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Market Research Report

Europe Tourism and Boutique Hotel Market by type, by hotel type, by application 2025

Published by Blueweave Consulting & Research Private Limited Product code 948237
Published Content info 83 Pages
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Europe Tourism and Boutique Hotel Market by type, by hotel type, by application 2025
Published: May 20, 2020 Content info: 83 Pages
Description

Europe Tourism Market will propel by the rise in need for continuous power supply across all sector

The Europe Tourism market has reached USD 895,727.82 Million and is expected to grow nearly at a CAGR of above 5.8% to reach USD 1,295,914.51 by 2026.

Tourism plays a crucial role in European regions, adding to job and resource growth, sustainable development, improved cultural heritage, and influencing the European identity. Tourism-created infrastructure contributes more generally to local economic development, thus generating (or maintaining) jobs and helping to offset the decline in the industrial sector. The Tourism industry in European Countries makes a significant contribution to its economies. In previous years, Travel & Tourism supported 33.5 million jobs and 9.3% of total European GDP. By 2025, the Tourism industry's total economic contribution is estimated to grow to 38 million jobs and 9.9% of total European GDP. Also, Tourism will be a key to economic recovery for countries hit hardest by recession and crisis, including Greece, Spain, and Portugal.

With the advancement in technology, traveling has become more comfortable as compared to previous years. The Internet has helped people to know about different countries, cultures, languages and has increased the desire to travel. With an increase in disposable income across the world and government initiatives of different countries to attract people is expected to drive the European tourism market. However, increasing crimes against tourists and growing threats to terrorism is the major restraint of the European tourism market.

Increase in disposable income is the growth driver for the Europe Tourism market

With the rise in disposable income across the globe, there is a rise in tourism. This is due to wage rises, and partly due to a decline in the price of essential goods such as food and clothing. Most households now have two income earners instead of one, have fewer children, and often have a private mode of transport. All of these factors will contribute to the development of the European tourism industry.

Technological advancement is the growth driver for the Europe Tourism market

The technological advancement will be the most significant driving force in customer experience customization over the next few years. The Internet of Things (IoT) provides essential features for the tourism industry. These include the inclusion of internet-connected sensors inside things such as vehicles, suitcases, buildings, and more. Many hotels offer their guests an app that allows them to engage with the room's thermostat or control the room's TV.

The international segment will contribute to the significant growth rate in the Europe Tourism market

International visitors to Europe are rising from all over the world. Tourism grew faster for the seventh consecutive year than retail exports, reducing trade deficits for many countries in Europe. A Europe is a continent with centuries of history, a rich cultural heritage and some of the most beautiful sceneries in the world the international tourist will continue to grow.

The adventure segment will contribute to the significant growth rate in the Europe Tourism market.

As travelers pursue new and different experiences, adventure tourism continues to grow in acceptance. Adventure tourism is a tourist activity that includes physical activity, a cultural exchange, or activities associated with nature. Not necessarily associated with base jumping or go scuba diving with sharks to be an adventure tourist (though those activities absolutely qualify). Adventure tourism is about connecting with a new culture or unique scenery.

France is expected to register significant growth in the Europe Tourism market

France is projected to grow at the highest CAGR in forecast years. Due to the increase in a visit to the Eiffel Tower, a symbol of Paris, is one of the most famous landmarks in the world. This feat of creativity is a structure made of 8,000 metal parts, crafted by Gustave Eiffel as a temporary display for the 1889 World Fair. Also, due to the presence of the Louvre museum in the former royal palace of French Kings, which ranks among the top European collections of fine arts. Many of the most famous works of Western Civilization are found here, including Leonardo, DaVinci's, Mona Lisa, Veronese's Wedding Feast at Cana, and the Venus de Milo sculpture from the 1st century BC.

Competitive Landscape

The Europe Tourism Market is dominated by many players, amongst them, the significant players are Intrepid Travel, Abercrombie & Kent, Topdeck, Globus Journey, Trafalgar, Topdeck, Insight Vacation, Penguin Travel, G Adventures, Tauck, Butterfield & Robinson, Zegrahm Expeditions and Other prominent players.

Table of Contents
Product Code: BWC20089

Table of Contents

1. Research Framework

  • 1.1. Research Objective
  • 1.2. Product Overview
  • 1.3. Market Segmentation

2. Research Methodology

  • 2.1. Qualitative Research
    • 2.1.1. Primary & Secondary Sources
  • 2.2. Quantitative Research
    • 2.2.1. Primary & Secondary Sources
  • 2.3. Breakdown of Primary Research Respondents, By Region
    • 2.3.1. Secondary Research
    • 2.3.2. Primary Research
  • 2.4. Breakdown of Primary Research Respondents
  • 2.5. Market Size Estimation
  • 2.6. Assumption for The Study
  • 2.7. Market Breakdown & Data Triangulation

3. Executive Summary

4. Europe Tourism Insights

  • 4.1. Industry Value Chain Analysis
  • 4.2. DROC Analysis
    • 4.2.1. Growth Drivers
    • 4.2.2. Restraints
    • 4.2.3. Opportunities
    • 4.2.4. Challenges
  • 4.3. Technological Landscape/Recent Development
  • 4.4. Regulatory Framework
  • 4.5. Company Market Share Analysis,2019
  • 4.6. Porter's Five forces analysis
    • 4.6.1. Bargaining Power of Suppliers
    • 4.6.2. Bargaining Power of Buyers
    • 4.6.3. Threat of New Entrants
    • 4.6.4. Threat of Substitutes
    • 4.6.5. Intensity of Rivalry
  • 4.7. PESTEL Analysis

5. Europe Tourism Market Overview

  • 5.1. Market Size & Forecast by Value, 2015-2025
    • 5.1.1. By Value (USD)
  • 5.2. Market Share & Forecast 2015-2025
    • 5.2.1. By Type
      • 5.2.1.1. Local/Domestic
      • 5.2.1.2. International
    • 5.2.2. By Purpose
      • 5.2.2.1. Adventure
      • 5.2.2.2. Business
      • 5.2.2.3. Medical
      • 5.2.2.4. Religious
      • 5.2.2.5. Others
    • 5.2.3. By Country
      • 5.2.3.1. France
      • 5.2.3.2. Spain
      • 5.2.3.3. Italy
      • 5.2.3.4. United Kingdom
      • 5.2.3.5. Germany
      • 5.2.3.6. Turkey
      • 5.2.3.7. Austria
      • 5.2.3.8. Greece
      • 5.2.3.9. Others

6. Company Profile (Company Overview, Financial Matrix, Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *

  • 6.1. Intrepid Travel
  • 6.2. Abercrombie & Kent
  • 6.3. Topdeck
  • 6.4. Globus Journey
  • 6.5. Trafalgar
  • 6.6. Topdeck
  • 6.7. Insight Vacation
  • 6.8. Penguin Travel
  • 6.9. G Adventures
  • 6.10. Tauck
  • 6.11. Butterfield & Robinson
  • 6.12. Zegrahm Expeditions
  • 6.13. Other prominent players

List of Figures:

Fig: Europe Tourism Segmentation

Fig: Europe Tourism Market Value Chain Analysis

Fig: Europe Tourism Market Share Analysis, 2018

Fig: Europe Tourism Market Size, By Value (USD Million), 2015-2025

Fig: Europe Tourism Market Share, By Type, By Value, 2015-2025

Fig: Europe Tourism Market Share, By Purpose, By Value, 2015-2025

Fig: Europe Tourism Market Share, By Country, By Value, 2015-2025

Fig: France Tourism Market Size, By Value (USD Million), 2015-2025

Fig: France Tourism Market Y-o-Y Growth, By Value, 2017-2026

Fig: France Tourism Market Share, By Type, By Value, 2015-2025

Fig: France Tourism Market Share, By Purpose, By Value, 2015-2025

Fig: Spain Tourism Market Size, By Value (USD Million), 2015-2025

Fig: Spain Tourism Market Y-o-Y Growth, By Value, 2017-2026

Fig: Spain Tourism Market Share, By Type, By Value, 2015-2025

Fig: Spain Tourism Market Share, By Purpose, By Value, 2015-2025

Fig: Italy Tourism Market Size, By Value (USD Million), 2015-2025

Fig: Italy Tourism Market Y-o-Y Growth, By Value, 2017-2026

Fig: Italy Tourism Market Share, By Type, By Value, 2015-2025

Fig: Italy Tourism Market Share, By Purpose, By Value, 2015-2025

Fig: United Kingdom Tourism Market Size, By Value (USD Million), 2015-2025

Fig: United Kingdom Tourism Market Y-o-Y Growth, By Value, 2017-2026

Fig: United Kingdom Tourism Market Share, By Type, By Value, 2015-2025

Fig: United Kingdom Tourism Market Share, By Purpose, By Value, 2015-2025

Fig: Germany Tourism Market Size, By Value (USD Million), 2015-2025

Fig: Germany Tourism Market Y-o-Y Growth, By Value, 2017-2026

Fig: Germany Tourism Market Share, By Type, By Value, 2015-2025

Fig: Germany Tourism Market Share, By Purpose, By Value, 2015-2025

Fig: Turkey Tourism Market Size, By Value (USD Million), 2015-2025

Fig: Turkey Tourism Market Y-o-Y Growth, By Value, 2017-2026

Fig: Turkey Tourism Market Share, By Type, By Value, 2015-2025

Fig: Turkey Tourism Market Share, By Purpose, By Value, 2015-2025

Fig: Austria Tourism Market Size, By Value (USD Million), 2015-2025

Fig: Austria Tourism Market Y-o-Y Growth, By Value, 2017-2026

Fig: Austria Tourism Market Share, By Type, By Value, 2015-2025

Fig: Austria Tourism Market Share, By Purpose, By Value, 2015-2025

Fig: Greece Tourism Market Size, By Value (USD Million), 2015-2025

Fig: Greece Tourism Market Y-o-Y Growth, By Value, 2017-2026

Fig: Greece Tourism Market Share, By Type, By Value, 2015-2025

Fig: Greece Tourism Market Share, By Purpose, By Value, 2015-2025

Fig: Others Tourism Market Size, By Value (USD Million), 2015-2025

Fig: Others Tourism Market Y-o-Y Growth, By Value, 2017-2026

Fig: Others Tourism Market Share, By Type, By Value, 2015-2025

Fig: Others Tourism Market Share, By Purpose, By Value, 2015-2025

List of Tables:

Table: Europe Tourism Market Size, By Type, By Value, 2015-2025

Table: Europe Tourism Market Size, By Purpose, By Value, 2015-2025

Table: France Tourism Market Size, By Type, By Value, 2015-2025

Table: France Tourism Market Size, By Purpose, By Value, 2015-2025

Table: Spain Tourism Market Size, By Type, By Value, 2015-2025

Table: Spain Tourism Market Size, By Purpose, By Value, 2015-2025

Table: Italy Tourism Market Size, By Type, By Value, 2015-2025

Table: Italy Tourism Market Size, By Purpose, By Value, 2015-2025

Table: United Kingdom Tourism Market Size, By Type, By Value, 2015-2025

Table: United Kingdom Tourism Market Size, By Purpose, By Value, 2015-2025

Table: Germany Tourism Market Size, By Type, By Value, 2015-2025

Table: Germany Tourism Market Size, By Purpose, By Value, 2015-2025

Table: Turkey Tourism Market Size, By Type, By Value, 2015-2025

Table: Turkey Tourism Market Size, By Purpose, By Value, 2015-2025

Table: Austria Tourism Market Size, By Type, By Value, 2015-2025

Table: Austria Tourism Market Size, By Purpose, By Value, 2015-2025

Table: Greece Tourism Market Size, By Type, By Value, 2015-2025

Table: Greece Tourism Market Size, By Purpose, By Value, 2015-2025

Table: Others Tourism Market Size, By Type, By Value, 2015-2025

Table: Others Tourism Market Size, By Purpose, By Value, 2015-2025

Table: Intrepid Travel Financial Analysis

Table: Abercrombie & Kent Financial Analysis

Table: Topdeck Financial Analysis

Table: Globus Financial Analysis

Table: Trafalgar Financial Analysis

Table: Topdeck Financial Analysis

Table: Insight Vacation Financial Analysis

Table: Penguin Travel Financial Analysis

Table: G Adventures Financial Analysis

Table: Tauck Financial Analysis

Table: Butterfield & Robins

Table: Zegrahm Expeditions

Table: Other prominent play

  • Financial Details Not Be Captured in Case of Unlisted Companies
  • *The segmentation and the companies are subjected to modifications based on the in-depth secondary for the final deliverable
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