2014-04-02 11:37:04 - Estonia, Latvia and Lithuania Tourism Report 2014 - a new market research report on companiesandmarkets.com
We believe that although Estonia, Latvia and Lithuania will remain less successful than many of their Central and Eastern European peers, these Baltic countries will see a significant upswing in their tourism sectors over the next few years, largely owing to the development of inter-regional tourists who are benefiting from higher incomes. We believe that the Lithuanian accommodation sector will be a particular outperformer.
The increasing number of hotels in Estonia and Lithuania is likely to continue throughout our forecast period. Central and Eastern Europe is currently perceived as offering extremely attractive investment opportunities for hotel groups and other tourist-related industries - largely owing to an expansion in domestic and regional tourism, supported by an increase in higher disposable incomes. The
Baltic countries are benefiting from this regional upswing.
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