Leisure travel is a form of vacation that involves a number of activities ranging from visiting new location, staying in resorts or hotel, experiencing various tourist attractions to going to health clubs and more. People often opt for leisure travel to unwind and experience new cultures, and meet new people.
The leisure travel economy comprises a well-entrenched biosphere of industries including but not limited to logistics, accommodation, food, retail, recreation and other tourism services, Companies, large and small in associated industries continuously strive to create experiences bringing people together, supporting communities and boosting economics of country. Substantial investment on tourism has multiplier effects in the expansion of the economy including infrastructure development, stimulating private investment, aggregating demand, and creating jobs. Tourism offers direct and indirect aid to a nation’s economy. Therefore, it has garnered high attention from the tourism development experts, policy makers, and industry leaders, especially in the developing regions of Asia-Pacific and Africa region.
Recent years have seen paradigm shift towards experience rather than goods. Spending on consumer durables, apparels have faltered; however, experiential spending on recreation, travel, and eating have seen rapid growth. As a result, travel is outpacing the demand for goods. The trend is in sync with growing number of global outbound tourists in the last few years. The robust growth is estimated to continue in future, driven primarily by the expansion of low-cost airlines, government initiatives, and technological advancements.
While expansion in the tourism industry has led to creation of jobs, a proliferation of tour operators, and increased ease in booking accommodation, logistics and services, the growth comes with its own set of unique challenges—economic slowdown, infrastructure, and political tensions, among others.
The leisure travel market has been segmented based on traveler type, sales channel, age group, and region. Based on traveler type, the leisure travel market is bifurcated into solo and group. Based on sales channel, the global market is studied across conventional channels, and online channels. The report also gives insights on leisure travel market by age group that includes baby boomers, generation X, Millennials, and Generation- Z. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA
The key players profiled in the report includes Expedia Group, Priceline Group, Carlson Wagonlit Travel, JTB Americas Group, World Travel, Inc., American Express Travel, Travel Leaders Group, TUI Group., Thomas Cook (India) Limited and Cox & Kings Ltd.
KEY BENEFITS FOR STAKEHOLDERS
• This report provides a quantitative analysis of the current trends, estimations, and dynamics of the leisure travel market from 2018 to 2026 to identify the prevailing market opportunities.
• The key countries in all the major regions are mapped based on their market share.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
• In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
• The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.
KEY MARKET SEGMENTS:
• By Type
o Solo
o Group
• By Sales Channel
o Conventional Channels
o Online Channels
• By Age Group
o Baby Boomers
o Generation X
o Millennials
o Generation Z
• By Region
o North America
§ U.S.
§ Canada
§ Mexico
o Europe
§ UK
§ France
§ Italy
§ Germany
§ Russia
§ Rest of Europe
o Asia-Pacific
§ China
§ India
§ Japan
§ South Korea
§ Rest of Asia-Pacific
o LAMEA
§ Latin America
§ Middle East
§ Africa
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models
Chapter 2: Executive Summary
2.1. Key Findings
2.1.1. Top Impacting Factors
2.1.2. Top Investment Pockets
2.2. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Pursuit Of Unique Experiences To Augment The Global Tourism Industry
3.2.1.2. Mobile Applications, Big Data Analytics, And Artificial Intelligence Evolving Together Amidst Proliferating Tourism Industry
3.2.1.3. Rise Of Social Media Positively Impacting Travel Industry
3.2.2. Restraints
3.2.2.1. Fluctuating Fortunes For Destinations
3.2.2.2. Nature And Tourism No Longer In Sync
3.2.3. Opportunities
3.2.3.1. Unique Destinations Gaining High Traction Amongst Tourists
3.2.3.2. Eco-Mmodation—New Trend Amongst Millennials
Chapter 4: Leisure Travel Market, By Traveler Type
4.1. Overview
4.1.1. Market Size And Forecast, By Traveler Type
4.2. Solo Leisure Travel
4.2.1. Key Market Trends, Growth Factors, And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis, By Country
4.3. Group Leisure Travel
4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis, By Country
Chapter 5: Leisure Travel Market, By Sales Channel
5.1. Overview
5.1.1. Market Size And Forecast, By Sales Channel
5.2. Conventional Channels
5.2.1. Key Market Trends, Growth Factors, And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis, By Country
5.3. Online Channels
5.3.1. Key Market Trends, Growth Factors, And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Analysis, By Country
Chapter 6: Leisure Travel Market, By Age Group
6.1. Overview
6.1.1. Market Size And Forecast, By Age Group
6.2. Baby Boomers
6.2.1. Key Market Trends, Growth Factors, And Opportunities
6.2.2. Market Size And Forecast, By Region
6.2.3. Market Analysis, By Country
6.3. Generation X
6.3.1. Key Market Trends, Growth Factors, And Opportunities
6.3.2. Market Size And Forecast, By Region
6.3.3. Market Analysis, By Country
6.4. Millennials
6.4.1. Key Market Trends, Growth Factors, And Opportunities
6.4.2. Market Size And Forecast, By Region
6.4.3. Market Analysis, By Country
6.5. Generation Z
6.5.1. Key Market Trends, Growth Factors, And Opportunities
6.5.2. Market Size And Forecast, By Region
6.5.3. Market Analysis, By Country
Chapter 7: Leisure Travel Market, By Region
7.1. Overview
7.1.1. Market Size And Forecast, By Region
7.2. North America
7.2.1. Key Market Trends, Growth Factors, And Opportunities
7.2.2. Market Size And Forecast, By Traveler Type
7.2.3. Market Size And Forecast, By Sales Channel
7.2.4. Market Size And Forecast, By Age Group
7.2.5. Market Analysis, By Country
7.2.5.1. U.S.
7.2.5.1.1. Market Size And Forecast, By Traveler Type
7.2.5.1.2. Market Size And Forecast, By Sales Channel
7.2.5.1.3. Market Size And Forecast, By Age Group
7.2.5.2. Canada
7.2.5.2.1. Market Size And Forecast, By Traveler Type
7.2.5.2.2. Market Size And Forecast, By Sales Channel
7.2.5.2.3. Market Size And Forecast, By Age Group
7.2.5.3. Mexico
7.2.5.3.1. Market Size And Forecast, By Traveler Type
7.2.5.3.2. Market Size And Forecast, By Sales Channel
7.2.5.3.3. Market Size And Forecast, By Age Group
7.3. Europe
7.3.1. Key Market Trends, Growth Factors, And Opportunities
7.3.2. Market Size And Forecast, By Traveler Type
7.3.3. Market Size And Forecast, By Sales Channel
7.3.4. Market Size And Forecast, By Age Group
7.3.5. Market Analysis, By Country
7.3.5.1. Uk
7.3.5.1.1. Market Size And Forecast, By Traveler Type
7.3.5.1.2. Market Size And Forecast, By Sales Channel
7.3.5.1.3. Market Size And Forecast, By Age Group
7.3.5.2. France
7.3.5.2.1. Market Size And Forecast, By Traveler Type
7.3.5.2.2. Market Size And Forecast, By Sales Channel
7.3.5.2.3. Market Size And Forecast, By Age Group
7.3.5.3. Italy
7.3.5.3.1. Market Size And Forecast, By Traveler Type
7.3.5.3.2. Market Size And Forecast, By Sales Channel
7.3.5.3.3. Market Size And Forecast, By Age Group
7.3.5.4. Germany
7.3.5.4.1. Market Size And Forecast, By Traveler Type
7.3.5.4.2. Market Size And Forecast, By Sales Channel
7.3.5.4.3. Market Size And Forecast, By Age Group
7.3.5.5. Russia
7.3.5.5.1. Market Size And Forecast, By Traveler Type
7.3.5.5.2. Market Size And Forecast, By Sales Channel
7.3.5.5.3. Market Size And Forecast, By Age Group
7.3.5.6. Rest Of Europe
7.3.5.6.1. Market Size And Forecast, By Traveler Type
7.3.5.6.2. Market Size And Forecast, By Sales Channel
7.3.5.6.3. Market Size And Forecast, By Age Group
7.4. Asia-Pacific
7.4.1. Key Market Trends, Growth Factors, And Opportunities
7.4.2. Market Size And Forecast, By Traveler Type
7.4.3. Market Size And Forecast, By Sales Channel
7.4.4. Market Size And Forecast, By Age Group
7.4.5. Market Analysis, By Country
7.4.5.1. China
7.4.5.1.1. Market Size And Forecast, By Traveler Type
7.4.5.1.2. Market Size And Forecast, By Sales Channel
7.4.5.1.3. Market Size And Forecast, By Age Group
7.4.5.2. India
7.4.5.2.1. Market Size And Forecast, By Traveler Type
7.4.5.2.2. Market Size And Forecast, By Sales Channel
7.4.5.2.3. Market Size And Forecast, By Age Group
7.4.5.3. Japan
7.4.5.3.1. Market Size And Forecast, By Traveler Type
7.4.5.3.2. Market Size And Forecast, By Sales Channel
7.4.5.3.3. Market Size And Forecast, By Age Group
7.4.5.4. South Korea
7.4.5.4.1. Market Size And Forecast, By Traveler Type
7.4.5.4.2. Market Size And Forecast, By Sales Channel
7.4.5.4.3. Market Size And Forecast, By Age Group
7.4.5.5. Rest Of Asia-Pacific
7.4.5.5.1. Market Size And Forecast, By Traveler Type
7.4.5.5.2. Market Size And Forecast, By Sales Channel
7.4.5.5.3. Market Size And Forecast, By Age Group
7.5. Lamea
7.5.1. Key Market Trends, Growth Factors, And Opportunities
7.5.2. Market Size And Forecast, By Traveler Type
7.5.3. Market Size And Forecast, By Sales Channel
7.5.4. Market Size And Forecast, By Age Group
7.5.5. Market Analysis, By Country
7.5.5.1. Latin America
7.5.5.1.1. Market Size And Forecast, By Traveler Type
7.5.5.1.2. Market Size And Forecast, By Sales Channel
7.5.5.1.3. Market Size And Forecast, By Age Group
7.5.5.2. Middle East
7.5.5.2.1. Market Size And Forecast, By Traveler Type
7.5.5.2.2. Market Size And Forecast, By Sales Channel
7.5.5.2.3. Market Size And Forecast, By Age Group
7.5.5.3. South Africa
7.5.5.3.1. Market Size And Forecast, By Traveler Type
7.5.5.3.2. Market Size And Forecast, By Sales Channel
7.5.5.3.3. Market Size And Forecast, By Age Group
Chapter 8: Company Profiles
8.1. American Express Travel
8.1.1. Company Overview
8.1.2. Key Executives
8.1.3. Company Snapshot
8.1.4. Operating Business Segments
8.1.5. Product Portfolio
8.1.6. Business Performance
8.2. Carlson Wagonlit Travel
8.2.1. Company Overview
8.2.2. Key Executives
8.2.3. Company Snapshot
8.2.4. Product Portfolio
8.3. Cox & Kings Ltd
8.3.1. Company Overview
8.3.2. Key Executives
8.3.3. Company Snapshot
8.3.4. Operating Business Segments
8.3.5. Product Portfolio
8.3.6. Business Performance
8.3.7. Key Strategic Moves And Developments
8.4. Expedia Group
8.4.1. Company Overview
8.4.2. Key Executives
8.4.3. Company Snapshot
8.4.4. Operating Business Segments
8.4.5. Product Portfolio
8.4.6. Business Performance
8.4.7. Key Strategic Moves And Developments
8.5. Jtb Usa, Inc.
8.5.1. Company Overview
8.5.2. Key Executive
8.5.3. Company Snapshot
8.5.4. Product Portfolio
8.6. Priceline(Booking Holdings Inc.)
8.6.1. Company Overview
8.6.2. Key Executives
8.6.3. Company Snapshot
8.6.4. Product Portfolio
8.6.5. Business Performance
8.6.6. Key Strategic Moves And Developments
8.7. Thomas Cook India Ltd.
8.7.1. Company Overview
8.7.2. Key Executives
8.7.3. Company Snapshot
8.7.4. Product Portfolio
8.7.5. Business Performance
8.7.6. Key Strategic Moves And Developments
8.8. Travel Leaders Group
8.8.1. Company Overview
8.8.2. Key Executives
8.8.3. Company Snapshot
8.8.4. Product Portfolio
8.9. Tui Group
8.9.1. Company Overview
8.9.2. Key Executives
8.9.3. Company Snapshot
8.9.4. Operating Business Segments
8.9.5. Product Portfolio
8.9.6. Business Performance
8.9.7. Key Strategic Moves And Developments
8.10. World Travel, Inc
8.10.1. Company Overview
8.10.2. Key Executives
8.10.3. Company Snapshot
8.10.4. Product Portfolio
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