Slow but steady economic growth continues to provide a solid foundation for Europe’s travel market. Despite continuing terrorism fears and concerns over the implications of the U.K.’s exit from the EU, gross travel bookings were projected to hit new highs in 2016, with advances driven by online bookings – especially mobile. The European Online Travel Overview Twelfth Edition Market Sheet contains, in spreadsheet format, the major sizing data figures published in Phocuswright's European Online Travel Overview Twelfth Edition report, with quick and easy access to data on key travel markets, segments and distribution channels.Analysts: David Juman, Ralph Merten, Friederike WinkowskiTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & Packages, Traditional Agencies & TMCsRegion: EuropeResearch Type: Report
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Phocuswright's European Online Travel Overview Tenth Edition provides comprehensive analysis, sizing and forecasts for the region's total and online leisure and unmanaged business travel markets. The report examines key segments and channels, with a focus on six major geographical markets: France, Germany, Italy, Scandinavia, Spain and the U.K.Here are the hard facts about the Europe travel market in easy-to-use tables.Analysts: Luke Bujarski, Colie HoffmanTopic: Market Overview & SizingRegion: EuropeResearch Type: Report
The French travel market got back on the road to recovery in 2015. Fueled largely by online travel gains, gross bookings were projected to grow 2.9%, reversing the previous year’s losses. With the exception of a nearly flat performance among tour operators, all segments are displaying moderate growth. Despite continuing economic and political challenges – and lingering uncertainty in the aftermath of the most recent terrorist attacks in Paris – the overall sentiment is positive.Analysts: Peter O'Connor, Charuta Fadnis, Cathy WalshTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Cruise, Hotels & Lodging, Online Travel Agencies, Rail, Tours & PackagesRegion: EuropeResearch Type: Report
Rising consumer confidence in Germany is contributing to notable gains in travel, and by 2017, Europe’s largest travel market will approach €60 billion in revenue. While online travel penetration in Germany still lags the European average, the Internet is becoming a critical travel research and booking tool. In 2015, Germany’s online travel bookings are projected to jump 9%, driven in part by advances in mobile bookings across all segments.Analysts: Felica Eisenbeis, Charuta Fadnis, Ralph Merten, Karen BurkaTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & Packages, Traditional Agencies & TMCsRegion: EuropeResearch Type: Report
As the region’s economic recovery continues, the European travel market is expanding, fueled by strong growth in online bookings. European travelers embrace digital channels for travel booking, and Europe is now the top spot globally for online adoption. The European Online Travel Overview Eleventh Edition Market Sheet contains, in spreadsheet format, the major sizing data figures published in Phocuswright's European Online Travel Overview Eleventh Edition report, with quick and easy access to data on key travel markets, segments and distribution channels.Analysts: Ralph Merten, Charuta Fadnis, Lorraine SileoTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Cruise, Hotels & Lodging, Online Travel Agencies, Rail, Tours & Packages, Traditional Agencies & TMCsRegion: EuropeResearch Type: Report
Following years of austerity and fiscal turmoil, Spain has emerged as a darling among European economies. A revitalized travel industry, buoyed by consecutive years of record-breaking inbound tourism, is boosting employment and breathing new life into the country’s vacation hotspots. The Spanish travel market is projected to climb 7% in 2015, with similar annual advances through 2017.Analysts: Fabian Gonzalez, Charuta Fadnis, Cathy WalshTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & PackagesRegion: EuropeResearch Type: Report
With Italy’s economy finally heading into positive territory, and consumer confidence rising as a result, there is good reason to be optimistic about the future of the country’s travel market. Gross bookings increased 1% in 2014, and will improve another 2% in 2015. Every travel segment will see revenue growth in 2015 – with the exception of Italy’s traditional airlines, which continue to struggle in the face of strong competition from low-cost carriers (LCCs) and foreign airlines.Analysts: Stanislas Feminier, Charuta Fadnis, Karen BurkaTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & PackagesRegion: EuropeResearch Type: Report
The U.K. travel market has performed well in 2015, as both the local economy and global markets gain momentum. Bolstered by an upbeat economic outlook and accelerated domestic consumer spending, suppliers are responding to an uptick in demand by investing in new facilities, products, services and online strategies. Despite pressure from both traditional competitors and disruptive newcomers, U.K. travel suppliers across segments are expected to grow through 2017.Analysts: Luke Bujarski, Charuta FadnisTopics: Market Overview & Sizing, MobileSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, RailRegion: EuropeResearch Type: Report
Europe’s economy continues to recover from the recession. Thanks in part to increased consumer spending, the region’s travel industry reached new heights in 2015, driven by exceptional growth in the online market. Phocuswright's European Online Travel Overview Eleventh Edition: Market Size and Trends provides comprehensive sizing and forecasts for total and online leisure and unmanaged business travel in Europe, and examines the key segments, channels and trends shaping the market.Analysts: Charuta Fadnis, Ralph Merten, Friederike WinkowskiTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Cruise, Hotels & Lodging, Online Travel Agencies, Rail, Tours & PackagesRegion: EuropeResearch Type: Report
Bolstered by economic prosperity and low unemployment rates, Germany held fast as Europe’s largest travel market in 2013. Despite high Internet penetration and the importance of travel to German culture, online travel penetration in Germany is low compared to other European markets. German airlines faced losses in 2013, but regained ground in 2014 through cost cuts and restructuring. Hotels continue to grow steadily. Overall growth for rail was flat in 2013, but online bookings became the primary sales channel for Deutsche Bahn, the country’s dominant operator. Through 2016, each of Germany’s travel segments will see a shift from offline to online distribution.Analyst: Ralph MertenTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & PackagesRegion: EuropeResearch Type: Report