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Travel and Tourism in Mexico to 2019

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The global financial crisis in 2009 had a negative impact on the Mexican travel and tourism sector. Economic conditions improved and in 2010 the tourism sector showed signs of recovery, with growth recorded in domestic and international tourist volumes. During the historic period (2010-2014), Mexico’s domestic tourist volumes expanded at a compound annual growth rate (CAGR) of 8.51%. The government has been making continuous efforts to develop and promote tourism through infrastructure development and campaigns. Read more details of report at: – PowerPoint PPT presentation

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Title: Travel and Tourism in Mexico to 2019


1
Travel and Tourism in the US to 2018
2
Summary
The US is the largest global market in terms of
inbound tourist expenditure, which increased from
US119.3 billion in 2009 to US170.9 billion in
2013, at a CAGR of 9.39. Growth has been due to
various international campaigns such as the Brand
USA campaign and the promotional initiatives
undertaken by the US in other countries such as
Germany and Canada.  Access The Full Report On
http//www.bigmarketresearch.com/report-enquiry/17
8061
3
Key Findings
  • Domestic tourism significantly dominates the
    overall tourism market in the US, representing
    96.7 of the total trips in 2013. The number of
    domestic trips totaled 2.1 billion in 2013 and is
    projected to reach 2.2 billion in 2018. The
    growth of domestic tourism was supported by
    various state-level campaigns launched in 2013
    and 2014 such as Pure Michigan and Utah Mighty
    5. Domestic tourist expenditure is projected to
    grow at a CAGR of 5.45 over the forecast period,
    to reach US945.4 billion in 2018
  • The US recorded growth in international arrivals
    from emerging countries, particularly BRIC
    countries (Brazil, Russia, India, and China),
    during the historic period. Visitors from China
    increased from 880,400 in 2009 to 2.2 million in
    2013. Similarly, visitors from Brazil increased
    from 892,600 in 2009 to 2.1 million in 2013,
    while visitors from India increased from 550,000
    in 2009 to 860,000 in 2013 and visitors from
    Russia increased from 143,000 in 2009 to 322,000
    in 2013.This increase was due to liberal visa
    procedures by the US and increasing disposable
    income in these countries.

4
Key Findings
  • From 2000 to 2014, air fares in the US declined
    by 8, while taxes included in air ticket prices
    have increased by 49. Similarly, tax rates have
    also been increased by other countries. For
    instance, the UK government increased its air
    passenger duty tax for long-haul premium travel
    from GBP92 per person in 2012 to a maximum of
    GBP188 per person in 2013. In addition, Spain
    increased its airport tax, on average, by 19.
    These higher taxes are likely to be passed on to
    customers, which could negatively impact US
    airlines operating in those European markets.
  • The concept of car sharing has picked up pace in
    the US. Between January 2012 and January 2013,
    the car-sharing fleets size increased at a rate
    of 23.6 while membership increased by 24.1 in
    the US. The growing popularity of car sharing
    programs is also reflected in the key car rental
    companies strategy to acquire the leading car
    sharing operators. In March 2013, Avis Budget
    Group acquired Zipcar, a leading car-sharing
    operator, in a deal worth US500 million.
  • To Get More Details Enquire _at_ http//www.bigmarket
    research.com/report-enquiry/178038

5
Synopsis

The report provides detailed market analysis,
information and insights, includingHistoric and
forecast tourist volumes covering the entire US
Travel and Tourism sectorDetailed analysis of
tourist spending patterns in the US for various
categories in the Travel and Tourism sector, such
as accommodation, sightseeing and entertainment,
foodservice, transportation, retail, travel
intermediaries, and others.Detailed market
classification across each category, with
analysis using similar metrics.Detailed analysis
of the airline, hotel, car rental, and travel
intermediaries industries.
6
Table Of Content
1 Executive Summary 2 The Travel and Tourism
Sector in Context 3 Country Fact Sheet 4
Tourism Flows 5 Airlines 6 Hotels 7 Car
Rental 8 Travel Intermediaries 9 Tourism Board
Profile 10 Airport Profiles 11 Company Profiles -
Airlines 12 Market Data Analysis 13 Appendix
7
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