Tourism Market Research Reports & Industry Analysis

Tourism basically means travelling or going on a journey for recreational, leisure, or business purposes. Tourists are generally the people who are traveling and staying in locations outside their accustomed environment for a short period for leisure, business and other purposes. Travel & Tourism both are interconnected with each other and literally cannot exist without each other.

Travel and tourism is a massive industry worldwide. It is the world’s leading foreign exchange producer. 

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Car Rental in Chile

16 Sep 2017  |  Published by:  Euromonitor
Even though there continues to be an increase in inbound arrivals, in 2017 Argentina accounted for 53% of these, which limited demand for car rental. Argentinians travelling to Chile usually travel in their own vehicles, as their main interest is to transport a large volume of purchased goods. Anoth...
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Airlines in Chile

16 Sep 2017  |  Published by:  Euromonitor
After its announcement in 2015, Sky Airline has consolidated the transition to the low-cost carrier model in the category, causing strong price-competition among main players. LATAM Airlines has adapted its model, launching a similar low-cost carrier system in domestic flights in Chile, and plans to...
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Flows in Chile

16 Sep 2017  |  Published by:  Euromonitor
Arrivals from neighbouring countries have the greatest impact on inbound arrivals as travellers from Argentina, Brazil, Bolivia, Colombia, Ecuador, Uruguay, Paraguay and Peru only require their ID to enter the country, making it an easy-access destination. Arrivals from Latin America posted 31% grow...
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Intermediaries in Chile

16 Sep 2017  |  Published by:  Euromonitor
Due to international middle-class air ticket prices decreasing by an estimated 20%, the intermediaries category has experienced an increase in passenger flows, but it has not led to a proportionate increase in total value sales. The consolidated entry of low-cost carriers has also increased demand f...
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Lodging in Chile

16 Sep 2017  |  Published by:  Euromonitor
Positive growth in the lodging category in the last couple of years has allowed for hotel investments to increase significantly in all hotel segments. And even though the number of lodging sites increased by 203% in the review period, the category has been able to find equilibrium with demand rising...
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Online Travel Sales To Residents in Chile

16 Sep 2017  |  Published by:  Euromonitor
Operators in the travel industry have been proactive in improving their services, granting security to carry out transactions along with increasing the number of discounts. Online travel sales to residents grew by 14% in current value terms in 2017, as travel products have become some of the most po...
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Travel in Chile

16 Sep 2017  |  Published by:  Euromonitor
The main airport in Chile, Arturo Merino Benitez, has initiated a 4-year phase to expand its operations in the international terminal and increase its capacity from 15 million annual passengers to 30 million annual passengers by 2020. Its double-digit growth in inbound arrivals has led it to increas...
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Online Travel Sales To Residents in Bulgaria

15 Sep 2017  |  Published by:  Euromonitor
Online travel sales to residents surged by 21% in 2017, to reach BGN1.3 billion. Exceptionally strong growth helped expand the relative share of online sales to 27% of total sales, from 23% the year before. The key growth driver was sales of airline tickets – both by agencies and airlines – as low-c...
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Travel in Bulgaria

15 Sep 2017  |  Published by:  Euromonitor
In 2017, travel in Bulgaria achieved record highs in inbound, outbound and domestic tourism. Inbound tourism was lifted by the rising number of European tourists considering the country as a safe destination compared with peers such as Egypt, Turkey and Tunisia. Outbound tourism was driven by the ri...
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Intermediaries in Bulgaria

15 Sep 2017  |  Published by:  Euromonitor
The sales of intermediaries in Bulgaria edged up by 2% in 2017, to reach BGN1.5 billion. Over the last year the market was focused on absorbing the shock from negative developments in neighbouring Turkey in 2016 (the failed military coup and a long list of terrorist attacks, some targeting tourists)...
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Lodging in Bulgaria

15 Sep 2017  |  Published by:  Euromonitor
In 2017, hotel sales increased by 10% in current value terms, to reach BGN1.3 billion. The number of room nights increased by 4% to 25 million, from 24 million the previous year, and the average room rate edged up by 6% to BGN52, from BGN49 the previous year. Due to a 4% rise in the number of hotel ...
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Airlines in Bulgaria

15 Sep 2017  |  Published by:  Euromonitor
The recent big story in airlines was the considerable expansion of routes operated by low-cost carriers. In October 2016, Ryanair increased the routes it operated from Bulgaria from just one to 23. At the start of 2017, Wizz Air increased its routes from 33 to 43. In May 2017, Transavia launched its...
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Flows in Bulgaria

15 Sep 2017  |  Published by:  Euromonitor
Inbound arrivals increased by 13% in 2017, to reach 9.1 million. This growth reflects the simultaneous impact of two distinct factors – eased access to Bulgaria and instability in key markets for European tourists. Waves of terrorist attacks in 2015 and 2016 in Tunisia, Egypt and Turkey targeting fo...
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Travel in the Czech Republic

15 Sep 2017  |  Published by:  Euromonitor
Domestic trips saw an acceleration of growth in 2017. Marketing activities in the country provided a strong impulse. A campaign targeted mainly to domestic tourists, Baroque Through All the Senses, showcased the cultural, culinary and architectural heritage of the country, with special events and th...
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Airlines in the Czech Republic

15 Sep 2017  |  Published by:  Euromonitor
The expanding offer of destinations and services supported the value sales of airlines in 2017. Prague airport dominates the airlines landscape in the Czech Republic, with a 95% share of transported passengers. This airport continued the expansion of services throughout 2016 and 2017, with strong em...
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