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Inbound Tourism Spending Habits in Top 10 Countries

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Published by:

GlobalData

Category:

Travel Services

Published On:

June 2017

No of pages:

57

Report Format:

Electronic (PDF)

Research Assistance
Toll Free (US / Canada):

1-800-489-3075

Email:

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Inbound Tourism Spending Habits in Top 10 Countries

Summary

"Inbound Tourism Spending Habits in Top 10 Countries" provides detailed information on the top 10 inbound tourism markets globally. This report analyzes market data and provides a better understanding of tourism flows and tourist expenditure.

The report provides detailed market analysis, information and insights, including - 
- Historic and forecast tourist volumes covering the top 10 global inbound tourism markets
- Detailed analysis of tourist spending patterns in these markets such as average spending per trip and total expenditure
- Insights on key trends and issues in top 10 inbound markets

Scope

- France continued to be the number one inbound market in 2016. However, there has been a decline in the number of trips due to safety concerns, as the country faced multiple terror attacks over the past 18 months.
- The average spending pattern in Spain has declined over the past few years. The highest decline of 5.82% was seen in the Netherlands during the historic period, which is partly due to the growing presence of low-cost flights in Europe, as a result of which, transportation costs have declined. Furthermore, Spain has been seeing a large number of budget tourists in recent years, with many preferring the country over Tunisia, France, Egypt, and Turkey in the wake of security concerns
- Thailand was the fastest-growing inbound market, expanding at a CAGR of 9.89% during the period 2012-2016. Strong promotional efforts by the country's tourism authority and the growing expansion of LCCs in South East Asia propelled growth. The country registered exceptional growth in 2015 and 2016, following a steep fall in 2014 due to political unrest

Reasons To Buy

- Gauge an idea about how the top 10 markets are expected to grow using historic and forecast market data
- Understand the demand-side dynamics within the industry to identify key market trends, growth opportunities
- Direct the promotional efforts on most promising markets by identifying the key source countries.
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