traveler accommodations, Travel arrangement and reservations, Air transportation, Local transport, Food and beverage establishments, Recreation and entertainment, Gasoline, Other retail activities), Purpose (Adventure tourism, Leisure business travel, Conference or seminar travel, Business tourism, Visiting relatives and friends)
What benefits does AMA research studies provides?
- Supporting company financial and cash flow planning
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Key Questions Answered with this Study
1) What makes Worldwide Travel Activities Market feasible for long term investment?
2) Know value chain areas where players can create value?
3) Teritorry that may see steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in Global Travel Activities market?
6) Risk side analysis connected with service providers?
7) How influencing factors driving the demand of Global Travel Activities in next few years?
8) What is the impact analysis of various factors in the Worldwide Travel Activities market growth?
9) What strategies of big players help them acquire share in mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in Global Travel Activities Market?
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Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
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