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Time of India
28-05-2025
- Business
- Time of India
Why Trump's return to power might cost millions of dollars to America
The United States is facing a decline in international visitors. This is due to trade tensions and stricter visa policies. Travel to the US fell by 14% in March. Canadian travel dropped significantly after tariffs. Experts cite tougher policies and a strong dollar. The decline threatens the tourism sector. It could lead to job losses in hospitality. Tired of too many ads? Remove Ads International tourism declines in US Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads What would be the economic impact? Amid a global trade war, visa cancellations, and tourists being detained at the border, the United States has sent a decidedly unwelcoming message to potential visitors. The likes of New York, Los Angeles or Nashville are bucket-list destinations for millions of since Donald Trump returned to office, some travellers are steering clear of the US, with the loss predicted to cost billions. Multiple media outlets have reported extraordinary decline in international visitors, especially from Europe, during the new Trump travel to the United States fell 14% in March compared with the same period last year, according to the US Travel Association , reports CBS News. And unsurprisingly, the biggest dip in travel, 20.2%, was from Canada, according to research from Tourism Economics, a unit of investment advisory firm Oxford to the International Bridge Administration in Sault Ste. Marie, passenger car traffic in April dropped by 44% compared to the same month last year. While this decline may seem insignificant from the perspective of Canada's second-largest province and top tourist destination, it has a notable impact on the historic Michigan to the International Bridge Administration in Sault Ste. Marie, passenger car traffic in April dropped by 44% compared to the same month last year. While this decline may seem insignificant from the perspective of Canada's second-largest province and top tourist destination, it has a notable impact on the historic Michigan town."They have 70,000 people," Hoath said. "And if they're not coming over and buying in our stores, then it affects us much more."Earlier this year, former Prime Minister Trudeau urged Canadians to refrain from vacationing in the US, after Trump imposed a 25% tariff on Canadian goods. The drop-off in Canadian travel is a notable shift, given that Canada was the biggest source of inbound travel to the US last year, according to the World Travel & Tourism attribute the overall decline in international travel to the U.S. to several factors, including the Trump administration's tougher immigration policies, a strong US dollar, and lengthy visa processing times. Additionally, aggressive tariff measures have discouraged many potential visitors."Shifting sentiment and perceptions of the US are expected to continue to weigh heavily on travel demand," said Aran Ryan, director of industry studies at Tourism of April, flight bookings to the US for the May–July travel window are 10.8% lower than they were the same period last year, according to the research firm. It projects an 8.7% decline in international arrivals in decline in international travel poses a serious threat to the stability of America's tourism sector — a critical component of the national economy."International inbound travel is hugely important from an economic standpoint — people that come to the US and visit spend on average $4,000 per visit," a spokesperson for the US Travel Association told CBS those tourism dollars may already be slipping away. The World Travel & Tourism Council estimates international visitor spending in the U.S. will fall to $169 billion this year — a 7% drop from $181 billion in 2024. That's also a steep 22.5% decline compared to the $217 billion spent in 2019, before the pandemic.A drop in global visitors could also have major consequences for American workers. Nearly 10% of U.S. jobs are linked to the travel industry, according to the the downward trend continues, the U.S. could lose more than 230,000 jobs, with the hospitality and restaurant sectors expected to be hit hardest, according to recent analysis by economic research firm IMPLAN."It's not going to devastate the U.S. economy in terms of GDP, but it is very significant in terms of employment," said Jenny Thorvaldson, IMPLAN's chief economist and data officer, in an interview with CBS impacts are already being felt in local communities. For example, in Sault Ste. Marie, Michigan, visitor center manager Linda Hoath voiced concern about what a slower travel season could mean."When the bridge is busy, businesses need all hands on deck," she explained. "But when it's quiet, what happens to your workers? They're not making money. Some will be laid off."In fact, hotel bookings in the city of 14,000 are already down 77% year to date, according to the Sault Area Convention & Visitors Bureau.


Skift
23-05-2025
- Business
- Skift
Record Numbers, Rising Worries at IMEX Frankfurt 2025
IMEX Frankfurt delivered its usual mix of deals, networking, and education. But beneath the business-as-usual veneer, geopolitical uncertainties kept conversations real. Geopolitical uncertainty surrounding the Trump administration dominated conversations at IMEX Frankfurt 2025, emerging as a key concern in both education sessions and informal discussions on the show floor. Despite the backdrop, the event wrapped Thursday with a strong showing: 13,000 attendees and more than 4,000 buyers participated in 67,000 pre-scheduled meetings over three days — figures that CEO Carina Bauer said matched pre-pandemic levels. Organizers said the show was the largest ever in terms of exhibitor floor space. Still, instability has been impacting meetings. Cvent's latest global sourcing data shows a loss of around 5% of room nights in Europe year to date. One education session specifically addressed the first 100 days of the Trump administration and dispelled some of the misconceptions about welcoming business travelers to the U.S. The session featured Kevin Hinton, managing director, group travel of the U.S. Travel Association, and Elliott Ferguson, President & CEO of Destination DC, who was recently deposed from his role at chair of Brand USA. A joint study by The Hague & Partners Convention Bureau and the European Society of Association Executives revealed overwhelming concern from association and nonprofit executives, with 28% saying they had already relocated their events to more politically stable regions, although it did define or ask respondents what they consider these to be. An Industry Reliant on Political Support Programming at IMEX Policy Forum, which connects government officials with industry leaders, mostly avoided the issue. But many spoke about the need for industry leaders to maintain ties to policy makers and it showed in announcements from several destinations at IMEX Frankfurt 2025. London's Deputy Mayor for Business and Growth, Howard Dawber, took part in the forum and joined the London Convention Bureau at the show to outline the city's 10-year experience economy growth plan, and highlight 10 major international congresses scheduled for 2026, projected to generate $337 million (£250 million). A delegation of state-level policy makers from Maharashtra, India, also took part in the forum. On Wednesday they officially launched the Maharashtra Convention Bureau with an emphasis on promoting the capacity of the 2022-built, one-million-square-foot Jio World Convention Centre to the global market Ireland's Minister for Enterprise, Tourism and Employment Peter Burke, who took part in the forum three years ago was also on site to launch the country's Business Events 2030 strategy, which targets 8% annual revenue growth through 2030 for a sector worth $1.13 billion (€1 billion). Luxembourg's Minister Delegate for Tourism Eric Thill was also present to announce Bettina Bunge as Luxembourg Convention Bureau's new CEO, while unveiling a fresh brand identity. ICCA Rankings Reveal Shifting Competitive Landscape For many destinations, the ICCA rankings remain a key way of demonstrating marketing activity success to policy makers or anyone else making budgetary decisions. This year saw the return of Vienna to the top of the city rankings, with Lisbon in a close second. The U.S. led the country rankings, with Italy maintaining its second place. ICCA expanded its analysis and included alternative city rankings where Dubai led cities in average event participants and Barcelona topped direct revenue generation with an estimated $360 million in total direct economic return. Partnerships Strengthen Industry Cohesion Two bodies representing the global industry — one U.S.-based and one EU-based — announced a refreshing partnership. The Events Industry Council (EIC) and the Joint Meetings Industry Council (JMIC) agreed to coordinate efforts in sustainability, advocacy, and research. The collaboration offers a welcome respite to the polarized political climate, even if it is long overdue. New Research Highlights Industry Challenges With diversity and sustainability taking the brunt of some of the Trump administration's early initiatives, IMEX Frankfurt 2025 saw the announcement of research and resources offering insights for destinations and associations. The Global Destination Sustainability Movement and the European Travel Commission published "A Destination's Guide to the New EU Sustainability Regulations," offering practical guidance on sustainability reporting requirements and environmental claims compliance. Amid U.S. political pressures, Destination Canada released year-two findings of its Legacy & Impact Study, focusing on identifying the key legacy drivers for business events, pre-event success factors and outcome categories for measuring impact. Finally, a new study on event funding revealed a significant disconnect between stated goals and selection criteria. The analysis of 115 destination bid funding support programs by Conferli, #MEET4IMPACT and the Global Destination Sustainability Movement revealed that 91% of destinations claim to prioritize positive impact, but only 6% include environmental or social impact criteria in funding decisions.


Associated Press
23-05-2025
- Automotive
- Associated Press
U.S. Car Rental Market Trends Analysis Report 2025-2030 - EV Adoption Accelerates in Rental Fleets, Catering to Eco-Conscious Travelers
DUBLIN--(BUSINESS WIRE)--May 23, 2025-- The 'U.S. Car Rental Market Size, Share & Trends Analysis Report by Vehicle Type (Luxury Cars, Executive Cars, Economy Cars), Application (Local Usage, Airport Transport, Outstation), Booking Mode (Online, Offline/Direct), with Growth Forecasts, 2025-2030" report has been added to offering. The U.S. Car Rental Market was valued at USD 37.88 Billion in 2024, and is projected to reach USD 56.27 Billion by 2030, rising at a CAGR of 7.50%. The increasing demand for tourism-related travel has significantly boosted the market. Travelers, both domestic and international, are opting for rental vehicles to explore destinations with greater flexibility and comfort. This trend is further supported by the rise in leisure and business travel, which has created a consistent need for convenient transportation options. This growth is particularly pronounced in urban centers, tourism hubs, and business corridors. Following the relaxation of pandemic-related restrictions, the United States has witnessed a resurgence in both domestic and international tourism. According to the U.S. Travel Association, domestic travel spending surpassed pre-pandemic levels in 2023, while inbound travel continued its recovery trajectory. This upswing has directly benefited airport-based and leisure-focused car rental providers, particularly in high-traffic destinations such as Orlando, Las Vegas, and Los Angeles. Consumers are increasingly valuing flexibility over ownership, particularly in urban environments where the total cost of vehicle ownership-factoring in insurance, parking, and depreciation-has escalated significantly. This trend is further amplified among younger demographics and business travelers who seek convenience and reduced commitment. For instance, Hertz and Enterprise have reported growing interest in subscription-based rental models and short-duration rentals facilitated through mobile apps. As business travel resumes, albeit selectively, car rental companies are witnessing an uptick in demand from corporate clients, particularly for regional travel and inter-city movement. Companies are also turning to rental fleets to supplement transportation needs for employees in hybrid work models. For example, Avis Budget Group highlighted in its quarterly filings that business travel volume was contributing to revenue stabilization and growth in key markets. Technological advancements have revolutionized the U.S. car rental industry. Integrating online platforms and mobile applications has streamlined the booking process, making it more accessible and user-friendly. Features such as digital payments, vehicle selection, and app-based unlocking have enhanced customer satisfaction and expanded the market. For instance, Enterprise, National, and Alamo leverage digital platforms and IoT for streamlined booking, contactless operations, and enhanced fleet management. The adoption of electric vehicles (EVs) in rental fleets is gaining traction. As consumers become more environmentally conscious, rental companies are incorporating EVs to meet the demand for sustainable transportation solutions. This shift aligns with global sustainability goals and attracts eco-minded travelers. For instance, in August 2022, European electric vehicle rental startup UFODrive launched in San Francisco, marking its entry into the U.S. market. The company offers contact-free EV rentals amid high gas prices, rental car shortages, and rising demand for electric vehicles. UFODrive was launched in New York and Austin in October, followed by rapid European growth. The growing emphasis on hygiene and safety protocols, especially post-pandemic, has increased consumer confidence in car rental services. Companies are investing in sanitization measures and offering diverse vehicle options to cater to varying customer preferences, further driving market growth. Why Should You Buy This Report? Companies Featured Key Topics Covered: Chapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.2. Market Definition 1.3. Information Procurement 1.3.1. Purchased Database 1.3.2. Internal Database 1.3.3. Secondary Sources & Third-Party Perspectives 1.3.4. Primary Research 1.4. Information Analysis 1.4.1. Data Analysis Models 1.5. Market Formulation & Data Visualization 1.6. Data Validation & Publishing Chapter 2. Executive Summary 2.1. Market Snapshot 2.2. Segment Snapshot 2.3. Competitive Landscape Snapshot Chapter 3. U.S. Car Rental Market Variables, Trends & Scope 3.1. Market Lineage Outlook 3.1.1. Parent Market Outlook 3.1.2. Related Market Outlook 3.2. Industry Value Chain Analysis 3.2.1. Profit Margin Analysis (Industry-level) 3.3. Market Dynamics 3.3.1. Market Driver Analysis 3.3.2. Market Restraint Analysis 3.3.3. Market Opportunities 3.3.4. Market Challenges 3.4. Industry Analysis Tools 3.4.1. Porter's Five Forces Analysis 3.5. Market Entry Strategies Chapter 4. Consumer Behavior Analysis 4.1. Demographic Analysis 4.2. Consumer Trends and Preferences 4.3. Factors Affecting Buying Decision 4.4. Consumer Product Adoption 4.5. Observations & Recommendations Chapter 5. U.S. Car Rental Market: Vehicle Type Estimates & Trend Analysis 5.1. U.S. Car Rental Market, Vehicle Type: Key Takeaways 5.2. Vehicle Type Movement Analysis & Market Share, 2024 & 2030 5.3. Market Estimates & Forecasts, by Vehicle Type, 2018-2030 (USD Million) 5.3.1. Luxury Cars 5.3.2. Executive Cars 5.3.3. Economy Cars 5.3.4. SUVs 5.3.5. MUVs Chapter 6. U.S. Car Rental Market: Application Estimates & Trend Analysis 6.1. U.S. Car Rental Market, by Application: Key Takeaways 6.2. Application Movement Analysis & Market Share, 2024 & 2030 6.3. Market Estimates & Forecasts, by Application, 2018-2030 (USD Million) 6.3.1. Local Usage 6.3.2. Airport Transport 6.3.3. Outstation 6.3.4. Others Chapter 7. U.S. Car Rental Market: Booking Mode Estimates & Trend Analysis 7.1. U.S. Car Rental Market, Booking Mode: Key Takeaways 7.2. Booking Mode Movement Analysis & Market Share, 2024 & 2030 7.3. Market Estimates & Forecasts, by Booking Mode, 2018-2030 (USD Million) 7.3.1. Online 7.3.2. Offline/Direct Chapter 8. U.S. Car Rental Market: Competitive Analysis 8.1. Recent Developments & Impact Analysis, by Key Market Participants 8.2. Company Categorization 8.3. Participant's Overview 8.4. Financial Performance 8.5. Service Benchmarking 8.6. Company Market Share Analysis, 2024 (%) 8.7. Company Heat Map Analysis 8.8. Strategy Mapping 8.9. Company Profiles For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: OTHER AUTOMOTIVE TRANSPORT AUTOMOTIVE OTHER TRANSPORT SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 05/23/2025 09:43 AM/DISC: 05/23/2025 09:42 AM


The Independent
12-05-2025
- Business
- The Independent
Canadians' Trump-inspired US travel boycott intensified in April with further drops in car and plane trips
The decline in the number of Canadians traveling to the U.S. continued in April with even further drops in car and air travel. New figures from Statistics Canada reveal that the number of Canadians driving to the U.S., which is the preferred mode of transport for the majority of Canadians who visit, dropped by 35 percent in April compared to the same period last year. Similarly, there was a 20 percent decrease in air travel compared to April 2024. Canadian travel to the U.S. has now dropped four months in a row after 32 percent and 23 percent drops in car travel in March and February, while air travel dropped 14 percent and 2.4 percent during those months, respectively, Forbes noted. Just a 10 percent drop in Canadian tourism could lead to $2.1 billion in lost spending and put 140,000 jobs at risk, according to the U.S. Travdel Association. Fewer Americans also traveled to Canada last month, with car trips decreasing 11 percent and air travel 6 percent, Statistics Canada data showed. The U.S. is experiencing a significant decrease in international travel so far this year. Canadians make up the largest group of foreign tourists to the U.S., accounting for roughly a quarter of all foreign visitors, according to the U.S. National Travel and Tourism Office (NTTO). Mexico comes next on the list. However, 23 percent fewer people traveled to the U.S. from that country in March compared to last year. That same month, the number of tourists coming from almost every region of the world to the U.S. decreased. Seventeen percent fewer came in from Europe, travel from the Caribbean was down 26 percent, travel from Central America decreased 24 percent, and 11 percent fewer people came to the U.S. from South America. In addition, 10 percent fewer came to the U.S. from Africa, travel from Oceania dropped 8 percent, and travel from Asia dropped one percent, according to the NTTO. The USTA estimates that the U.S. stands to lose $1.8 billion in travel-related export revenue each year for every one percent drop in spending by international visitors. If travel to America continues to decrease, the U.S. could lose out on at least $21 billion in travel exports. The Canadian travel boycott of the U.S. began in early February after President Donald Trump revealed that he was set to impose tariffs on the country. He also threatened to annex Canada by calling it the 51st state and referred to then-Prime Minister Justin Trudeau as 'governor.' Trudeau urged his people not to travel to the U.S. before leaving office in March. There are also fears among some Canadians of being wrongfully detained by U.S. immigration officers. Canadians, however, haven't stopped traveling; they're simply not going to the U.S. During a first-quarter earnings call, the chief executive officer at Booking Holdings, Glenn Fogel, said, "Canadians are traveling less to the U.S., but we see them more traveling to Mexico at this moment.' 'We are agnostic to where [Canadians] are traveling because usually they're spending the same amount, just at another destination,' he added. 'We see Canadians are traveling at a much lower rate to the U.S., but they're traveling more domestically, they are traveling to Mexico, they are going to Brazil, they're going to France, they're going to Japan … they are just choosing different destinations,' the chief financial officer at AirBnb Ellie Mertz told investors, according to Forbes.
Yahoo
12-05-2025
- Business
- Yahoo
U.S. Hotels, Resorts, and Cruise Lines Market Report 2025: Analysis and Outlook 2020-2030 - Health and Self-Care is Shaping Travel Preferences, Positioning Wellness Tourism as a Central Growth Area
Dublin, May 12, 2025 (GLOBE NEWSWIRE) -- The "United States Hotels, Resorts, and Cruise Lines Market, By Region, Competition Forecast & Opportunities, 2020-2030F" report has been added to United States Hotels, Resorts, and Cruise Lines Market was valued at USD 2024 in 345.96 Billion, and is expected to reach USD 513.45 Billion by 2030, rising at a CAGR of 6.86%. The market's expansion is driven by the resurgence of leisure and corporate travel, increasing domestic and international tourism, and evolving traveler expectations. The adoption of digital solutions such as mobile check-in, contactless concierge services, and smart room features has elevated the guest experience, boosting satisfaction and repeat bookings. The rise of boutique and lifestyle hotels catering to niche consumer segments has further diversified the market. Moreover, a rebound in air travel and an influx of foreign visitors have positively impacted occupancy rates across hotels, resorts, and cruise lines. According to the American Hotel and Lodging Association, the U.S. offers approximately 5.3 million guest rooms and records 1.3 billion guest nights annually. The U.S. Travel Association also noted a 24% increase in international arrivals in 2024, strengthening the demand across the hospitality Market Driver: Growing Consumer Demand for Travel ExperiencesA key driver of growth in the U.S. Hotels, Resorts, and Cruise Lines Market is the increasing consumer preference for unique and immersive travel experiences. Modern travelers, especially millennials and Gen Z, are prioritizing meaningful experiences over material possessions. Hotels and resorts are responding with tailored offerings such as wellness retreats, cultural immersion, and gourmet experiences. Luxury resorts now focus on personalization, enabling guests to connect with nature or local lines are introducing specialized voyages - from adventure-based itineraries to wellness-focused or cultural expeditions - that cater to evolving traveler interests. Post-pandemic travel recovery has also intensified the desire for memorable getaways, with many consumers seeking accommodations that combine leisure, entertainment, and exclusive experiences. High-end establishments are increasingly delivering bespoke services to appeal to affluent clientele, contributing significantly to the market's Market Challenge: Labor Shortages and Staffing ChallengesA major challenge affecting the U.S. Hotels, Resorts, and Cruise Lines Market is the ongoing labor shortage. The hospitality sector continues to struggle with recruiting and retaining qualified staff, especially in operational roles such as front desk, housekeeping, and food services. The workforce disruption caused by the COVID-19 pandemic led to an exodus of workers, many of whom have not has forced some businesses to rely on temporary hires or limit service offerings, impacting customer satisfaction. For premium hotels and cruise lines, service quality is critical, and staffing gaps can hinder the overall guest experience. Companies are responding with higher wages, flexible schedules, and improved work conditions to attract talent. However, staffing remains a critical concern, requiring innovative workforce strategies to ensure service excellence while controlling operational Market Trend: Rise of Wellness and Health-Focused TravelA leading trend in the U.S. Hotels, Resorts, and Cruise Lines Market is the growing popularity of wellness and health-oriented travel. As consumers increasingly prioritize well-being, demand has surged for travel experiences that support physical and mental health. Hotels and resorts are incorporating wellness amenities such as yoga sessions, fitness centers, spa therapies, and nutritious dining wellness retreats offering personalized programs for stress relief, fitness, and rejuvenation are gaining traction. Cruise lines are also adapting by providing wellness-focused voyages that include onboard exercise classes, healthy menus, and holistic services. This trend has accelerated post-COVID as travelers seek restorative experiences. The continued emphasis on health and self-care is shaping travel preferences, positioning wellness tourism as a central growth area in the luxury hospitality Players Profiled in the U.S. Hotels, Resorts, and Cruise Lines Market Marriott International, Inc. Hilton Worldwide Holdings Inc. Wyndham Hotels & Resorts Accor S.A. InterContinental Hotels Group (IHG) Four Seasons Hotels and Resorts Banyan Tree Holdings Limited Hyatt Hotels Corporation American Cruise Lines Carnival Cruise Line Key Attributes Report Attribute Details No. of Pages 82 Forecast Period 2024-2030 Estimated Market Value (USD) in 2024 $345.96 Billion Forecasted Market Value (USD) by 2030 $513.45 Billion Compound Annual Growth Rate 6.8% Regions Covered United States Key Topics Covered1. Introduction1.1. Product Overview1.2. Key Highlights of the Report1.3. Market Coverage1.4. Market Segments Covered1.5. Research Tenure Considered2. Research Methodology2.1. Methodology Landscape2.2. Objective of the Study2.3. Baseline Methodology2.4. Formulation of the Scope2.5. Assumptions and Limitations2.6. Sources of Research2.7. Approach for the Market Study2.8. Methodology Followed for Calculation of Market Size & Market Shares2.9. Forecasting Methodology3. Executive Summary3.1. Overview of the Market3.2. Overview of Key Market Segmentations3.3. Overview of Key Market Players3.4. Overview of Key Regions3.5. Overview of Market Drivers, Challenges, and Trends4. Voice of Customer4.1. Brand Awareness4.2. Factor Influencing Availing Decision5. United States Hotels, Resorts, and Cruise Lines Market Outlook5.1. Market Size & Forecast5.1.1. By Value5.2. Market Share & Forecast5.2.1. By Type (Hotels, Resorts, Cruise)5.2.2. By Booking Mode (Direct Booking, Online Travel Agents And Travel Agencies (OTAs), Marketplace Booking)5.2.3. By Region5.2.4. By Company (2024)5.3. Market Map6. South United States Hotels, Resorts, and Cruise Lines Market Outlook6.1. Market Size & Forecast6.1.1. By Value6.2. Market Share & Forecast6.2.1. By Type6.2.2. By Booking Mode7. West United States Hotels, Resorts, and Cruise Lines Market Outlook7.1. Market Size & Forecast7.1.1. By Value7.2. Market Share & Forecast7.2.1. By Type7.2.2. By Booking Mode8. Midwest United States Hotels, Resorts, and Cruise Lines Market Outlook8.1. Market Size & Forecast8.1.1. By Value8.2. Market Share & Forecast8.2.1. By Type8.2.2. By Booking Mode9. Northeast United States Hotels, Resorts, and Cruise Lines Market Outlook9.1. Market Size & Forecast9.1.1. By Value9.2. Market Share & Forecast9.2.1. By Type9.2.2. By Booking Mode10. Market Dynamics10.1. Drivers10.2. Challenges11. Market Trends & Developments11.1. Merger & Acquisition (If Any)11.2. Product Launches (If Any)11.3. Recent Developments12. Porters Five Forces Analysis12.1. Competition in the Industry12.2. Potential of New Entrants12.3. Power of Suppliers12.4. Power of Customers12.5. Threat of Substitute Products13. United States Economic Profile14. Policy & Regulatory Landscape15. Competitive Landscape15.1. Company Profiles15.1.1. Marriott International, Inc.15.1.1.1. Business Overview15.1.1.2. Company Snapshot15.1.1.3. Products & Services15.1.1.4. Financials (As Per Availability)15.1.1.5. Key Market Focus & Geographical Presence15.1.1.6. Recent Developments15.1.1.7. Key Management Personnel15.1.2. Hilton Worldwide Holdings Inc.15.1.3. Wyndham Hotels & Resorts15.1.4. Accor S.A.15.1.5. InterContinental Hotels Group (IHG)15.1.6. Four Seasons Hotels and Resorts15.1.7. Banyan Tree Holdings Limited15.1.8. Hyatt Hotels Corporation15.1.9. American Cruise Lines15.1.10. Carnival Cruise Line16. Strategic RecommendationsFor more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data