Fitch: U.S. Leisure Outlook Stable Amid Competition for Consumer Wallet Share

Fitch Ratings | December 7, 2015

Fitch Ratings-New York-07 December 2015: U.S. leisure companies will continue to benefit from consumer spending growth in 2016, aided by the trend towards more experiential, rather than material, purchases, according to a new Fitch Ratings report. The competitive environment for consumer wallet share remains intense and leisure companies must compete against varying alternatives, including retailers, technology services, and non-travel oriented entertainment. For online travel agencies, consolidation will remain a theme in 2016 as companies capitalize on market fragmentation to improve scale and profitability and fend off new competitio...