Market Research Reports - Ken Research Global Travel & Tourism Industry Outlook | Page 2

in leisure venues , such as visitor attractions ; mobile operators , such as vans and other mobile operators ; retailers , such as bakeries , convenience stores , delicatessens , department stores , garden centers , service station forecourts , supermarkets and hypermarkets , and other retail sales . Market volume is defined as the total number of transactions .
The hotels & motels industry value consists of all revenues generated by hotels , motels and other accommodation providers through the provision of accommodation and other services . The total value includes room revenue and non-room revenue , including casinos , shops and telecommunication services . The industry is segmented according to the origin of the revenues ( leisure consumers and business consumers ). Market volumes are classed as the number of hotels in a country or region . Travel intermediaries is part of a business that assists in selling travel products and services to customers . The products may include airline tickets , car rentals , hotels , railway tickets and package holidays that may combine several products .
The casinos and gaming market consists of all forms of betting and gaming . All values are stated in terms of gross gaming win . This is the total amount waged by customers minus the total amount paid out to customers as winnings , but before the payment of any applicable taxes , disbursements to charitable or other causes by games established for those purposes , or other expenses .
The casinos segment covers all gambling activities carried out within casino establishments , such as card games , roulette , and slot machines located in casinos ; tips and admission fees are included , but additional revenues such as sales of food , drink , and accommodation are excluded . The lotteries segment covers all state , private , and charitable lotteries , and includes traditional draws , scratch card games , and similar products offered by lottery operators . The sports betting and related segment covers gambling on the outcome of horse races , football matches , and other events , and includes gambling services offered by bookmakers and also pari-mutuel / totalizator operators . The other segment covers bingo , slot machines located outside casinos , pachinko , etc . In North America , so-called ' Indian casinos ' are covered in this segment , not the casino segment . Online casino and gaming activity , with the exception of online purchases of lottery entry , is not included . Recreation-only slot machines that do not pay out any form of prize are excluded .
The report only includes gaming activities that are legal in the country where they are offered . All currency conversions were calculated using constant average annual 2016 exchange rates . The global travel & tourism industry is expected to generate total revenues of USD6,663.5bn in 2017 , representing a compound annual growth rate ( CAGR ) of 4 % between 2013 and 2017 . The foodservice segment is expected to be the industry ' s most lucrative in 2017 , with total revenues of USD3,776.0bn , equivalent to 56.7 % of the industry ' s overall value . The Chinese foodservice segment is the largest in the Asia-Pacific region , accounting for more than 60 % of sales . This