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Analyst Opinions
Destination Market Insights: Colombia
Colombia’s tourism industry has been growing fast in recent years, partly due to a cease fire deal with the FARC, on track to be finalised in September 2016, and a weak peso. In 2015, the country saw a 16.3% increase in terms of international arrivals, which now stand at 2.3 million. It will see further growth to 3.2 million tourists in 2020, at an average annual rate of 5.6%
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Analyst Opinions
Destination Market Insights: United Arab Emirates
In recent years the United Arab Emirates (UAE) has become a major destination as a links East with West, providing a major hub stopover for travelers while expanding tourism investment to build on it’s geographical advantages. In 2015, over 14.4 million arrivals reached the UAE, an increase of over 7.5% in just one year.
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Sector Analysis
Travel and Tourism in the UAE to 2020
Inbound tourism in the UAE registered strong growth in 2015 and the trend is expected to continue over the forecast period (2016–2020), supported by Emirates’ promotional activities. Outbound trips grew at a CAGR of 5.8% during the historic period (2010–2015), reaching 4.8 million in 2015, and are likely to reach 5.9 million by 2020. Moreover, a memorandum of understanding was signed between Emirates Airline and Tourism Authority of Thailand.
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Sector Analysis
Travel and Tourism in Kenya to 2020
Kenya’s inbound tourism market continued to contract in 2015 in the wake of security concerns caused by Al-Shabaab, a jihadi group based in neighboring Somalia. Due to this, western countries such as France have issued warnings to their nationals against traveling to Kenya. Although the UK has lifted its warning against going to some areas of Kenya such as Mombasa, Canadean expects international arrivals to decline until 2018 as other key source markets, such as the US, have not yet...
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Analyst Opinions
Top Trends in Sustainable Tourism: An analysis of the key trends in sustainable tourism and the business opportunities they create for the travel and tourism industry
GlobalData's "Top Trends in Sustainable Tourism", provides an analysis of the key trends in sustainable tourism and the business opportunities they create for the travel and tourism industry. This report provides an insight into the key trends in sustainable tourism, underlying how they create a host of lucrative opportunities for the industry. Besides climate change and the rise of eco-conscious consumers, the report shades light into trends such as overtourism, the desire for transformative travel experiences and the growing sharing...
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Analyst Opinions
Travel and Tourism Industry Business Confidence Report H2 2017
GlobalData’s "Travel and Tourism Industry Business Confidence Report H2 2017", examines executives’ opinion about the business environment during H2 2017 compared to H1 2017. It also highlights existing economic conditions, supplier price variations, sales performance, industry and company growth outlook, spending patterns, and key priorities. Additionally, the report provides information categorized by region. The existing economic environment is stable for the travel and tourism industry, and customer confidence levels will remain constant during next six months. Travel and tourism companies...
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Analyst Opinions
Source Market Insights: Russia - Analysis of tourist profile, traveler flows, spending patterns, main destination markets, as well as risks and opportunities
GlobalData’s "Source Market Insights: Russia", provides a thorough insight into Russia’s outbound tourism industry. The report shades light into the different profiles of Russian tourists and summarizes the key reasons why Russians travel. The report offers an in-depth analysis of traveler flows, spending patterns, main destination markets and current and future opportunities for tourism businesses interested in Russian travelers. Russian outbound trips have been falling for four consecutive years since 2014, following political turbulence with Ukraine. Russia’s annexation of Crimea...
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Analyst Opinions
Global Health and Wellness Tourism: Medical and Spa Inbound Tourism Flows and Expenditure
GlobalData’s "Global Health and Wellness Tourism", provide a thorough insight into global health and wellness inbound tourism industry. The report shades light into the different key source market of global tourists and summarizes the key reasons why they travel to these destinations. The report offers an in-depth analysis of traveler flows, spending patterns, leading and emerging destination markets and key market trends and challenges in global medical and spa tourism market. Tourism is benefiting from growing consumer interest in health...
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Analyst Opinions
Destination Market Insights: Morocco - Analysis of source markets, infrastructure and attractions, risks and opportunities
GlobalData’s "Destination Market Insights: Morocco", provides in-depth analysis of a tourist destination, in this case for Morocco. The report explores the locations largest inbound tourist markets, infrastructure and attractions, as well as risks and opportunities. The report provides clear insight into current and future tourism developments in the country. Morocco is one of Africa’s leading tourist markets, with more than 10 million visitors in 2016. The country aims to grow the industry significantly, with the Moroccan Department of Tourism’s 2020...
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Sector Analysis
Australia Hotels Market Analytics to 2021: Rooms and Revenue Analytics
Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report Australia Hotels Market Analytics to 2021: Rooms and Revenue Analytics provides deep dive data analytics on wide ranging Hotels business aspects including overall revenue by customer type – Business and Leisure, by type of hotel – Budget, Midscale, Upscale &...
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