The customisation and personalisation in travel market is projected to a CAGR of 17.8% (2022-2032), reaching a value US$ 620.71 Mn by 2032. As per FMI Analysts, the global customisation and personalisation in travel market is estimated to be valued at US$ 126.56 Million in 2022
There are several factors contributing to the emergence of customisation and personalisation in travel marketing today, such as the existence of millennial travellers and travel-friendly economies across the globe.
The digital wave that is tearing apart the travel industry has paved the way for customised and personalised marketing campaigns. Over the last decade, new travel destinations are mushrooming across the globe, increasing demand for customisation and personalisation in travel marketing.
New travel portals have created a virtual corridor for travellers leading them into a better and bigger arena of the travel world. A host of travel tools are now in use and many of the leading travel agents around the world are using these tools for customisation and personalisation in travel marketing.
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Personalised and customised travel marketing holds the key to success for key stakeholders in the travel industry. Modern day customers are shifting towards tailor-made and customised travel packages. Emails are a passé in the evolving travel industry. Travel companies are using advanced tools to promote their offerings.
To woo a new lot of travellers companies are rehashing their travel marketing strategies by collating in-depth information about a particular traveler and sending out professional and customised emails by gauging the exact choice of the customer.
Most of the travel companies are using high-end marketing tools to segregate customer information and are then scripting personalised mails and newsletters to ignite the interest of the tourists about a specific tour package.
Social media platforms are playing a pivotal role in changing the canvas of customised and personalised travel marketing. Several travellers around the globe are using social media platforms to complete their pre-travel research.
Customisation And Personalisation In Travel Marketing: Game Changers
Factors such as emergence of millennial travellers and travel-friendly economies across the globe are acting as a key component in the development of customisation and personalisation in travel marketing.
The massive digital wave that eroded the entire travel industry has created a ground of benefits for customised and personalised travel marketing. The mushrooming of new travel destinations across the globe is also expediting the need for personalised and customised travel marketing.
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Customisation And Personalisation In Travel Marketing: Restraints
A massive population of tourists across the world are still dependent on conventional ways of travelling. The pool of aged travellers is still shunning modern and customised travel marketing as they are ignorant to new technologies.
This comprehensive report equips readers with lucid information and analysis on the sector. Future Market Insights’ experienced travel and tourism analysts bring to you accurate and unbiased information to help you make crucial decisions with confidence.
The report offers a 360° view – bringing to the fore key drivers, restraints, opportunities, and challenges prevailing in the sector. To offer readers actionable insights, detailed information on historical trends, current scenario, and future projections is provided in the report.
The report specifically focusses on the leading companies operating in this sector, highlighting their key developmental strategies. A holistic analysis of the leading players is highlighted to help decision makers understand the overall competitive landscape.
Key Segments Profiled in the Customisation and personalisation in Travel Market
By Service Type:
- In-flight personalization
- Cruise lines personalization
- Adventure Travel
- In-hotel personalization
- Other personalization
By Mode of Booking:
- OTA Platform
- Offline
By Age Group:
- Millennial
- Generation X
- Baby Boomers
- Others
By Purpose:
- Leisure
- Business
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