The size of the group travel market should reach $ +550 billion by 2024, registering a CAGR of + 6.0% from 2019 to 2024. According to the UNWTO, tourism is a social, cultural and economic phenomenon that involves the movement of persons, whether for personal or professional purposes, in countries or places outside their normal environment. In recent years, the tourism sector has grown seamlessly, making it one of the fastest-growing economies in the world. The influx of international tourists has grown steadily over the years, from 25 million in 1950 to 670 million in 2000. In 2012 it reached one billion. In 2017, the arrival of international tourists increased by a substantial 7%, bringing total arrivals to $ 1.3 billion. Furthermore, the number of international tourists in 2018 increased by 6%, with a total of 1.4 billion arrivals worldwide.
Leisure, leisure and holiday travel groups are called leisure groups. This includes group travel for leisure and recreation. Discover local tourist attractions, relax on the beaches or stay in ideal resorts and hotels. Traveling from the nineteenth century onwards, however, the current tourism industry has grown exponentially. People are now venturing out of their hectic lifestyle to relieve and relieve stress. As a result, travelers are looking for different ways to improve their travel experience, which includes recreational activities, spiritual activities, and cultural activities.
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Key Market Segments:
Key Market Player:
EXO Travel, Thomas Cook (India) Limited, G2 Travel, Apollo Asia Travel Group (AATG), Destination Asia, Expedia, Inc. Miki Travel Limited, Trafalgar, and ASIA DMC
By Group Type
- Leisure Group
- Special Interest Group
- High-End Group
- Incentive Travel
By Sales Channel
- Travel Agencies
- Tour Operators
- North America
- The U.S.
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East
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Table of Content:
Chapter 2 Global Economic Impact on Group Travel Industry
Chapter 3 Global Group Travel Market Competition by Manufacturers
Chapter 4 Global Group Travel Production, Revenue (Value) by Region (2012-2018)
Chapter 5 Global Group Travel Supply (Production), Consumption, Export, Import by Regions (2012-2018)
Chapter 6 Global Group Travel Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Group Travel Market Analysis by Application
Chapter 8 Group Travel Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Group Travel Market Forecast (2018-2023)
Chapter 13 Appendix
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