Tourismin USA
USA Market Research and Industry Report
27 November 2007
Industry Code : NN002
Tourism is the business of providing services to international and domestic visitors (whether on day or overnight trips). "Tourism" is defined broadly in the international standards to include visitors whose primary travel purpose includes business, convention/conference travel, are on government business, as well as the more familiar tourism for leisure/holiday and to visit friends and relatives. The Bureau of Economic Analysis (BEA) evaluates the economic significance of the tourism industry in terms of expenditure by visitors, based on its direct and secondary (or secondary multiplier effects) on industries. The major industries that directly benefit from tourism expenditure include: domestic and international air transport, accommodation, food, services and drinking places, automotive rental and travel agents and tour arrangers. These six industries account for about 61 % of the directly related output of the tourism industry. Other important linked industries, include gambling, cultural events, sports and gas and retail, sales. This report largely concentrates on the major directly linked industries, as outlined above, in analyzing the current and future trends relating to the Tourism Industry.
The major products and services in this industry are:
| - | Food Services and Drinking Places |
| - | Traveler Accommodation |
| - | Retail Trade |
| - | Domestic Passenger Air Transport Services |
| - | Other |
| - | Travel Arrangement and Reservations |
| - | Gambling |
| - | International Passenger Air Transport Services |
| - | Automotive Rentals |
| - | Gasoline |
| - | Spectator and Participant Sports |
| - | Scenic and Sightseeing Services | |
The primary activities of this industry are:
| - | Traveler Accommodation |
| - | Domestic airlines |
| - | International airlines |
| - | Food services and Drinking Places |
| - | Automotive Rental |
| - | Travel Agents and Tour Arrangers | |
IBISWorld research reports contain trend analysis, statistics, market size information, industry growth rates as well as market share of competitors.
Major market segments are identified and also those forces affecting demand and supply within the industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information IBISWorld also provides 5 year forecasts for each industry.
Each comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.
Each comprehensive study also examines details such as the barriers to entry, operating cost structure (including averages), technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic location.
