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January 14, 2015
As we prepare for the year ahead, we are continually looking for ways to better serve our clients. Our number one goal is to keep you as informed and up-to-date on your Profound service as possible. In order to do that effectively, we would love to get your input on the type of content you want to see in our monthly emails. To share your feedback, please take this quick, 30-second survey.
Plus, take a look at our latest publisher updates and email archives included below. And, as always, if you have any questions regarding the content on Profound, please contact your Account Manager.
Paul Ricketts Marketing Manager
New Publisher: Travel & Tourism Intelligence Center Research
The Travel and Tourism Intelligence Center offers clients the ability to understand market and competitor dynamics by providing in-depth market data and analysis for companies, countries and regions. Their expert team of analysts have years of experience within the industry and also have unique access to key opinion leaders via industry panels, extensive market contacts and social media monitoring capabilities. They provide the most complete and continuously updated data, analysis and forecasts for those working in or with the travel and tourism industry worldwide. The Travel and Tourism Intelligence Center provides historical data and five-year forecasts on more than 70 major markets. They focus on tourism demand and flows and economic impact, as well as providing comprehensive data covering major sectors, including: hotels, airlines, travel intermediaries and car rental.
The US is the largest global market in terms of inbound tourist expenditure, which increased from US$119.3 billion in 2009 to US$170.9 billion in 2013, at a CAGR of 9.39%. Growth has been due to various international campaigns, such as the Brand USA campaign, and the promotional initiatives undertaken by the US in other countries such as Germany and Canada.
The global luxury hotels market's performance has recovered from the slowdown recorded at the beginning of the historic period (2009-2013) due to the financial crisis and recession. Overall, growth was recorded in the four markets - Americas, Asia-Pacific, Europe, Middle East and Africa - across all key performance indicators (KPIs) during the historic period. Growth is expected to continue over the forecast period (2014-2018) supported by the rise in tourism flows and expenditure.
The global car rental market performed well during the historic period. Overall, growth was recorded in the four regions – Americas, Asia–Pacific, Europe, Middle East and Africa – across all key performance indicators (KPIs) during the historic period. This is expected to continue over the forecast period, supported by the rise in tourism flows and expenditure. According to the Travel &Tourism intelligence center (TTIC) analysis based on 40 countries around the world, the US was the leader in the car rental market in terms of both market value and fleet size. The US recorded US$28.6 billion market value in 2013, which is more than six times that of its competitor, Japan, which recorded US$4.2 billion market value in 2013.
2014 Profound Newsletter Archives
In May of 2014, we began sending monthly updates to help keep our Profound users informed on the latest content additions, usage tips and announcements. In case you missed anything, check out our past emails: