(Entertainment-NewsWire.com, July 05, 2017 ) " Inbound Tourism Spending Habits in Top 10 Countries " report added by Market Research HUB 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
- 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
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