Ask Your Local Travel Guru: What's New on Travel Industry Wire?

Ask Your Local Travel Guru: What's New on Travel Industry Wire?

As a travel traveler for many years, I have seen travel industry thread customization in so many ways. As you already know, we now live in a world of immediate and endless amounts of information, just at our fingertips. Like all else, the travel industry has adapted, cultivated and cultivated a new identity with our present-day information world. Until the beaches begin to disappear and people can be teleported throughout the continent, there will always be wishes and need to visit our usual and new destinations.

The travel industry plays an important role in the world economy. In 2015, the travel industry forecasts that global GDP will grow by 3.7% and employment by 2.6%. This shows the sectors lasting ability to generate economic growth and create jobs at a faster pace than the global economy, which is due to grow by 2.9% in 2015. By the end of 2015, the travel and tourism sector will contribute 7 606 billion US dollars dollars, 10% of global GDP, when all direct, indirect and induced effects are taken into account. The sector will account for 284 million jobs, 9.5% of total employment, or one in ten of all jobs on the planet. By 2025, the global travel and tourism sector is expected to contribute 357 million jobs and generate $ 11.4 billion. Ask your favorite travel guru and he will show you the various components that all contribute to these huge amounts. Let's see what the travel industry says:

Hotel Industry

Among all sectors of the travel and tourism industry, Hotel is one of the largest fragments. Travel industry wire explains that hotel generated a global of $ 457 billion in 2014. Your travel guru has likely coordinated a new trip in the Intercontinental Hotels Group. The company contributed the highest revenue and earned $ 22.8 billion. Only in the US, total revenues in the hotel industry rose to $ 163 billion. Most tourists visiting the United States (65.1%) choose to stay in a hotel where average daily is a healthy $ 121.30.

Aerospace industry

Although the major companies, the leading sector, always change names and aircraft, the industry grew a lot of USD 783 billion in 2014. Your travel guru may have wised about some of the non-performing airlines, but the industry continues to grow in line with 7, 4% each year. The travel store shows that Europeans, Americans, Chinese and Brazilians combine the top contributors to the market.

cruise industry

Cruises have continually become a popular choice of travel in recent years. These are a simple sale for your local travel guru. The luxury ocean lines, offering food, fun and music for the whole family have created a loyal collection that continues to grow. Due to the growth of 6.55% each year, cruise lines have positioned their company's growth strategies by building larger capacity vessels, diversification of ships, more local ports and more destinations. The travel store shows that the average cruise traveler spends about $ 1728.00 each year, with over 22 million people jumping at the floating palace. The cruise industry contributes about $ 39.6 billion in 2014 and is ready for a solid increase of 6-7%.

Online travel market

Any travel giant, along with travel industry wire statistics, will tell you that the online travel industry has EXPLODED over the last 5 years and will only continue to skyrocket. As more and more people use smartphones and because these smartphones continue to develop into personal supercomputers, the more information we have the more we want. Online travel revenue amounted to $ 340 billion in 2011, worldwide and 39% consisted of US bookings. Of course, data and information flow has contributed to the online travel industry, but hotel and hotel broker websites have been the main advocates of this boom. When everything comes to online information, bookings, etc., travel agents, travel agencies and all those involved in industry have jumped in. Rarely do you see a company that is dependent on the travel and tourism industry, which has not been adapted to the online market.

The future of the travel industry

Travel and tourism industry is a huge part of the global economy and will only continue to absorb market shares. The travel agency explains that the sectors and their respective technologies are developing rapidly, which gives the consumer process a much easier and faster meeting. Just ask your favorite travel giant.


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