Worldwide Revenue in the Travel & Tourism Market by Segment

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Worldwide Revenue In The Travel Tourism Market
By Segment (In Million US )
2
Worldwide Revenue in the Travel Tourism Market
by Segment

• Revenue in the Travel Tourism market amounts to
  US685,065m in 2019.
• The market's largest segment is Hotels with a
  market volume of US368,359m in 2019.
• In global comparison, most revenue is generated
  in the United States (US156,266m in 2019).
• Revenue is expected to show an annual growth rate
  (CAGR 2019-2023) of 4.0, resulting in a market
  volume of US801,657m by 2023.

• List of Market Segments
• Cruises
• Vacation Rentals
• Hotels
• Package Holidays

Source www.statista.com
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Worldwide Revenue in the Travel Tourism Market
by Segment

• Cruises
• Revenue in the Cruises segment amounts to
  US27,218m in 2019.
• The average revenue per user (ARPU) currently
  amounts to US949.93.
• In global comparison, most revenue is generated
  in the United States (US13,362m in 2019).

• Revenue is expected to show an annual growth rate
  (CAGR 2019-2023) of 3.7, resulting in a market
  volume of US31,517m by 2023.
• User penetration is 0.4 in 2019 and is expected
  to hit 0.4 by 2023

Source www.statista.com
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Worldwide Revenue in the Travel Tourism Market
by Segment

• Vacation Rentals
• Revenue in the Vacation Rentals segment amounts
  to US83,984m in 2019.
• The average revenue per user (ARPU) currently
  amounts to US108.05.
• In global comparison, most revenue is generated
  in the United States (US17,507m in 2019).

• Revenue is expected to show an annual growth rate
  (CAGR 2019-2023) of 3.7, resulting in a market
  volume of US97,010m by 2023.
• User penetration is 10.6 in 2019 and is expected
  to hit 11.0 by 2023.

Source www.statista.com
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Worldwide Revenue in the Travel Tourism Market
by Segment

• Hotels
• Revenue in the Hotels segment amounts to
  US368,359m in 2019.
• The average revenue per user (ARPU) currently
  amounts to US329.47.
• In global comparison, most revenue is generated
  in the United States (US87,000m in 2019).

• Revenue is expected to show an annual growth rate
  (CAGR 2019-2023) of 4.1, resulting in a market
  volume of US432,095m by 2023.
• User penetration is 15.2 in 2019 and is expected
  to hit 16.2 by 2023.

Source www.statista.com
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Worldwide Revenue in the Travel Tourism Market
by Segment

• Package Holidays
• Revenue in the Package Holiday segment amounts to
  US205,504m in 2019.
• The average revenue per user (ARPU) currently
  amounts to US453.17.
• In global comparison, most revenue is generated
  in the United States (US38,396m in 2019).

• Revenue is expected to show an annual growth rate
  (CAGR 2019-2023) of 4.1, resulting in a market
  volume of US241,035m by 2023.
• User penetration is 6.2 in 2019 and is expected
  to hit 6.3 by 2023.

Source www.statista.com
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About Blue Whale Academy
8
About Blue Whale Academy

• Blue Whale Academy has many years of work
  experience in conducting travel tourism related
  courses.
• The academy is well recognised by the industry
  for its intensive professional training and
  making students employable at various levels in
  the travel tourism industry
• The academy has trained hundreds of students in
  various courses including university programs
  such as BBA, MBA, PGDM
• Blue Whale Academy has a track record of nearly
  100 placement

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About Blue Whale Academy

• Blue Whale Academy is an accredited training
  partner of NSDC (National Skills Development
  Corporation), Govt. of India for addressing the
  skill requirement of the travel industry and for
  preparing students for job specific courses
  through its short term courses.
• Blue Whale Academy is the educational partner of
  DY Patil University (School of Open and Distance
  Learning) for conducting courses to prepare
  students who aspire for University Bachelors
  Degree in Management in different streams such as
  Travel, Tourism, Hospitality, Aviation, and
  general BBA.

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Blue Whale Academy Courses

• TOURISM HOSPITALITY MANAGEMENT COURSES
• DY Patil University
• BBA in Travel Tourism
• Click here to know more http//www.bluewhaleacade
  my.com/courses/dy-patil-university/bba-in-travel-a
  nd-tourism
• BBA in Aviation
• Click here to know more http//www.bluewhaleacade
  my.com/courses/dy-patil-university/bba-in-aviation
  
• BSc in Hospitality Studies
• Click here to know more http//www.bluewhaleacade
  my.com/courses/dy-patil-university/bsc-in-hospital
  ity-studies
• BBA Bachelor of Business Administration
• Click here to know more http//www.bluewhaleacade
  my.com/courses/dy-patil-university/bbaE28093bac
  helor-of-business-administration

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Blue Whale Academy Courses

• TOURISM HOSPITALITY MANAGEMENT COURSES
• NSDC CERTIFICATION
• Travel Consultant
• Click here to know more http//www.bluewhaleacade
  my.com/courses/nsdc-skills-certification/travel-to
  urism-consultant
• Ticketing Consultant
• Click here to know more http//www.bluewhaleacade
  my.com/courses/nsdc-skills-certification/airfare-t
  icketing-consultant

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Blue Whale Academy Courses

• TOURISM HOSPITALITY MANAGEMENT COURSES
• UK OVERSEAS DIPLOMA COURSES
• CTH Level 4 - Diploma Tourism Management
• Click here to know more http//www.bluewhaleacade
  my.com/courses/international-cth-certification/lev
  el-4-diploma-in-hospitality-and-tourism-management
  
• CTH Level 7 - Extended Post Graduate Diploma
  Hospitality Tourism Management
• Click here to know more http//www.bluewhaleacade
  my.com/courses/international-cth-certification/lev
  el-4-diploma-in-hospitality-and-tourism-management

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Blue Whale Academy Courses

• TOURISM HOSPITALITY MANAGEMENT COURSES
• VIRGIN ATLANTIC COURSES
• VA 1 - CTH Level 2 Fares Ticketing
• Click here to know more http//www.bluewhaleacade
  my.com/courses/virgin-atlantic-certified/va-1-cth-
  level-2-fares-and-ticketing

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Blue Whale Academy Courses

• TOURISM HOSPITALITY MANAGEMENT COURSES
• VIRGIN ATLANTIC COURSES
• OTHM - Level 7 Diploma in Tourism and Hospitality
  Management (PG Level)
• Click here to know more http//www.bluewhaleacade
  my.com/courses/othm

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Blue Whale Academy Courses

• AVIATION, AIRLINE HOSPITALITY COURSES
• NSDC CERTIFICATION
• Advance Certificate Course in Cabin Crew,
  Hospitality Tourism Management
• Click here to know more http//www.bluewhaleacade
  my.com/courses/aviation-hospitality-management/cab
  in-crew-airport-operations-hospitality-management-
  course
• Certificate Course in Airport Operations
  Hospitality Management
• Click here to know more http//www.bluewhaleacade
  my.com/courses/aviation-hospitality-management/air
  port-operations-hospitality-management-course
• Certificate Course in Air Cargo Courier
  Operations
• Click here to know more http//www.bluewhaleacade
  my.com/courses/aviation-hospitality-management/air
  -cargo-courier-operations

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