Travel & Tourism in Nigeria

Travel & Tourism in Nigeria

  • January 2018 •
  • 31 pages •
  • Report ID: 5342409 •
  • Format: PDF
Travel & Tourism in Nigeria

Travel & Tourism in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Essential resource for top-line data and analysis covering the Nigeria travel & tourism market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

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 Nigerian travel & tourism industry is expected to generate total revenues of $19.2bn in 2017, representing a compound annual growth rate (CAGR) of 2.2% between 2013 and 2017.
- The foodservice segment is expected to be the industry’s most lucrative in 2017, with total revenues of $10.6bn, equivalent to 54.8% of the industry’s overall value.
- KFC, the largest fast-food chain restaurant in Africa, is seeking an expansion in Nigeria. However, the costs of doing so probably act as a deterrent. KFC runs a premium to operate in the country and racks up a large import bill by importing potatoes.

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Nigeria
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Nigeria
- 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 Nigeria travel & tourism market with five year forecasts

Reasons to buy
- What was the size of the Nigeria travel & tourism market by value in 2017?
- What will be the size of the Nigeria travel & tourism market in 2022?
- What factors are affecting the strength of competition in the Nigeria travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up Nigeria’s travel & tourism market?

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