Travel & Leisure Market Research Reports

Travel and leisure industry represents strong growth in a recent year. The global travel and leisure market is driven by increase in consumer awareness, increase in disposable income and consumer spending on travel and tourism, low cost airlines across the world, changing lifestyle patterns, friendly travel facilities, better customer care, easily availability of online booking, payments, marketing and information retrieval, cultural and religious attractions, availability of destination resorts, entertainment, shopping, dining, attractive packages from vacation cruises, number of women choosing travel for business and leisure, and good customer care increase in convenient women-friendly facilities such as spas, salons and boutiques,

The travel and tourism market witnesses several restraints such as economic recession, fiscal tightening, high fuel prices, terrorism, lack of job security and less wages, high interest rates and uncertain economic environment.

The reven...
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Travel and leisure industry represents strong growth in a recent year. The global travel and leisure market is driven by increase in consumer awareness, increase in disposable income and consumer spending on travel and tourism, low cost airlines across the world, changing lifestyle patterns, friendly travel facilities, better customer care, easily availability of online booking, payments, marketing and information retrieval, cultural and religious attractions, availability of destination resorts, entertainment, shopping, dining, attractive packages from vacation cruises, number of women choosing travel for business and leisure, and good customer care increase in convenient women-friendly facilities such as spas, salons and boutiques,

The travel and tourism market witnesses several restraints such as economic recession, fiscal tightening, high fuel prices, terrorism, lack of job security and less wages, high interest rates and uncertain economic environment.

The revenues of the global travel industry is expected to grow in near future due to increase in global capital investment. United States, Sri Lanka, France, Germany, Canada, Japan, Australia and Singapore exceeds world tourism market with highest percentage of tourist visitors for business and leisure purpose. The Asia Pacific region (Thailand, Malaysia, Indonesia, Dubai and Maldives ) and South America generated highest revenues from travel industry. In Asia, the more emerging countries include China, India and South Korea. China is expected to become hot spot with more integrated global economy. Apart from Asian region the countries which attracts several foreign tourists includes Mexico, Brazil, Spain, Italy, Russia, Egypt, Zimbabwe, Spain and Norway.