Seasonal Vacation In US 2014: Travel Services
MarketResearchReports.Biz presents this most up-to-date research on "Research Report On Seasonal Vacation Market" Trends - US - June 2014
The explosive growth of peer-to-peer sites for renting or sharing homes, cars, and even meals has shaken up the hospitality industry, as hoteliers look over their shoulder at services such as Airbnb, HomeAway, HomeExchange, and Couchsurfing. While peer-to-peer services will continue to play a role in dampening prices at the lower end of the hotel market, they are unlikely to gain substantial share of the total accommodation market. The sharing economy will help to meet growing demand for authentic and local seasonal vacation experiences, potentially benefiting the vacation market as a whole.
Table of Content
Scope and Themes
What you need to know
Definition
Data sources
Sales data
Consumer survey data
Direct marketing creative
Abbreviations and terms
Abbreviations
Terms
Executive Summary
The market
Figure 1: Total US consumer expenditure and fan chart forecast of vacations and tourism at current prices, 2008-18
Market drivers
Figure 2: Consumer confidence, traveler sentiment, unemployment, annual averages, 2000-13, January-April 2014
Growth in senior population to drive increased vacationing
Technological innovations transforming travel
The consumer
Who is the seasonal vacation traveler?
Figure 3: Any vacations taken within the past 12 months, by seasons, by race/Hispanic origin, March 2014
Summer is primary vacation season
Figure 4: Vacations taken within the past 12 months, seasonal vacation plans for the next 12 months by seasons, March 2014
Travelers go farther in winter, stay longer in summer
Figure 5: Duration of seasonal vacations, by seasons, March 2014
Summer most popular time for travel with family
Figure 6: Vacation companions, by seasons, March 2014
Summer vacations mostly kid-friendly
Figure 7: Vacation types, by seasons, March 2014
Moms are primary vacation planners
What we think
Issues and Insights
Will the growth of the sharing economy transform the vacation market?
The issues:
The implications:
Is the middle-class squeeze hurting travel providers?
The issues:
The implications:
Do vacationers really want time to unplug?
The issues:
The implications:
Trend Applications
Trend: Who Are the Joneses?
Trend: Rebirth of Cities
Trend: Prepare for the Worst
Market Size and Forecast
Key points
More consumers planning vacation in 2014
Sales and forecast of vacations and tourism
Figure 8: Total US consumer expenditure of vacations and tourism, at current prices, 2008-18
Figure 9: Total US consumer expenditure of vacations and tourism, at inflation-adjusted prices, 2008-18
Fan chart forecast
Figure 10: Total US consumer expenditure and fan chart forecast of vacations and tourism at current prices, 2008-18
Market Drivers
Key points
Aging population positive driver for fall and spring vacation markets
Figure 11: Total US population by age, 2009-19
Disposable personal income has increased
Figure 12: Disposable personal income and personal savings rate, Jan. 1, 2000-Dec. 1, 2013
Growing inequality tempers positive impacts of economic recovery
Figure 13: Consumer confidence and unemployment, annual averages, 2000-13, January-April 2014
Higher-income households see biggest gains in financial security
Figure 14: Current household financial situation, December 2013 versus December 2012
Travel spend still recovering, but vacations are taking priority
Figure 15: Perceived change in spend on vacations in 2013 compared to prior years, January 2014
Figure 16: How extra money is spent, January 2014, January 2013, and July 2008
Consumer and expert views positive for travel industry
Figure 17: Traveler Sentiment Index, March 2007-February 2014
Travel prices rising modestly
Figure 18: US DOT National Level Domestic Average Airfares, 2000-13
Characteristics of Seasonal Vacationers
Key points
Income is a strong driver of vacationing
Figure 19: Any vacations taken within the past 12 months, by seasons, by gender, age, and household income, March 2014
Asians are avid vacationers
Figure 20: Any vacations taken within the past 12 months, by seasons, by race/Hispanic origin, March 2014
Kids drive vacations
Figure 21: Any vacations taken within the past 12 months, by seasons, by presence of children in household and children’s age and gender, March 2014
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The explosive growth of peer-to-peer sites for renting or sharing homes, cars, and even meals has shaken up the hospitality industry, as hoteliers look over their shoulder at services such as Airbnb, HomeAway, HomeExchange, and Couchsurfing. While peer-to-peer services will continue to play a role in dampening prices at the lower end of the hotel market, they are unlikely to gain substantial share of the total accommodation market. The sharing economy will help to meet growing demand for authentic and local seasonal vacation experiences, potentially benefiting the vacation market as a whole.
Browse Full Report With Toc: http://www.marketresearchreports.biz/analysis-details/seasonal-vacation-trends-us-june-2014
Table of Content
Scope and Themes
What you need to know
Definition
Data sources
Sales data
Consumer survey data
Direct marketing creative
Abbreviations and terms
Abbreviations
Terms
Executive Summary
The market
Figure 1: Total US consumer expenditure and fan chart forecast of vacations and tourism at current prices, 2008-18
Market drivers
Figure 2: Consumer confidence, traveler sentiment, unemployment, annual averages, 2000-13, January-April 2014
Growth in senior population to drive increased vacationing
Technological innovations transforming travel
The consumer
Who is the seasonal vacation traveler?
Figure 3: Any vacations taken within the past 12 months, by seasons, by race/Hispanic origin, March 2014
Summer is primary vacation season
Figure 4: Vacations taken within the past 12 months, seasonal vacation plans for the next 12 months by seasons, March 2014
Travelers go farther in winter, stay longer in summer
Figure 5: Duration of seasonal vacations, by seasons, March 2014
Summer most popular time for travel with family
Figure 6: Vacation companions, by seasons, March 2014
Summer vacations mostly kid-friendly
Figure 7: Vacation types, by seasons, March 2014
Moms are primary vacation planners
What we think
To Get Download Full Report with Toc: http://www.marketresearchreports.biz/sample/sample/207654
Issues and Insights
Will the growth of the sharing economy transform the vacation market?
The issues:
The implications:
Is the middle-class squeeze hurting travel providers?
The issues:
The implications:
Do vacationers really want time to unplug?
The issues:
The implications:
Trend Applications
Trend: Who Are the Joneses?
Trend: Rebirth of Cities
Trend: Prepare for the Worst
Market Size and Forecast
Key points
More consumers planning vacation in 2014
Sales and forecast of vacations and tourism
Figure 8: Total US consumer expenditure of vacations and tourism, at current prices, 2008-18
Figure 9: Total US consumer expenditure of vacations and tourism, at inflation-adjusted prices, 2008-18
Fan chart forecast
Figure 10: Total US consumer expenditure and fan chart forecast of vacations and tourism at current prices, 2008-18
To Read Complete Report with Toc: http://www.marketresearchreports.biz/analysis/207654
Market Drivers
Key points
Aging population positive driver for fall and spring vacation markets
Figure 11: Total US population by age, 2009-19
Disposable personal income has increased
Figure 12: Disposable personal income and personal savings rate, Jan. 1, 2000-Dec. 1, 2013
Growing inequality tempers positive impacts of economic recovery
Figure 13: Consumer confidence and unemployment, annual averages, 2000-13, January-April 2014
Higher-income households see biggest gains in financial security
Figure 14: Current household financial situation, December 2013 versus December 2012
Travel spend still recovering, but vacations are taking priority
Figure 15: Perceived change in spend on vacations in 2013 compared to prior years, January 2014
Figure 16: How extra money is spent, January 2014, January 2013, and July 2008
Consumer and expert views positive for travel industry
Figure 17: Traveler Sentiment Index, March 2007-February 2014
Travel prices rising modestly
Figure 18: US DOT National Level Domestic Average Airfares, 2000-13
Characteristics of Seasonal Vacationers
Key points
Income is a strong driver of vacationing
Figure 19: Any vacations taken within the past 12 months, by seasons, by gender, age, and household income, March 2014
Asians are avid vacationers
Figure 20: Any vacations taken within the past 12 months, by seasons, by race/Hispanic origin, March 2014
Kids drive vacations
Figure 21: Any vacations taken within the past 12 months, by seasons, by presence of children in household and children’s age and gender, March 2014
About us
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
Contact
M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-997-4948
E: sales@marketresearchreports.biz
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