Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Business

New Market Report Now Available: Estonia, Latvia & Lithuania Tourism Report 2013


Print article Print article
2012-12-19 08:21:07 - Fast Market Research recommends "Estonia, Latvia & Lithuania Tourism Report 2013" from Business Monitor International, now available

The Baltic Tourism Report examines the strong long-term potential offered by the region's tourism industry, which has the advantage of being able to attract tourists from both Western and Eastern Europe. In particular, there has been renewed growth in arrivals from Russia and Belarus to the region over recent years, complementing already strong demand from Germany and Finland. However, we caution that the economic crisis in the eurozone could weigh on short-term tourism demand from that region in 2013.

The report also analyses the growth and risk management strategies being employed by some of the leading players in the local tourism sector, such as airlines and hotel chains, as they seek to maximise the long-term growth opportunities being offered by the

Baltic market.

2011 was another strong year for the Baltic tourism industry, in line with BMI's expectations. In all three states, tourist arrival numbers rose sharply. There were also significant increases in the amount of tourism revenue generated by each country, with Estonia continuing to be the largest market in terms of revenues.


Full Report Details at
- www.fastmr.com/prod/514007_estonia_latvia_lithuania_tourism_repo ..


Looking at trends in 2012, all three countries reported higher hotel occupancy rates over the key summer months, which bodes well for full-year tourist arrivals figures. BMI estimates growth in tourist arrivals of 15% for Estonia, 3.5% for Latvia and 10% for Lithuania in 2012. Estonia clearly benefited from Tallinn's status as a European Capital of Culture in 2011, which raised the nation's global tourism profile.

Looking ahead, we remain positive on the tourism industry outlook for all three states, with Latvia hopefully set to receive its own boost to tourism when Riga is a European Capital of Culture in 2014.

For 2013, BMI holds the following forecasts and views:

* Estonia has performed best in terms of attracting tourists from both Western Europe and former Soviet states in recent years. This is reflected in its strong inbound tourism flows, which we expect to continue over our newly extended forecast period to 2017. Estonia remains BMI's favoured Baltic tourist market.
* Cruise ship arrivals to the Baltic states will continue to grow strongly over our forecast period, with more cruises now stopping in Lithuania and Latvia, in addition to Estonia.
* Latvia still arguably needs to do more in terms of international tourism promotion if it wants to develop its tourism industry as fully as those in Estonia and Lithuania. In particular, Latvia remains heavily reliant on neighbouring states for its inbound tourism flows, with more than 50% of its H112 arrivals coming from either Estonia or Lithuania. In comparison, Latvia accounted for just 3% of total overnight tourists in Estonia in 2011.

Partial Table of Contents:

SWOT Analysis
- Baltic Tourism SWOT
- Estonia
- Estonia Political SWOT
- Estonia Economic SWOT
- Estonia Business Environment SWOT
- Latvia
- Latvia Political SWOT
- Latvia Economic SWOT
- Latvia Business Environment SWOT
- Lithuania
- Lithuania Political SWOT
- Lithuania Economic SWOT
- Lithuania Business Environment SWOT
Industry Forecast Scenario
- Estonia
- Arrivals
- Table: Estonia Arrivals Data, 2010-2017
- Accommodation
- Table: Estonia Hotels Data, 2010-2017
- Expenditure
- Table: Estonia Tourism Expenditure Data, 2010-2017
- Inbound Tourism
- Table: Tourist Arrivals In Estonia By Region, 2010-2017
- Table: Tourist Arrivals In Estonia By Country, 2010-2017 ('000)
- Outbound Tourism
- Table: Estonian Departures By Destination Country, 2010-2017
- Latvia
- Arrivals
- Table: Latvia Arrivals Data, 2010-2017
- Accommodation
- Table: Latvia Hotels Data, 2010-2017
- Expenditure
- Table: Latvia Tourism Expenditure Data, 2010-2017
- Inbound Tourism
- Table: Tourist Arrivals In Latvia By Region, 2010-2017
- Table: Tourist Arrivals In Latvia By Country, 2010-2017 ('000)
- Outbound Tourism
- Table: Latvia Outbound Data, 2010-2017
- Table: Latvia Departures By Destination Country, 2010-2017 ('000)
- Lithuania
- Arrivals
- Table: Lithuania Arrivals Data, 2010-2017
- Accommodation
- Table: Lithuania Hotels Data, 2010-2017
- Expenditure
- Table: Lithuania Tourism Expenditure Data, 2010-2017
- Inbound Tourism
- Table: Tourist Arrivals In Lithuania By Region, 2010-2017
- Table: Tourist Arrivals In Lithuania By Country, 2010-2017 ('000)
- Outbound Tourism
- Table: Lithuania Outbound Data, 2010-2017
- Table: Lithuanian Departures By Destination Country, 2010-2017 ('000)
Market Overview - Travel
- Airports
- Commercial Airlines
- Cruises
- Global Oil Products Price Outlook
- Table: BMI's Oil Price Forecasts And Bloomberg Consensus, Average Price (US$/bbl)
Market Overview - Hospitality
- Estonia
- Latvia
- Lithuania
- MICE trade
Risk/Reward Ratings
- Table: Central And Eastern Europe Tourism Risk/Reward Ratings
- BMI's Security Ratings
-

Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=514007&dt=t

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.


Author:
Bill Thompson
e-mail
Web: www.fastmr.com
Phone: 18008448156

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com | BidVertiser