Market Research Report
Car Rental (Destination) in Saudi Arabia
|Published by||Euromonitor International||Product code||969790|
|Published||Content info||19 Pages
Delivery time: 1-2 business days
|Car Rental (Destination) in Saudi Arabia|
|Published: November 3, 2020||Content info: 19 Pages||
Border closures and travel restrictions have caused the demand for car rentals (destination) to plummet in Saudi Arabia in 2020. With restrictions on movement within the Kingdom during the nationwide lockdown, along with the steep drop in numbers of international tourists due to border closures, the demand for car rental dropped sharply from the end of the first quarter, with rental sales falling to rock bottom by the second quarter. The sudden decline in the number of tourists has caused car re...
Euromonitor International's Car Rental (Destination) in Saudi Arabia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2024 illustrate how the market is set to change.
Product coverage: Business Car Rental, Car Rental Offline, Car Rental Online, Insurance Replacement Car Rental, Leisure Car Rental.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
List OF CONTENTS AND TABLES
KEY DATA FINDINGS
Travel restrictions cause demand for car rentals to plummet
Car rental companies try to reallocate drivers, but falling revenues result in lay-offs
RECOVERY AND OPPORTUNITIES
Drop in demand for business travel causes car rental sales to dry up with slow recovery expected into the forecast period
Ban lift on women driving and rise in online services will offer opportunities for car rental growth into the forecast period
COVID-19 impact on travel
COVID-19 country impact
Company response to COVID-19: Airlines and hotels
Impact of COVID-19 on online bookings and travel intermediaries
What next for travel?
CHART 1 Inbound Receipts: 2020-2025
CHART 2 Average Spend per Trip for Inbound Arrivals: 2020-2025
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT