Plunkett's Airline, Hotel & Travel Industry Almanac 2017

Jack W. Plunkett is CEO & Publisher of Plunkett Research, Ltd., a Houston-based provider of market research and industry information in printed and electronic formats. Plunkett Research provides analysis, statistics and other vital data on all major industry sectors, from InfoTech to Retailing to Banking and Nanotechnology. Plunkett's client list includes 10,000 leading corporations, universities and government agencies worldwide. Plunkett's research products are distributed electronically through subscriptions to its website and around the globe by major booksellers and news distributors, including Bloomberg and ThomsonReuters. Jack Plunkett is the author of numerous books, including The Next Boom: What you absolutely, positively have to know about the world between now and 2025. This book won a 2011 gold medal in the Business Book Awards competition sponsored by Axiom and INC Magazine. Plunkett is frequently interviewed as an expert source by publications such as Time magazine, The Wall Street Journal, The New York Times and Investor's Business Daily, media outlets such as NPR's Marketplace, ABC, and CBS Marketwatch, as well as local and regional newspapers and national columnists. Plunkett received an Academic Book of the Year Award for his Plunkett’s Health Care Industry Almanac, and he was a regional finalist in the Entrepreneur of the Year Awards sponsored by Ernst & Young.

Introduction 1
How to Use This Book 3
Chapter 1: Major Trends Affecting the Airline, Hotel & Travel Industry 7
1) Introduction to the Travel Industry 8
2) Discount Airlines Compete with Legacy Airlines, but the Differences Are Beginning to Blur 9
3) Major Airlines Change Strategy, Charge Fees and Boost Profits 10
4) Some International Airlines Cut First Class Seats and Add to Business Class/Premium Economy Now Widely Available 12
5) ADS-B Improves Air Traffic Control 14
6) Private Jet Rentals Grow in the Form of Memberships and Fractional Shares 15
7) Boeing and Airbus Face Waning Orders/Major Aircraft Market in China 15
8) New Aircraft Designs Offer Greater Passenger Comfort/More Efficient Engines 18
9) In Flight Wireless Takes Off 19
10) Air Traffic Grows/Airports Expand/Middle East and Asia Have Strong Air Traffic 19
11) Massive Long Term Growth in China’s Travel Market/Indian Travel Market Rebounds 21
12) China Makes Immense Investments in Railroads, Highways & Airports 22
13) Online Travel Agencies (OTAs) Continue Strong Growth in Bookings/Hotels Fight to Keep Control of the Customer 23
14) Ecotourism, Sustainable Tourism, Adventure Tourism and Volunteerism Grow as Certification Standards Emerge 25
15) Hotel Occupancy, Profits and new Construction Grow 26
16) Luxury Hotel Chains Expand Globally 26
17) What Millennials and Mobile-Savvy Consumers Want as Tourists and Travelers 27
18) Hotels Target Young Customers with Strategies Ranging from Micro Rooms and Hostels, to Hip Hotels that Encourage Mingling 27
19) Hotels Adopt Smartphones and In-Room Tablets to Deliver Services, Speed Check-In and Replace Room Keys 28
20) Hotel Mergers Enable Chains to Claim Market Share, Add Unique Properties 28
21) Localization will Drive Hotel Features, Marketing 29
22) Dog-Friendly Hotels Will Gain Market Share 29
23) “Sharing Economy” Gains Market Share in Travel with Online Sites Like Airbnb, HomeAway and Many Global Competitors 29
24) Cruise Industry Market Is Strong while Capacity Soars with New Ships 30
25) Small Cruise Ships Offer Adventure, Luxury, Intimacy or Access to More Places 31
26) River Cruise Lines Are Launched, with Low Capital Investment and High Fares 32
27) Chinese Tourism Creates Growth Opportunities for the Cruise and Hotel Industries 32
28) New Technologies Show Promise for Port and Airport Security 33
29) High Speed Passenger Trains, Including Maglev, Advance in China and Europe 34
30) U.S. Passenger Train Projects Receive Funding, Including Amtrak and Light Rail 36
31) Self-Check-In Kiosks, RFID and Wireless Technologies Save Costs and EnhanceTravelers’ Experiences at Airlines 37
32) Aging Baby Boomers Will Cause Significant Changes in the Leisure Sector, Including Sports and Activity-Based Travel 38
33) Private Space Vehicles Begin to Fly, Including the SpaceShipTwo, but Recent Crashes and Explosions May Slow Development 39
34) Nano Spacecraft Under Development 40
35) The Future of Travel 40
Chapter 2: Airline, Hotel & Travel Industry Statistics 43
Airline, Hotel & Travel Industry Statistics and Market Size Overview 44
Air Carrier Traffic Statistics, U.S.: 1996-2015 45
Air Carrier Traffic Statistics, U.S.: 12 Months Ended April 2016 and April 2015 46
Consolidation in U.S. Airlines 47
Annual U.S. Domestic Average Itinerary Air Fare: 1995-2016 48
U.S. Aviation Industry Average Annual Percentage Growth Forecasts by World Region: 2016-2036 49
U.S. Airline Passenger Activity: 2001-2036 50
Total Scheduled U.S. International Passenger Traffic, U.S. Commercial Air Carriers: 2001-2036 51
International Visitor Arrivals to the U.S.: Selected Years, 2000-2014 52
International Visitor Arrivals to the U.S., Forecast: 2014-2020 53
Top Destinations of U.S. Residents Traveling Abroad (Outbound): 2013-2014 54
Top 20 Countries Ranked by International Tourism, Number of Arrivals: 2006-2013 55
Domestic Airline Jet Fuel Prices, U.S.: January 1986-October 2015 56
Quarterly System Operating Profit & Loss Margin for U.S. Airlines: 1st Quarter 2015 -1st Quarter 2016 57
Top 10 U.S. Airlines & Airports Ranked by 2015 System Scheduled Enplanements 58
U.S. Airline Revenue Passenger Enplanements: January 1996-April 2016 59
Cruise Line Industry Overview, U.S.: 2009-2015 60
Amtrak Ridership: January 1991-September 2015 61
Rail Passenger Capacity Utilization, U.S.: January 2003-August 2015 62
Highway Vehicle Miles Traveled, U.S., Monthly: January 1990-September 2015 63
Quarterly Growth in Real Tourism Spending & Real GDP, U.S.: 2000-2016 64
Transportation Services Index, U.S.: January 2000-September 2015 65
Percent Change in the U.S. Transportation Services Index (TSI) from Year-to-Year: 2005-2016 66
Estimated U.S. Accommodation Sector Quarterly Revenues: 2014-2015 67
Employment in the Airline, Hotel & Travel Industry, U.S.: 2009-May 2016 68
Chapter 3: Important Airline, Hotel & Travel Industry Contacts 69
(Addresses, Phone Numbers and Internet Sites)
Chapter 4: THE TRAVEL 300:
Who They Are and How They Were Chosen 101
Index of Companies Within Industry Groups 102
Alphabetical Index 111
Index of U.S. Headquarters Location by State 114
Index of Non-U.S. Headquarters Location by Country 116
Individual Profiles on Each of THE TRAVEL 300 119
Additional Indexes
Index of Hot Spots for Advancement for Women/Minorities 452
Index by Subsidiaries, Brand Names and Affiliations 454
A Short Airline, Hotel & Travel Industry Glossary 473