The US economy forecast to grow by 2.5% in 2015, we
are anticipating an uptick in tourism arrivals, which will grow by 2.4%. We
expect this to contribute to steady growth in the accommodation sector, with
investment in the sector growing by a higher rate than arrivals.
The US tourism market is well-established, benefiting
from the country's broad variety of attractions, ranging from city breaks, to
beaches, to adventure holidays. There is a large domestic tourism market which
helps to protect the industry from fluctuations in international arrivals. That
said, the US is a hugely popular international destination, with arrivals
rising from both Latin America and Europe, while Asia-Pacific tourists are also
increasingly visiting the country. Although it is one of the more expensive
global destinations, the US offers excellent facilities, with a variety of
tiered hotel offerings and good infrastructure underpinning its geographical
attractions.
For further information on this report, please visit- http://www.marketresearchreports.com/business-monitor-international/united-states-tourism-report-q4-2015
The Czech Republic has a well-developed yet
unbalanced tourism market, with a high level of inbound arrivals but an
overreliance on Prague as a city break destination. Growth is expected to
remain steady, but in order to increase the future potential, more must be done
to grow tourism and awareness of tourist facilities outside of traditional
areas. Strong government support and the expansion of travel infrastructure
will help the industry in this endeavour.
Inbound arrivals are set for steady yet
unspectacular growth between 2015 and 2019, although this is significantly
improved compared to a decline between 2013 and 2015. Economic concerns in the
eurozone have damaged consumer confidence and delayed large expenditure on
investment and international travel in key source markets, but we expect this
to pick up significantly in the coming years. Strong marketing campaigns and
improved future relationships with Russia will also help attract more tourists
over the forecast period.
For further information on this report, please visit- http://www.marketresearchreports.com/business-monitor-international/czech-republic-tourism-report-q4-2015
France is forecast to see growth in almost all areas
of its tourism sector. A continuing increase in international arrivals coupled
with steadily rising numbers of domestic tourists will drive strong growth in
tourism receipts to 2019. France's major cities remain the main focus of
tourists, with Paris in particular receiving a disproportionately high number
of visitors relative to more rural areas. This dynamic will result in a
decrease in the overall number of hotels and establishments in the country as
smaller, independent businesses are forced out by major chains.
France's tourism sector is strong, with high arrival
numbers from fellow European countries as well as more remote markets such as
the USA, Japan and China. Given the recent weakness of the euro and economic
recoveries in key source markets, France has been a popular destination. The
country also represents a attractive destination for visitors from outside of
Europe owing to its central location, good transport network and close
geographical proximity to many other popular tourist destinations such as the
UK, Italy and Spain.
For further information on this report, please visit- http://www.marketresearchreports.com/business-monitor-international/france-tourism-report-q4-2015
Hungary's tourism sector is forecast to experience
good growth up to 2019. This growth can be directly linked to the economic
state of the country, something that is set to improve over the same period
including an expected GDP growth of 3% over 2015. The sector will also benefit
from increases in the number of inbound tourists, especially from nearby
European countries, as other economies consolidate and disposable income
becomes more readily available. The Hungarian government is keen to invest in
tourism, including significant improvements in the travel infrastructure and
developing better marketing to developing markets such as Asia and the Pacific.
Hungary's tourism is currently based predominantly
around its major cities with the capital, Budapest, a particularly popular
destination. This is highlighted by the number of domestic and international
hotel chains with a range of properties in the largest urban areas and very
little elsewhere. One of the most important markets for Hungary is Health
Tourism. The government has been keen to stress the low cost of treatments and
healthcare in the country compared to that of the UK, the US and Scandinavia.
Health tourism is expected to grow by nearly 10% over the next five years.
For further information on this report, please visit- http://www.marketresearchreports.com/business-monitor-international/hungary-tourism-report-q4-2015
