The future of Travel & Tourism: Technology is driving significant change growth is on the horizon

Market: Other

Global, 40 pages report, published by GlobalData

Report ThumbnailMay-2018
The future of Travel & Tourism: Technology is driving significant change growth is on the horizon

Summary

Travel and tourism accounts for more than one-tenth of global GDP making it one of the most important industries there is. After a long period of fairly limited innovation the industry is experiencing a new time of significant change that is beginning to change the nature of the industry.

More than any other factor, technology is driving this change causing businesses in the industry to r

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  • List of Figures
  • Figure 1: Air-France KLM net income 2005 to 2017 (EURm) 8
  • Figure 2: Air Berlin 10
  • Figure 3: Ryanair net income 2007 to 2016 (EURm) 11
  • Figure 4: MyRyanair App 12
  • Figure 5: Emirates Instagram page 13
  • Figure 6: Global hotels and motels market 2012-2016 15
  • Figure 7: Hotel chains and Airbnb valuation compared Sept 2017 $bn 16
  • Figure 8: Airbnb and hotel prices compared in US cities $ 17
  • Figure 9: Net income of the top public hotel chains ($m) 18
  • Figure 10: Hotel chains and Airbnb total
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  • Table of Contents
  • Executive summary 2
  • Airline industry is striving for innovation amid difficult trading conditions 2
  • Hotel market not changing as dramatically as once thought 2
  • People are going on different types of vacation, changing the market 2
  • The business of selling holidays is changing 2
  • The Travel insurance industry has many options for innovation 3
  • Airline industry is striving for innovation amid difficult trading conditions 8
  • Sustainable airlines are minority in industry where margins
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