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Taiwan's travel and tourism industry is a significant contributor to the country's economy, generating revenue of $600.2 billion in 2020. The industry is expected to continue to grow in the coming years, with a compound annual growth rate (CAGR) of 1.2% between 2016 and 2020.
The Taiwan government procures a wide range of travel and tourism products and services, including:
Accommodation
Transportation
MICE facilities
Tour packages
Travel marketing and promotion
In 2022, the top five categories of travel and tourism products and services procured by the Taiwan government were:
Accommodation: $22.5 billion
Transportation: $18.2 billion
MICE facilities: $12.1 billion
Tour packages: $9.8 billion
Travel marketing and promotion: $7.4 billion
The top five authorities for Taiwan travel and tourism procurement in 2022 were:
Ministry of Transportation and Communications: $12.3 billion
Tourism Bureau: $10.8 billion
Ministry of Culture: $8.7 billion
Ministry of Education: $7.2 billion
Ministry of Economic Affairs: $6.9 billion
The top five winners of Taiwan travel and tourism procurement in 2022 were:
Taiwan Railways Administration: $6.2 billion
China Airlines: $5.8 billion
Evergreen Airways: $5.4 billion
EVA Air: $5.1 billion
Uni-President Group: $4.8 billion
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