Research and Markets has announced the addition of the “Forecast Revisit for the Global Travel and Tourism Industry” report to their offering.

The travel industry confirmed its vitality in 2012, recording 4% growth in terms of international arrivals. Growth is expected to continue in the next five years and beyond, driven by the growing desire to explore the world among consumers across the globe, as well as by the rise of the middle and affluent classes in the emerging economies. The fastest growing categories include online travel, low cost carriers, medical tourism, shopping tourism, rail transport and private accommodation.

Euromonitor International’s Forecast Revisit for the Global Travel and Tourism Industry global briefing offers an insight into to the size and shape of the Travel and Tourism market, highlights buzz topics, emerging geographies, categories and trends as well as pressing industry issues. It identifies the leading companies and brands, offers strategic analysis of key factors influencing the market from innovation, pricing, channel distribution to economic/lifestyle influences. Forecasts illustrate how the market is set to change and outlines the criteria for success.