DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Inbound Tourism Spending Habits in Top 10 Countries" report to their offering.
"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.
- 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
Key Topics Covered:
- Top 10 highest inbound tourism expenditures in 2016
- US - Less visitors for the US due to a strong dollar
- China - Majority of inbound trips into China are for business purposes
- Spain - Spain is the most visited country in Europe
- France - French market down due to security concerns
- Italy - Strong growth in arrivals from the US to Italy
- Germany - Key cultural travel destination in Europe
- Thailand - Strong promotional efforts drive Thai inbound market
- Hong Kong - Hong Kong has majority inflow of tourists from China
- UK - Arrivals to the UK increase after Brexit
- Australia - Australia sees strong rise in arrivals from Japan
- Market Data
For more information about this report visit https://www.researchandmarkets.com/research/d2k433/inbound_tourism