Travel & Tourism in Belgium

Travel & Tourism in Belgium


Travel & Tourism in Belgium industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

– The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming.

– The Belgian Travel & Tourism industry had total revenues of $33.4bn in 2018, representing a compound annual growth rate (CAGR) of 1.9% between 2014 and 2018.

– The Foodservice segment was the industry’s most lucrative in 2018, with total revenues of $19.3bn, equivalent to 57.8% of the industry’s overall value.

– The performance of the industry is forecast to accelerate, with an anticipated CAGR of 3.9% for the five-year period 2018 – 2023, which is expected to drive the industry to a value of $40.5bn by the end of 2023.


– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Belgium

– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Belgium

– Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance

– Add weight to presentations and pitches by understanding the future growth prospects of the Belgium travel & tourism market with five year forecasts

Reasons to Buy

– What was the size of the Belgium travel & tourism market by value in 2018?

– What will be the size of the Belgium travel & tourism market in 2023?

– What factors are affecting the strength of competition in the Belgium travel & tourism market?

– How has the market performed over the last five years?

– What are the main segments that make up Belgium’s travel & tourism market?

Companies Mentioned:

Yum! Brands, Inc.

McDonald’s Corp


Hotusa Hotels SA

Best Western International Inc

Logis International France

Booking Holdings Inc

Expedia Group Inc


TUI Group

Ritesh Tiwari is the Founder of Research By Markets. He has more than 7 years experience in the Market Research industry and a total experience spanning 18+ years. His core experience is in Sales and International Recruitments. Ritesh is a big foodie and a huge football fan, supporting Manchester United (EPL) and FC Barcelona (La Liga). He hardly misses watching any matches when these teams are playing. Get in touch with Ritesh via: *Industry Press Release is a part of Research By Markets.