Low Cost Evolution - Thematic Research

Low Cost Evolution - Thematic Research



Travel, especially international travel, was once confined to the wealthy but, as airfares have decreased and hotels have become more affordable, travel companies have been able to target a wider range of customers. The industry now encompasses every type of traveler, from budget to ultra-luxury, but every segment has to be treated separately as they each come with their own opportunities and challenges.

Low cost evolution began to accelerate in the 1990s as low cost carriers (LCCs) expanded and the internet allowed travelers more autonomy over their holiday bookings. Booking.com and Expedia were both established in 1996 and have been increasing in popularity since.

The rise in demand for cheap flights has resulted in an array of LCC operators; Ryanair and easyJet are two of the forerunners, along with Southwest in the US and AirAsia in Asia. In terms of accommodation, AccorHotels is a leader across multiple price bands, managing six economy brands including Ibis and BreakFree.

Hostels and motels are alternatives to traditional hotels and chains such as Nomads and Super 8 (a Wyndham brand) are focused on low prices. Indian hospitality company OYO is a company to watch and could be a very important player in this theme if its ambitions work out as planned.

Low-cost long-haul is a difficult segment to master. Short-haul flights are better suited towards the low-cost business model because of efficient utilization of time and quick turn arounds. However, in long-haul flights, fuel cost is a larger portion of expenses and travelers typically expect more when they travel long haul so can become more agitated at poor service.

Scope

- This report provides an overview of low cost evolution as a theme within the travel & tourism industry.
- It clearly defines and explains the concept of low cost evolution in the context of the airlines and hotels markets.
- It identifies the opportunities available for companies offering budget products and services and assesses how these can best be exploited.
- It provides an inisght into the purchaser profile of budget tourism services.
- It presents a number of real-world case studies that clearly illustrate low cost evolution in action.

Reasons to buy

- Understand what low cost evolution is
- Understand who buys such services
- Learn about the opportunities that low cost evolution presents for players in the hotels and airlines industries
- Identify key case studies to understand how low cost operating models work in reality.

PLAYERS
TRENDS
Macroeconomic trends
Low cost evolution trends in travel and tourism
CASE STUDIES
THEMATIC ANALYSIS
Hotels
Airlines
Timeline
Mergers and acquisitions
IMPACT OF LOW-COST EVOLUTION ON THE TRAVEL AND TOURISM INDUSTRY
Recommendations for travel and tourism companies
COMPANIES SECTION
Publicly traded companies
Private companies
GLOSSARY
APPENDIX: OUR THEMATIC RESEARCH METHODOLOGY

COVID-19 Outbreak-Global Halloween Costumes Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020

Halloween Costumes refers to costumes for people in Halloween. This type of clothing is generally role-playing, which is more exaggerated.The Halloween Costumes market revenue was xx.xx Million USD in 2019,

USD 3660 View Report

COVID-19 Outbreak-Global Meltblown Nonwoven Fabrics Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020

The Meltblown Nonwoven Fabrics market revenue was xx.xx Million USD in 2019, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2020-2025.Under COVID-19 outbreak globally,

USD 3660 View Report

Global Low Cost Airlines Market Report 2019 - Market Size, Share, Price, Trend and Forecast

The global market size of Low Cost Airlines is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the

USD 4000 View Report

Asia Pacific Low Cost Airlines Market Report (2014-2024) - Market Size, Share, Price, Trend and Forecast

Abstract:The Asia Pacific Low Cost Airlines market size is $XX million USD in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million USD

USD 3000 View Report

Fill The Form For Sample Request

Note : * Kindly provide us with your company id and get the sample reports at the earliest.

There is no Reviews available